The oil and gas output of Daqing Oilfield Co., Ltd. reached about 10.83 million tonnes in the first quarter of 2021, an increase of 81,900 tonnes over the same period of last year, the company said on Thursday.
Meanwhile, the external market revenue of Daqing Oilfield increased by 2.47 percent, its main business revenue in the domestic market rose by 38.11 percent, and its total profit in the overseas market surged by 50.97 percent.
Daqing Oilfield is one of China's largest oil production bases in northeastern Heilongjiang Province. Last year, the company's oil and gas output reached 43 million tonnes.
Discovered in 1959, the oilfield has made a significant contribution to China's modern petroleum industry.
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