The West Hercules deepwater rig drilled the Liuhua 29-1-3 well to a total vertical depth of 2,900m below sea level.

The well, which encountered encouraging results, was drilled in a water depth of 682m at a location approximately three kilometres north of the initial Liuhua 29-1 discovery and has been cased for possible re-entry and development as a producing well at a later date.

The Liuhua 29-1 field is located about 43km northeast of the Liwan 3-1 field, the company’s first major discovery in Block 29/26.

Following the completion of operations at Liuhua 29-1-3, the West Hercules rig resumed development drilling at the Liwan 3-1 field.

Husky Oil China, a wholly owned subsidiary of Husky Energy, expects to submit Plans of Development for the Liwan 3-1 field to regulatory authorities in the next few months.

The first two fields in Block 29/26, Liwan 3-1 and Liuhua 34-2, will be developed in parallel, with first gas production targeted for 2013.