| Donghae-1 gas field | |
|---|---|
| Country | South Korea |
| Region | East Sea |
| Offshore/onshore | offshore |
| Operator | Korea National Oil Corporation |
| Field history | |
| Discovery | 1998-07-27 |
| Start of development | 2001 |
| Start of production | 2004-11-05 |
| Production | |
| Current production of gas | 1.4×106 m3/d 50×106 cu ft/d |
| Estimated oil in place | 1.2 million barrels (~1.6×105 t) |
| Estimated gas in place | 7.1×109 m3 250×109 cu ft |
Donghae-1 gas field is located in the East Sea, about 60 kilometers from Ulsan Metropolitan City, South Korea's southern region. It was discovered in 1998 and developed by Korea National Oil Corporation. The natural gas field is operated and owned by Korea National Oil Corporation. The total proven reserves of the Donghae-1 gas field are around 250 billion cubic feet (7.1×109m³), and production is centered on 50 million cubic feet/day (1.4×106m³).[1]
Finally Donghae-1,2 Gas Field was end of Production on December 31, 2021, due to rapid depletion.