China has announced the discovery of a large offshore oil field in the eastern part of the South China Sea, with confirmed reserves exceeding 100 million tons.
The announcement was made by the China National Offshore Oil Corporation on Monday, marking a significant breakthrough in the country’s deep-sea oil exploration efforts.
The newly discovered oil field, named Huizhou 19-6, is China's first large-scale integrated clastic reservoir found in deep and ultra-deep layers. Located approximately 170 kilometers off the coast of Shenzhen in Guangdong Province, the site has an average water depth of 100 meters.
Test drilling at the site has shown promising production potential, yielding 413 barrels of crude oil and 68,000 cubic meters of natural gas per day. The discovery is expected to contribute significantly to China's offshore energy resources.
Extracting oil and gas from deep and ultra-deep layers presents several challenges, including extreme temperatures, high pressure, and complex geological conditions.
However, advancements in technology and exploration techniques have enabled China to make progress in tapping into these difficult-to-reach reserves.
With this latest discovery, China strengthens its position in offshore oil and gas production, potentially reducing its reliance on energy imports and boosting domestic energy security.