Super deep
(ECNS) -- Kaipingnan oilfield, China's first deep-water oilfield with proven reserves of over 102 million metric tons has been discovered in the Pearl River Estuary Basin of the South China Sea, according to the China National Offshore Oil Corporation on Friday.
At 300 kilometers off the city of Shenzhen in south China's Guangdong Province, the oilfield boasts a major light crude oil field with an average water depth of over 500 meters and the largest well depth of 4,831 meters.
The reservoir, buried at a depth of 100.6 meters, is estimated to produce oil and gas of more than 1,000 metric tons daily, setting a new record in China's deep-water oilfields.
The discovery fully demonstrates the broad prospects for deep water exploration in the South China Sea, said Liu Jun, chief geologist of CNOOC Shenzhen Branch.
In recent years, China has strengthened scientific research and achieved large-scale oil and gas discoveries such as the Bozhong 26-6 oilfield and Baodao 21-1 deep water gas field.
Exploration, development, construction, and operation of the Kaipingnan oilfield will drive the development of shipbuilding, steel, electromechanical and other industries.
Related articles
Met Gala 2024: Rita Ora goes nude in a barely
Rita Ora left very little to the imagination as she stepped out on to the Met Gala red carpet wearin2024-05-08Australian hockey legend expects Olympic medal for China women's team
As his compatriot and former mentee Alyson Annan coached the Chinese women's team, Australia'2024-05-08Heat on the Hurricanes after hooker injuries in Super Rugby Pacific
WELLINGTON, New Zealand (AP) — The Hurricanes face an injury crisis at hooker as they attempt to reb2024-05-08New Big 12 out to prove bigger bank accounts don't always mean better football teams in 12
SCOTTDALE, Ariz. (AP) — Before the realigned Big 12 — sans Oklahoma and Texas —even kicks off, the e2024-05-08Shanghai rout Zhejiang as unbeaten run reaches 10
Shanghai Shenhua extended their unbeaten streak to 10 matches in the Chinese Super League (CSL) with2024-05-08- Katie Holmes looked comfortable in a loose-fitting, casual black slip dress when in New York City on2024-05-08
atest comment