The reporter learned from China National Offshore Oil Corporation on the 23rd that China's offshore oil and gas production will exceed 65 million tons of oil and gas equivalent in 2020, a record high.
Yan Hongtao, general manager of CNOOC Development and Production Department, said that since the beginning of this year, facing the dual challenges of the epidemic and low oil prices, CNOOC has continued to increase domestic oil and gas exploration and development and scientific and technological research efforts to achieve an increase of 2.4 million tons of domestic offshore crude oil production.
According to reports, on the one hand, CNOOC is working hard to speed up the production of new oil and gas fields, and on the other hand, it fully taps the production potential of the oil and gas fields in production. Through measures such as increasing drilling efforts and reducing the comprehensive decline rate of oil and gas fields, the goal of increasing production has been exceeded.
