According to the British Petroleum Statistical Review of World Energy, China is home to more than half of the region's proven oil reserves. It was the largest Well Intervention Market in the region for well intervention in 2020, with 26,000 million barrels of proven oil reserves. Additionally, in April 2021, 3t Energy Group constructed the well control centre for CNOOC in an effort to enhance training possibilities in China. A 1.5 million dollar investment was made by the company, which also set up a number of technologies, including the MultiSIM system, which enables training in a range of well intervention activities, such as wireline operations, coiled tubing, and wireline.
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