CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Huizhou 19-6

Chinese Oil Major Discovers New Field

China’s state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels. Dubbed Huizhou 19-6, the field is located some 100 miles offshore the province of Shenzhen. Test drilling produced 413 barrels of crude oil and 68,000 cu m of natural gas daily, state news agency Xinhua reported. Deepwater and ultra-deepwater oil and gas…

China discovers major new oilfield in east South China Sea

China's National Offshore Oil Corp. said Monday it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tonnes.

China discovers major oilfield in South China Sea

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

China’s CNOOC discovers 100 million tonnes of oil in offshore drilling breakthrough

The newly found Huizhou 19-6 oilfield is not in a disputed part of the South China Sea and lies within China's Exclusive Economic Zone, which runs for 200 nautical miles or 370 km from its coast

The proven reserves of the Huizhou 19-6 deposit, 170 km off Shenzhen, amount to over 100 million tons.

China discovers major new oilfield off Shenzhen

Test drilling has yielded a daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas, the agency said.