The U.S. Energy Information Administration (EIA) recently raised its forecast for U.S. crude oil production this year to 13.19 million barrels per day, up 260,000 barrels per day from last year and up from its previous forecast of 170,000 barrels per day.The U.S. Energy Information Administration sa

By Sep 11,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 86.90 a barrel. increase USD1.22 than Sep 4.2023, The rise rate is 1.42 %. The future price of crude oil from London Brent closed at USD90.32 a barrel, increase USD1.71 than Sep 4.2023.the rise rate i

By 22:00 on December 31, 2022, the annual oil and gas equivalent production of petrochina Changqing Oilfield, the largest oil and gas field in China, exceeded 65 million tons and reached 6,5015,500 tons, creating the highest annual oil and gas output record in domestic oil and gas fields. This is an

Iraq aims to increase oil production to about 7 million barrels per day (BPD) in 2027, state oil distributor SOMO Alaa Alyasri told Reuters.Iraq is currently producing nearly 5 million barrels per day of crude oil, but produced 4.651 million barrels per day in October, according to SOMO. This is in

China National Petroleum Corporation (CNPC) announced on November 10 that the first exploration well of the cooperation between petrochina and Petrobras (Petrobras) in Brazil, located in the Alam deepwater exploration block in the Santos Basin, has been successfully tested.According to petrochina's

The production of stainless steel pump accessories which ordered by our South American customer have been completed. The parts ordered by the customer this time are valve cage, API code is C14-25, C14-20-125, C4-20, C12-125, C13-125. The raw material for this batch of valve cage is 3Cr13 stainless steel, which has th

The sucker rod coupling have the same box thread size in each end are used for connecting sucker rod and/or pony rod, and/or sinker bars with sucker rod threads.Specification: 5/8”, 3/4”, 7/8”, 1”, 1-1/8Class: T, SM (Spraying Metal)Standard: API 11B

The polished rods are used to connect sucker rod and pump unite.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 corr

By Oct 31,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD87.25 a barrel. increase $1.01 than Oct 24.2022, the rise rate is 1.18%. The future price of crude oil from London Brent closed at $92.98 a barrel, dropped $0.76 than Oct 24.2022.the drop rate is 0.8%.

According to foreign media news: local time on October 24, Azerbaijani President Ilham Aliyev said that Azerbaijan plans to resume the Baku-Supsa oil pipeline operation.Aliyev said the resumption of the pipeline could bring Caspian oil from the Sangachal terminal near Baku to the Georgian port of Su

Southeast Asia customer purchasing our company's production equipment, products include 3/4 x25ft, 7/8 x25ft of sucker rod and nipple, 25-125 RHAM, 25-150 RHAM, 30-175 RHAM sucker rod pump, DPSB stuffing box, wheeled sucker rod centralizer, Twist On sucker rod centralizer, T-class sucker rod couplin

Norway's crude oil and natural gas output fell in September from a month earlier, according to preliminary data released by the Norwegian Petroleum Council (NPD) on Thursday, missing official expectations.Crude oil production fell to 1.64 million BPD in September from 1.78 million BPD in August and