Geological characteristics and exploration targets of Pinghu Oilfiled

Based on current exploration of Pinghu Oilfield, the hydrocarbon geological characteristics and accumulation law of this oilfield are analyzed, and its hydrocarbon potential is illustrated that undrilled structural and subtle traps are the best potential areas. Reserves of Pinghu Oilfield is not enough and it's urgent to increase its candidate reserves, so this paper proposes guiding exploration theory and goals which are: stick to the integration of exploration and development, strengthen study of hydrocarbon geology, introduce new technology, do overall evaluation, reduce risks and increase candidate reserves. Specified ex-ploration planning is also made: explore mainly the middle part of structural traps and meanwhile pay attention to the west and east parts, and strengthen the exploration of subtle traps.