In 2023, the China National Petroleum Corporation (CNPC) has successfully drilled a 10 000-m ultra-deep well – TK-1 in the Tarim Basin, NW China. This pioneering project has achieved dual breakthroughs in ten-thousand-meter ultra-deep earth science research and hydrocarbon exploration while driving technological advancements in ultra-deep well drilling engineering. The successful completion of TK-1 has yielded transformative geological discoveries. For the first time in exploration history, comprehensive data including cores, well logs, fluids, temperature and pressure were obtained from 10 000-meter depths. These findings conclusively demonstrate the existence of effective source rocks, carbonate reservoirs, and producible conventional hydrocarbons at such extreme depths – fundamentally challenging established petroleum geology paradigms. The results not only confirm the enormous hydrocarbon potential of ultra-deep formations in the Tarim Basin but also identify the most promising exploration targets. From an engineering perspective, the project has established four groundbreaking technological systems: safe drilling in complex pressure systems of ultra-deep wells, optimized and fast drilling in complex and difficult-to-drill formations of ultra-deep wells, wellbore quality control under harsh conditions in ultra-deep wells, and data acquisition in ultra-deep, ultra-high-temperature complex formations. Additionally, ten key tools for ultra-deep well drilling and completion engineering were developed, enabling the successful completion of Asia’s first and the world’s second-deepest vertical well. This achievement has significantly advanced the understanding of geological conditions at depths exceeding 10 000 m and positioned China as one of the few countries with core technologies for ultra-deep well drilling.