Core Insights - The company has achieved significant operational success in offshore drilling, completing 39 wells and reaching a drilling depth of 85,585 meters, which is an increase of 44,300 meters year-on-year, marking the best performance in a decade [1] - The company has implemented integrated offshore operations, focusing on optimizing resource allocation and enhancing production efficiency through innovation and lean management [1][2] - A collaborative mechanism has been established with downhole operation companies to ensure seamless transitions between various operational stages, enhancing overall efficiency and quality [1][2] Operational Efficiency - The company has developed a well-positioning early warning mechanism to improve well planning and steadily release workload [2] - A comprehensive production operation guarantee mechanism has been put in place, enhancing operational quality and efficiency by integrating all stages of well operation [2] - The average mechanical drilling speed has increased by 25.64% year-on-year, while the drilling cycle has been shortened by 25.42% due to the implementation of new tools and standardized drilling models [2]