Offshore Oil Industry
The industrialization of China’s offshore oil and gas resources in the future is good, but a late start. According to the third assessment of the results of oil resources, China’s offshore oil and gas rich in resources, marine oil resources of 246 million tons, accounting for 23% of the total oil resources;-shore natural gas resource of 16 trillion cubic meters, accounting for 30% of the total . Proved the extent of China’s offshore oil and 12%, sea level was 11% of proven natural gas, far below the world average. Offshore oil and gas exploration as a whole in the early mid-term, resource base, the industrialization of good prospects for the future development of the strategic focus of China’s energy industry.
At the present stage of China’s offshore oil industry is in a rapid period of development. The beginning of reform and opening up, at the national offshore oil resources, the encouragement of cooperation with foreign policy, the state oil company introduction, digestion and absorption of foreign advanced technology and independent innovation, the development of a number of offshore oil exploration and development of core technologies, but also trained a number of offshore oil personnel. China in the field of 200m deep water oil and gas field development technologies in general has reached the world advanced level.
Meanwhile, the world’s offshore oil industry overall trend is towards deep water, and our deep-water offshore oil industry technology and the world advanced level still lags far behind. France, the United States, Japan and other developed countries from the 60 years since the last century, began to attach importance to marine development career in marine resource development has been equipped with heavy accumulation.
With the Ocean Drilling and development of engineering and technical advances in deep-water concept and scope. The 20th century, the late 90s, more than 300 meters deep waters of the deep water. At present, more than 500 meters deep, greater than 1,500 m, compared with ultra-deep water. Research and exploration practice shows great potential for oil and gas resources in Sham Shui Po, exploration there are good prospects. According to statistics, in 2008 the world’s reserves of 4 billion barrels of oil equivalent of more than a total of 14 major oil and gas discoveries, mainly from the marine areas, especially deep-sea. 14 major oil and gas discoveries, there are eight from the deep-sea regions.
The expert analysis, the cost of deep-water operations is very expensive, with the continental shelf and onshore exploration drilling compared to land-based oil and gas exploration investment is generally 3 to 5 times. But the deep-water exploration and drilling found oil deposits are also relatively high, therefore, unit costs and reserves are found is not high. With the current oil and gas exploration and development of land, offshore exploration and development of increasingly high, are gradually developing deep-sea.
United States University of Houston petro-chemical and energy, Professor Michael Economides in the “World Energy” magazine published an article that the future of oil not from the U.S. mainland, nor is it from Europe, but not from the Arctic wild Bio-protected areas, but the deep and ultra deep-sea areas. He believes that a huge deep sea oil reserves can be such as with Saudi Arabia the world’s top oil powers comparable.
At present, China has with Vietnam, the Philippines and other neighboring countries signed a joint development of the South China Sea area related to the agreement, plans to develop the South China Sea water depth of 1,500 meters to 3,000 meters of the domain will start the tender, the deep-water drilling plans are in the pipeline. At the national “863” program with the support of deep-water oil and gas field development of common technology platform is also under construction.
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