The report card of oil and gas reserves and production is bright and the policy dilemma still needs to be broken

Recently, the National Energy Administration organized a work promotion meeting in Beijing to vigorously increase oil and gas exploration and development in 2021, reiterating the need to continue to increase oil and gas exploration and development and investment, and unswervingly promote oil and gas reserves and production
.

At present, China's remaining oil and gas resources are still relatively abundant, and oil and gas exploration is generally in the middle stage of exploration, and there is still a large exploration potential in the future
.

The main force "competition" is fruitful

As the main force for increasing reserves and production, the "Three Barrels of Oil" has achieved great results
.

Since the beginning of this year, CNOOC has made a series of major breakthroughs in increasing oil and gas reserves and production
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In the first half of the year, CNOOC Limited exceeded the domestic oil and gas reserves and production tasks.
The increase in crude oil accounted for nearly 80% of the increase in the country, and its production and operation performance reached a record high

After six years of intensive exploration, CNPC has discovered a new 1 billion-ton-level ultra-deep oil and gas area in the rich area of ​​10,000 square kilometers in the hinterland of the Taklimakan Desert and the southern part of the Tarim River
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It is expected that during the "14th Five-Year Plan" period, large ultra-deep oil fields with an annual output of more than 5 million tons of oil and gas equivalent will be built, leading China's petroleum industry to efficiently develop ultra-deep and complex oil and gas reservoirs

Sinopec has made a number of major exploration breakthroughs in the Bohai Bay, Tarim, Sichuan, Ordos, and Subei basins, and its proven oil and gas reserves have exceeded the planned operation
.

At the same time, continue to promote the three-dimensional development of the Fuling shale gas field, strengthen the refined development of the Puguang, Yuanba, Daniudi, Songnan gas fields, and accelerate the production of natural gas

The policy dilemma still needs to be broken

Under the goal of carbon neutrality and carbon peak, domestic oil and gas exploration and development must implement green development and green production to continuously reduce carbon emissions
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This puts forward new and higher requirements for oil and gas companies to increase reserves and production

　　The objects of exploration and development are becoming more and more complex, making it more difficult to increase reserves and sustain production
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The overlapping area of ​​various protection areas and mineral rights exceeds 60,000 square kilometers, and the oil and gas reserves and production affected by overpressure are relatively large

　　At the same time, due to the inconsistency between the withdrawal and release of oil and gas exploration blocks, the incoordination of increased exploration and development efforts, land and sea use, and ecological environmental protection, high risks of exploration and development costs, and imperfect development policies for low-grade resources, the “Tenth In the Fourth Five-Year Plan period, increasing oil and gas reserves and production are also facing many policy dilemmas
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　　Pan Jiping, the Oil and Gas Resource Strategy Research Center of the Ministry of Natural Resources, said that during the "13th Five-Year Plan" period, the domestic upstream oil and gas industry has overcome the continuous impact of low oil prices and made a series of major discoveries in exploration
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However, it is worth noting that although the current domestic oil and gas exploration and development market has been fully liberalized, various market players can only enter the upstream exploration market, engage in oil and gas exploration, and find commercial-scale resources before they can enter the development and production links.
They cannot directly use the market method.
Obtaining the mining rights enters the mining process, and the work cycle is long, or it may affect the actual exploration results

　　In addition, due to the imperfect block exit mechanism, the upstream exploration circle is not explored, and the investment increases but there is no block, which is not conducive to the promotion of oil and gas exploration and new discoveries
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　　Potential for increasing production is still great

　　Data show that at present, the remaining domestic oil resources are 40.

8 billion tons, accounting for 63% of the total resources; the remaining natural gas resources are 97 trillion cubic meters, accounting for 83% of the total resources, and there is still a great potential for exploration in the future

　　Under multiple pressures, how to continue to increase reserves and production?

　　On the one hand, technological research and intelligent manufacturing have become the secret key
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The "three barrels of oil" all stated that continuous research on core technologies is the guarantee for large-scale oil and gas development
.
Oil and gas exploration and development should take relevant measures in terms of market-oriented reform, technological innovation, policy improvement, and strengthening domestic and international coordination
.

　　CNOOC Limited resolutely fought the key core technology battles in the process of developing offshore oil and gas resources, and the supporting role of technology in production and operation has been further strengthened
.
In the first half of this year, CNOOC Limited implemented the "Seven-Year Action Plan" special science and technology project for increasing reserves and production to support the additional oil and gas production of more than 15 million tons of oil equivalent, with significant effects
.

　　PetroChina has won a large oil field with proven reserves of more than 1 billion tons through three years of technical research, which has become one of the landmark achievements in China's oil and gas exploration field since the 21st century
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　　The Southwest Petroleum Bureau of Sinopec has solved the problem of increasing production through technical research.
The exploration and development of the Zhongjiang Gas Field has made new discoveries, adding 34.
029 billion cubic meters of proven natural gas reserves
.

　　On the other hand, oil and gas companies should vigorously promote the iterative development of carbon capture, utilization and storage technology (CCUS), promote cost reduction and technological upgrading, and essentially reduce the company's overall emissions to the outside
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　　The "three barrels of oil" also pointed out at their respective work meetings that they will continue to strengthen the national strategy of "stabilizing oil and increasing gas", vigorously develop natural gas, and accelerate the transition to green and low-carbon energy
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At the same time, we will increase policy support for unconventional resources to promote scale-efficient development; increase investment in oil and gas risk exploration, strengthen key technology research, and obtain strategic breakthroughs in oil and gas exploration and major oil and gas discoveries
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(Reporter Qu Peiran)

　　Transfer from: China Energy News