Core Viewpoint - The company is focusing on innovation-driven approaches to enhance core technologies and resource utilization in the oil and gas exploration and development sector, thereby strengthening national energy security [2]. Group 1: Innovation in Drilling Tools - The technical team is conducting 3D modeling analysis to address structural defects in traditional drill rods, which can lead to stress concentration and leakage accidents [3]. - New high-torque drill tools have been developed, significantly improving torque resistance by over 60% compared to conventional drill rods, while also reducing drilling fluid flow resistance [3]. - The new drill tools have completed operations on 14 wells, achieving a reduction in casing pressure by 1 to 1.5 MPa per kilometer and saving over 2000 kWh of electricity per day during drilling [3]. Group 2: Enhancing Exploration Efficiency - The company has established a collaborative innovation system that integrates production, learning, research, and application, promoting seamless connections between technology development and production needs [4]. - An intelligent well control system has been developed, improving emergency response speed by over 65% through a one-click shut-in feature [4]. Group 3: Accelerating Technology Application - A closed-loop mechanism has been created to ensure that frontline needs are met through technical breakthroughs and field validation, resulting in 23 improvement suggestions, with 15 already implemented [5]. - Innovations such as a high-capacity pressure testing vehicle and a tapered rubber core gate have been developed to enhance drilling efficiency and reduce operational time by 2 to 3 hours per well [5]. Group 4: Resource Optimization - The company is implementing a dual-track development model focusing on "remanufacturing + modification" to enhance cost efficiency [6]. - Over 100 old heavy drill rod joints have been remanufactured using friction welding technology, effectively extending the service life of drilling tools [6]. - New seamless integrated structures have been developed to improve the sealing strength and impact resistance of gas discharge pipelines, reducing leakage risks [6]. Group 5: Advanced Repair Techniques - Laser cladding technology is being utilized to repair worn-out drill tools, effectively restoring their load-bearing capacity and addressing risks associated with long-term use [7]. - The company aims to become a leading provider of drilling tool technology in the industry, continuously focusing on technological innovation to bolster national energy security [7].