DONGYING, China - Tuesday, July 21st 2015 [ME NewsWire]
(BUSINESS WIRE)-- Kerui Group, the world's second largest oil and gas player, which is capable of providing Lateral Jetting services, recently leveraged its unique technologies and extensive experiences to impress its client in Trinidad and Tobago, the challenges we met are the
unconsolidated sandstones formation, easy-to-collapse lateral holes and easily created cavities, with its highly efficient and responsive operations. So far Kerui Group has completed stimulation of five wells with an average field capability increment of 300%, one of which has seen its field capability jump from 11 barrels daily to 46 barrels. The result exceeded the expectation of the client and set Kerui Group as a leading Lateral Jetting technology and service provider in the local market.
According to Liu Haiyan, Executive Director of Kerui Houston Technology Center Inc., Kerui Group is the world's second company that boasts an integrated capability of developing and manufacturing Lateral Jetting equipment and downhole tools and providing Lateral Jetting services, and with this integrated capability Kerui Group gained orders at the initial stage in the face of strong global competitors. In terms of technology services, Kerui Group has a complete set of laboratory techniques and holds 9 Lateral Jetting patents including the world's first rotating nozzle and supporting downhole tools. Meanwhile, in lack of the underground information and knowledge of the core conditions, Kerui Group dispatched experienced geologists and oil reservoir experts to provide integrated technical support and oil and gas development as a value-added service. In terms of equipment, developed by Kerui Group’s world-class expert team and manufactured in Houston, the equipment represents the highest quality standard of its kind in the United States. Its advantages lie in the state-of-the-art control and data collection system, IT and smart control.
In addition to the high quality technical services and high-end equipment, Kerui Group also boasts an extensive marketing network worldwide, with 57 sales, after-sales and service branches in the Asia-Pacific Region, the Americas, Africa, the Middle East and Russia. These branches, as Kerui Group’s operation bastions around the world, add a unique differential advantage to its businesses, including the expansion of the Lateral Jetting services.
Lateral Jetting services with its superb technology, low operating costs and extraordinary yield increment hold great potential in the global market, especially in countries and regions like Russia, Canada, the Middle East and South America. The successful delivery of Lateral Jetting services in Trinidad and Tobago once again proved Kerui Group's position as a global leader in the field of integrated solutions for global oilfields, which is bound to accelerate its development in the local market and South America.
For more information about Kerui Petroleum, follow us at twitter.com/KeruiPetroleum and facebook.com/keruipetroleum
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