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China leading manufacturer of INTERNAL PLASTIC COATING drilling tools,drill pipe,HWDP,drill collar,Anti-H2S drill pipe,low temperature drill pipe, high torque tool joint, upset pipe body Successful IPO Hay:T10SDWM

On September 3rd, China leading manufacturer of INTERNAL PLASTIC COATING drilling tools,drill pipe,HWDP,drill collar,Anti-H2S drill pipe,low temperature drill pipe, high torque tool joint, upset pipe body

SDWM Equipment Technology Group was successfully listed on the Shanghai Stock Exchange.

SDWM was founded in 2007. The company mainly R&D, produces a variety of drill pipes, drill collars, joints and downhole tools for oil and natural gas; conducts non-destructive testing of oil pipes, and anti-corrosion processing of the inner and outer coatings of oil special pipes. , Natural gas, shale gas exploration, development and other drilling industries that provide drilling tool solutions.

Main products:

drill pipe, HWDP, drill collar, Anti-H2S drill pipe, low temperature drill pipe, high torque tool joint, upset pipe body, and hard-banding application, as well as NDT inspection and INTERNAL PLASTIC COATING of drilling tools and OCTG.

SDWM has established a mature sales and service network worldwide. In the domestic market, the company is a network supplier of PetroChina, Sinopec and CNOOC. Its products are distributed in major domestic oil and gas fields, especially in Sinopec’s drill pipe market with a market share of more than 60% and a supply of more than 3 million meters.

In overseas projects, SDWM's products and services are distributed in North and South America, the Middle East, Central Asia, North Africa, Southeast Asia and other oil-producing regions, with a sales share accounting for 65% of total sales. It is in cooperation with oil companies and drilling contractors in the United States, Russia, and Saudi Arabia Weatherford, Halliburton, Schlumberger, Parker Drilling, Eurasia, etc. have established close cooperation.

At the same time, the company also plans to establish 4-6 overseas branches and sales outlets in major oil-producing regions around the world in the next two years.

At present, SDWM has two drill pipe production lines with an annual output of about 50,000 tons of various types of drill pipes; at the same time, it has a heavy-weight drill pipe and drill collar production line with an annual output of 10,000.

The company's WT series of internal coatings for drill pipes, tubing and casing pipes and line pipes is a research and development project jointly developed by SDWM and German experts, breaking the foreign monopoly on Chinese high-temperature coatings and filling the domestic high-temperature coating technology gap.

In 2009, SDWM established a technology research and development center, and carried out all-round cooperation with many experts such as China University of Petroleum, Xi’an Pipe Research Institute, and Shengli Oilfield Drilling Research Institute, and developed many relevant products for land, offshore and non-standard drilling. , Thus lengthening its industrial chain, improving product quality, successively solving many problems in the oil field, and greatly reducing oil field costs.

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