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Will China announce a new ultra-deepwater gas field by March 31, 2025?
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Resolution / Starting Odds
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Announcements from Chinese government agencies or major news outlets like Xinhua
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China's Deep Sea No.1 Gas Field Achieves Output of 9 Billion Cubic Meters
Oct 14, 2024, 02:55 AM
China's first independently developed and constructed ultra-deepwater gas field, Shenhai Yihao, or Deep Sea No.1, has achieved significant milestones. Since it began operations in June 2021, the gas field has recorded an accumulated natural gas output of over 9 billion cubic meters and an oil output exceeding 900,000 cubic meters. Located 150 kilometers off the coast of Sanya, Deep Sea No.1 represents a major advancement in China's energy sector, Xinhua reported today.
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Russia • 25%
India • 25%
Japan • 25%
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