CNOOC provides a solid foundation for winter supply

Sinochem News Network News on December 20, CNOOC announced that the daily natural gas production of its subsidiary China United Coalbed Methane Co.
, Ltd.
exceeded 14 million cubic meters for the first time, an increase of 40% over the same period last year, and the growth rate ranked first among coal-bed methane companies in the country.
The production of unconventional natural gas in the Qinshui Basin and the eastern margin of the Ordos Basin has continuously achieved new breakthroughs, ensuring a solid “gas” for winter supply
.

In 2021, China United will focus on increasing reserves and production, increase scientific research and development, and establish an excellent and fast drilling technology system.
The exploration and development results have been greatly improved, the drilling speed and efficiency have been improved, the completion quality and production have been improved, and the daily efficiency of coalbed methane drilling has been compared with the same period last year.
Increased by 51%, the average mechanical drilling speed of tight gas increased by 15% year-on-year.
More than 640 wells were put into production throughout the year, 3 new stations were built, and 3 stations were rebuilt and expanded
.

Luo Yong, chairman of China United, said that with continuous breakthroughs in production, China United will continue to promote pipeline interconnection and continuously improve natural gas transmission capabilities
.