Diamond drill bit sales at home and abroad increased significantly

September 14, 2022

Since the beginning of this year, JiangRing Co., Ltd. has carried out personalized product development in response to market demand and implemented a full “one-stop” technical service. From January to November, sales of diamond drill bits in domestic and international markets increased by 59.6% and 23% respectively from the same period of last year. .

In the domestic market, the special drill bit specifications developed by Jiangling shares for Tahe Oilfield are far superior to other drill bits in the same block. A new type of bit created the first record of the use of diamond bits in the North Jiangsu Oilfield, and another new type of diamond bit used in marine formations to achieve new breakthroughs. At the same time, Jiangling shares became the only domestic drill contractor in the Sulige gas field of PetroChina Changqing Oilfield. In foreign countries, from January to November, sales of diamond drilling bits in Iran increased 52% year-on-year. Today, the company's on-site technical services are spread throughout Iran, Russia, Cuba, Chad, and other countries and regions. Its full-well technical service has made new breakthroughs in Cuba. The brand's drill bit has a market share of more than 90% in Chad.

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