CNOOC Adds Massive Gas Reserves in South China Sea Discovery

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CNOOC Adds Massive Gas Reserves in South China Sea Discovery
CNOOCGas DiscoverySouth China Sea
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China has discovered a massive gas field in the South China Sea, marking a significant milestone in the country's efforts to boost domestic energy production.

China ’s authorities have approved the proved gas in-place volumes of over 100 billion cubic meters in a new discovery in the western part of the South China Sea, which is the world’s first large ultra-shallow gas play in ultra-deepwater, state oil and gas giant

says. “Ultra-shallow gas reservoirs are important sources of hydrocarbon in deep waters,” and other Chinese state-owned energy giants are boosting domestic oil and gas exploration and production to keep up with government guidance for increased production to enhance China’s domestic energy supply and energy security. At the end of last month,

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