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China National Offshore1 Oil Corporation (CNOOC) announced on Monday that high-quality and high-yield oil flow has been discovered in its Bozhong 19-6 gas field, located in the Bozhong Sag2 in the Bohai Sea area, China Central Televison reported.
中国海洋石油总公司周一宣布,位于渤海海域渤中凹陷的渤中19-6气田发现优质高产油气流。
Being the largest oil and gas discovery in the Bohai Bay Basin in the past 50 years, the hundred billion square meters gas could be used by millions of city dwellers3 for hundreds of years. If all of it is spread on the ground, it would be the size of 15,000 Beijing National Stadium.
Bohai Oilfield is located in the hinterland of Beijing-Tianjin-Hebei region. Although it is the second-largest crude oil production base in China, its discovered reserves in the past 50 years are mainly crude oil due to its complex geological structure. Till now, few natural gas discoveries have been made.
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