Core Insights - The Changbei International Cooperation Project has produced a cumulative natural gas output of 62.5 billion cubic meters and generated sales revenue of 65.1 billion yuan, with internal profits for the Chinese side reaching 26 billion yuan, showcasing a successful model for international cooperation in China's petroleum industry [2] Project Background and Integration Effects - The project was initiated in 1999 when China National Petroleum Corporation (CNPC) signed a 30-year product-sharing contract with Shell to develop the Changbei block in the Ordos Basin, marking a significant step in China's "going out" strategy [2] - The project is located in the northern part of the Yulin gas field, characterized by low permeability, low porosity, and low abundance, serving as a key gas supply source for Beijing [2] Technological Innovation and Management Breakthroughs - The Shaanxi 141 well, known as the "meritorious well," has established a foundation for large-scale development of ancient geological natural gas, contributing to the increase in annual natural gas production in the Ordos Basin from 10 billion to 50 billion cubic meters [3] - The project has adopted an integrated geological engineering model to tackle development challenges, utilizing advanced drilling techniques and optimizing the gathering and transportation system to enhance efficiency and reduce costs [3] Excellent Operational Management - The project has implemented an advanced operational management system that integrates people, processes, facilities, and production, achieving unified scheduling, cost accounting, and operational standards [4] - The use of SAP systems for data sharing and the implementation of an intelligent control system have significantly improved efficiency and safety [4] Cultural Leadership and Future Outlook - The project has integrated HSE (Health, Safety, and Environment) culture with CNPC's management philosophy, establishing a robust safety management system and promoting safety awareness through various initiatives [4] - As a training ground for international talent and a platform for learning advanced international experiences, the project has developed a multi-level international talent pool and fostered a unique cooperative culture [5] - The successful development of the Changbei project serves as a valuable practical example for CNPC in its pursuit of becoming a world-class integrated international energy company [5]
长北:互利共赢铸就天然气项目开发典范