Recently, good news came from the two major oil fields in Northwest China and Northeast China: the new generation BGT2 premium joint OCTG developed by Baosteel lately achieved successful downhole in both Jilin Oil Field and Talimu Oil Field, and various technical indicators on site had all reached the customer's requirements, demonstrating that Baosteel has possessed the capability to supply the new generation BGT2 premium joint OCTG in batches. The successful development of new generation premium joint OCTG won a good start for the implementation of Baosteel's new round 6-year planning for steel tube business.
In August last year, Baosteel initiated the R&D of new generation premium joint OCTG. The production, marketing and research team of steel tube responded rapidly by implementing tailor-made and attentive service in line with the customers' specific requirements for premium joint OCTG. After many rounds of technical analysis, design, experiments and improvements, and in combination with the production capacity on site, they only spent half a year to complete the R&D of new generation premium joint OCTG.
Baosteel's new generation BGT2 premium joint OCTG filled the domestic blank, and can satisfy the demand of high-end oil and gas production. The product is mainly used for gas well mining. Compared with the last generation OCTG, the product has the advantages of faster downhole speed, better anti-thread gluing capability, stronger tensile strength and more stable sealing property, etc. In May this year, Baosteel's new generation BGT2 premium joint OCTG obtained the preliminary certification by CNPC Tubular Goods Research Institute, which assessed that its technical performance is equivalent to the international first class products.
Since its debut, the new generation BGT2 premium joint OCTG has been favored by the customers. In early June this year, Jilin Oil Field and Talimu Oil Field signed 600t BGT2 tubing and 2000t BGT2 casing contracts with the Steel Tube, Pipe and Bar Business Unit respectively. To ensure the timely delivery of the contract, Steel Tube, Pipe and Bar Business Unit planned and formulated the entire program from EAF smelting to tube machining tools preparation, and finished product railway transportation. The production schedule is drafted by deducing invertedly from the demand milestone of the final customers, and the billboard plan for each process step is well prepared, to ensure each detail from production to delivery process is operated strictly according to the standard. By the beginning of September, the contracts of the first batches of two specifications of 13CrBGT2 tubing supplied to Jilin Oil Field and BGT2 casing supplied to Talimu Oil Field have all been completed as scheduled.
Recently, the 200.03mm×10.92mm BGT2 BG110S casing supplied to CNPC Talimu Oil Field achieved first successful downhole in Ha 702-1 well. The well is located in Kuqa Aksu Prefecture of Xinjiang Uygur Autonomous Region, which is 6603m deep. Totally 185 pieces of casing are injected into the well, and all the downhole casing completely conform to the customer's construction requirements. Moreover, the new generation premium joint tubing product supplied to Jilin Oil Field made downhole on September 27. After 24 hours of continuous hard work, totally 180 pieces of tubing were injected into the well, with a total length of 1792.67m. The downhole operation was completed at one time and the technical performance indices of all the tubing have reached the customer's requirements.
