The company consists of ten functional departments, an exploration and development technology research department, Yacheng Operation Company, Wenchang Operation Company, Dongfang Gas Field Operation Area, Weizhou Oilfield Operation Area, Wenchang 19- 1 Oilfield Group Operation Area, and three joint management committees, including Hachi Contract Area Joint Management Committee, Dan Wen Joint Management Committee and BG Joint Management Committee. The company has an energetic and enterprising high-quality management team and staff, with an average age of 36, 96% of whom have a bachelor's degree.
The western South China Sea is rich in oil and natural gas resources and has great development potential, with an effective exploration area of 654.38+600,000 square kilometers. After more than 20 years of development, the company has discovered 27 oil and gas fields and 33 oil-bearing structures in the western South China Sea. At present, five oil fields and two gas fields have been put into production, which is the most important natural gas producing area of offshore oil in China. Among them, Yacheng 13- 1 gas field and Dongfang 1- 1 gas field are the largest cooperative and self-operated natural gas fields in China.
According to the strategic objectives set by the Head Office and the implemented reserves, Zhanjiang Branch has set the grand development goal of the 11th Five-Year Plan. In the next few years, the number of oil and gas fields put into production will increase from the current 10 to about 30, and the oil and gas output will increase by more than 80% on the basis of 2006, reaching150,000 cubic meters.