Core Viewpoint - The successful drilling of Kuwait's first offshore Jurassic "wildcat well" by CNOOC Services using the "Oriental Dragon" platform marks a significant technical achievement and strengthens the company's reputation in the Middle East market [1][4]. Group 1: Technical Achievements - The "Oriental Dragon" platform successfully penetrated the challenging "Gothnia" formation, which is characterized by irregular distributions of hard gypsum and salt rocks, requiring high technical safety standards for oil and gas exploration [4]. - The team developed seven special operational guidelines and documents to ensure precise planning and monitoring of various aspects such as blowout preventers, drilling mud, and well control [4]. - The drilling operation was completed in ten days, establishing a foundation for future deep-sea oil and gas resource development in Kuwait [4]. Group 2: Industry Impact - The successful completion of the wildcat well drilling task is seen as a key breakthrough for CNOOC Services in the Kuwaiti drilling market, contributing to the accumulation of "Chinese experience" in complex well construction globally [5]. - The Kuwait National Petroleum Company expressed gratitude in a letter, highlighting the technical breakthroughs achieved and the importance of teamwork and collaboration in completing this historically significant task [4].

Core Viewpoint - Recent fluctuations in international oil prices have drawn attention to oil service stocks, particularly Hai Tian (02883), which is currently trading at 7.1 HKD, up 3.05%. The stock is at a critical point in a triangular consolidation pattern, indicating a potential directional choice in the short term [1]. Technical Analysis - The stock price of Hai Tian is hovering around the MA10 and MA30 at 6.84 HKD, with MA60 at 7.00 HKD acting as resistance. Despite an overall "sell" signal with a strength of 8, several leading indicators suggest a potential turnaround. The RSI is at 53, indicating a neutral zone, while the stochastic oscillator has issued a buy signal, particularly the momentum oscillator indicating oversold conditions that may lead to a bottom formation [2]. - Key support levels are at 6.74 HKD (first support) and 6.54 HKD (second support), while resistance levels are at 7.14 HKD (first resistance) and 7.34 HKD (second resistance) [2]. Market Environment - Major securities firms, such as Everbright Securities, have reported that in the context of increasing external uncertainties and significant oil price fluctuations, the "Big Three" oil companies (China National Petroleum, Sinopec, and CNOOC) will continue to enhance their production capacity. Their respective oil and gas equivalent production plans for 2025 are projected to grow by 1.6%, 1.5%, and 5.9% [1]. - The ongoing efforts to increase output while reducing costs are expected to highlight the long-term investment value of these companies, with market speculation suggesting that Hai Tian's stock price could rise above 8 HKD [1]. Derivative Opportunities - In the warrant market, although there are relatively few options for Hai Tian, the implied volatility tends to increase explosively when market movements occur. Investors optimistic about the recovery of the oil service sector may consider out-of-the-money call options, such as the Macquarie call option 26675 and the JPMorgan call option 15278, both with a strike price of 8.8 HKD and premiums around 27%, with implied volatilities of 53% and 51% respectively [4].

Core Viewpoint - The combustible ice concept has seen a significant increase of 4.06%, leading the sector in gains, with notable stocks reaching their daily limit up [1][2]. Group 1: Market Performance - The combustible ice sector had 10 stocks rising, with Shihua Oil Service, ShenKong Co., and Shihua Machinery hitting the daily limit up [1]. - The top gainers in the sector included Shihua Oil Service (up 16.80%), ShenKong Co. (up 6.33%), and Shihua Machinery (up 3.21%) [1]. - Conversely, the biggest losers included Times Electric (down 3.11%), Guangzhou Development (down 0.71%), and Nanjing Steel (down 0.58%) [1]. Group 2: Capital Flow - The combustible ice sector attracted a net inflow of 127 million yuan, with six stocks receiving significant capital inflows [2]. - The leading stock in terms of net capital inflow was Shihua Oil Service, which saw an inflow of 143 million yuan, followed by ShenKong Co. (77.70 million yuan), China National Offshore Oil Corporation (44.68 million yuan), and Shihua Machinery (41.09 million yuan) [2][3]. - The net inflow ratios for ShenKong Co., Shihua Machinery, and Shihua Oil Service were 68.34%, 62.00%, and 9.63%, respectively [3].

Group 1 - Oil stocks are performing actively against the market trend, with CNOOC Services (02883.HK) rising by 3.05% to HKD 7.1 [1] - Shanghai Petrochemical (00338.HK) increased by 2.94% to HKD 1.4 [1] - PetroChina (00857.HK) saw a rise of 1.15% to HKD 7.89 [1] - CNOOC (00883.HK) gained 1.04%, reaching HKD 19.52 [1]

Core Insights - The oil and gas service sector in the A-share market has shown strong performance, with several stocks experiencing significant gains [1] Stock Performance Summary - 德石股份 (De Shi Co., Ltd.) increased by 16.21%, with a total market capitalization of 44.84 billion and a year-to-date increase of 115.10% [2] - 科力股份 (Ke Li Co., Ltd.) rose by 10.18%, with a market cap of 34.22 billion and a year-to-date increase of 64.96% [2] - 贝肯能源 (Bei Ken Energy) saw a 10.01% increase, with a market cap of 24.96 billion and a year-to-date increase of 45.80% [2] - 石化油服 (Petrochemical Oil Service) gained 10.00%, with a market cap of 480 billion and a year-to-date increase of 24.02% [2] - 神开股份 (Shen Kai Co., Ltd.) increased by 9.99%, with a market cap of 44.87 billion and a year-to-date increase of 132.64% [2] - 石化机械 (Petrochemical Machinery) rose by 9.97%, with a market cap of 81.16 billion and a year-to-date increase of 23.04% [2] - 山东墨龙 (Shandong Mo Long) increased by 9.95%, with a market cap of 67.90 billion and a year-to-date increase of 206.12% [2] - 惠博普 (Hui Bo Pu) saw a 9.94% increase, with a market cap of 51.61 billion and a year-to-date increase of 54.18% [2] - 潜能恒信 (Qian Neng Heng Xin) rose by 9.85%, with a market cap of 73.89 billion and a year-to-date increase of 80.39% [2] - 准油股份 (Zhun You Co., Ltd.) increased by 8.48%, with a market cap of 25.47 billion and a year-to-date increase of 97.16% [2] - 通源石油 (Tong Yuan Petroleum) rose by 5.80%, with a market cap of 39.72 billion and a year-to-date increase of 58.45% [2] - 中海油服 (CNOOC Services) increased by 4.00%, with a market cap of 695 billion and a year-to-date decrease of 2.90% [2] - 海默科技 (Hai Mo Technology) rose by 3.85%, with a market cap of 50.87 billion and a year-to-date increase of 85.32% [2] - 中曼石油 (Zhong Man Petroleum) increased by 3.57%, with a market cap of 96.63 billion and a year-to-date increase of 9.62% [2] - 新锦动力 (Xin Jin Power) rose by 3.19%, with a market cap of 38.98 billion and a year-to-date increase of 78.28% [2]

Core Viewpoint - Shandong Molong's stock price increased by over 5%, marking its fourth consecutive day of gains with two limit-up sessions [1] - Sinopec Oilfield Service's stock rose by more than 3%, while CNOOC Oilfield Services saw an increase of over 1% [1] Company Performance - Shandong Molong recorded a significant rise in its A-share market performance, achieving a notable increase over four days [1] - Sinopec Oilfield Service and CNOOC Oilfield Services also experienced positive stock movements, indicating a favorable trend in the oil service sector [1]

（文章来源：每日经济新闻） 每经AI快讯，10月22日，可燃冰板块延续强势，石化油服、神开股份涨停，德石股份涨超15%，中海油 服、潜能恒信等跟涨。 ...

据悉，本井地层岩性主要以灰岩与致密灰岩为主，可钻性差，同时存在易垮塌，易漏失等地质特点；此外，作业中高扭矩，高强度震动，也对"璇玑"系统提 出了不小的挑战。 图为10月16日中海油服员工在伊拉克米桑油田的维保车间内进行设备动员前的联调测试 在本次作业中，"璇玑"系统无故障稳定运行的表现也赢得了伊方的高度认可和赞赏。据悉，该系统于2020年引进伊拉克油田开发作业。 （文章来源：新华财经） 新华财经巴格达10月21日电（记者李军、阳志刚）近日，中海油服自主研发的"璇玑"地质循轨旋转导向钻探系统（以下简称"璇玑"系统）在伊拉克米桑油田 一次作业项目中钻穿17套岩性复杂的地层，实现单趟钻进尺1056米，创造伊拉克米桑油田单趟钻进尺作业新记录。 ...

（文章来源：每日经济新闻） 每经AI快讯，10月21日，可燃冰板块多股高开，德石股份逼近20C%涨停，神开股份、石化机械竞价涨 停，中海油服、潜能恒信等跟涨。 ...

Group 1 - The combustible ice concept sector rose by 3.86%, ranking second among concept sectors, with 10 stocks increasing, including DeSheng Co., which hit the daily limit, and ShenKong Co. and Petrochemical Machinery also reaching the limit [1] - Leading stocks in the combustible ice sector included QianNeng HengXin, HaiMo Technology, and XinJin Power, which rose by 3.63%, 3.57%, and 2.21% respectively [1] - The stocks with the largest declines included NanSteel Co., Guangzhou Development, and China International Marine Containers, which fell by 0.58%, 0.14%, and 0.12% respectively [1] Group 2 - The combustible ice sector saw a net inflow of 305 million yuan from main funds today, with six stocks receiving net inflows, and five stocks exceeding 10 million yuan in net inflow [2] - ShenKong Co. led the net inflow with 161 million yuan, followed by China Petroleum & Chemical Corporation, Petrochemical Machinery, and DeSheng Co. with net inflows of 65.33 million yuan, 51.01 million yuan, and 42.43 million yuan respectively [2] - The net inflow ratios for ShenKong Co., Petrochemical Machinery, and DeSheng Co. were 44.51%, 24.72%, and 17.80% respectively [3] Group 3 - The top stocks in the combustible ice sector based on net inflow included ShenKong Co. with a daily increase of 10.04% and a turnover rate of 10.98%, followed by Petrochemical Machinery with a 10.03% increase and a turnover rate of 3.25% [3] - Other notable stocks included China Petroleum & Chemical Corporation, which increased by 1.11% with a turnover rate of 0.15%, and DeSheng Co., which increased by 19.98% with a turnover rate of 8.25% [3] - Stocks with declines included NanSteel Co. with a decrease of 0.58% and a turnover rate of 0.50%, and Guangzhou Development with a decrease of 0.14% and a turnover rate of 0.76% [4]