By Dec 4,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 73.62 a barrel. decrease USD1.57 than Nov 27.2023, The drop rate is 2.09 %. The future price of crude oil from London Brent closed at USD78.32 a barrel, decrease USD1.79 than Nov 27.2023.the drop rate

Saudi Arabia has extended voluntary oil production cuts from July until the end of the first quarter of 2024, the Saudi Press Agency reported, citing an official source at Saudi Arabia's energy ministry."According to an agreement signed with some OPEC+ members, Saudi Arabia will extend the voluntary

As of November 24, Tarim Oilfield has produced 6.865 million tons of crude oil and 29.04 billion cubic meters of natural gas this year, and its oil and gas output equivalent has reached 30.04 million tons, exceeding 30 million tons six days ahead of 2022, and once again breaking the record of achiev

The company's South American customer ordered a batch of tubing anchors in May, and customer feedback that the product was simple in use, reliable in anchoring, and much cheaper than products from some countries. Last week, the customer ordered 40 tubing anchors again, with specifications of 2-7/8 x

The spray welding polished rod adopts the sucker rod pump plunger manufacturing process, and sprays the alloy powder on the surface of the rod body to improve the surface hardness of the rod body and enhance the wear resistance and corrosion resistance of the rod body. The service life of polished r

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A recent Reuters survey showed that in October, Opec crude oil production has increased for the third consecutive month. The analysis points out that the main reason is the increase in crude oil production in Nigeria and Angola. In October, Opec crude oil production was 27.9 million barrels per day,

As of November 15, the cumulative production of SAGD in the Fengcheng Oilfield area of Xinjiang Oilfield Company exceeded 9 million tons of crude oil, and the oil-vapor ratio in the production stage was 0.18, entering a new stage of efficient development.In 2008, the company started to set up the fi

The company's customers order sucker rod crossover, 5/8 pin x 3/4 box, 1-1/4 stuffing box packing, 3/4 x 3-1/2, 7/8 x 3-1/2 centralizer, 7/8 3/4 rod T collar and other products. At present, the product has been arranged for production and will be delivered to customers on schedule.

Float collar and float shoe are conventional necessary accessories of casing string substructure, usually connected in the bottom of casing string, used to guide the casing string smoothly into the well, to prevent cement back flow and create pressure then cement solidification after Realizing press

By Nov 20,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 76.16 a barrel. decrease USD0.44 than Nov 13.2023, The drop rate is 0.57 %. The future price of crude oil from London Brent closed at USD80.71 a barrel, increase USD 0.15 than Nov 13.2023.the rise rat

The Organization of the Petroleum Exporting Countries (Opec) released its monthly oil market report on the 13th, slightly raising its forecast for global oil demand this year, saying that the fundamentals of the oil market remain strong.In the report, Opec forecast that based on the momentum of glob