603619
Stock code
(%)
Since its establishment, Zhongman Petroleum and Gas Group Corp., Ltd. (hereinafter as Zhongman Group or ZPEC) has been committed to globally integrated drilling engineering turnkey services. The engineering services mainly cover drilling, wireline logging, mud logging, cementing, well completion, drilling fluid, directional well, and integrated wellbore technical services. At present, ZPEC owns 59 sets of various drilling rigs. Our main markets include the Middle East, Russia, North Africa, South Asia, etc. Since it’s establishment, ZPEC has been working with well-known domestic and international oil companies and oil service companies including Saudi Aramco, Shell, Basra Oil Company (BOC), BP, Petronas, Zhenhua Oil, LUKOIL, Gazprom, Rosneft, Novatek, Schlumberger, Halliburton, Baker Hughes, Weatherford, PetroChina, Sinopec, CNPC, SINOPEC, and etc..
Since 1995, ZPEC has been servicing well-known companies such as CNPC, SINOPEC, Yanchang Oil, Schlumberger, etc. in the Sichuan, Ordos, Tarim, and Junangel Basins.
In 2011, ZPEC formally commenced its international service markets.
In 2012, ZPEC entered the Iraqi market by gradually investing 14 drilling rigs, serving 15 projects with a total of 198 wells, and aggregated footage of 660,903 meters.
In 2016, ZPEC entered the Egyptian water well market by completing a total of 214 wells with a cumulative footage of 126,421 meters.
In 2017, ZPEC entered the Russian market through drilling and completing 61 horizontal wells by using a total of 6 drilling rigs with a cumulative footage of 171,117 meters.
In 2018, ZPEC entered the Pakistan and Ukrainian markets through successfully drilling and completing many complicated well projects.
In 2019, ZPEC entered the Kazakhstan market for development of the company's owned Tenge Oil Field.
In 2021, ZPEC commenced the Saudi market and became the only private enterprise to enter its high-end drilling market. ZPEC currently has 3 rigs for drilling and workovers. In the same year, ZPEC has also passed and completed t
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