Core Viewpoint - China National Petroleum Corporation (CNPC) has made significant progress in the market-oriented reform of data elements through its Xinjiang oilfield, successfully launching two core data products on a national data trading platform [1] Group 1: Company Developments - The Xinjiang oilfield has developed two major data products: "Xinjiang Oilfield Ground Facilities Consulting Service" and "Xinjiang Oilfield Regional Resource Consulting Service" [1] - These data products took one year to develop and have now received data asset registration certificates [1] - The first transaction of these data products has been completed, marking a successful transition from data resources to data assets [1] Group 2: Industry Implications - This breakthrough opens new avenues for energy companies in transforming data value, indicating a shift towards recognizing data as a valuable asset in the energy sector [1]