About us
Yangzhou Jiangsu Oilfield Ruida Petroleum Engineering Technology Development Co., Ltd is located in scenic Yangzhou, Jiangsu Province, directly affiliated to Jiangsu Oilfield. Founded in 2000, it specializes in providing technology services for oil companies and oilfields to reduce lifting costs (including energy cost and operating cost) by improving pumping system efficiency. It is a comprehensive corporation integrating technical department, marketing department and financial department.
Ruida is market-oriented. We aspire to ensuring as many oil companies as possible have the opportunity to save energy cost in oil pumping.
In 1999, Mr. Zheng Haijin, the General Manger of Ruida, invented ¡°the Designing Method for A Sucker-rod Pumping System of Least Energy Use¡±. It was granted Chinese and American patents successively. Based on this design method, we developed a designing software named Pumping Star. It is used to design a sucker-rod pumping system£¬which consumes the least energy among all the systems that could produce the target output.
Seven years¡¯ practice among different oilfields in China shows that with the help of this expertise, designers could better optimize a sucker-rod pumping system. Consequently, Ruida wins a fine reputation in Chinese petroleum industry for its contribution to energy-saving.
Ruida adheres to its policy of flexible and varied business operations. Up to 2007, we have provided technology support to 12 oilfields in China. CNPC and SINOPEC, the top two oil companies in China, have already bought altogether 327 sets of Pumping Star.
Ruida has a team of qualified and professional staff with balanced and integrated expertise and skills, and strong capabilities in practical business operation. Up to 2007, Ruida has spread its energy-saving technology over 18 oilfields in China. In 2008, Ruida is promoting this technology to American. Since there are hundreds of thousands of sucker-rod wells in America, we believe considerable profits could be created if this technology could be widely promoted.
The development of Ruida is dependant on market demand. Characterized by the enterprise culture of " Technology creates wealth and innovation develops future ", we are working hard all the while to provide high-quality services to customers. In the future, we will continue to improve the quality and technical level, and to meet customers¡¯ demand.
