Xin Lang Cai Jing·2025-12-22 00:50Core Viewpoint - China National Offshore Oil Corporation (CNOOC) announced that the Bohai Oilfield, the largest offshore oilfield in China, is expected to achieve a cumulative oil and gas equivalent production of over 40 million tons by 2025, marking a historical high and providing support for national energy security and high-quality economic development [1][4]. Group 1: Production Goals and Achievements - The Bohai Oilfield is China's highest-producing and largest offshore oilfield, currently operating over 60 oil and gas fields and more than 200 production facilities, with a cumulative crude oil production exceeding 600 million tons [4]. - CNOOC has set a target to achieve an oil and gas production of 40 million tons by 2025, with a focus on accelerating capacity construction and completing record drilling and well completion operations [4][6]. - Key projects, including the Kenli 10-2 and Bozhong 26-6 oilfields, are expected to be rapidly constructed and put into production to support the 40 million tons target [4][6]. Group 2: Technological Innovations - The continuous growth in production at the Bohai Oilfield is attributed to technological innovations, including the deployment of the first domestically produced shallow-water underwater production system [6]. - High-temperature integrated injection and production equipment have facilitated the development of unconventional heavy oil fields, significantly increasing thermal production from 300,000 tons to 2 million tons [6]. - Over the past five years, the Bohai Oilfield has achieved an average annual oil and gas production growth rate of 5%, contributing approximately 40% of the national total increase in crude oil production [6].