Discussions on exploration strategy in the Bohai Bay Basin

Bohai Bay Basin is a matured basin for petroleum exploration, however,its petroleum geological condition is complex and a big complicated oil and gas gathering area. Now, exploration is mainly focused on Shahejie Formation in age of Paleogene. There are some new strata left for exploiting. The exploration strategy in the Bohai Bay Basin should be a play of detail checking up the upper layer (Neogene), progressive exploration and development of middle layer (Paleogene) and exploring the deep layer (Paleozoic). With many large area and low magnitude structures. The neogene has practical potential for finding large petroleum fields. The progressive exploration and development of Paleogene should increase the reserves continuously. The exploration has potential for finding more reserves.