Daqing Oilfield's Three Core Businesses Report Strong Performance Across the Board

Deep News
03/30

Since the beginning of the year, Daqing Oilfield has seen simultaneous progress in its three core business segments. The oilfield has cumulatively produced 4.6305 million tons of crude oil, 1.146 billion cubic meters of natural gas, and generated 230 million kilowatt-hours of electricity from new energy sources, achieving a strong start to the year with impressive results.

Crude oil production has remained stable with signs of growth. In January, the daily crude oil output increased by more than 1,500 tons, successfully achieving a high starting point for production in 2026 and laying a solid foundation for meeting the annual production target.

The natural gas business, focusing on supply security, safety, and efficiency improvement, has produced a total of 2.211 billion cubic meters of natural gas and sold 1.408 billion cubic meters since the supply guarantee initiative began in November 2025.

The new energy sector has demonstrated strong growth momentum, showing accelerated development. In the first month, electricity generation from new energy sources exceeded 100 million kilowatt-hours, representing a year-on-year increase of 87.34%. To ensure efficient and stable production in the new energy sector, Daqing Oilfield has implemented multiple measures to strengthen the foundation of production operations. As of now, the historical cumulative electricity generation from new energy sources at Daqing Oilfield has reached 2.59 billion kilowatt-hours.

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