News

  • 2023-11-09

    The reporter learned from petrochina Tarim Oilfield on October 26 that the drilling depth of China's first 10,000-meter exploration well - deep Earth Tako 1 well broke through the 8,000 meters mark, reaching 8,056 meters, and fully entered the difficult formation drilling stage.The target drilling d
  • 2023-11-08

    The reporter learned from the Tarim oilfield on November 7 that as of November 7, the cumulative production of oil and gas equivalent in the Tarim oilfield exceeded 500 million tons, of which 161.37 million tons of crude oil and 424.998 billion cubic meters of natural gas.Tarim Oilfield is located i
  • 2023-11-07

    Valve ball and seat is one of key parts of subsurface sucker rod pump. Its performance directly affects the use effect and service life of sucker rod pump. Good quality will increase the oil production and reduce maintain times of pump to improve the oil well’s economic benefit.The ball and seat are
  • 2023-11-01

    Last week, the company's customer placed an order for 50 DPSB BOP boxes with specifications 1-1/2, 1500psi, 3-1/2EUE pin and 1-1/4, 1500psi, 2-7/8EUE pin. At present, the cast parts of the blowout preventer box have been arranged for production, and the relevant processes are carried out as planned,
  • 2023-10-31

    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
  • 2023-10-30

    By Oct 30,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 84.85 a barrel. decrease USD2.47 than Oct 23.2023, The drop rate is 2.83 %. The future price of crude oil from London Brent closed at USD88.63 a barrel, decrease USD2.83 than Oct 23.2023.the drop rate
  • 2023-10-26

    On October 19, the reporter learned from the release of major landmark achievements of Shengli Oilfield that Shengli Oilfield focused on long-term scale efficiency to stabilize production on production, 2023 onshore conventional oil reservoir single well production capacity increased by 10%, capacit
  • 2023-10-25

    The company's South American customer ordered a batch of seating nipple with specifications N11-20, N11-25 and N11-30. seating nipple produced by our company is made of AISI 4140 Seating nipple with a length of 12 "in strict accordance with API 11AX standards, which is very favorable and reliable fo
  • 2023-10-23

    By Oct 23,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 87.32 a barrel. decrease USD0.39 than Oct 16.2023, The drop rate is 0.44 %. The future price of crude oil from London Brent closed at USD91.46 a barrel, increase USD0.54 than Oct 16.2023.the rise rate
  • 2023-10-20

    Nepal Petroleum Corporation (NOC) has lowered the prices of petroleum products from midnight today. The NOC said in a press statement today that petrol prices were reduced by Rs 11 per litre while diesel and kerosene prices were reduced by Rs 5 per litre. According to NOC, petrol prices at Charali,
  • 2023-10-19

    Recently, in the 3,000-meter ultra-deep water block located in the Pearl River Estuary Basin, the "Offshore Oil 720" deep-water geophysical exploration ship equipped with China's self-developed Marine streamer seismic exploration and acquisition equipment "Haijing" system completed the ultra-deep wa
  • 2023-10-18

    The oil production equipment ordered by the company's customers at the beginning of September, the products include sucker rod 3/4 x 25FT, 7/8 x 25FT, DPSB stuffing box, CROSS T, rod BOP, roller Rod guide3/4 x 3-1/2, 7/8X3-1/2, sucker rod pump 30-225 RWAC 18-4, Roller Rod Guide Sucker rod wrench 3/4
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