Mei Ri Jing Ji Xin Wen·2025-12-25 15:58Group 1 - The core viewpoint of the report is that Guosen Securities has given China National Offshore Oil Corporation (CNOOC) an "outperform" rating based on several positive developments in its operations [1] Group 2 - The Weizhou 11-4 oilfield adjustment and surrounding area development project has commenced production, reaching a peak output of 16,900 barrels per day [1] - The Xijiang oilfield group 24 area development project has also started production, achieving a peak output of 18,000 barrels per day [1] - A significant oilfield discovery of 1 billion tons has been made in the shallow layers of the Bohai Sea, specifically at the Qinhuangdao 29-6 site, which strengthens the resource base for increased reserves and production [1] - The Bohai oilfield is projected to exceed an annual oil and gas equivalent production of 40 million tons by 2025, providing solid support for national energy security [1]