PetroChina Tuha Oilfield Company (hereinafter referred to as Oilfield Company) is a large multinational and cross regional oil enterprise integrating oil and gas exploration and production, petroleum engineering technical services, mining area logistics services and other industries. The main business of the oilfield involves oil and gas exploration, development and production, oil production engineering, refining and chemical sales, downhole operation, oilfield construction, water and electricity supply, technical monitoring, machining and manufacturing, etc. In 2008, there were 20618 employees, 43.1514 million tons of newly proved oil reserves, 2 million tons of crude oil, 1.51 billion cubic meters of natural gas and 170300 tons of liquefied gas. It was rated as an advanced unit of production safety by the group company and the autonomous region. The oilfield has won the title of national greening model list, China's excellent integrity enterprise and model unit of ethnic unity in the autonomous region.
In the five years from 1999 to 2003, the joint stock company invested 6.9 billion yuan in Tuha Oilfield Branch, and the company achieved 20.74 billion yuan of sales revenue in the same period, with 15.12 billion yuan of profits, depreciation, depletion and taxes paid in. The average annual return on investment capital of the company was 14%, the average annual labor production rate per capita was 1.02 million yuan, and the average annual social contribution rate was 38% The per capita labor productivity, social contribution rate and other benefit indicators are at an advanced level among the 13 oil and gas fields of PetroChina, which has made positive contributions to the development of PetroChina and Xinjiang Uygur Autonomous Region.
Tuha Oilfield Branch has successively won the national "May Day" labor award, the national "model worker's home" and the title of "excellent enterprise in Ideological and political work" in Xinjiang Uygur Autonomous Region; General manager Cai Zhigang won the national "May Day Labor Medal", and a number of national, autonomous region and group company level advanced models and labor models emerged in the Oilfield Branch.
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