gas discovery
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China's biggest offshore company is looking to open a new frontier with shallow reservoirs found in the deep water of the South China Sea.
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The initial well is being reviewed along with other discoveries in the area for possible joint development.
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New well on the Gydan Peninsula strikes gas and condensate.
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A second well, Curaçao, also encountered commercial oil volumes in the Santos Basin.
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The Cengkih discovery will likely be tied back to the nearby Pegaga field.
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KUFPEC makes commercial discovery of natural gas and condensate in the Anambas Block.