In the first quarter of this year, petrochina Logging has been vigorously strengthening its international market development, continuously optimizing production and operation, and constantly promoting quality improvement and efficiency enhancement. As of April 14th, it has completed 729 well logging operations, 170 well perforation operations, and 187 well logging data interpretation services. The logging workload has increased by 42% compared with the first quarter of last year.
To enhance the profitability of overseas projects, China Oil Logging has seized favorable opportunities such as the rising international oil and gas prices and the recovery of market demand. It has earnestly implemented the 'Four Focuses' work requirements of the Group Company, made forward-looking plans for all the work in the Year of infrastructure construction, spared no effort to make breakthroughs in overseas markets, meticulously improved production efficiency, and promoted technological upgrading through explanation and evaluation. We have strictly and meticulously managed to enhance the intrinsic safety level, adopted measures tailored to individual talents to strengthen team building, and strived for excellence to consolidate the work foundation. As a result, we have improved a 'three-in-one' market development system featuring unified management by the company, regional coordination in overseas regions, and specific implementation in each operation area. It has also established working systems such as a special task force for overseas market development, solidified the market subject responsibilities of interpreters and operation area managers, and intensified the assessment of effective market increments. Meanwhile, four market centers supported by Dubai, Sudan, Indonesia and Central Asia have been established, with a focus on the Middle East markets such as Oman, Kuwait and Saudi Arabia. Potential African markets such as Algeria, Libya, Mozambique and Madagascar have been effectively developed. While tracking the volume of offshore business and general contracting business in the Asia-Pacific market, actively follow up on the construction project of 30 billion cubic meters of natural gas production capacity at the Turkmenistan Revival gas Field.
By building an open CNLC service platform, regular exchanges with CNODC, overseas research centers and member enterprises of CNPC Technology Service have been promoted, cooperation with the countries where the projects are located and local oil companies has been strengthened, the hotspots and pain points of exploration and development that customers are concerned about have been grasped in a timely manner, and resources from all parties have been coordinated to quickly solve market problems. We have obtained the winning letters for high-end market logging in countries such as Algeria. During the production and operation process, the company has also carefully studied and formulated the guarantee mechanism for personnel, materials and production technology under the epidemic conditions, globally dynamically coordinated resources, achieved dynamic matching of project resources and market scale, as well as dynamic matching of operation costs and operation scale, and continuously enhanced the international influence of the CNLC brand.
Facing the increasing workload, China Oil Logging Company has successively mobilized 66 logging teams in the past month to organize production in 15 countries including South Sudan, Niger, Chad, Iraq, Indonesia and Thailand. It has successfully completed 283 logging tasks and achieved the goal of safe, stable and efficient operation. (Special Correspondent Ma Yongzhong and Correspondent Jiang Zhongpeng of China Petroleum News)
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