My Country's Largest Offshore Self-operated Oil Field Suizhong 36-1's Cumulative Crude Oil Production Exceeded 100 Million Tons

1. Suizhong 36-1 Oilfield: my country's first offshore oilfield producing over 100 million tons of crude oil

China National Offshore Oil Corporation (CNOOC) announced good news: Suizhong 36-1 Oilfield has produced over 1 billion barrels of oil, becoming the first offshore oilfield in my country to produce over 1 billion barrels of oil. This historic achievement marks a major breakthrough in my country's offshore oilfield development, and also provides new guarantees for my country's energy self-sufficiency and energy security.

2. Suizhong 36-1 Oilfield has great economic value in the market

Suizhong 36-1 Oilfield, located in the Bohai Bay, is my country's largest offshore self-operated oilfield. The development of crude oil resources has injected strong impetus into the national economy. According to market price estimates, the market value of 100 million tons of crude oil is as high as hundreds of billions of yuan. These crude oils directly support the development of my country's petrochemical industry, greatly reduce my country's dependence on foreign oil, and reduce the impact of international oil market fluctuations on the domestic economy.

3. Improve energy security: independent production enhances national strategic stability

Improving energy security Energy security has always been an important part of the national strategy. The breakthrough in output of Suizhong 36-1 oil field has enhanced the stability of my country's energy supply. As the international situation becomes more complicated and the uncertainty of the global energy supply chain increases, it is particularly important to improve independent energy production capabilities. The successful operation of the Suizhong 36-1 oil field has further consolidated my country's voice in the global energy field.

4. The crystallization of technological innovation: overcoming problems in offshore oil field development

The success of Suizhong 36-1 Oilfield is inseparable from technological innovation and breakthroughs. The development difficulty of offshore oil fields is much higher than that of land oil fields. Faced with the complex marine environment, CNOOC has carried out a lot of technological research and innovation in drilling, mining, transportation and other aspects. Efficient drilling technology, advanced oil production equipment and intelligent management systems have improved the production efficiency of oil fields and significantly reduced production costs and environmental risks.

5. Environmental protection and sustainable development: green practices in Suizhong 36-1 Oilfield

During the production process, Suizhong 36-1 Oilfield strictly complies with national environmental protection standards and adopts a number of environmental protection technologies, such as offshore platform wastewater treatment and oil field associated gas recovery, to minimize the impact on the marine ecological environment. This reflects corporate social responsibility and sets an example for other offshore oil fields.