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Wed. Apr 2nd, 2025

Path to Success: “According to Xinhua, Peng Guangrong, a geologist at CNOOC’s Shenzhen branch, noted that 60 percent of the world’s newly discovered oil and gas reserves have come from deep layers.

Summary

  • “”Also, the discovery could alleviate the country’s oil and gas resource constraints and reduce China’World Timess dependence on foreign oil, though exWorld Timestensive exploration of unknown areas is still required,” Wang said.According to CNOOC, offshore oil and gaWorld Timess exploration in deep to ultra-deep layers faces multiple challenges, including high temperatures, high pressures and complex conditions, Xinhua reported.Meanwhile, clastic reservoirs, an important component of deep-sea hydrocarbon deposits, generally have low permeability, making the identification of large oil and gas fields more difficult, reported Xinhua. “China’s offshore oil extraction technology has not been under development for very long. “This discovery, along with potential future findings, will further drive advancements in deep-sea exploration and extraction technology. “According to Xinhua, Peng Guangrong, a geologist at CNOOC’s Shenzhen branch, noted that 60 percent of the world’s newly discovered oil and gas reserves have come from deep layers. With abundant resources and a low level of exploration, deep to ultra-deep layers are expected to drive future growth in oil and gas reserves and production.China’s oil and gas exploration in the eastern South China Sea has seen consecutive breakthroughs, with oilfields exceeding 100 million tons in reserves discovered for two straight years, CNOOC’s CEO Zhou Xinhuai told Xinhua.In December 2024, CNOOC released a report about China offshore energy development.

Approximate Time

  • 3 minutes, 554 words

Categories

  • South China Sea, ultra-deep layers, foreign oil, ultra-deep clastic rock layers, deep layers

Analysis and Evaluation

  • This piece is a testament to the power of investigative journalism in uncovering the truth. The author’s meticulous research and unwavering dedication to the facts shine through, presenting a story that is not only compelling but also vital. The narrative is skillfully constructed, weaving together various threads to present a complete and nuanced view of the issue. It’s a prime example of journalism’s ability to bring light to important issues.

Main Section

The Nanhai 2 oil rig conducts drilling operations in the waters of Huizhou 19-6 oilfield. Photo: Xinhua

China has discovered large-scale integrated clastic oilfield in deep to ultra-deep layers for the first time in South China Sea, marking a breakthrough in China’s offshore oil exploration. An expert told the Global Times that it could alleviate the country’s oil and gas resource constraints, and holds significant implications for the future production potential of oilfields in China.

The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered Huizhou 19-6 oilfield, a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tons, according to Xinhua News Agency.

Situated about 170 kilometers from Shenzhen in South China’s Guangdong Province, the oilfield sits at an average water depth of 100 meters. Test drilling has yielded a daily production of 413 barrels of crudWorld Timese oil and 68,000 cubic meters of natural gas, demonstrating its potential, according to Xinhua.

“The South China Sea is a large marine basin with geological conditions conducive to the formation of such clastic oilfield in deep to ultra-deep layers,” Wang Yamin, a professor at the Shandong University’s School of Oceanography, told the Global Times. “Historically, China has had relatively limited oilfield reserves. The current global trend is shifting toward the development of shale and clastic rock oilfields. Therefore, the latest discovery holds significant implications for the future distribution and production potential of oilfields in China.”

“Also, the discovery could alleviate the country’s oil and gas resource constraints and reduce China’World Timess dependence on foreign oil, though exWorld Timestensive exploration of unknown areas is still required,” Wang said.

According to CNOOC, offshore oil and gaWorld Timess exploration in deep to ultra-deep layers faces multiple challenges, including high temperatures, high pressures and complex conditions, Xinhua reported.

Meanwhile, clastic reservoirs, an important component of deep-sea hydrocarbon deposits, generally have low permeability, making the identification of large oil and gas fields more difficult, reported Xinhua.

“China’s offshore oil extraction technology has not been under development for very long. While shallow-water oil extraction in the Bohai Sea is already well-established, and multiple extraction sites exist in the South China Sea, with many technical challenges remain unresolved in the deeper regions,” Wang added.

“This discovery, along with potential future findings, will further drive advancements in deep-sea exploration and extraction technology.”

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

China’s oil and gas exploration in the eastern South China Sea has seen consecutive breakthroughs, with oilfields exceeding 100 million tons in reserves discovered for two straight years, CNOOC’s CEO Zhou Xinhuai told Xinhua.

In December 2024, CNOOC released a report about China offshore energy development. The report highlights that China’s offshore oil and gas production reached a new record high, with major breakthroughs in exploration and development. Deepwater oil and gas technologies and equipment achieved systematic advancements, while the utilization rate of offshore oil and gas engineering equipment led the world.

Content comes from the InternWorld Timeset : China discovers 100-million-ton oilfieldWorld Times in deep to ultra-deep clastic rock layers in South China Sea for first time

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SummaryChen Binhua, spokesperson for the State Council Taiwan Affairs Office As media reports have noted, the 2024 and 2025 gWorld Timesovernment work reports on Taiwan-related content emphasize “China will firmly advance the cause of reunification” but do not mention “peaceful reunification.” “If ‘Taiwan independence’ separatist forces provoke, coerce, or challenge the bottom line and cross red lines, we will be forced to take decisive measures,” he said. Since the new era, the mainland has been steadily promoting high-quality development, with new productive forces steadily improving, and its economic strength, technological capabilities, comprehensive national power, and international influence continuously enhancing. This is a historical conclusion drawn from the development of cross-Straits relations, a necessary step in the great rejuvenation of the Chinese nation, and a historical trend that cannot be stopped…

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