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China discovers new 100-million-ton oil and gas field in Xinjiang
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https://oilprice.com/Geopolitics/International/Irans-Huge-Caspian-Gas-Find-Is-A-Geopolitical-Gamechanger.html If the initial estimates of the gas reserves held in the Chalous deposit are correct then Iranian gas will be able to supply at least 20 percent of Europe’s gas needs.
China discovers new oilwell in Hailar basin, north China’s Inner Mongolia Autonomous Region, which can produce over 100 cubic meters of crude oil each day.
China has discovered a new 1-billion-ton super-deep oil and gas area in the Tarim Basin in Northwest China’s Xinjiang Uygur Autonomous Region, the largest discovery in the basin in nearly 10 years, the Chinese state-owned energy giant China National Petroleum Corporation (CNPC) said on Friday.
The discovered well is located in the Fuman Oilfield area, a main block for crude oil production in the Tarim Oilfield. Its drilling depth reached 8,470 meters and the height of the test oil column hit 550 meters, both marking new records for the deepest oil production and the highest oil column in the desert area of the Tarim Basin.
https://www.globaltimes.cn/page/202106/1226540.shtml
The world’s first 100,000-ton deep-sea semi-submersible oil production and storage platform, China’s self-developed “Deep Sea No 1” energy station, will provide stable gas supplies of 3b cubic meters annually for the Guangdong-Hong Kong-Macao Greater Bay Area plus Hainan island.