hydraulic workover rig factory

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High quality cost-effective diesel drilling onshore large load workover rig,The rig structure is compact and well designed, highly integrated, and optimized to save working space. The power system is a hydraulic+ mechanical type with high comprehensive efficiency. A class II or self-propelled type chassis can be adopted to meet the various requirements of the end-users.

The mast is front-open type, with a single section or double-section structure, hydraulic raising and hydraulic telescoping, or mechanical telescoping.

Band brake or hydraulic disc brake can be applied as the main brake of the drawworks. The water cooling thrust plate pneumatic brake or water brake can be used as an auxiliary brake.

In order to solve low degree of work over automation, labor-intensive job dangerous, poor working environment issues, Shengji has developed a series of mechanical work over system, including workover automatic system, minor workover automatic system and snubbing operation equipment.

Oil well workover is a high-tech, high-risk work. The conventional oilfield workover rig has problems such complicated operating procedures and high labor intensity. Shengji, in cooperation with the Shengli Drilling Corporation, have designed an oilfield workover rig automation system.

The system includes double monkey board pipes ranging robot, bolted beam system, machine hand, power catwalk, power elevator, hydraulic chuck, power control and monitoring system. The system uses one-button automated operation. The operation only needs one driller, one wellhead operator and one patrol personnel.

The oilfield automatic workover rig has a high degree of automation adopting modular integration and advanced robot closed-loop control technology. It functions as self-diagnosis, leakage and short circuit protection and fault alarming, etc. It has remote monitoring capability.

The automatic workover rig greatly increases the automation of workover operations, reduces the number of operators, decreases workers’ labor intensity. The technology is advanced, safe and reliable.

EEST Energy provides multi-capacity Hydraulic Workover Units (HWU) for projects onshore and offshore. A Hydraulic Workover Unit (HWU) is gaining global recognition in performing the same well-servicing applications as conventional well intervention activities, especially when dealing with critical limitations such as space and deck-loading problems.

The automatic operation equipment for minor workover is mainly composed of a wellhead operation device, hydraulic elevator, pipe and rod transmission and arrangement device and electro-hydraulic control system.

The device adopts the structural form of dispersing the functional modules and integrated installation on the workover rig: with the hydraulic tong, manipulator and anti splash snap device set on the derrick of the workover rig, which can expand and rotate, and the safety slip is installed above the BOP.

The device only needs to install safety slips, which realizes rapid installation and migration and shortens the auxiliary working time. The device has the function of moving back and forth, left and right, which is convenient to align the wellhead. The height of the hydraulic tong is adjustable and can adapt to the wellhead with different heights. Hoisting equipment and special transport vehicles are not required for the installation and removal of the device.

Main function: connect to the wellhead flange and clamp the pipe string. Slip teeth are common with other manufacturers for easy replacement. The hydraulic cylinder is clamped and the pipe string is forced to be centered. The clamping is reliable and convenient for automatic operation. Open and close state detection, and realize safety interlock with other equipment.

The main electric control box can be installed on the operation vehicle or integrated into the modular wellhead operation device. The make-up torque of various oil pipes is set on the touch screen to realize automatic make-up and break-down. Equipped with video monitoring, process prompt, safety alarm, etc. The control system has a perfect action interlocking function to ensure the safety and reliability of the workover operation process. All of the electric cabinets, sensors, connectors meet the requirement of Explosion-proof on field.

The hydraulic system includes hydraulic source, wellhead automatic operation device control valve group, hydraulic elevator, hydraulic slip valve group, conveyor control valve group and pipeline, etc.

Major players in the hydraulic workover unit market are Archer limited, Basic Energy Services, Inc. , Canadian Energy Equipment Manufacturing FZE, Cudd Energy Services, Easternwell Group, Elnusa, Halliburton Company, High Arctic Energy Services Inc, Key Energy Services, LLC, NOV Inc.

New York, March 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Hydraulic Workover Unit Global Market Report 2022" - https://www.reportlinker.com/p06247583/?utm_source=GNW

The global hydraulic workover unit market is expected to grow from $8.65 billion in 2021 to $9.58 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $12.40 billion in 2026 at a CAGR of 6.7%.

The hydraulic workover unit market consists of sales of hydraulic workover unit services by entities (organizations, sole traders, and partnerships) that utilize versatile, cost-saving, and safe techniques for the repair and maintenance of all types of wells.Hydraulic workover is a well intervention technique used for installing or removing tubes (pipes) in and out of dead wells (the well with zero surface pressure).

The main services in the hydraulic workover unit are workover and snubbing.The snubbing services are used to install or eliminate tubular from a well while the well is pressurized.

North America was the largest region in the hydraulic workover unit market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing shale gas production is projected to propel the growth of the hydraulic workover unit market in the coming years.Shale gas is natural gas generated from a type of sedimentary rock called shale that is formed from clastic origins such as sedimentary rock or siltstone.

The most adaptable technology available in the upstream oil and gas industry is the snubbing unit, which is a type of hydraulic workover unit. According to the United States Energy Information Administration, shale gas production in the USA is expected to increase from 27.90 trillion cubic feet in 2021 to 32.50 trillion cubic feet by 2025. Therefore, the increasing shale gas production drives the growth of the hydraulic workover unit market.

The introduction of multiphase projects is a key trend gaining popularity in the hydraulic workover unit market.Major players operating in the hydraulic workover unit sector are launching multiphase projects in collaboration with technology players to set a new offshore snubbing unit or hydraulic workover world record.

For instance, in September 2020, SBS Energy Services (SBS), a US-based provider of snubbing, hydraulic workover services entered into a strategic partnership with Helix Solutions to complete a multi-phase project that deactivates roughly 29,000 feet of 10 inches by 6 inches insulated pipeline in the Gulf of Mexico.

In April 2019, High Arctic Energy Services Inc., a Canada-based drilling oil and gas wells company acquired assets of snubbing services equipment from Precision Drilling for $8.5 million. The acquisition provides the High Arctic with additional quality snubbing equipment and access to experienced personnel and crews. Precision Drilling is a Canada-based drilling rig contractor involved in offering snubbing services, oil field rental, and supplies.

The countries covered in the hydraulic workover unit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

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The global hydraulic workover unit market size is predicted to grow at a 3.84% CAGR in the forecast period (2020- 2027), states the current Market Research Future (MRFR) report. A hydraulic workover unit is the perfect well intervention solution for re-entry operations, well interventions, and well maintenance. This unit uses hydraulic cylinders for lifting the tubular or out of the well. The hydraulic cylinders enable complete control over tubular movements and helps in eliminating the need for a huge mast construction that is present on conventional drilling rigs.

According to the MRFR report, there are numerous factors that are propelling the global hydraulic workover unit market share. Some of these entail technological advances in oil and gas well production, increasing offshore production post decline in oil prices, the burgeoning need for hydraulic workover units in the offshore oil and gas industry, the rising electricity demand, increasing focus on offshore exploration, the production of E&P of oil and gas, the rising efforts by upstream companies to improve the production from the mature fields, and the increasing oil and gas production. The additional factors adding to the global hydraulic workover unit market value includes the growing development of natural gas resources, the rising focus on mature oil and gas fields with the implementation of digital technologies which are the latest hydraulic workover unit market trends, rising energy demand in developing economies, increasing number of exploration activities, well drilling activities, and hydraulic fracturing, growing demand for snubbing services, and rising number of mature oil and gas fields.

On the contrary, stringent environmental regulations, lack of skilled workforce, problems related to the use of hydraulic workover unit like long rig-up time, and problems in transport for its heavy weight may impede the global hydraulic workover unit market revenue over the forecast period.

The oil and gas sector unfortunately has faced the brunt of the ongoing COVID-19 crisis which in turn has impacted the hydraulic workover unit market. Owing to the present scenario, several oil and gas companies across regions were compelled to shut down their services and producing assets as countries practiced complete or partial lockdown strategy for dealing with the pandemic. Across the region, companies has either delayed or suspended the key oil and gas projects. Besides, the crisis has also impacted the rig count for oil and gas, well drilling and production activities, and also crude oil prices. All these factors have negatively impacted the global hydraulic workover unit market growth.

The MRFR report highlights an inclusive analysis of the global hydraulic workover unit industry based on application, installation, service, and capacity.

By capacity, the global hydraulic workover unit market is segmented into above 150 tonnes, 50 to 150 tonnes, and up to 50 tonnes. Of these, the above 150 tonnes capacity segment will lead the market over the forecast period.

By service, the global hydraulic workover unit market is segmented into snubbing and workover. Of these, the workover service segment will dominate the market over the forecast period.

By installation, the global hydraulic workover unit market is segmented into trail mount and skid mount. Of these, the trail mount installation segment will spearhead the market over the forecast period.

By application, the global hydraulic worker unit market is segmented into offshore and onshore. Of these, the onshore application segment will have the lions share in the market over the forecast period.

Geographically, the global hydraulic workover unit market is bifurcated into Europe, North America, South America, the Asia Pacific, & the Middle East and Africa (MEA). Of these, North America will have the lions share in the market over the forecast period. Per capita consumption, production, and exploration of oil and gas, advances in upstream operations, high production of crude oil produced from tight oil resources in the US, the rise in the production and extraction of oil and gas increases the need for hydraulic workover units to perform routine well maintenance for offshore installations, inland waters, and land, increase in the need for cost-efficient method to repair leading to the installation of hydraulic workover units, the growth in unconventional resources in Canada and the US, and the demand for intervention operations in the maturing offshore fields in the Gulf of Mexico and other onshore fields in the US are adding to the global hydraulic workover unit market growth in the region.

In Europe, the global hydraulic workover unit market is predicted to hold the second-largest share over the forecast period for technological advances and increasing exploration and production of oil and gas.

In the APAC region, the global hydraulic workover unit market is predicted to have admirable growth over the forecast period. Rise in demand for energy in emerging economies of India and China are adding to the global hydraulic workover unit market growth in the region.

In the MEA and South America, the global hydraulic workover unit market is predicted to have sound growth over the forecast period. The presence of large untapped energy reserves is adding to the global hydraulic workover unit market growth in the region.

The prominent players profiled in the global hydraulic workover unit market report include ZYT Petroleum Equipment Co., Ltd (China), Uzma Berhad (Malaysia), PT Elnusa Tbk (Indonesia), Canadian Energy Equipment Manufacturing FZE (UAE), Velesto Energy (Malaysia), Superior Energy Services (US), Basic Energy Services (US), High Arctic Energy Services Inc. (Canada), Precision Drilling Corporation (Canada), Cudd Energy Services (US), Archer (Norway), National Oilwell Varco (US), and Halliburton (US), among others.

The global hydraulic workover unit market is fragmented and also competitive with the presence of many domestic as well as international industry players. They have incorporated assorted strategies to stay at the forefront and also cater to the surging needs of the customers, including collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market.

Pune, India, Jan. 28, 2022 (GLOBE NEWSWIRE) -- The global hydraulic workover unit market size is expected to touch USD 13.21 billion in 2028, exhibiting a CAGR of 6.4% during 2021 and 2028. The market stood at USD 8.11 billion in 2020 and reached 8.59 billion in 2021. Revolutions in digitization, energy, and the automotive industry and the rising energy demand are expected to boost market development. Fortune Business Insights™provides this information in its report titled “Hydraulic Workover Unit Market, 2021-2028.”

Hydraulic workover unit is an effective, safe, and cost-effective tool used for sand cleanouts, repairing casing leaks, and others. It is used to produce crude oil, thereby increasing its demand. Revolutions in digitalization, automotive, and automotive industry are expected to boost Hydraulic workover unit demand. Furthermore, rising investments in the development of renewable energy resources are likely to boost the demand for the product. Increasing investments in offshore explorations are likely to boost the adoption of the product. For example, Kuwait entered a contract worth USD 600 billion with Halliburton for offshore explorations in July 2019. Through this contract, the company aims to drill nearly six exploration wells in the upcoming two or three years.

Rapid urbanization and increasing population are likely to boost the demand for energy from several end-user sectors. Since renewable energy is in its early stages, the majority of the power generation responsibilities are undertaken by hydrocarbons. Challenges related to alternative energy resources and the rising demand for oil and gas are expected to boost Hydraulic workover units" adoption. Furthermore, increasing shale and crude oil production capacities and the rising number of brownfields are likely to increase the product’s adoption. These factors are likely to drive the Hydraulic workover unit market growth.

North America is expected to dominate the Hydraulic workover unit market share because of the rising adoption of snubbing and workover services. The market in North America stood at USD 2.43 billion in 2028 and is expected to grow positively during the upcoming years. Further, technological advancements and ease and efficiency of operations are expected to boost Hydraulic workover unit’s demand. These factors are likely to boost the market growth.

Middle East & Africa is the second-largest market shareholder because of increasing mature oil production. In addition, rising demand for Hydraulic workover units from the GCC countries is expected to propel market growth.

In Asia Pacific, China is expected to dominate the market because of rapid urbanization and industrialization. This factor increases energy demand considerably, thereby boosting workover units’ demand. In addition, maturing offshore sites in Europe and offshore developments may boost the market growth.

The prominent companies operating in the market manufacture advanced rigs to participate in government initiatives and boost their brand image. For example, Megha Engineering and Infrastructures Limited (MEIL) started manufacturing advanced hydraulic technology rigs, and the development began in the Kalol oil field close to Ahmedabad, Gujarat. The company undertook this project to support the Indian government’s ‘Make in India’ initiative. Furthermore, the adoption of expansion strategies enables companies to gain access to new oilfields and boost their sales, thereby boosting their market position.

Hydraulic Fracturing Market Size, Share & COVID-19 Impact Analysis, By Well Type (Horizontal and Vertical), By Technology (Plug & Perf and Sliding Sleeve), By Application (Onshore and Offshore), and Regional Forecast, 2021-2028

The HWO unit uses hydraulic cylinders to lift tubulars in or out of the well. Using hydraulic cylinders allows for perfect control over tubular movements and eliminates the use of a large mast construction which is present on conventional drilling rigs.

Hydraulic cylinders can generate large pull and push forces and provide the HWO unit with a small footprint and configuration. These properties are beneficial for offshore operations where space can be limited and where harsh weather conditions are present. In general, the running speed of a HWO unit is lower than a conventional workover rig.

Steel Fabrication, Machining, Welding, Coatings, Snubbing Units, Workover Rigs, Rotary Tables, Power Packs, Casing Jacks, Hydraulics, Pump Motor Skid, Oilfield Tools & Equipment

MarketResearch.biz delivers in-depth insights on the global hydraulic workover unit market in its upcoming report titled, “Global Hydraulic Workover Unit Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global hydraulic workover unit market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global hydraulic workover unit market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global hydraulic workover unit market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hydraulic workover unit market report has been segmented on the basis of installation type, service, application, and region.

Hydraulic workover units are portable pulling systems that offer various benefits for onshore and offshore installations. Hydraulic workover unit is used as an alternative to workover rigs & conventional drilling. They are mainly used in drilling, repairing, and completing wells in and around shores.

Rising energy demand in developing economies is a key factor driving growth of the global hydraulic workover unit market. In addition, increasing number of exploration activities, hydraulic fracturing, and well drilling activities are some other factors expected to boost growth of the global hydraulic workover unit market over the forecast period.

However, stringent environmental regulations are key factors restraining growth of the global hydraulic workover unit market. Additionally, lack of skilled workforce, and problems associated with use of hydraulic workover unit such as long rig-up time, and problems in transportation due to its heavy weight are some other factors anticipated to hamper growth of the global hydraulic workover unit market over the forecast period.

Increasing number of mature oil & gas fields, and rising demand for snubbing services that are part of snubbing workover operation in shale gas formation are another factors expected to boost demand for hydraulic workover units in near future, and create potential opportunities for key players in the market.

Currently, the market in North America accounted for dominant revenue share in the global hydraulic workover unit market. This dominance can be attributed to increasing production for shale gas in countries in the region. The market in Asia Pacific is projected to witness fastest growth over the forecast period, owing to rising energy demand in emerging economies such as China, India etc. Also, market in Middle East is expected to witness moderate growth over the forecast period owing to presence of large untapped energy reserves in the region.

Hyderabad (Telangana) [India], April 7 (ANI/PRNewswire): Megha Engineering and Infrastructures Limited (MEIL) achieved another milestone by manufacturing rigs for the oil and gas sector with indigenous know-how.

The rigs designed with advanced hydraulic technology began operations in the Kalol oil field near Ahmedabad, Gujarat, on Wednesday (07.04.2021), P. Rajesh Reddy, Vice-President, MEIL, said.

These rigs made with 1500 HP capacity can easily drill oil wells to a depth of 4000 meters (4 kilometres) from the surface. These rigs can work for the next 40 years. MEIL has taken up this rig manufacturing as part of the Government of India"s "Make in India" initiative.

MEIL has bagged the order to manufacture and supply 47 drilling rigs worth Rs 6 000 crores in a tendering process from ONGC in 2019. MEIL has deployed the first rig of this order in an oil field near Ahmedabad and successfully commenced the operations. The remaining 46 rigs are in various stages of manufacturing. This is for the first-time manufacturing rigs on such a large scale in the private sector as part of the "Make in India" initiative.

Out of these rigs, 20 are work-over rigs, and 27 are land drilling rigs. The work-over rigs used to extract the deposits from already drilled oil wells and enhance productivity and repair the well. Ordinary oil rigs do not serve this purpose. The state-of-the-art land drilling rigs used to drill deep into the layer of earth to existing oil reserves. These rigs can dig from 1500 meters to 6000 meters in depth. The regular rigs can dig up to only 1000 meters.

Of the 20 work-over rigs, 12 are automated with a capacity of 50 MT, and four are with a capacity of 100 MT. Another four are with 150 MT capacity rigs, and MEIL is manufacturing all. Of the 27 land drilling rigs, 2 are mobile hydraulic rigs with a capacity of 1500 HP each, while 17 are with a capacity of 1500 HP AC VFD each. The other six rigs are with a capacity of 2000 HP each. MEIL design two more rigs with a capacity of 2000 HP each.

These 2000 HP capacity rigs can drill up to 6,000 meters (6 km). This is the first time such capability rigs have produced in India. Of the total 47 rigs, the first rig is fully operational in the Kalol oil field in Gujarat, and the second rig drilling operations will begin in a few days. The preliminary preparations for this already began. Of the 46 rigs currently under manufacturing, two rigs are in the assembly stage in the Rajahmundry oil field in Andhra Pradesh. MEIL will supply the rest to ONGC-related oil fields in Assam, Tripura and Tamil Nadu.

"The first rig began its operations in an oil well called KLDDX in Damanasa village near Ahmedabad in the Kalol oil field. This is the first rig made with the indigenous technology commenced drilling. The rig drills oil wells faster and operates with minimal power, and manufactured with state-of-the-art hydraulic and automated technology. This rig with a capacity of 1500 HP can easily drill up to 4000 meters. It is also with most modern technology in terms of security standards," said P. Rajesh Reddy, Vice-President, MEIL.

"We feel proud to manufacture the first-of-its-kind rig with indigenous technology under the "Make in India" and supplied to Maharatna company, ONGC. We can improve the domestic economy by increasing domestic oil production and reduce the oil import burden. ONGC will benefit from these advanced rigs manufactured with the latest technology," P. Rajesh Reddy, said.

He also said, "The company, aims to begin commercial production soon with the advanced indigenous technology to drilling oil wells. MEIL has adopted the "Make in India" slogan as its policy. Megha Engineering and Infrastructure Limited (MEIL) has become a beacon of hope for India, which currently depends on imports overseas for oil and fuel extraction rigs."

Megha has achieved extraordinary rig manufacturing capabilities with indigenous technology, competing with the global companies rigs. This is a proud moment for the country and not only for MEIL.