Jereh Group (SZ002353), the leading private Chinese oil and gas equipment manufacturer and service provider, presented a speech on "Small Well Site, Great Frac Job" new concept fracturing solution at 2014 Russian Oil and Gas Summit in Moscow on September 24.
"We are convinced that for the current and future oil and gas E&P, an integrated concept is indispensable for sustainability. It is just like a circle. Only when every step we push forward is connected can we achieve the highest cost efficiency and eco-protection in oilfield management," said Nadia Zhong, G.M. of Jereh Russian branch.
Currently, there are more Chinese oil & gas players in the Russian market with some innovation. In the speech, Nadia showcased their integrated fracturing solution "Small Well Site, Great Frac Job", including a 3100hhp frac pumper, a 240bbl/min sand blender and five systems, as well as a CO2 fracturing case. Since China suffers the most complicated geology problems in the world, some concepts and innovation by Chinese players to reduce the human cost and increase investment return have model significance in Russia and other countries.
For the challenges of how to improve efficiency -- a topic concerning all investors -- the solution achieves 50% labor savings. Also inspired by the Chinese cyclical continuity philosophy in Daoism, Jereh uses the recycling of carbon in different phases for fracturing, getting more water savings and production stimulation. Moreover, regarding eco-efficiency concept as the key priority, Jereh frac flowback fluid treatment ensures "zero-discharge" for the balance between human and nature.
"Integration is a kind of mind deeply ingrained in Jereh's industry solutions," said Nadia, after the speech. With a well-established after-sales service network, as well as a spare parts warehouse in Russia, Jereh is working side by side with customers to get the job done quicker and safer.
Jereh group, headquartered in Yantai, China, is a worldwide leading company in oil & gas equipment manufacturing and services for drilling, completion, gas compression, liquefaction, fueling and oil &gas engineering services. Leveraging its strong R&D, high-quality production facilities and a global sales network, Jereh has served customers in over 60 countries.