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Will Deep Sea No.1 report oil output over 1 million cubic meters by June 30, 2025?
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Official production reports from Xinhua or China's Ministry of Natural Resources
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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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