China's Shenhai Yihao deep-sea gas field produced 9B cubic meters of gas since June 2021; phase II aims to boost output.

China's first independently developed ultra-deepwater gas field, Shenhai Yihao (Deep Sea No.1), has produced over 9 billion cubic meters of natural gas and 900,000 cubic meters of oil since its launch on June 25, 2021. Located off Hainan province, it operates at depths exceeding 1,500 meters. The upcoming phase II project aims to enhance output from 3 billion to 4.5 billion cubic meters annually, bolstering China's energy security with significant proven reserves.

October 13, 2024
5 Articles

Further Reading