Ke Ji Ri Bao·2025-12-14 06:00Core Viewpoint - The successful launch of the "Hai Ji No. 2" deepwater jacket platform marks a significant advancement in China's deepwater oilfield development, with the full production of the second phase of the Liuhua oilfield project [1] Group 1: Project Overview - The Liuhua oilfield second phase development project is located in the Pearl River Mouth Basin and consists of the Liuhua 11-1 and 4-1 oilfields, with an average water depth of approximately 305 meters [1] - The project is designed to produce from 32 production wells, and since the first wells were put into operation in September of the previous year, daily crude oil production has reached 3,900 tons, setting a new production capacity record [1] Group 2: Historical Context - The Liuhua oilfield is China's first deepwater oilfield and has the largest proven geological reserves of reef limestone oil in the country, having been in production since 1996 [1] - To date, the Liuhua oilfield has produced over 20 million tons of crude oil, with an estimated 140 million tons of crude oil reserves still hidden beneath the seabed [1]