CHINA China's Deep Sea No. 1 gas field reaches 2 bcm milestone

CHINA

China's Deep Sea No. 1 gas field reaches 2 bcm milestone

ECNS

09:06, June 27, 2022

Photo taken on May 12, 2021 shows the Deep Sea No.1 deep-water gas field, 150 kilometers off the city of Sanya in south China's Hainan Province. Deep Sea No.1, China's first self-operated 1,500-meter deep-water gas field, started production on Friday, according to the China National Offshore Oil Corporation (CNOOC). (Photo/Xinhua)

Photo taken on May 12, 2021 shows the Deep Sea No.1 deep-water gas field, 150 kilometers off the city of Sanya in south China's Hainan Province. Deep Sea No.1, China's first self-operated 1,500-meter deep-water gas field, started production on Friday, according to the China National Offshore Oil Corporation (CNOOC). (Photo: Xinhua)

Deep Sea No. 1, China's independently developed, ultra-deepwater gas field, has produced more than 2 billion cubic meters of natural gas by Saturday since it was put into operation one year ago, its operator China National Offshore Oil Corporation (CNOOC) said on Saturday, the Xinhua News Agency reported.

The gas field, which is located 150 kilometers from Sanya, South China's Hainan Province, was put into use on June 25, 2021. It is China's deepest marine gas field and the most difficult one to exploit with a maximum operational water depth of 1,500 meters and proven geological reserves of natural gas exceeding 100 billion cubic meters.

The field's full-year gas production is expected to reach 3 billion cubic meters in 2022, according to CNOOC.

As an important source of clean energy for the Hainan Free Trade Port and the Guangdong-Hong Kong-Macao Greater Bay Area, the gas field is of great strategic significance in guaranteeing national energy security.

CNOOC has set up a team for the Deep Sea No. 2 project using technicians previously based in the Deep Sea No. 1 gas field as the backbone to accelerate the construction of the new project, which is set to be China's first deep-water gas field for high temperature and high pressure environment, CNOOC said.

The new project will be fully integrated into the existing gas supply system, expanding the scale of deepwater gas production and increasing China's energy self-sufficiency rate.

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