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CNOOC Ltd Announces the Startup of Phase¢̣of DF 1-1 Gas Field

Source: www.gulfoilandgas.com 5/4/2006, Location: Asia

CNOOC Limited announced that Phase¢̣of Dong Fang (DF) 1-1 Gas Field has come on stream successfully. DF1-1 gas field is producing 187 million cubic feet of natural gas per day currently, among which 35 million cubic feet of natural gas are produced from 3 wells of the Phase ¢̣. DF 1-1 gas field is located in Yinggehai Basin of Bei Bu Gulf in Western South China Sea, about 110 kilometers of Dong Fang City in Hainan Province. The average water depth of the field ranges from 63 to 70 meters.

The development facilities in Phase¢̣of DF 1-1 gas field include: two unmanned wellhead platforms, 16 wells, 2 sub-sea pipelines and 2 sub-sea cables. The natural gas produced will mainly be supplied to a methanol project in Hainan. The peak production capacity of the Phase¢̣ is designed at 111 million cubic feet of natural gas per day. With full-scale production, the total capacity of DF1-1 gas field will reach 98.0 billion cubic feet of natural gas per year.

CNOOC Ltd holds 100% interest of DF1-1 gas field and acts as the operator.

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