Core Insights - The Bohai Drilling Company has achieved a significant milestone by reaching an annual drilling footage of 500,381 meters, marking a year-on-year increase of 17.3% [1] Group 1: Production Organization - The company has implemented a collaborative production organization model, enhancing coordination and efficiency across various operational stages [1] - A "list management" approach has been adopted to streamline operations, ensuring safety and efficiency in challenging environments [1] - The company has successfully relocated drilling rigs and commenced operations in a record time of 8.2 days for the North Xinjiang Mahu shale oil project [1] Group 2: Technical Efficiency - The company has improved average drilling speed by 8.9% and monthly speed by 7.04% in the first four months of the year [2] - A record drilling cycle of 26.36 days was achieved for the Guanyey 8-1-2H well, representing a 52% improvement year-on-year [2] - The company has focused on technical management and operational monitoring to enhance drilling efficiency in complex geological formations [2] Group 3: Safety Production - The company has emphasized safety training and monitoring, conducting 62 training sessions for 908 personnel to enhance safety skills [3] - A proactive approach to risk management has been adopted, with the implementation of safety monitoring systems that identified 156 issues across various operations [3] - Continuous reflection and discussion on safety practices have been encouraged to strengthen well control awareness and skills [3] Group 4: Specific Achievements - The Bohai Drilling Company’s 50292 drilling team has set a new daily drilling record of 1,766 meters in the South Port block [4] - The company has utilized integrated geological engineering advantages to optimize drilling parameters and enhance operational efficiency [4] - Strict adherence to design requirements and efficient production organization have significantly improved drilling performance in challenging geological conditions [4]