Aiming at the establishment of the shale gas development oil drilling industry alliance

On May 29, led by Sichuan Honghua Petroleum Equipment Co., Ltd., more than 40 domestic research institutes and enterprises such as Southwest Petroleum University, CNPC Chuanqing Drilling Co., Ltd. and PetroChina Southwest Oil and Gas Field Branch, aiming at shale gas development. Sichuan established Sichuan Province's strategic emerging industry oil drilling industry alliance.

The pre-cooperation of the alliance will be based on equipment manufacturing, while the latter will be planned to provide drilling services. The entities within the alliance will share the national research projects or major special projects; share the industry, intellectual property rights, industry policies and other information; the project and product needs of each entity will give priority to the alliance members.

In recent years, the demand for oil drilling equipment has developed rapidly. In 2012, the national industry realized a profit of 15.891 billion yuan, a year-on-year increase of 42.29%. With the exploitation of shale gas, the oil drilling equipment market will further expand. Through the development of the group, the alliance strives to use three to five years to make the overall sales value reach 30 billion to 50 billion yuan, making Sichuan the first and world-class oil and gas drilling equipment manufacturing and service industry important base.

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