Nara Petroleum Mechanical Manufacture

Nara Petroleum Mechanical Manufacture Co. Ltd, located in the industrial park of China's second largest oil field-Shengli Oil Field, is a high-tech private limited liability company which takes the lead in developing, manufacturing and selling oil machinery. Having manufacturing shop covering an area of *0,**0, its registered capital values at *0.1 million Yuan, total fixed assets *0 million, current assets *8 million, floating debt 5 million and equity *9 million. The company has a total staff of *6, including *0 senior engineers, *5 engineers, 2 senior accountants, 5 accountants and 5 assistant accountants. Taking researching and developing new downhole drilling tools as the base ， our company makes it as strategic positioning to develop the production equipment in the petroleum exploration field and modernize downhole drilling tools. On the basis of accepting European and American advanced technology, following closely the forefront of the international peer, our company has independently developed adjustable tapered stabilizer, oil pressure tapered stabilizer, hydraulic pressure damping load, floating valve, multifunctional stopcock, MWD/LWD downhole matching tools, multi-branch wells completion tools, vertical drilling tools, test beds of directional well test and so on, with the international advanced level. At present, it is an up-and-coming company with strong ability in petroleum drilling tools development technology at home. Our oil pressure tapered stabilizer, hydraulic pressure damping load, float valve, adjustable tapered stabilizer, remote drilling bypass valve and multifunctional stopcock all have won the National Utility Model Patent Certificate, and we have applied for patent for remote drilling bypass valve and have obtained acceptance notification.