Oil production

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  • 2022-11-25

    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

  • 2022-11-17

    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

  • 2022-11-16

    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

  • 2022-11-08

    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

  • 2022-11-01

    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

  • 2022-10-31

    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%.

  • 2022-10-27

    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

  • 2022-10-26

    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

  • 2022-10-21

    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

  • 2022-10-17

    By Oct 17,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD86.24 a barrel. drop $5.85 than Oct 10.2022, the drop rate is 6.4%. The future price of crude oil from London Brent closed at $92.32 a barrel, dropped $5.04 than Oct 10.2022.the drop rate is 5.2%.

  • 2022-10-13

    As of October 9, THE accumulative OIL AND GAS production OF Fuman Oilfield of Tarim Oilfield Company of PETROCHINA, the largest ultra-deep oil field in China located in the hinterland of Taklimakan Desert, exceeded 10 million tons, including 8.6796 million tons of crude oil and 1.668 billion cubic m

  • 2022-10-09

    Opec +'s decision this week to cut the alliance's total oil production target by 2 million barrels per day (BPD) won't help the already uncertain outlook for oil supplies and oil trade flows, refiners and traders told Bloomberg.Earlier this week, OPEC+ announced its biggest collective production cut

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