WHO WE ARE
DRILL FOR OIL, NOT FOR LOOPHOLES.

HANION Petroleum Equipment
Precision Solutions for Demanding Formations

Dear Industry Partners,

As we commemorate HANION's official establishment in 2024, we reflect on our 10-year journey that began in 2014 as specialist recyclers of drilling equipment. Today, our Tianjin-based enterprise stands as a full-cycle solutions provider specializing in:

 

·Advanced Tool Engineering
Metal material R&D | Rock drilling tool manufacturing & remanufacturing | Industrial chemical systems

·Certified Operational Excellence
Manufactured to ISO 9001 and API standards



Our Evolution Through Partnership
The trust of collaborators like you has driven our transformation:

Phase 1: Technical Foundations (2014-2020)

·Developed proprietary remanufacturing protocols for drill tools

·Established material science laboratory for wear resistance testing

·Secured first OEM contracts with Tier 1 operators

Phase 2: Strategic Scaling (2020-2024)

·IImplementing API Spec 7-1 certified manufacturing standards

·Launched HPE-branded product lines achieving 92% field success rate


Core Product Portfolio

1-Formation-Specific Drill Bits

·Tri-Cone Bits: Optimal for soft-to-hard strata (6,000+hours MTBF)

MTBF of 6,000+ Hours in the Petroleum Drill Bit Industry: Technical Benchmark Analysis


Industry Benchmark Comparison

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Technical Significance

1.Reliability Leap

20%-30% extended service life compared to conventional products, enabling a single bit to complete:

·1-2 standard onshore wells (3,000-4,500m depth)

·Continuous operations in critical sections (e.g., intermediate/vertical phases of 8,000m+ ultra-deep wells)

Economic Conversion

At $15,000 daily drilling cost, achieving 6,000 hours MTBF delivers:

·2-3 fewer mid-operation replacements (vs. 4,000-hour baseline)

·40-60 hours non-productive time saved per well

·8-12% total cost reduction


Technical Validation Matrix

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Competitive Benchmark Statement

"Field tests in Paleogene sand-shale interbedded formations (80-110MPa UCS) within the Bohai Bay Basin demonstrate HPE tri-cone bits achieve 5,240 hours MTBF - a 27.8% improvement over regional benchmarks of 4,100 hours."

(Note: All calculations based on API RP 19B testing conditions, ROP 18-22m/h, WOB 12-18 metric tons)


Competitive Positioning

·Schlumberger: Quantum-series tri-cone bits claim 5,200 hours MTBF in hard formations (2023 Whitepaper)

·Baker Hughes: Kymera hybrid bits achieve 6,800 hours MTBF in composite formations (requires specific drilling fluids)

·Domestic Leaders: Typically benchmark 4,000-5,500 hours (CCTVG 2022 Industry Report)


·PDC Bits: Diamond-enhanced cutters for medium/hard formations


PDC Drill Bit Market Competitiveness Comparison



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Key Metrics Analysis

1.MTBF (Medium-Hard Formations):

·Kingdream: 6,200–7,000 hours (ultra-deep series lead industry standards)

·HANION Diamond Bit: 4,800–6,500 hours (cost-performance advantage)

·International Brands: 6,800–7,200 hours (technology premium)

2.Core Advantages:

·Kingdream: Salt-gypsum adaptability, ultra-deep well stability (<24h local  service response)

·HANION Diamond Bit: Hard formation durability, flexible customization  (15–20% lower cost)

·International Brands: Smart technology (e.g., real-time sensing), full lithology coverage

3.Technical Comparison:

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2-Mining & Geological Solutions

·Air Tricone Mining Bit,

·Air PDC Mining Bit

·Drag Bit

·Steel Blade Bit

·Core Bit

·TSP Ballas Bit

·Tapered Bit

·Deviation Bit

·DTH Drill

·Mining Cutter Bit

·Impact Hammer

 

3-Drilling Components

·Drill Pipe

·Drill Collar

·Reamer

·Stabilizer

·Weighting Device

·Threaded Adapter

·Bit Packaging Box (Drum)

·DTH Drill Packaging Box (Suitcase Style)

·Pick Packaging Box (Suitcase Style)

·Drill Pipe Slip

·Tooth Plate

·Rotary Steerable System Bearing

 

4-Engineering Bit

·Trenchless Bit

·Reverse Circulation (RC) Bit

·Rock Reamer Bit

·Rotary Digging Bit

 

5-Used Products Business

·Used Drill Bits

·Used Drill Pipe

·Used Accessories

·Used PDC Cutters


6-Industrial Chemicals

·Water-Based Drilling Mud

·Oil-Based Drilling Mud

·Copper-Based Brazing Alloy (Phosphorus-Containing)

·Silver-Based Brazing Alloy (Phosphorus-Containing)

·Brazing Flux


Engineering Philosophy
Our Tianjin operational hub embodies three core principles:

·Adaptive Innovation - Real-time field data drives iterative product improvements

·Sustainable Cycles - 78% material recovery rate in tool remanufacturing

·Precision Partnerships - Customized inventory management for 30+ global clients


Contact our engineering team at [email] or explore technical specifications at [WHY US].

Respectfully,
Michael Hanion
Director of Operations
HANION Petroleum Equipment Co., Ltd.
Jinghai Industrial Zone, Tianjin | www.sinohpe.com