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Petro-King International
Petro-King International Increases Value for Oilfield Technology Service Customers while Increasing Global Reach Highly professional and dedicated, Petro-king has design, manufacturing and consultancy professionals specializing in well construction and production enhancement Written by: Andrew Rossillo Produced by: Wayne Masciotro 44
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A pre-job safety meeting
PETRO-KING OILFIELD Technology Ltd. is a leading independent China-based provider of high-end technology and oilfield services. Its primary oilfield services include technical consultation, project management, well drilling, completions, stimulation, production enhancement, surface equipment, and well testing. It also provides associated technology. “We are a global integrated oilfield technology and service company,” says Country Manager – Australia, James Tauchnitz. “What makes 45
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us unique is our striving for fit-forpurpose solutions. We’re not a company that offers a catalog. We look at what our customers value and try to find solutions to meet those value-driven challenges.” Headquartered in Shekou of Shenzhen, the coastal oil town in southern China, Petro-king has established its business presence in China, Indonesia, Russia, Nigeria, Saudi Arabia, Yemen, Algeria, Trinidad and Tobago, Turkmenistan, Kazakhstan and Australia. Among its major clients are Sinopec,
PetroChina, CNOOC, Shell, BP, Rosneft, ConocoPhillips, CACT Operators Group, DEVON, Fareast, EOG, and Sunwing Energy. In order to provide their customers with more convenient and more thoughtful services, Petro-king has set up fully fledged service bases in major operation areas. “We’re a Chinese-based company, going through a fairly big global expansion into Africa, South East Asia, throughout China, North America, South America, and Australia,” explains Tauchnitz.
“So my job is to lead the Australian business. Wherever we extend our company, we still make sure we hold on to the vision and mission of the company. The vision being that we aspire to be the leading oilfield technology provider.” “We already are global and integrated but we want to be beating the competition every day. Our mission is very simple: to create value for our customers, every day. The day that we stop creating value for our customers is the day we stop creating value for our business.
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Leading Down Hole & Completion Tool Manufacturer
A NEW GENERATION OF HIGH POWERED TURBODRILLS
PACKERS PACKER ACCESSORIES LINER HANGER DOWN HOLE FLOW CONTROL SAFETY VALVE MULTI-STAGE FRAC SYSTEM
Reduced Length Reduced Connections Reduced Rig Time Increased Torque Increased Power Increased Efficiency
Star Petrotech is a leading downhole completion equipment manufacturer of South East Asia. Headquartered in Singapore, we offer wide range of products and services design to maximize well production such as packer systems, subsurface safety systems, subsurface flow controls, multi stage fracturing systems and service tools. Star Petrotech committed to provide the highest quality product through our highly skill and well train employees using state of the art manufacturing facility. Our innovative designs had earned good reputation in Middle East, South America, Africa, Russia, Singapore, and China markets. CONTACT US:
Email: enquiry@starpetrotech.com
www.starpetrotech.com
No 27, Tuas Avenue 4, Singapore 639377 Tel: (65) 6863 1720 / (65) 6863 2720 Fax: (65) 6863 2390 / (65) 6863 2360
www.turbodynamics.com
supplierprofile
supplier profile
Star Petrotech
TurboDynamics
Star Petrotech is a leading downhole completion equipment manufacturer of South East Asia. Headquartered in Singapore, we offer wide range of products and services design to maximize well production such as packer systems, subsurface safety systems, subsurface flow controls, multi stage fracturing systems and service tools. Qualified with ISO 9001:2008 and API Q1, 6A, 14A, 14L, 11D1, 19G1 quality system.
With over 75 year’s cumulative experience in all aspects of turbodrilling, the TurboDynamics team has designed and built an exciting and innovative new generation of turbodrills.
Star Petrotech completion tools are designed to meet specific wellbore or reservoir conditions. Star Petrotech safety valve design uses innovative rod piston and metal to metal flapper seal and full range of packers of different configurations for single or dual tubing strings, full range of pressure and temperature applications including multistage stimulation systems designed to fracture and stimulate multiple stages in vertical, horizontal and deviated wells. On top this, we offer a competitive price and faster delivery lead time. Our dedicated expert team will provide fit-for-purpose solutions with know how needed to serve our customers with the highest level of technical knowledge in the industry.
Website: www.starpetrotech.com
Currently available in 4-3/4”, 6-3/4” & 9-5/8” sizes for either vertical or directional applications, these high powered drilling tools provide several benefits to customers compared to competitor products. • The single section design not only reduces length but also saves valuable rig handling time. • Specialized, dynamic turbomachinery CFD software has been utilized to produce highly efficient turbine blade designs, resulting in increased power per stage and reduced parasitic energy losses. • Every component has been designed to minimize wear in order to maximize operational run life. In addition to our state of the art technology our focus is concentrated on customer service provision. All potential applications are analyzed in detail with our expert team and advice provided through the planning, execution and post well review stages. Website: www.turbodynamics.com
P e t r o - K i n g I n t e r n at i o n a l To create value means that we are looking for a solution that doesn’t necessarily exist yet. We’re not afraid of taking a new trail and testing new ways, processes, technologies, etc., so we can have that competitive advantage,” says Tauchnitz. Competitive Advantage A key component of Petro-king’s competitive advantage is their international technical team. Highly professional and dedicated, Petroking has experts in hydrocarbon exploration evaluation, drilling and completion program design, well engineering, who are not only experienced in coping with tough and complicated problems related to HPHT, high sour gas wells, unconventional resources development and deep-water operations, but also capable of serving offshore and onshore projects. Owing to its widely acclaimed professional services, Petro-king has established long-term partnership with many customers. With customers and applications in mind, Petro-king keeps learning and improving. It has set up a sound mechanism for assimilation of new Huizhou Global R&D and Manufacturing Base - currently under construction
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technologies and an employee development program, which has laid a solid foundation for its continuous development. More importantly, its customers are assured of sustained and stable technical support. Petro-king attaches significant importance to safety, the environment and service quality. They have obtained the DNV ISO quality system certification and API Q1 quality system certification to guarantee constant and reliable technical services for its customers. Integrated Businesses Compounding the Company’s competitive advantage is the comprehensive integration of Petro-king’s business operations. “If you were to look at the back of my business card, it reads ‘Plan. Drill. Stimulate. Complete. Operate. Optimise.’ These are very broad areas, and the value that we deliver comes in helping integrate each of those services,” says Tauchnitz. The flagship businesses that represent significant components of Petro-king’s integration are TurboDynamics and Star Petrotech,
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Newly delivered Fracture Stimulation Equipment - Sichuan
Global Headquarters - Shenzhen
both out of Singapore, both under the Petro-king Group, but they are branded under their own businesses and they’re run as their own entities. “I think firstly, there’s a lot to be said about experience,” says Tauchnitz. “In the TurboDynamics business, we likely have more experience in highspeed turbo drills than anybody else globally, including the major oilfield service companies.” TurboDynamics manufactures and provides high-speed turbo drill services primarily for drilling in high temperature or very abrasive drilling environments, but can also prove to be very cost effective in a wide range
high-speed turbine technology. A small piece of a large project really can save a whole load of money and deliver a whole lot of value for clients,” says Tauchnitz. Star Petrotech is Petro-king’s flagship completion tool shop and manufacturing facility, also headed by very experienced personnel. Their specialty is designing and manufacturing custom tools. Star Petrotech focuses on highpressure, high-temperature markets. Petro-king’s sister facility in China manufactures complementary tools. “The beauty of that business [Star Petrotech] is they’re able to do
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of other challenging applications. In this way, TurboDynamics has also established itself in the marketplace as the place to find solutions to time versus depth challenges and problems. In fact, TurboDynamics’ clients have been known to find it hard to believe the time savings provided which are consistently executed right on schedule, sometimes at a fifth of the time required by standard drilling techniques. “For one particular project, when you have a look at the savings for that client alone in just rig time, that was $1.5 million of rig-time savings just based on our
designs for more low-cost global applications,” says Tauchnitz. The Company’s capabilities in concert with its high-performance teams create a powerful combination, touting the flexibility to act quickly and make decisions, be creative and innovative. Experience coupled with flexibility in a global capacity tends be a rare commodity, thus creating an additional competitive edge for the Company. Integrated Project Management Integrated project management capabilities represent another very powerful and successful part of Petro-king’s business. The
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P e t r o - K i n g I n t e r n at i o n a l
James Tauchnitz - Australian Director, Country Manager
Company has been delivering turn-key solutions to clients in China, Iran, Nigeria, Sakhalin Island, Syria and Trinidad. As an example of this turn-key solution, an operator looking to develop a certain field has the 55
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opportunity to approach Petroking, state their budget, and then have Petro-king hit the ground running, taking care of everything from the geology and geophysics, well planning and design through a fully staged gated process into field
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execution and production, getting the wells online and handing them back over to the operator; all with a turn-key mentality. “We are continually assisting, providing our expertise and maintaining that production,” says Tauchnitz. “We have a full turn-key integrated project management team, and we’re starting to bring those services into Australia now. This is really going to be a game changing mix for the Australian market that really hasn’t seen too much of this before.” The Petro-king business started out in the oilfield consulting business and grew from 1 to 70 or 80 oilfield consultants. With successes in consulting, customers naturally began inquiring as to whether the Company would also provide services as well. Catalysed by this interest, the Company then started growing their drilling completions for stimulation services. As a result of this, customers then asked about the integration of these offerings, including overall project management, leading to Petro-king delivering the full experience locally for their clients. “We match these teams to organizations, and we’re starting to bring those capabilities into Australia now,” says Tauchnitz. Looking forward, Petro-king remains committed to creating value for its customers and is determined to grow globally into the leading oilfield service company.
Company Information Industry
Energy headquarters
China (global headquarters) founded
2002 employees
approximately 900 revenue
$150 million products/ services
technical consultation, project management, drilling services, completion tools, stimulation services, production enhancement, artificial lift, automation, well testing
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c o m pa n y n a m e
company name Room201縲。lock2, 4th building, Taohua Garden, Anju Compound, Luntai Country, Xinjiang. Tel: 0996 - 4697858 www.petro-king.cn/en/index.aspx 57
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