China ready to implement newest drilling technologies in Russia

​Kerui (China) plans to enter the Russian market with the newest drilling technologies, Go Man, the head of Kerui Petroleum West Europe, said at the CIPPE 2016 workshop in Beijing.

He said that some products of the corporation for drilling works are already being shipped to Russia. The competition in the market of Russia is not that strong now. Currently there is a favorable situation to set up relationships with the Russian partners, Go Man said.

The company made a presentation of the innovation method of lateral hydraulic drilling as well as the modernized equipment for the execution of control over the drilling process – tubing head.

Kerui was reported to announce of its readiness to ship equipment for the riling of wells with the depth of up to 9 km for the needs of Russia oil companies.