Country's first deep-water deep-stratum large gas field found in South China Sea

China National Offshore Oil Corp, the country's largest offshore driller, said on October 20 that the company has discovered the first deep-water deep-stratum large gas field in the South China Sea.

The Baodao 21-1 Gas Field, located in Qiongdongnan Basin, has a proven in-place of natural gas and condensate oil at over 50 billion cubic meters and 3 million cubic meters, respectively.

The gas field will lay a solid foundation for the construction of a gas production base of trillion cubic meters resources in the South China Sea.

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