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CNOOC Brings On-stream Dongfang 1-1 Gas Field 13-3 Block Development Project
CNOOC (00883.HK) announced that the Dongfang 1-1 Gas Field 13-3 Block Development Project has commenced production. Located in the Yinggehai Basin, this project is the first high-t...
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CNOOC Brings On-stream Dongfang 1-1 Gas Field 13-3 Block Development Project
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CNOOC (00883.HK)  -0.260 (-1.374%)    Short selling $249.29M; Ratio 18.221%   announced that the Dongfang 1-1 Gas Field 13-3 Block Development Project has commenced production. Located in the Yinggehai Basin, this project is the first high-temperature, high-pressure, low-permeability natural gas project offshore China.

With an average water depth of around 67 meters, this project features a new unmanned wellhead platform as its main production facility and utilizes the existing processing facilities of the Dongfang gas fields for development. A total of 6 development wells are planned to be commissioned.

The project is expected to achieve a peak production of around 35 million cubic feet of natural gas per day in 2026.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

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