HAI YANG SHI YOU 981 finds gas outside disputed area

China National Offshore Oil Corp. (CNOOC) has announced its first deepwater gas field discovery in the South China Sea,. The discovery was made by HAI YANG SHI YOU 981 MO: 9480344 .

The newly discovered gas field, dubbed Lingshui 17-2, is located 150 kilometers south of Hainan — in other words, not in a disputed area of the South China Sea.





[June 23 2011 Marine Oil 981: semisub rig to Spratly Islands]



Marine Oil 981, HAI YANG SHI YOU 981, 船主, will begin testing this week for the first time in preparation for its deployment to the South China Sea in July. 48.1 miles Northeast bearing 66° from Zhoushan, Zhejiang, China
The deployment of the semi-submersible platform comes as tensions rise in the hotly contested South China Sea. Shortly after China announced the completion of the platform — which took more than three years to build and cost more than $900 million. The oil rig is 114 m long, 140 m high and weighs 31,000 t. According to China State Shipbuilding Company, the deepwater platform is capable of drilling in waters up to 3,000 m deep, and of using a drill that goes as deep as 12,000 m.
China's ambassador to the Philippines, Liu Jianchao, has insisted China's intentions were peaceful and said that China was not looking for oil in the disputed waters and, therefore, no other country should. Philippine Daily Inquirer
2009 China Waigaoqiao Shipbuilding H1188 CNOOC Hai Yang Shi You 981 ABS Semi Sub Drilling Rig IMO: 9480344



Name: HAI YANG SHI YOU 981
Ex-names: 6 FMZ AF
MMSI: 413464330
IMO: 9480344
Callsign: BYDG
Flag: China

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HAI YANG SHI YOU 981, 船主 drillship gone south

CNOOC 981 is moving South at 4 knots from Shanghai, presumably on sea trials. In May,2011, CNOOC announced plans to deploy its first floating drilling platform to waters within the exclusive economic zone (EEZ) claimed by the Philippines.
Marine Oil 981, HAI YANG SHI YOU 981, 船主 may be headed for Spratly Islands and a conflict with Vietnam.
2011-12-01 20:28 HAI YANG SHI YOU 981 29.21839 123.1751 3.7 181
2011-12-01 18:21 HAI YANG SHI YOU 981 29.34051 123.1904 3.4 183
2011-12-01 13:29 HAI YANG SHI YOU 981 29.6417 123.2491 4.1 187
2011-12-01 10:20 HAI YANG SHI YOU 981 29.86356 123.3032 4.2 186
2011-12-01 00:22 HAI YANG SHI YOU 981 30.42981 123.0966 4.5 168
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HAI YANG SHI YOU 981: another for Petrochina

The $30 billion behemoth, Marine Oil 981, is designed to drill 800 deepwater wells that will produce $50 billion worth of oil annually by 2020. A similar floating rig is being built for PetroChina.

Deputy director Zhong Ziran of the national Geological Survey told reporters in January that his agency's annual spending for oil and gas exploration will rise tenfold, to 500 million yuan ($60 million). Sixty percent of that amount will support offshore projects, he adds. That's money to deploy platoons of scientists or defray the cost of dives by China's Jiaolong, a submersible capable of exploring to 5,000 meters' depth. A year ago the Jiaolong planted a Chinese flag in a South China Sea canyon 3,759 meters below sea level.
In November 2010, CNOOC told reporters that it has budgeted 200 billion yuan for development in the South China Sea. Leveraging the skills of foreign partners Devon Energy, Husky Energy and Anadarko Petroleum, CNOOC explained, it aimed to build up its capacity to drill in ever deeper water.

Beijing has warned Exxon-Mobil and BP to give up any thought of drilling in concessions granted by Vietnam close to the Spratly or Paracel archipelagos - though well within Vietnam's EEZ. BP chose not to drill; Exxon says it is going ahead. US Government analysts put the potential hydrocarbon bounty of the South China Sea area at 14 times China's current oil reserves and 10 times its gas reserves.

Whatever oil and gas turns out to be beneath the waves, hard evidence is mounting that China aims to find and secure by far the lion's share.


Another 30 billion yuan annually for "domestic" exploration is reportedly funneled through the national oil companies - CNOOC, Sinopec and PetroChina.



Up until now, China's offshore drilling has been limited to relatively shallow waters near its coast, employing 'jack-up rigs' that are planted on the seabed. In May, however, CNOOC announced plans to deploy its first floating drilling platform to waters within the exclusive economic zone (EEZ) claimed by the Philippines.
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Marine Oil 981, HAI YANG SHI YOU 981, 船主, Chen

Disputes over the sea’s islands and surrounding waters should be resolved through “dialogue and diplomatic measures,” Chen Bingde, chief of staff of the People’s Liberation Army,
Cheng yesterday confirmed China is developing a ballistic missile with a maximum range of 2,700 kilometers (1,700 miles) and the ability to strike moving targets including aircraft carriers, the China Daily reported. The Dongfeng-21D is undergoing experimental testing and will be used as a defensive weapon, the state-owned paper cited him saying.
Underestimated Development

In January, the Pentagon said it had underestimated the speed of China’s military development, including a fighter jet with stealth capabilities that was unveiled in test flights this year. The Office of Naval Intelligence last year estimated the DF-21D missile had a range of almost 900 miles.

The weapon would be fired from mobile, land-based launchers and is “specifically designed to defeat U.S. carrier strike groups,” the report said.

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Marine Oil 981: US should not get involved

China says the United States should not get involved in the disputes over the Spratly Islands since it is “not a party to the dispute”.
China's semi-sub drilling rig Marine Oil 981, HAI YANG SHI YOU 981, 船主 is headed for the Spratly Islands, a disputed area probably oil rich
The warning came as the Philippines and the United States prepare to hold joint naval exercises (CARAT) starting on June 28 at an undisclosed site where the Philippines’ Naval Forces West (Navforwest) operates. The site is believed to be in the Sulu Sea and nearby waters.China's increasing wealth pays for a big budget. Following its decade of spending increases, China's defense outlays are scheduled to rise another 12.7% in 2011 to 601 billion yuan (nearly $100 billion). That's far less than the U.S.'s $708 billion defense budget -- but the two are headed in opposite directions.

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