The report shows that Chinese oil and gas companies have great potential in the main battlefield of deepwater oil and gas exploration

The National Petroleum Strategic Research Center and the China Petroleum Exploration and Development Research Institute released the "Global Oil and Gas Exploration and Development Situation and Oil Company Dynamics (2022)" report
in Beijing on the 25th.
The report believes that at present, the deepwater field has become the most potential development direction of the global oil and gas exploration and development business, and is the main battlefield of exploration and discovery, and risk sharing and win-win cooperation are the direction of
global deepwater oil and gas project operation.

Oil and gas is the material basis for the survival of human production and life, an important pillar of national economic development, and is related to national security and national economy and people's livelihood
.
The data shows that China's oil and gas consumption continues to grow, and the dependence of oil and gas on foreign countries is high, reaching 72.
2% and 46%
in 2021, respectively.

Under the intertwined situation of the century-old changes and the epidemic of the century, the safe and stable supply of oil and gas and the green and low-carbon transformation, the irreplaceability of traditional fossil energy and the irreversibility of energy transformation have made energy security with oil and gas security as the core an important topic
related to national economic and social development.

The report said that in 2021, affected by the new crown pneumonia epidemic superimposed on low and medium oil prices, global oil and gas exploration showed a trend
of investment, workload and new discoveries of "one stability, two declines, and three consecutive increases".
The sea area is still the main battlefield for exploration and development of major oil and gas companies, the exploration success rate has exceeded that of land for the first time since the last round of high oil prices, and hot spots such as the two sides of the Central and South Atlantic, the Gulf of Mexico, the Black Sea, the South Caspian Sea, and the Arctic have led the discovery
of global oil and gas reserves.
It is expected that in the future, major oil and gas companies will pay more attention to exploration layout, strengthen investment willingness, and global oil and gas exploration investment will bottom out
.

The report pointed out that the deepwater field has become the main battlefield of global oil and gas exploration and discovery, and deepwater oil and gas projects have become the core areas of global oil and gas storage and production in the past 10 years, and among the 101 newly discovered large oil and gas fields, the number of deepwater oil and gas fields accounts for 67% and reserves account for 68%.

Deepwater oil and gas production continues to rise, with global deepwater oil and gas production of 500 million tons of oil equivalent in 2021, accounting for 6.
3%
of total global oil and gas production.

"China oil and gas companies have great potential in advanced layout, strategic follow-up, independent exploration, etc.
, and must continue to deepen understanding, optimize technology, and strengthen cooperation
.
" In the context of energy transformation, it is necessary to seize the opportunity, obtain favorable exploration blocks, form effective reserves of resources, and gradually realize the transformation from 'going out' to 'going up' through 'one transformation, three strengthening' to ensure national energy security and high-quality development
。 The report believes
.

The report emphasizes the need to study and judge the complex and changeable situation in advance and avoid potential risks in project operation; Adhere to the main position and technical advantages of onshore conventional oil and gas development, attach importance to the abandonment obligation of offshore oil and gas exploration projects, and steadily move from shallow water to deep water and ultra-deep water; Conform to the trend of low-carbon energy transformation and realize the transformation of natural gas assets from integration to business chain development; Studying the shareholding strategy and decision-making basis of international oil companies in the process of asset structure optimization, drawing lessons and lessons to ensure that the optimal asset investment and sale decisions are made, and creating and consolidating their own core production areas and stable supply bases are the premise and foundation for
Chinese oil and gas companies to carry out overseas oil and gas cooperation and ensure national oil and gas security.

It is understood that this is the sixth public release of the "Global Oil and Gas Exploration and Development Situation and Oil Company Dynamics
" report.
The press conference also released the "International Oil Company Carbon Neutrality Path" report on the same day around the "double carbon" strategic topic, which elaborated on the strategic layout and exploration practice
of international oil companies to promote energy transformation.

"At present, China is accelerating the construction of a new energy system, and the oil and gas industry should implement the new strategy of 'four revolutions and one cooperation' for energy security, coordinate development and security, seize the two main lines of oil and gas storage and production, and green and low-carbon transformation, and strive to achieve high-quality development
.
" Ren Jingdong, deputy director of the National Energy Administration, said
at the launch.