Beijing: The Bohai Sea, which runs along China's northern coastline, has been home to a significant oilfield with 100 million tonnes of light crude reserves, according to the state-owned oil and gas corporation CNOOC in China.

The Bozhong 26-6 oilfield is located in the southern part of the Bohai Sea, with an average water depth of 22 metres, according to a statement released by the company on Wednesday.

At a depth of 4,480 metres, where the discovery well was drilled and completed, 321.3 metres of oil pay zones were found.

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According to the report, the well was tested to produce an average of 2,040 barrels of crude oil and 11.45 million cubic feet of natural gas daily.

After Kenli 6-1 and Kenli 10-2, the Bozhong 26-6 oilfield was discovered with [a] hundred million tonnes of reserves in the southern Bohai Sea, according to CNOOC's deputy chief exploration engineer, Xu Changgui.

In addition, CNOOC "will keep looking for mid-to-large sized oil and gas fields and continue the momentum in offshore oil and gas development," said the company's chief executive Zhou Xinhuai.

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By 2025, experts in the field predict that oil and natural gas discoveries in the Bohai Sea will increase CNOOC's annual production to more than 80 million tonnes of oil equivalent.

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After CNPC and Sinopec, CNOOC is the largest national oil company in China. CNOOC is a Beijing-based company that was established in 1982 and specialises in the production, processing, and marketing of oil and natural gas from China's offshore zones.