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Report by our newspaper (Zhang Xingfu, multimedia reporter for Heilongjiang Daily: Liu Nan, Zhao Jihui) As of May 11, this year, Daqing Oilfield’s Drilling Company No. 2 has completed 477 wells, with a total annual drilling depth of 665,000 meters. This is merely a microcosm of the promising start for the Daqing Oil Field, as well as the petrochemical and refining industries, during the 14th Five-Year Plan period. Since the beginning of this year, the petroleum and petrochemical enterprises in Daqing have operated steadily and with strong momentum, providing solid support for Daqing to take the lead in the transformation and development of resource-based cities across the country and ensuring **energy security. According to the latest statistics, the Daqing Oilfield produced 10.8286 million tons of oil and gas equivalents in the first quarter, an increase of 81,900 tons compared to the previous year; it thus achieved both targets of exceeding production quotas for oil and gas as well as overall profitability ； In the first quarter, Daqing Petrochemical achieved operating revenue of 12.486 billion yuan and a book profit of 1.007 billion yuan; the listed portion generated a book profit of 1.256 billion yuan, ranking first among the refining and chemical sectors under China National Petroleum Corporation in terms of performance in March ； In the first quarter, Daqing Refining & Chemicals achieved sales revenue of 6.73 billion yuan, with profits increasing by 657 million yuan compared to the previous year. Its levels of comprehensive losses, processing losses, energy consumption per unit of output, and the ratio of diesel to gasoline production ranked first among the refining and chemical units under China National Petroleum Corporation. Behind the impressive \"report card\" are solid steps taken one after another. In the first quarter of this year, the Daqing Oilfield saw successful exploration results; wells drilled in the Sartu oil layer in the western slope area, the Putihua oil layer in the southern part of the Changyuan area, the Putihua oil layer in the Sanzhao area in the eastern part of Changyuan area, and the Sartu oil layer in the Longxi area all produced high yields. The development efforts in these two regions also remained proactive, resulting in ‘double overproduction’ of oil and gas. The Daqing Petrochemical Refining Structure Adjustment and Transformation Project, as well as the Daqing Petrochemical Paraffin Production Increase Project, have been fully completed and put into operation, thereby providing the company with additional sources of profit growth. In the first quarter, Daqing Petrochemical’s crude oil processing volume increased by 522,000 tons on a year-on-year basis, generating an additional profit of 273 million yuan; 140,000 tons of gasoline were exported, which brought in an extra profit of 112 million yuan. As the foundation of its core business continues to strengthen, the company’s opportunities for external expansion keep growing. In the first quarter, Daqing Oilfield’s revenue from external markets increased by 2.47% on a year-on-year basis, while its main business revenue from domestic markets rose by 38.11%. The total profit from overseas markets increased by 50.97% year-on-year, further strengthening the development strategy that focuses on both domestic and international markets. The food-grade white oil produced by Daqing Refining and Chemical has obtained the core certification at the food and pharmacopoeia level, recognized worldwide in the fields of high-end white oil production and processing as well as its downstream applications, thus laying a solid foundation for further expanding market opportunities in high-end, high-value-added sectors. The mass mobilization rally 61 years ago launched a vigorous campaign to develop oil, marking the beginning of a new and transformative era for China’s petroleum industry. 61 years later, today, at the new Gulong shale oil battlefield located two hours’ drive from Daqing city center, \"multi-service\" forces are operating in coordination, recreating the intense and fierce atmosphere of those major oil battles. From the drilling platform to the oil wells, from the workshops to the factories and mines, across all fields and types of work within the Daqing petroleum and petrochemical industry, everyone is working toward the same goal: to deliver a strong start to the 14th Five-Year Plan period. Author: Liu Nan, Zhao Jihui. Source: Heilongjiang Daily. Content source: Guangming Web