Technical Exchange between CNOOC and Sichuan DeepFast

On March 18, 2025, executives from China National Offshore Oil Corporation (CNOOC) visited Sichuan DeepFast Oil Drilling Tools Co., Ltd.(hereinafter referred to as "DeepFast") for technical exchange. The two parties conducted in-depth discussions on technological innovation and field applications of critical products including drill bits and downhole motors.

During the technical communication meeting, Sichuan DeepFast presented its innovative design concepts and field application cases of drill bits for hard formation of deep well in recent years, along with the field performance and achievements of its self-developed high-torque, high-temperature-resistant downhole motor. Both sides engaged in constructive discussions regarding the adaptability and reliability of drill bits and downhole motor for complex deep-sea formations. The CNOOC delegation highly commended DeepFast’s independently developed high-temperature-resistant directional drilling tool assembly (downhole motor and drill bit).

Following the technical exchange, the CNOOC delegation conducted an on-site inspection of intelligent production line of DeepFast, observing manufacturing workshops for drill bits, downhole motor and other downhole tools. This visit and exchange activity has laid a solid foundation for future cooperation between the two parties.