Abstract: Proceeding with analysis of current oil and gas resource management system, this paper presents the specific measures on deepening internal reforms in petroleum enterprises and establishing modern enterprise systems. These measures includes: reforming current oil and gas resource management system,"getting the four authorities separated" and establishing a new state-owned resource management system, imp1imenting capitalized reserve management and establishing and perfecting property right exchange market system, setting up national petroleum company and strenthening the principal position of state - owned resource assets management, carring out strategic reorganizaion of oil enterprises and specialized internationalized group management.