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Page added on February 24, 2021

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China announces MASSIVE oil & gas discovery in Bohai Sea

Geology
China National Offshore Oil Corporation (CNOOC) revealed this week that its newly discovered oil and gas field in the Bohai Sea contains proven geological reserves of 100 million metric tons of oil and gas equivalent.

That makes Bozhong 13-2 one of the biggest crude oil production bases in the country, according to the company.

The new field is located 140 kilometers off the coast of Tianjin at an average water depth of 23.2 meters, according to Zhou Xinhuai, general manager of the oil exploration department at CNOOC. The Bozhong 13-2-2 well, where the reserve was discovered, was drilled and completed at a depth of 5,223 meters, and encountered oil pay zones with a total thickness of approximately 346 meters.

The well was tested to produce an average of approximately 1,980 barrels of crude oil per day. The company expects daily crude oil and natural gas generation from the well to reach 300 tons and 150,000 cubic meters, Zhou was cited as saying by China Daily.

The Bohai oilfield is likely to start production in 2023 and achieve a peak output of 1.2 million tons of oil equivalent.

According to industry experts, the Bohai Sea natural gas and oil discoveries will boost CNOOC’s annual output to above 80 million tons of oil equivalent by 2025.

The company said in 2019 that its Bohai discoveries contain 100 billion cubic meters of proven geological reserves of natural gas. It expects the increased capacity from the new finds to help meet the surging demand for natural gas in northern and eastern China and reduce the country’s reliance on costly imports.

China’s natural gas production reached 188.8 billion cubic meters in 2020, up 9.8 percent on a yearly basis, according to data by the National Bureau of Statistics. Natural gas imports rose to 102 million cubic meters, up by 5.3 percent on a yearly basis.

rt



15 Comments on "China announces MASSIVE oil & gas discovery in Bohai Sea"

  1. Theedrich on Wed, 24th Feb 2021 10:59 pm 

    Great news for China and the world! Bohai Sea oil will greatly boost China’s growth and prosperity.  At this point in history, China is the only country advancing the cause of evolution.  The rest of the planet, under the sick pressure of the insane United States, is intent on lowering the general IQ and civilizational level of our species.  Only China has the will to exterminate the absurdity of Islam and to press ahead with the scientific and cultural evolution of nature.

    Meanwhile, the U.S. continues to wallow in its historical stupor of White genosuicidism and biological regression, under the pretence of “moral superiority” — currently known as “wokeness.”  Only China has a serious, long-term plan to counter such idiocies.  The Bohai Sea discovery will be a major resource in helping that nation achieve its goals.

    Which will leave America in the dustbin of history.

  2. Cloggie on Thu, 25th Feb 2021 12:43 am 

    MASSIVE oil & gas discovery… 100 million metric tons of oil and gas equivalent.

    100 million tons = 700 million barrels = 700/20 = 35 days US consumption.LOL

    Whooptidoo!

    The wind in contrast blows eternal.

    https://deepresource.wordpress.com/2021/02/18/holland-and-wind-power-a-centuries-old-success-story/

  3. DT on Thu, 25th Feb 2021 8:19 am 

    “The wind in contrast blows eternal.” Yes Cloggie unfortunately the hot air you blow never ends……..

  4. Biden's hairplug on Thu, 25th Feb 2021 8:41 am 

    Australian defense department says that China likely to take over Taiwan before 2024.

    https://www.youtube.com/watch?v=i5UY8EVU848

    If the US and Five Eyes allies would intervene, this would lead to a major escalation and China attempting to remove its adversary from East-Asia completely and follow them into Australia, never to leave.

    We know what happened to South-Vietnam.

    A slaughter-party in East-Asia could easily trigger an uprising in the US, by patriots unwilling to die in Asia and rather start a new “America First” republic under the confederate flag, rather than serving ZOG.

  5. OutcastPhilosopher on Thu, 25th Feb 2021 8:55 am 

    America is retarded.

  6. dissident on Thu, 25th Feb 2021 10:39 am 

    RT journalists are just as retarded as the ones at CNN. They can’t even determine the relative size of these “massive” discoveries.

    If people want to know why humanity is sleep walking into a disaster, thank the MSM for acting like a brain tranquilizer.

  7. OutcastPhilosopher on Thu, 25th Feb 2021 11:36 am 

    MSM? These retards literally go and take experimental vaccines and drink fluoridated water.

    LOL

  8. Cloggie on Thu, 25th Feb 2021 3:59 pm 

    Yes, even I have to admit you are 100% correct about that DT.

  9. makati1 on Thu, 25th Feb 2021 4:24 pm 

    Right on Theedrich! Totally in agreement.

    Amerika blames China for being a totalitarian dictatorship when, as usual, It is Amerika that is the new Fascist Police State. The Amerikan serfs are now seeing behind the curtain as they are jailed in their homes. Amerika, the world’s number one hypocrite.

  10. makati1 on Thu, 25th Feb 2021 4:29 pm 

    Cloggie, the techie bot that tries to promote a future that will never exist. Only his “wind” is eternal. It comes out both ends but is useless except to add to the air pollution.

    BTW: How did that renewables thingy turn out for Texas? It is too unreliable to power the world and there are zero real battery storage possibilities, except techie porn. Climate change negates any long term systems other than the one in place today, FFs.

  11. makati1 on Thu, 25th Feb 2021 4:40 pm 

    Oh, BTW: This “developing” country, called the Philippines, has a space program and satellites.

    https://mb.com.ph/2021/02/25/how-the-philippines-space-program-evolved-from-late-comer-to-fast-learner/

    Asia is where the real world still exists.

  12. Cloggie on Fri, 26th Feb 2021 5:40 am 

    “How did that renewables thingy turn out for Texas? It is too unreliable to power the world and there are zero real battery storage possibilities, except techie porn.”

    Really? Renewables count for merely 15% of total contribution to Texan electricity. In Germany and Denmark, that’s 50%, and they still have the most reliable and stable grids in the world, far better than the US.

    The Texan grid failure is due to US sloppiness and backwardness in all things engineering and neglected maintenance and has nothing to do with renewable electricity in itself.

    “Cloggie, the techie bot that tries to promote a future that will never exist. Only his “wind” is eternal. It comes out both ends but is useless except to add to the air pollution.”

    Here I have summarized why this “wind and solar can’t exist without fossil fuel” lunacy is just that:

    https://deepresource.wordpress.com/2021/02/25/monopile-installation-and-extraction-test/

    Not that you guys will ever take this to heart, but that’s OK. We’ll teach you how to do renewables when Europe returns to North-America to sort out the balkanized diversity mess.

    “This “developing” country, called the Philippines, has a space program and satellites.”

    BS, they are piggy-backing on the US, Indonesian, Chinese and Japanese knowledge.

    Let the Ps sort out its slums first:

    https://en.wikipedia.org/wiki/Philippine_space_program

  13. slimus on Fri, 26th Feb 2021 1:53 pm 

    hi

  14. makati1 on Fri, 26th Feb 2021 3:21 pm 

    And they failed, Cloggie. 15% is a big loss when it cannot be replaced by other sources. Ask Texans what they think about “renewables” now.

    You refuse to accept that your “renewables” cannot exist without FFs. Your mind refuses to even consider the realities of the systems you promote. Our energy system relies on FFs and always will, until the end when we regress to muscle power.

    https://sunweber.blogspot.com/2011/12/machines-making-machines-making.html

    It took at least 100,000 people to make that solar panel or windmill possible with FFs needed all long the way. Mechanical/electronic “renewables” are a NET LOSS of energy if ALL factors are considered, meaning the real world.

  15. Cloggie on Sat, 27th Feb 2021 3:47 am 

    “And they failed, Cloggie. 15% is a big loss when it cannot be replaced by other sources.”

    So what? Nobody guarantees that natural disaster will be expelled from history once and for all. Entitled snowflake attitude. Texans had a difficult week, thanks to failure of fossil, nukes and wind, because everything froze, was covered under layers of ice, pipes burst, etc., but Texas is now recovering, sadder and wiser and forced to rethink their flawed energy system.

    “Ask Texans what they think about “renewables” now.”

    You are suggesting ownership of knowledge you don’t make explicit. Links please.

    https://www.reuters.com/article/uk-factcheck-texas-wind-turbines-explain-idUSKBN2AJ2EI

    “Fact check: The causes for Texas’ blackout go well beyond wind turbines”

    “You refuse to accept that your “renewables” cannot exist without FFs.”

    Again that layman’s uninformed rubbish, unhindered by any formal education whatsoever, backed-up by that eternal moldy 2011 Weber link from some octogenarian old timer, who probably passed away already. He is all you got.

    Here is some fresh 2021 knowledge:

    https://deepresource.wordpress.com/2021/02/25/monopile-installation-and-extraction-test/

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