Shang Hai Zheng Quan Bao·2025-06-18 20:07Core Viewpoint - The Bohai Oilfield, developed by China National Offshore Oil Corporation (CNOOC), has achieved significant milestones in oil and gas production, with plans to further increase output to 40 million tons by 2025, supported by advanced technology and new projects [2][5][6]. Group 1: Production Achievements - The Bohai Oilfield has become China's largest offshore oil and gas production base, contributing nearly one-sixth of the country's crude oil output [2]. - In the first quarter of 2025, the oil and gas production reached a historic breakthrough of over 10 million tons [4]. - The daily crude oil production has surpassed 100,000 tons, with confirmed reserves of 2.24 billion barrels of oil equivalent by the end of 2024 [3][5]. Group 2: Technological Advancements - The Bohai Oilfield has implemented remote intelligent control for its production wells, ensuring real-time monitoring and data collection, which enhances safety and efficiency [3]. - The development of the Bohai Oilfield has seen multiple technological breakthroughs, filling gaps in domestic offshore oil and gas field development technology [3][6]. Group 3: Future Development Plans - CNOOC plans to achieve an annual production target of 40 million tons by 2025, with several key projects, including the Bohai Zhong 26-6 oilfield and the Kenli 10-2 oilfield, expected to contribute significantly to this goal [5][6]. - The company is focusing on value exploration and has reported successful discoveries of multiple billion-ton oil and gas fields, which will support stable production growth [6]. Group 4: Environmental Initiatives - CNOOC aims to establish a CCUS (Carbon Capture, Utilization, and Storage) demonstration center in northern China, leveraging key projects like the Bohai Zhong 19-6 gas field to promote low-carbon development [7]. - The company emphasizes a development philosophy that balances protection and development, aiming for high-quality green development in the Bohai Oilfield [8].