China us beginning to develop a 100 million ton oil field in the South Chna Sea

[Scott Downey]

China has had no significant oil production until these recent finds

China Has Made A Major Discovery Deep Under The South China Sea

Never mind climate change, here's 100 million tons of oil.

www.iflscience.com

China has struck black-gold after discovering 100 million tons of oil beneath the seabed. A major oilfield, called Huizhou 19-6, was recently found in the deep and ultra-deep layers under the South China Sea, according to an announcement on Monday by the state-owned China National Offshore Oil Corporation (CNOOC).

Test wells have already sucked up hundreds of barrels of crude oil and the company claims there’s proven reserves of much, much more.
“The discovery well HZ19-6-3 was drilled and completed at a depth of 5,415 meters, which encountered a total of 127 meters oil and gas pay zones. The well was tested to produce 413 barrels of crude oil and 2.41 million cubic feet of natural gas per day. Through continued exploration, the proved in-place volume of Huizhou 19-6 oilfield has exceeded a hundred million tons of oil equivalent,” CNOOC said in a statement.
The new-found Huizhou 19-6 site is reportedly around 170 kilometers (105 miles) off the coast of Shenzhen in southern China's Guangdong Province. It’s well within China's Exclusive Economic Zone, the sea zone extending up to 200 nautical miles from a country's coast where it has special rights to fish, drill, and explore.

 

[Scott Downey]

Has an oil amp of exploration blocks​

South China Sea Energy Exploration and Development | Asia Maritime Transparency Initiative

Explore the energy blocks of the South China Sea.

amti.csis.org

South China Sea Energy Exploration and Development​

The U.S. Energy Information Agency estimates that the South China Sea holds about 190 trillion cubic feet of natural gas and 11 billion barrels of oil in proved and probable reserves, most of which lie along the margins of the South China Sea rather than under disputed islets and reefs. The U.S. Geological Survey in 2012 estimated that there could be another 160 trillion cubic feet of natural gas and 12 billion barrels of oil undiscovered in the South China Sea. Beijing’s estimates for hydrocarbon resources under the sea are considerably higher but still modest in relation to China’s overall demand—the country’s oil consumption in 2018 is expected to top 12.8 million barrels per day.

 

[Truth7t7]

China has had no significant oil production until these recent finds

China Has Made A Major Discovery Deep Under The South China Sea

Never mind climate change, here's 100 million tons of oil.

www.iflscience.com

China has struck black-gold after discovering 100 million tons of oil beneath the seabed. A major oilfield, called Huizhou 19-6, was recently found in the deep and ultra-deep layers under the South China Sea, according to an announcement on Monday by the state-owned China National Offshore Oil Corporation (CNOOC).

Test wells have already sucked up hundreds of barrels of crude oil and the company claims there’s proven reserves of much, much more.
“The discovery well HZ19-6-3 was drilled and completed at a depth of 5,415 meters, which encountered a total of 127 meters oil and gas pay zones. The well was tested to produce 413 barrels of crude oil and 2.41 million cubic feet of natural gas per day. Through continued exploration, the proved in-place volume of Huizhou 19-6 oilfield has exceeded a hundred million tons of oil equivalent,” CNOOC said in a statement.
The new-found Huizhou 19-6 site is reportedly around 170 kilometers (105 miles) off the coast of Shenzhen in southern China's Guangdong Province. It’s well within China's Exclusive Economic Zone, the sea zone extending up to 200 nautical miles from a country's coast where it has special rights to fish, drill, and explore.

You source IFLScience is a leftist media platform promoting leftist climate change owned and operated by LABX Media group "Ontario Canada"

Perhaps you need to stop promoting the leftist agenda Scott?

 

[Scott Downey]

You source IFLScience is a leftist media platform promoting leftist climate change owned and operated by LABX Media group "Ontario Canada"

Perhaps you need to stop promoting the leftist agenda Scott?

It is not a promotion. It is information. People know how to properly filter information they read. People should be aware of what other sides are thinking, if you are not aware to be prepared to counter them, then you're just being stupid and may end as road kill run over by them.

 

[Ronald Nolette]

China has had no significant oil production until these recent finds

China Has Made A Major Discovery Deep Under The South China Sea

Never mind climate change, here's 100 million tons of oil.

www.iflscience.com

China has struck black-gold after discovering 100 million tons of oil beneath the seabed. A major oilfield, called Huizhou 19-6, was recently found in the deep and ultra-deep layers under the South China Sea, according to an announcement on Monday by the state-owned China National Offshore Oil Corporation (CNOOC).

Test wells have already sucked up hundreds of barrels of crude oil and the company claims there’s proven reserves of much, much more.
“The discovery well HZ19-6-3 was drilled and completed at a depth of 5,415 meters, which encountered a total of 127 meters oil and gas pay zones. The well was tested to produce 413 barrels of crude oil and 2.41 million cubic feet of natural gas per day. Through continued exploration, the proved in-place volume of Huizhou 19-6 oilfield has exceeded a hundred million tons of oil equivalent,” CNOOC said in a statement.
The new-found Huizhou 19-6 site is reportedly around 170 kilometers (105 miles) off the coast of Shenzhen in southern China's Guangdong Province. It’s well within China's Exclusive Economic Zone, the sea zone extending up to 200 nautical miles from a country's coast where it has special rights to fish, drill, and explore.

Well if the EEZ of 200 miles also bumps in to another countries 200 mile EEZ, it has to be decided by eith direct negotiations or by maritime international courts.

But given that china recognizes no authority but their own (unless it suits them differently) I do not see any one challenging them.

This is why we need to drill for our known 200+years of proven reserves to be independent of nations like china and Russia and Iran.

 

[Scott Downey]

Well if the EEZ of 200 miles also bumps in to another countries 200 mile EEZ, it has to be decided by eith direct negotiations or by maritime international courts.

But given that china recognizes no authority but their own (unless it suits them differently) I do not see any one challenging them.

This is why we need to drill for our known 200+years of proven reserves to be independent of nations like china and Russia and Iran.

In Trump's new EU deal just announced, he says EU will buy $750 million dollars of US oil and Ngas from the US, they will do that instead of buying from Russia.

 

[Ronald Nolette]

In Trump's new EU deal just announced, he says EU will buy $750 million dollars of US oil and Ngas from the US, they will do that instead of buying from Russia.

Lets hope it comes to pass.

 

[Truth7t7]

It is not a promotion. It is information. People know how to properly filter information they read. People should be aware of what other sides are thinking, if you are not aware to be prepared to counter them, then you're just being stupid and may end as road kill run over by them.

Yes by posting the leftist propaganda as a source you're promoting their agenda, its that simple

No different than posting CNN, MSNBC, or any other leftist media source of propaganda

 

[Scott Downey]

Yes by posting the leftist propaganda as a source you're promoting their agenda, its that simple

No different than posting CNN, MSNBC, or any other leftist media source of propaganda

That's totally laughable.
People can figure things out on their own, they do, and everyone has an opinion.