China announces discovery of large oil field in the East Sea

CNOOC said that the newly discovered Huizhou 19-6 oil field in the South China Sea has proven reserves exceeding 100 million tons, marking a breakthrough in China's offshore oil and gas exploration, as it is the country's first large-scale integrated clastic oil field discovered in deep to ultra-deep layers, according to Xinhua.

CNOOC logo at an expo in Beijing, China in 2022

Located about 170 kilometers from Shenzhen in China 's Guangdong Province , the Huizhou 19-6 oil field is located at an average water depth of 100 meters. Test drilling has yielded a daily output of 413 barrels of crude oil and 68,000 cubic meters ^of natural gas, demonstrating the potential of the Huizhou 19-6 oil field, according to Xinhua.

Peng Guangrong, a geologist at CNOOC 's Shenzhen branch , noted that 60% of the world 's newly discovered oil and gas reserves come from deep layers. With abundant resources and low exploration levels, deep to ultra-deep layers are expected to drive future growth in oil and gas reserves and production.

However, CNOOC said offshore oil and gas exploration in deep to ultra-deep layers faces many challenges, including high temperatures, high pressures and complex conditions.

Source: https://thanhnien.vn/trung-quoc-thong-bao-phat-hien-mo-dau-lon-o-bien-dong-185250331101959513.htm