BEIJING, March 31 (Reuters) – China National Offshore Oil Corporation has discovered an oilfield in the eastern South China Sea with proven reserves exceeding 100 million tonnes, a report in China’s official Xinhua news agency said on Monday.
The Huizhou 19-6 oilfield, as the report referred to it, is situated about 170 km from Shenzhen in south China’s Guangdong Province and sits at an average water depth of 100 metres, the report said.
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Test drilling has yielded a daily production of 413 barrels of crude oil and 68,000 cubic metres of natural gas, it added.
(Reporting by Joe Cash; Editing by Kim Coghill)
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