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CNOOC recently announced that China's largest offshore oilfield, Bohai Oilfield, will produce 30.
Founded in 1965, Bohai Oilfield is the birthplace of China's offshore oil industry and the main oilfield with the highest output, the largest scale and the best benefits carefully cultivated by CNOOC
Since CNOOC fully implemented the "Seven-Year Action Plan" to increase oil and gas reserves and production in 2019, the Bohai Oilfield has continuously discovered four Bozhong 19-6, Kenli 6-1, Kenli 10-2 and Bozhong 13-2.
Xue Yongan, chief exploration engineer of CNOOC Tianjin Branch, said that the geological structure of the Bohai Bay Basin is complex, like a "golden plate".
In order to find these scattered oil reservoirs, Bohai Oilfield has successively applied the concepts of "three-dimensional exploration", "cluster exploration", "combination exploration" and "value exploration", and the proven reserves have been rising continuously