The company has the technical strength to lead the R&D and manufacturing direction of China oil and gas drilling equipment industry. It is the organizer of the National Petroleum and Natural Gas Drilling Equipment Engineering Technology Research Center and the only enterprise in the industry that undertakes the work of two national standardization departments (National Rig Standardization Department and National Offshore Drilling and Production Equipment Standardization Department). This company is the second organization in the world that can develop12000m deep well drilling rig. Achievements in scientific research: ZJ70D drilling rig has undertaken the drilling task of "scientific well exploration", which is known as "telescope reaching out to the earth" in Chinese mainland. China's first ultra-deep well 9000m AC variable frequency electric drive drilling rig is one of the "exclusive 15 core technologies" of China Petroleum and Natural Gas Corporation, and it is the first land-based 12000mt AC variable frequency electric drive drilling rig in the world, a national "863 Plan" project. Up to now, the company has won 83 national and provincial science and technology awards, applied for 5 14 patents and obtained 406 national patents. Patented technology ranks first in China petroleum equipment manufacturing system. All-digital AC variable frequency electric drive drilling rig has achieved seamless coverage of all-weather, all-terrain and all-well deep land market, successfully moving from land to high-end marine field; The high-powered trailer drilling rig realizes the serialization of drilling depth1000-9000m; The high-power and lightweight technology of F series drilling pumps has reached the international leading level.
Oil drilling rig and F series mud pump won the titles of "National Customer Satisfaction Products", "Shaanxi Famous Brand Products" and "China Petroleum Quality Products". In 2007, Gem Machinery Oil Drilling Rig ranked first among similar products, and won the highest government award in the field of quality-China well-known trademark, which once again eloquently proved the leading position of Gem Machinery in the industry.
The mission of the company is to fulfill the economic, political and social responsibilities of state-owned enterprises, provide customers with oil drilling and production equipment that creates outstanding value, and ensure the equipment demand of the three major domestic oil companies; It is the main supplier of strategic equipment for oil and gas exploration in China sea area, and has undertaken major projects such as Huizhou and Xiao Chun successively. In 2007, it once again became the supplier of new technology drilling equipment in China offshore oilfield. With the batch sales of complete sets of drilling equipment in the high-end markets of major oil-producing areas in the world, such as North America, the Middle East and South America, it has established its position as one of the main suppliers of oil rigs in the international market.
The company's main economic indicators have increased rapidly at a rate higher than 25% for 10 years, and the output of leading products, land oil rigs and mud pumps, has ranked first in the world for four consecutive years.