Project Name: Downhole Oil & Water Separation Technology and Equipment

Company Name: Research Institute of Petroleum Exploration and Development, PetroChina;

                            Daqing Oilfield Production Engineering Research Institute;

                            PetroChina Dagang Oilfield Company

Standard:  International Advanced Level

Item Number: ECF-2020-SET-1002

The successful research and development of this project will create a new development model for the later development of high water-cut oilfields to increase reserves, reduce consumption and stabilize crude oil production, which is of great significance to the innovative development of oilfield development technologies. The project has achieved block application in Dagang Oilfield, saving 64 million yuan in drilling costs, accumulatively increasing oil by 1848 tons and increasing benefits by 3.7 million yuan.