China's CNOOC discovers 100 million-ton oilfield in South China Sea, Xinhua says

The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news agency reported on Monday. The newly found Huizhou 19-6 oilfield is not in a disputed part of the South China Sea and lies within China's Exclusive Economic Zone, which runs for 200 nautical miles or 370 km from its coast. Huizhou 19-6 is China's first large-scale integrated clastic oilfield in the deep to ultra-deep layers, the report said.