You have access to this full article to experience the outstanding content available to SPE members and JPT subscribers. To ensure continued access to JPT's content, please Sign In, JOIN SPE, or Subscribe to JPT Predictably, drilling challenges in these plays are numerous. This paper discusses the successful application of managed-pressure drilling (MPD) in the basin with reduction in risks and well costs. In recent years, approximately 27% of major oil and gas discoveries have come from HP/HT fields. The South China YQ Basin is one of the three major offshore HP/HT regions in the world and is located at the intersection of the Eurasian, Pacific, and Indo-Australian plates and has a complex geological structure.