CNOOC Limited Launches Production at Dongfang 29-1 Gas Field

CNOOC Limited, a leading oil and gas company based in Hong Kong, announced today that it has officially started production at the Dongfang 29-1 Gas Field development project. This particular field is strategically located in the Yinggehai Basin, where the average water depth is approximately 68 meters. The implementation of this project is seen as a pivotal step in boosting the energy production capabilities of the surrounding regions.

Development Overview

The Dongfang 29-1 Gas Field project employs a new unmanned wellhead platform complemented by a sophisticated submarine pipeline system. A total of six development wells are planned to be brought into operation, with projections indicating a peak production capacity of around 38 million cubic feet of natural gas per day by the year 2025. This ambitious output goal underscores CNOOC's commitment to enhancing energy supply while emphasizing efficiency and innovation in energy extraction practices.

The unmanned wellhead platform was developed using standardized and integrated construction practices. The design of the platform has been optimized to ensure maximum efficiency in the use of space, which leads to a significant reduction in project investment. With oil and gas produced from this field being directed to existing Dongfang gas field facilities through the submarine pipeline, the company aims to streamline operations and increase output reliability.

Strategic Implications

CNOOC Limited has been proactive in exploring the resource potentials of the Yinggehai-Qiongdongnan Basin over recent years. This strategic maneuver aims to make full use of existing production facilities, minimizing development costs for new projects, and ensuring a consistent energy supply.

The commissioning of the Dongfang 29-1 project is expected to considerably enhance the productive capacity of the Dongfang gas fields, which play an essential role in providing clean, reliable, and stable energy solutions for Hainan Island and the surrounding areas.

As the operator of this project, CNOOC Limited holds a 100% stake and is committed to facilitating the sustainable growth of energy production in the region. The development aligns with the company’s broader objectives of capturing market demands for cleaner energy while adhering to stringent safety and environmental standards.

Future Outlook

Looking ahead, the launch of the Dongfang 29-1 Gas Field marks an important chapter in CNOOC's ongoing efforts to bolster its natural gas production capabilities. The company remains focused on key strategies that include optimizing the utilization of technological advancements, enhancing operational efficiencies, and ensuring adherence to environmental and safety regulations.

In conclusion, CNOOC Limited's Dongfang 29-1 Gas Field development is set to play a significant role in the company's future production strategies and its ability to meet the energy demands of both local and regional economies. As production ramps up, stakeholders will be keenly observing the operational success and environmental impact of this innovative project.