(1)Our company’s independent intellectual property rights LWD system is coming into use.
Based on the MWD and Gamma equipment, nowadays, our company invests so much capital and R&D strength to develop the resistivity while drilling sensor. For a so long time, the civil LWD service is monopolized by the western famous transnational companies. Using the top LWD technology, these companies have got most of the benefit just working for a so little market ratio. This is always the regret for both the M/LWD equipment production companies and the oil-field owner companies. At the same time, because the easier oil reserves is get less and less, most of the old oil-fields desire the LWD technology day by day. At this time, our independent intellectual property rights resistivity while drilling sensor is on the test. Together with the MWD and Gamma service, we have the ability to independent complete the logging while drilling field engineering. Just a few days later, we will break the monopoly of the western companies for this LWD market and bring our customers more and more benefit back.