SVES Oilfield Supply Co., Ltd. Fracturing Service Achieved a Huge Success

SVES Oilfield Supply Co., Ltd. Fracturing Service Achieved a Huge Success

SVES Oilfield Supply Co., Ltd. and other engineering subcontractors of the client completed the client's first extreme volume fracturing operation in Well X, setting three construction records for the longest single-stage equipment operation time, the largest single-stage liquid volume in a vertical well, and the largest single-day liquid volume in a vertical well in China, making new breakthroughs in the field of extreme volume fracturing technology. As of July 12, Well X has entered the stage of blowout and production.

SVES Oilfield Supply Co., Ltd.'s fracturing service aims to serve the oil field to increase reserves and production, relying on key wells and key projects, and taking the "single well safety, speed and efficiency creation" project as a carrier, continuously promotes regional and professional construction, strengthens information and standardized management, and accelerates the on-site application of automation and intelligent technology; grasps the connection and cross-operation management of various construction processes, actively allocates equipment resources, and steadily improves operating efficiency. Since the beginning of this year, SVES Oilfield Supply Co., Ltd. has completed 1,969 layers of fracturing construction, and the fracturing efficiency has increased by 12.28% year-on-year.