In late May, the outstanding performance of drill bits and drilling tools in the Repu 901H well continued to attract industry attention. The drill bits and drilling tools are made by SOFE’s Kingdream Company and the well is located in the northern Tarim block of the Tarim Oilfield in Xinjiang. By using the combination of a customized 9 1/2-inch four-blade KSF fast drilling pioneer diamond drill bit and 197mm high torque and equal stress down hole motor, the crew finished drilling through the second section of the well in an integrated manner. The "one trip drilling" footage reaches 5818 meters, setting a record for the longest "one trip drilling" footage in the country and pushing the drilling cycles of the second section drilling to a new record. This achievement has been highly recognized by oilfield users and drilling construction parties, who sent thank-you letters and looked forward to further strengthening cooperation in the future.
Difficult-to-produce reserves usually exist in areas with complex geological conditions and poor reservoir properties, such as deep formation, formation with low permeability, heavy oil or containing a lot of water. In order to effectively develop and utilize these reserves, technological innovation in equipment and tools is particularly important.
SOFE’s Kingdream Company always takes high-end, intelligent, green, and service-oriented development as its direction and follows the development path known as "core technology+key manufacturing+integrated solutions". It has been continuously improving users’ experience by solving problems and creating value.
Previously, SOFE’s Kingdream Company was awarded the “National Manufacturing Single Item Champion Demonstration Enterprise” because of its outstanding performance in the market with roller cone bits. Subsequently, the company further strengthened, extended and supplemented its industrial chain to diamond bits, hybrid bits, KD Force ultra high torque down hole motors, torque impactors etc. So it can now produce the complete sets of down-hole tool strings. This is because it has the core technologies in ultra-high pressure structure, ultra-hard materials, ultra-high control ability, and ultra-high precision manufacturing ability. Kingdream Company takes users’ needs as its own responsibility, attaches importance to on-site applications, and leverages advanced technology to strengthen the research and development of core products and to make technological breakthrough. It has been providing strong support for drilling efficiency improvement, and solving a series of bottleneck problems that limited the industry development.
Kingdream Company has developed functional products such as comprehensive drilling series, directional drilling series, hard formation drilling series, core bit series, and impregnated bit series for all drilling conditions. The diamond bit size covers 3 3/4 to 26 inches to meet the needs of drilling projects. The high torque equal stress down hole motor with the characteristics of super large torque output and uniform stress distribution can handle the drilling in complex formations at ease, effectively reduce the risk of stress concentration and fatigue failure, and is more durable and reliable.
SOFE’s Kingdream Company aims to produce excellent products and provide high-quality services. By meeting market demands and providing integrated solutions, Kingdream pursues achieving mutual benefit and playing an active role in improving the drilling efficiency. It is worth mentioning that Kingdream’s R&D and marketing for different types of products are not divided or separated. Instead, the company continues to promote integrated design and supply of drill bits and drilling tools such as down hole motors and provide value-added services. Therefore, visible results have been achieved and it has been widely recognized by customers.
Kingdream also increases investment in solving engineering problems. It has established a service chain for all drilling process, and has carried out effective services. Sales personnel and technical service personnel work together on drilling sites, conducting joint tests and product selection with the customers. It provides customized services and makes every product delivery a process of product improvement and customization. Kingdream always thinks from the perspective of the users and is demand-orientated. Various marketing modes are carried out from combination sales to well section contracting and even whole well contracting, promoting the company’s transformation and upgrading from "manufacturing+sales" to "technology+management+services".
As an innovation-driven company, Kingdream is fully committed to developing, applying, and reserving new technologies in drill bits and drilling tools. When providing users with its well-known integrated solutions include “four-blade KSF fast drilling pioneer diamond drill bit+high torque and equal stress down hole motor”, it is also accelerating the application of new products and technologies to meet the practical needs of key projects and areas such as "deep ground engineering", "ten thousand meter well engineering", and "offshore drilling", making contributions to the industry.
Since last year when Kingdream launched the combination of four-blade KSF pioneer series diamond bit and high torque and equal stress down hole motor in the Tarim Basin, more than 30 records have been broken, which well demonstrated that the company has a strong technological capability and is very competitive in the market.
