In the first half of the year, the oil and gas production equivalent of Northwest Oilfield reached 4.79 million tons, setting a new historical high for the same period and achieving stable growth for 7 consecutive years.

Since the beginning of this year, Northwest Oilfield has focused on increasing storage, production, and efficiency, continuously increasing oil and gas exploration and development efforts, and achieving stable and positive production and operation indicators. In terms of oil and gas exploration, we will continue to promote high-quality exploration, with a focus on accelerating the implementation of high-quality crude oil reserves, fully promoting breakthroughs in natural gas, and continuously improving exploration quality and efficiency. The success rate of comprehensive exploration wells has reached a new high, with Shunbei 84 inclined well and Shunbei 10 inclined well achieving high oil and gas production. In terms of oil and gas development, we focus on projects such as efficient production in the Shunbei oil and gas field and significant improvement in oil recovery in the Tahe oilfield to further enhance production and efficiency. Currently, the daily oil and gas production in the Northwest oilfield has further increased compared to the beginning of the year, and the production and sales of oil and gas have exceeded the plan. In terms of safety and environmental protection, a dual prevention and digital intelligent control platform has been fully launched, incorporating pigging operations, safety valve disassembly and assembly, and other operations into the scope of electronic work ticket management. The application of front-end equipment video intelligent analysis technology has been piloted in 10 drilling and repair sites, enhancing the depth of the application of direct operation violation identification system.