Fracturing operation site on a platform in Honghua. Photo courtesy of Honghua Group
Di Xiaohong said that as early as 2009, Honghua Group learned from the successful experience of shale gas development in the United States and started shale gas development based on the characteristics of Chinese shale gas. Research in the field of development. Today, Honghua Group has become China's largest exporter of complete sets of oil drilling rigs and one of the world's largest land oil drilling rig manufacturers.
According to reports, Honghua’s overall shale gas solution can reduce fixed asset investment by more than 30%, reduce well site area by 30-50%, reduce fuel costs by more than 40%, and integrate fracturing or drilling and completion. The cost is reduced by 20% and the number of operators is reduced by half... At the same time, because the electric motor is used to completely replace the diesel engine, this solution can achieve zero emissions and significantly reduce noise and other pollution, achieving true energy saving and emission reduction.
Honghua 6000HP electric fracturing system. Photo courtesy of Honghua Group
As a third-generation mature product, the core technology of Honghua’s all-electric fracturing pump has achieved completely independent intellectual property rights, getting rid of the passive situation of relying on imports for several key components of traditional fracturing vehicles. . Since the development of Honghua's overall solution for shale gas development, various technologies have obtained 20 invention patents, including 5 PCT patents and 3 US patents.
In 2018, Honghua electric fracturing system successfully entered the U.S. shale gas market; in 2019, Honghua Group launched core shale gas development blocks in Mahu, Xinjiang, Changning, Sichuan, and Weiyuan, Sichuan, China. It has set new records for shale gas fracturing operations many times.
Di Xiaohong said that Honghua’s overall shale gas solution is a huge contribution of Chinese wisdom to the global oil and gas major equipment field. With a complete set of electric fracturing equipment such as electric sand mixing trucks, electric mixing skids, and electric driven coiled tubing put into use, Honghua’s overall shale gas solutions will contribute more Honghua wisdom to the development of shale gas and promote global A new wave of shale gas development. (End)