Company Profile

OMAX Oilfield Technology Co. ,Ltd. is a high-tech enterprise focused on the field of oilfield chemical additives, covering product development, production, sales, and professional technical services. The company's main business areas include cementing, oil and gas development, and fracturing acidizing .

The company was established on March 11, 2004, with its headquarters located in Chengdu High-Tech Zone. In August 2015, the company was restructured as a joint-stock company, and on January 11, 2016, it successfully went public on the National Equities Exchange and Quotations (NEEQ), known as the "New Third Board," with stock code 835563 and the abbreviated name OMAX.

OMAX has a team of professional engineering and technical experts with extensive experience in oilfield drilling, cementing, well completion, and research on oilfield chemical agents, system design, and construction operations. Many core members of this team have over 10 years of industry experience. Additionally, the company has engaged professors from universities such as China University of Petroleum, Sichuan University, and Southwest Petroleum University as senior technical advisors.

The company has established a subsidiary in the Southwest Airport Economic Development Zone in Chengdu, as well as various project divisions and oil and gas development centers in Luotai, Xinjiang, Chongqing, Tianjin, Jidong, and Qinghai regions. Furthermore, in Chengdu Shuangliu, the company has a production and research base equipped with physical laboratories, analytical laboratories, synthesis workshops, and dry blending workshops. This facility boasts a complete set of standardized production equipment and testing instruments, covering an area of over 10,000 square meters, with a building area exceeding 5,000 square meters. The annual production capacity for cementing additives is 15,000 tons. The company also established three cement slurry laboratories in Chengdu, Chongning, and Luotai, meeting industry-leading standards according to API specifications. Moreover, the company has collaborated with universities to establish a "production-education-research base" and a "practical teaching base," forming an integrated model of.

The company's oilfield chemical additives mainly include: (1) Well cementing additives, including 18 series of products such as fluid loss reducers, retarders, friction reducers, anti-channeling agents, elasticizers, fillers, accelerators, defoamers, isolators, flush agents, lightweight additives, and weighting agents, totaling more than 40 products. The company's products and technical services cover a wide range of well cementing applications both domestically and internationally (temperature ranging from 0°C to 230°C, density ranging from 0.9g/cm³ to 3.0g/cm³). (2) Fracturing additives, including thickeners for fracturing and carbon dioxide thickeners. (3) Enhanced oil and gas recovery products, including anti-temperature and anti-salinity plugging systems, surface-active agents for improved oil recovery, heavy oil viscosity reducers, and low-temperature oil displacement agents. These products are widely used in major oil and gas fields and engineering sectors, including PetroChina Bohai Drilling, Western Drilling, Chuanyou Shale Gas Field, Dagang Oilfield, Jidong Oilfield, Qinghai Oilfield, Sinopec engineering companies, and Sinopec Northwest Bureau, with excellent application results.

The company possesses multiple leading well cementing additives and cement slurry systems domestically and internationally. It holds 1 international patent for retarders, 13 independent intellectual property product invention patents for fluid loss reducers, friction reducers, and more. The company also owns 11 utility model patents for equipment like low-temperature thickeners and spray drying equipment. The overall quality rate of the company's products and services in the field of well cementing exceeds 75%. In recent years, OMAX has developed advanced well cement slurry systems and products for challenging conditions such as deep and ultra-deep wells, horizontal drilling, deep shale gas, small borehole cementing, high-temperature and high-pressure environments, low-pressure and leak-prone conditions, and extended cementing stages. These innovations include saltwater and freshwater gas prevention, high-temperature, high-density, low-density, extreme temperature differences, high-efficiency pre-flush liquids, elastic cement slurries, resin cement slurries, and foam cement slurries. These products have shown remarkable performance in the field, setting records in terms of well cementing depth, temperature, density, low-density applications, shale gas well depth, longest initial cementing stage, longest horizontal section, and deepest vertical depth both domestically and internationally. Additionally, the company has collaborated with well-known domestic and international enterprises, providing cement slurry additives and technical services in projects such as Shell's Sichuan shale gas project, geothermal wells in South Korea, Iraq, and the Congo, earning consistent praise from international industry leaders like Shell, Korean Petroleum, Malaysian Petroleum, and Gazprom.

The company has the right to engage in import and export operations and serves as a supplier within the material procurement systems of PetroChina and Sinopec. The company has transitioned from a single sales model to a comprehensive engineering technical service model that includes solution design, product support, and on-site services among its domestic peers. With a highly educated, skilled, and talented workforce, strong technical capabilities, and high-performance products, it has become a supplier of additives and a provider of well cementing technical services for various oil and gas fields and regions, including PetroChina Tarim Oilfield, Tuha Oilfield, Jidong Oilfield, Dagang Oilfield, Huabei Oilfield, Southwest Oil and Gas Fields, Weiyuan-Changning Shale Gas Block, Sinopec Tahe Oilfield, Puguang Gas Field, Southern Exploration Branch, Southwest Oil and Gas Branch, Jiaoshiba Shale Gas Block, and Shell Petroleum Sichuan Shale Gas Block, as well as the Badra Oilfield in Iraq, offering comprehensive well cementing solutions to its clients.

The company is classified as an encouraged industry under the national Western Development policy and has been jointly recognized as a "High-Tech Enterprise" by the Sichuan Provincial Department of Science and Technology, Finance Department, National Tax Bureau, and Local Tax Bureau. In 2006, the company achieved ISO 9001 international quality system certification and obtained the "Sichuan Province Quality and Technical Supervision Bureau Standard Implementation" certificate. In 2010, it received government support funds from the Chengdu Hi-Tech Industrial Development Zone as part of a key technology innovation program. In 2013, it passed safety production standardization assessment and ISO 14001 and OHSAS 18001 system certification. In 2014, it received PetroChina's HSE system certification. In 2017, it was awarded the title of "Famous Brand Products" in Sichuan Province. In September 2021, the Chengdu Economic and Information Bureau designated it as a "Chengdu Enterprise Technology Center." In 2020-2022, it was rated as a 5A-level model enterprise for harmonious labor relations in Chengdu. In 2022, the company received national-level recognition as a "Little Giant" enterprise specializing in industry and information technology.

The company's motto is "There is no best, only better," and it is committed to  be a leading and respected enterprise in the international oil field technology development.