By the end of May 2023, CNPC XDEC (Xibu Drilling Engineering Company Ltd.) headquartered in Urumqi has 16, 000 employees, 16, 000 sets of various large-scale engineering and technical equipment(Including 326 Drilling Rigs), more than 1, 000 engineering and technical service teams, and more than 3.2 billion USD total assets. China 1st 10000m+ Exploration well Spud in@May 30th, 2023. CNPC XDEC undertakes the well for CNPC Tarim Oilfield in Xin Jiang. Well Name: Shendi Tako 1 Well; Rig Name: XDEC 120001 Rig; Well Depth:11000m; Well Type: Exploration.
The Company mainly develops engineering and technical services such as drilling, cementing, mud logging, fracturing, and oil testing. It also engages in oil and gas cooperative development, technology research and development, and product development. The operation capability can provide the oil field with a package of solutions and "turn-key" services from the drilling of new wells to the start of production. Its Annual service capacity is drilling 8 million meters, fracturing 10, 000 wells, logging 4, 000 wells, cementing 6, 000 wells, oil testing 450 layers, and directional drilling more than 1, 500 wells; cooperative development of annual natural gas transmission of 700-800 million cubic meters. On May 7, 2023, XDEC successfully completed the reservoir reconstruction(Fracturing) of Gole 3 Well (9396.12m deep), the deepest horizontal well in Asia.
It mainly serves more than 10 oil and gas fields in China and its overseas market is mainly distributed in central Asia Kazakhstan, Uzbekistan, Middle East Saudi Arabia, the United Arab Emirates, Iraq, and Africa's Egypt and other ten countries and rendering services to more than 30 clients.
Water and oil well drilling, oil well Workover, cementing service etc.