HOUSTON, September 19, 2014 /PRNewswire/ -- The Jereh Group, a private Chinese oil and gas equipment manufacturer and service provider, showcased a cutting-edge coiled tubing unit and integrated unconventional E&P solutions at the 2014 DUG Eagle Ford Conference in San Antonio, Texas on September 15.
"In this multi-billion dollar market, a wealth of opportunities is offered," said Chengcheng Yu, manager of America Jereh, a subsidiary of Jereh Group. "According to PacWest, there will be robust activity for drilling and completion in U.S. shale plays through 2016. Four formations, Bakken, DJ Basin, Permian and Eagle Ford, will account for over three-quarters of the growth in horizontally fracked stages. The Eagle Ford and the Bakken are projected to grow by 8 percent and 6 percent, respectively."
Throughout the conference, Jereh presented industry examples of its response to the changing landscape of Eagle Ford. "In 2012, for example, the company's frac pumper and sand blender finished an 88-stage zipper fracturing job in the U.S., whose successful performance has become so valuable for global shale E&P," said Yu.
In U.S. shale plays, innovation in hydraulic fracturing and directional drilling has revealed shale resources. As a response to this, in 2013, Jereh launched a new concept shale gas fracturing solution-small well site, large frac job, which was equipped with a 3,100hhp frac pumper, 240bbl/min sand blender and five support systems to solve the challenges of efficiency improving and complicated geology. In March 2014, the Jereh Apollo Turbine Frac Pumper was unveiled and set a world record of a single frac pumper's highest output power at 4,500hhp.
Jereh established an R&D center, manufacturing facility and after-sales center in Houston to offer superior products and services to the North American market, particularly the U.S. In addition, it has support the Canadian and Latin American market as well, by means of advanced technology, good reputation, on-schedule delivery and complete maintenance. According to Yu, "If more companies with strong competitiveness such as Jereh exist in the industry, as a collective we will boost high-end market development."
About Jereh
Headquartered in Yantai, China and Houston, TX, Jereh Group is a worldwide provider of oil and gas equipment and services for drilling, completion, gas equipment and engineering. Through its strong global R&D, high-quality production facilities and global sales network, Jereh has successfully served customers in over 60 countries (www.jereh.com).
