One program in the 863 Program "deep water oil and gas geophysical prospecting" has passed appraisal by expert panel, which signifies a historical breakthrough in China's oil and gas prospecting technology. China's exploitation of offshore gas and oil will hopefully extend from shallow water to deep water from now on.

In the past ten years, the offshore oil exploitation has extended from the shallow-sea to deep-sea reaching 3,000 meters globally. In light of this change, the High-tech Research and Development Program of China (863 program) initiated the "deep water oil and gas geophysical prospecting" program during the 10th Five-year Plan period.

By People's Daily Online