Shengli Oilfield is an important petroleum industrial base in eastern China and the second largest oilfield in China. It is located in the Yellow River Delta on the coast of Bohai Sea. It has superior geographical location, perfect infrastructure and convenient transportationSheng and communication are developed, and the economy is in the Bohai economic circle and the Yellow River BasinIt plays a great role in winning and leading. Shengli Oilfield is subordinate to Sinopec Group, which is mainly engaged in oil and gas productionShengdai is a super large state-owned enterprise with complete professional categories, integrating exploration, development, construction operation, logistics auxiliary production, diversified operation and socialized services. In May 2000, the main part of its oil and gas exploration and development was restructured into Sinopec Shengli Oilfield Co., Ltd., and the surviving part was Shengli Petroleum AdministrationWin, take,. After 40 years of development and construction, Shengli Oilfield has successively discovered 69 oilfields, with the maximum annual output of crude oil reaching 33.5519 million tons. By 2003, 799 million tons of crude oil had been produced. In 2003, it produced 26.6551 million tons of crude oil and 810 million cubic meters of natural gas.