Shale gas field with an annual output of 10 billion cubic meters has been completed! These companies may be concerned

category:Finance
 Shale gas field with an annual output of 10 billion cubic meters has been completed! These companies may be concerned


According to toubao Research Institute, Chinas shale gas production increased from 1.3 billion cubic meters in 2014 to 10.29 billion cubic meters in 2018, with a compound annual growth rate of 67.7%. Under the favorable environment of national macro policy support, more prosperous downstream application prospects and continuous technological innovation, it is expected to reach 108.74 billion cubic meters by 2023.

The companys main business is oil and gas field equipment and technical engineering services. The worlds first single machine single pump 7000 horsepower electric drive fracturing skid is equipped with the worlds largest power 7000 horsepower fracturing plunger pump, which can replace 2-3 conventional 2500 fracturing equipment in shale gas field.