CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Wedoany.com Report-Dec.31, On December 30, CNOOC announced that the cumulative oil and gas equivalent production of its offshore gas field cluster around Hainan Island in 2025 has exceeded 10 million tons, reaching a record high. The output has doubled compared to the end of the 13th Five-Year Plan period. The growth in production from these offshore gas fields plays a positive role in regional energy supply.

China's history of developing offshore oil and gas resources in the waters around Hainan dates back to the last century. With the completion of gas fields such as Yacheng 13-1, the region has gradually become a significant natural gas production area. Since the start of the 14th Five-Year Plan period, CNOOC has intensified exploration and development efforts, establishing a large-scale offshore natural gas production cluster in areas including Lingshui and Dongfang. This cluster comprises 19 offshore platforms and supporting facilities.

Li Yuexi, Manager of the Production Department at CNOOC Hainan Branch, stated: "Maintaining high and stable production from existing gas fields while promoting the orderly construction and commissioning of new projects is our fundamental approach to enhancing the overall output of the gas field cluster." The production team explores economically viable extraction paths for complex offshore oil and gas reservoirs by combining in-depth optimization of existing fields with the advancement of new projects.

To achieve production targets, the company coordinates resources comprehensively and has established a natural gas production, supply, and marketing network that radiates along the southern coast of China. An intelligent dispatching system enables precise matching of supply and demand. Through continuous development, CNOOC has formed a complete industrial chain in Hainan covering exploration, development, and professional services, providing support for the development of the regional marine energy industry.

In the future, CNOOC will further leverage the advantages of its offshore gas field cluster. Building upon the already established "South China Sea Trillion Cubic Meter Gas Zone," the company will promote the creation of a new pattern for resource development and utilization, enhancing the scale and efficiency of the marine economy.