As the group’s business fields expand, the R&D, supply and services of supporting oil field supplies and equipment have become an important part in the group’s overall strategy. The group’s Shandong Runfar Petroleum Equipment Technology Co.,Ltd. is a petroleum equipment manufacturer that integrates R&D, production, sales and service into one. The company has jointly established a scientific research institute with Xi’an Shiyou University, and gathered a group of high-quality R&D and management talents. It holds a number of patented technologies. At present, the company’s main products include new-type oil field rod-less pumping series, power-saving box for traditional beam-pumping units, etc. Their range of application: plumb wells, directional wells, horizontal wells, low yield wells, and gas wells that need liquor drainage.

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