Oil pipes account for more than 10% of the total steel used in the petroleum industry, and are major consumables and cost items in oilfield production. Remanufacturing technology can turn waste and unused tubing into new tubing with better performance. For oilfield companies that scrap a large number of tubings every year, it contains considerable economic benefits.
According to news, the General Office of the State Council recently issued the "Notice on Printing and Distributing Strategic Action Plans for Energy Development (2014-2020)." The action plan proposes that by 2020, a relatively complete energy security guarantee system will be basically formed.
Recently, Bohai Drilling Co., Ltd. used the top-drive casing installation for the first time to run a casing test in Well No. 10 in Renping, and achieved complete success.