Coiled tubing (CT) has been widely used for oil and gas exploitation, however corrosion of CT under high pressure and high temperature (HPHT) environment was often reported, also corrosion induced failures of CT welds were often observed to occur during service. Corrosion related behaviors of CT welds are not clear. Therefore, a study of the corrosion resistance of CT welds under HPHT environment is carried out. In order to efficiently evaluate the corrosion resistance of welds, some test samples were obtained by linear cutting out of a CT110 in service on the site. The water samples from gas field were used as the test reagent to simulate the actual corrosive medium. Based on the results of weight loss test under HPHT corrosive environment and tensile test under room conditions, the corrosion sensitivities of the welding seam and base material under various temperatures and partial pressures of CO.sub.2 as well as the mechanical properties of the corroded CT were compared and evaluated quantitatively, the corrosion morphologies and material products of the test samples were analyzed by scanning electron microscope (SEM). The test results showed that the corrosion rates of the welding seam in a HPHT caldron were 1.7, 2.0 and 1.2 times of the base metal's when the total pressure is 4MPa, and the temperature is 30°C, 60°C and 90°C, respectively. The corrosion rates of the welding seam is 2.0, 2.1 and 2.0 times of the base metal's when the partial pressure of CO.sub.2 is 0.1MPa, 0.2MPa and 0.3MPa, respectively. The yield strength of the weld seam after corrosion test was found to be reduced by 4.8% (the yield strength of the base metal was reduced by 4.0%) and its tensile strength was reduced by 8.2% (the base metal was reduced by 7.1%). This indicates that CT weld seam is more susceptible to corrosion than CT base material under service condition.