Abstract: Well Kedong-1, a risk exploration well of CNPC, has gained commercial oil and gas flow in Cretaceous reservoir. It is the most important breakthrough in the piedmont zone of Southwest Tarimsince the Kekeya Condensate Field was discovered in 1977.The discovery of Kedong-1 Condensate Pool can be attributed to the combination of the transferring of exploration thought, recognizing the crucial problem, painstaking petroleum geological study and improvement of exploration technology. The drilling fruit of Well Kedong-1 has brought a great progress in the geological knowledge about piedmont zone of Mt. Kunlun and showed the great exploration prospect of Kedong faulting tectonic belt. It is of great significance to the development of Southwest Tarim Oilfield Exploration and Development Corporation, the improvement of people's life, environment protection and social stability of Three South Xinjiang Districts.

Key words: Kedong Faulting Tectonic Belt, risk exploration, Kedong-1 Condensate Pool, strategic discovery, exploration significance, exploration prospect