Sinopec Shengli Petroleum Engineering Co., Ltd.: Leading Petroleum Engineering Service Provider with Innovative New Quality Productivity

Enterprise Scale & Operational Strength

The company has a total workforce of 24,000 employees, equipped with 229 major construction teams and more than 2,600 sets of professional engineering equipment. Its comprehensive equipment portfolio covers onshore drilling rigs, offshore drilling platforms, offshore operation platforms, workover rigs, cementing trucks (skids), fracturing trucks (skids), coiled tubing equipment and other core professional equipment.

With powerful construction capabilities, the enterprise is capable of undertaking the construction of various well types, including directional wells, horizontal wells, branch wells, and underbalanced wells. It has built a complete industrial chain centered on wellbore technology, covering integrated services from petroleum engineering design, technological research and development, and on-site construction to equipment manufacturing and reservoir operation services.

Market Layout & Development Prospects

Adhering to the vision of "building a technology-led comprehensive reservoir operation service provider", the company is committed to providing integrated exploration and development services to support Sinopec’s oil and gas reserve increase and production growth. It has formed a mature market pattern dominated by the Shengli Oilfield market, supplemented and mutually promoted by domestic external markets and overseas markets.

As the main force supporting the exploration and development of Shengli Oilfield, the company enjoys superior resource endowments and broad development space. The proven petroleum geological reserves of Shengli Oilfield reach 5.87 billion tons, while the shale oil resource volume exceeds 10.5 billion tons. Relying on abundant oil and gas resources and stable market demand, the enterprise has huge potential for sustainable development.

New Energy Layout & Industrial Transformation

Based on its industry-leading wellbore engineering advantages, the company actively promotes industrial transformation and new quality productivity development. It has successively carried out forward-looking scientific research in multiple emerging fields, including deep dry hot rock geothermal power generation, in-situ combustion power generation of deep coal, and efficient development of natural gas hydrates.

By continuously increasing the supply of clean energy and innovating the construction of new energy systems, the enterprise is accelerating the formation of a coordinated development pattern integrating traditional advantageous industries, emerging industries and future industries. It has become a pioneer in the transformation and upgrading of the domestic petroleum engineering industry.

Scientific & Technological Strength & Intelligent Upgrading

As a national high-tech enterprise, the company owns strong independent research and development capabilities and core technical advantages. It masters 100 characteristic technologies in 23 categories represented by drilling and completion engineering and special operations. Meanwhile, it has independently developed 109 "Shengli Tiangong" technical products in 53 categories, mainly including automatic pipe string equipment, which have reached industry-leading levels.

The company vigorously promotes the automation, intelligent and digital upgrading of engineering equipment, thoroughly subverting the traditional labor-intensive operation mode. It has realized full-working-condition and full-process automatic and unmanned drilling operations, leading the intelligent and high-efficiency transformation and upgrading of the global petroleum engineering industry.