Oil & gas exploration and development has been the priority of the company. The company persists in the guiding principle to explore and search for small and medium size oil and gas fields and has achieved remarkable exploration breakthroughs in China and overseas. Through its extensive efforts, the company strives to meet the ever increasing global demand for oil and gas.
Scale and Internationality
| Year | Number of producer wells drilled | Total oil and gas production (MMBOE) | Oversea oil and gas production (MMBOE) | Proved reserves (MMBOE) |
|---|---|---|---|---|
| 2013 | 312 | 8.57 | 8.57 | 325.49 |
| 2014 | 247 | 7.87 | 7.87 | 428.82 |
| 2015 | 162 | 3.15 | 3.15 | 179.32 |
| 2016-H1 | 26 | 0.35 | 0.35 |