As of February 10, the success rate of exploration wells in Yumen Oilfield increased by 50% over the same period of last year, and the total cost of drilling was reduced by 10%. Outburst benefits of oilfield development and evaluation of the effectiveness of measures were realized. The cost and expense were reduced by 7% Lower by 2.14 units.
  Adhere to the "stable old areas, the development of new areas", crude oil production weighs one million tons. Refinement of Jiuquan Basin strive to make new progress, new discoveries and new breakthroughs, tamping up the resource base of stable oil production and realizing the development of benefits; Huanqing block in accordance with the "overall deployment, step by step, rolling construction" train of thought, 3 years Completed pre-exploration, 4 years to complete the evaluation, 3 years to build 300,000 tons, 5 years to build 500,000 tons of production capacity and stable production.
  While making breakthroughs in exploration and development, the Company continued to promote the transformation and upgrading of the refining and chemical industry, gradually supported the deep processing of industrial chains, increased production of special products and high-end products, and built the refinery of Yumen refinery into a boutique with high profitability. The profitability continued to improve, Benefit to support full play. Refining and Chemical Plant to do a good job VI quality upgrading work to speed up the implementation of 1 million tons / year of heavy oil catalytic cracking unit energy efficiency and transformation, 100,000 tons / year high-end low condensing special oil base and high-end petroleum coke production base project.
  After the two main businesses of exploration and development and refining and chemical industry are completed, the oilfield construction units will stick to the direction of specialization, marketization and integration and promote the engineering and technical services to pay more attention to the transformation of technological innovation and promote the transformation from low-end business to high-end business Change, from low value-added business to high value-added business transformation.
  In the construction of 10 million tons of oilfields and supporting improvement, the oilfield has continued its transformation from human resources support to full support and built the project into a " Sophisticated management, advanced technology, first-class team, safe and efficient, "the co-brand.