ExplorationBeijing confirms large deep-water gas find in the South China SeaBaodao 21-1 in the Qiongdongnan basin holds up to 50 Bcm of proven gas in placeOn target: the COSL semisub Hai Yang Shi You 982 drilling the Baodao 21-1 well.Photo: CNOOC LTDXu YiheSingapore