March 31, 2025

The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tonnes.

The newly discovered Huizhou 19-6 oilfield marks a breakthrough in China's offshore oil exploration, as it is the country's first large-scale integrated clastic oilfield discovered in deep to ultra-deep layers, CNOOC said.

Situated about 170 km 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 crude oil and 68,000 cubic meters of natural gas, demonstrating its potential.

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