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About us
major achievements
operating statistics
Operation summary
Overseas E&P
Domestic E&P
Petroleum stockpiling
financial information
 
home > Investor Relations> operating statistics > Domestic E&P
Domestic E&P
 
    2019 2020 %
Change
Financials Revenues 116 58 50%
 

Gross profit

83 22 27%
Operations

Production (mmboe)

2.03 1.45 71%

-Oil

0.15 0.10 67%
-Gas 1.87 1.35 72%

Reserve (mmboe)

3.96 1.23 31%

-Oil

0.27 0.07 26%

-Gas

3.69 1.16 31%
 
Key facts and KNOC strategies
Exploring the Korean continental shelf was the key role for KNOC when it was established by the government.
Since the 1980s, KNOC has drilled 48 wells within the territorial waters to explore possible oil and gas reserves.
The corporation successfully discovered gas in Donghae in 1998 and 2003.
Donghae-1 became the first domestic porduction field on July 2004.
The corporation successfully started production from Donghae-2 field on July 2016.
Donghae-1,2 gas field was end of production on December 31, 2021.
KNOC continues domestic exploration
 
Domestic E & P wells

Block

Area (㎢)

Exploration
wells

Production
wells

1, 1-2, 1-3

35,306 1 -

2, 2-2

39,869 5 -

3

41,620 - -

4

43,195 1 -
5 44,529 4 -
6-1(C, E, S) 6,540 24 5
6-1N, 8 12,560 2 -
6-2 11,939 3 -
7 69,662 - -
Subtotal 307,518 41
JDZ 82,557 7 -
Total 48 5
 
Department Contacts Updated
Updated : 2022-06-30 Department : E&P - Domestic Business Dept. Contacts : +82)52-216-3125
Department Contacts Updated
Updated : 2022-06-30 Department : E&P - Domestic Business Dept. Contacts : +82)52-216-3109

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