Equipment & Product Sales

SALE OF FOUR (4) HELI-TRASPORTABLE DRILLING RIGS FOR HRT IN BRAZIL

Partner Company: 
Customer: 
Location: 
Dates: 
Honghua Group, Rongsheng Machinery, Swaco, and Maeda
HRT Oil & Gas
Amazonia State, Brazil
Contract signed on September 15, 2011; rigs shipped from Shanghai in December of 2012.

Project Summary:

  • Sale of four 1500HP VFD heli-transportable land drilling rig
  • For drilling up to 4,000 meter depth
  • Maximum weight of load 3,000 Kilos for transportation
  • For operation in Solimões Basin
  • Design, engineering, and manufacture in China
  • Training, testing and commissioning on site in Brazil
  • Contract Amount: $60 million USD

SALE OF FIRST HELI-TRASPORTABLE DRILLING RIGS FOR BRAZIL

Partner Company: 
Customer: 
Location: 
Dates: 
Honghua Group, Rongsheng Machinery, Derrick, Yong Ji, and Maeda
QGOG
Amazonia State, Brazil
Contract Signed: Jul/29/2010 to be shipped from Shanghai Feb/6/2011

Project Summary:

  • Sale of three 1500HP VFD heli-transporable land drilling rig
  • Maximum weight of load 2,500 Kilos for transportation
  • Two for contract To HRT Oil & Gas and one for Petrobras
  • Design, engineering, and manufacture in China
  • Training, testing and commissioning on site in Brazil
  • Contract Amount: $38 million USD

SALE OF FIRST CHINESE MADE DRILLING RIGS FOR BRAZIL

Partner Company: 
Customer: 
Location: 
Dates: 
Sichuan Honghua Petroleum Equipment Co., Ltd.
QGOG
Amazonia State, Brazil
Contract Signed Sep/25/2007, Rigs commissioned on Site: August/15, 2008

Project Summary:

  • Sale of two 2000HP VFD land Rigs for Contract to Petrobras
  • Design, engineering, and manufacture in China.
  • Training, testing and commissioning on site in Brazil
  • Contract Amount: $25 Millions USD

SALE OF FIRST CHINESE MADE BOP SYSTEMS FOR BRAZIL

Partner Company: 
Customer: 
Location: 
Dates: 
Rongsheng Machinery Manufacturing Co Ltd.
QGOG
Amazonia State, Brazil
2007

Project Summary:

  • Sale of Two complete BOP Stacks with control panels for 2000HP Land Rigs
  • Design, engineering, and manufacture in China
  • Training, testing and commissioning on site in Brazil
  • Contract Amount: $1.2 million USD

SALE OF LAND DRILLING RIG FOR PEMEX

Partner Company: 
Customer: 
Location: 
Dates: 
RG Petro - Machinery (Group) Co., Ltd.
PEMEX Drilling - Northern Region
Veracruz, Mexico
December, 2004

Project Summary:

  • Sale of complete trailer mounted 750HP drilling rig
  • Design, engineering, and manufacture in China.
  • Training, testing and commissioning on site in Mexico
  • 5 Million U.S. sale

SALE OF SEISMIC EQUIPMENT FOR MEXICO PROJECT

Partner Company: 
Customer: 
Location: 
Dates: 
Input-Output, Inc.
BGP International, Inc.
China
October, 2003

Project Summary:

  • Sale of 2 complete seismic acquisition systems
  • 12 Million U.S. sale
  • Equipment sold to BGP for use in PEMEX Contract in Northern Mexico