China Announces Major Discovery of Huizhou 19-6 Oilfield in South China Sea
CNOOC has discovered the Huizhou 19-6 oilfield in the eastern South China Sea, featuring over 100 million tonnes in proven reserves. This finding represents a major advancement in offshore oil exploration for China. Early production tests show promising results, highlighting the potential of deep to ultra-deep layers for future oil and gas reserves.
The China National Offshore Oil Corporation (CNOOC) recently announced the discovery of a significant oilfield known as the Huizhou 19-6, located in the eastern South China Sea. This groundbreaking find boasts proven reserves of over 100 million tonnes, marking a critical advancement in China’s offshore oil exploration.
The Huizhou 19-6 oilfield, positioned approximately 170 kilometers from Shenzhen, lies at an average water depth of 100 meters. Initial test drilling has revealed a promising production rate, with output reaching 413 barrels of crude oil and 68,000 cubic meters of natural gas per day, indicating substantial potential.
CNOOC highlighted that there are considerable challenges associated with offshore oil and gas exploration at deep to ultra-deep levels. High temperatures, immense pressures, and complex geological conditions complicate the exploration process. Furthermore, clastic reservoirs tend to have low permeability, making the discovery of large hydrocarbon fields more challenging.
Geologist Peng Guangrong emphasized that deep layers are a source of significant reserves, contributing to 60 percent of newly discovered oil and gas worldwide. He projects that these deep to ultra-deep layers will play a crucial role in boosting future oil and gas reserves and production.
Moreover, CNOOC’s CEO Zhou Xinhuai reported that China’s exploration efforts in the eastern South China Sea have yielded consistent successes, with discoveries of oilfields surpassing 100 million tonnes in reserves for two consecutive years. These developments underscore the potential for continued growth in China’s energy sector.
In conclusion, the discovery of the Huizhou 19-6 oilfield marks a pivotal moment in China’s offshore exploration, showcasing the potential of deep to ultra-deep layer hydrocarbon reserves. With substantial proven reserves and promising early production figures, the growth of China’s oil and gas sector appears optimistic. Ongoing advancements will likely continue to face challenges, yet the trend of significant discoveries indicates a bright future for energy exploration in the region.
Original Source: english.news.cn
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