China Petroleum Group Oriental Geophysical Exploration Co., Ltd. (hereinafter referred to as "Oriental Geophysical Company", BGP) was established on the basis of enterprise restructuring of the former Petroleum Geophysical Exploration Bureau of China Petroleum and Natural Gas Group Company. The geophysical resources of six enterprises, including Xinjiang Petroleum Administration Bureau, Changqing Petroleum Exploration Bureau, Dagang Oilfield Group Co., Ltd., Qinghai Petroleum Administration Bureau, North China Petroleum Administration Bureau and Turpan-Hami Petroleum Exploration and Development Command, were integrated and reorganized on June 6, 2002. China Petroleum and China Petroleum are the largest specialized engineering and technical service companies specializing in geophysical exploration, shouldering the sacred mission of "finding oil and gas" for the country. Geophysical exploration is the first link in the petroleum industry chain, which bears the important responsibility of exploring the mystery of underground palace and finding oil and gas resources.
The company has a registered capital of 4.7 billion yuan and is headquartered in Zhuozhou City, Hebei Province. Mainly engaged in the collection, processing and interpretation of onshore and offshore seismic exploration and comprehensive geophysical and geochemical exploration at home and abroad, as well as the research and development of technologies and equipment, product development, technology introduction and product sales related to geophysical (chemical) exploration. In 20 10, the company realized revenue of15.6 billion yuan and profit of 600 million yuan. By the end of 20 10, the company's comprehensive strength ranked third in the same industry in the world, and its land acquisition business ranked first in the world for eight consecutive years.
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