Company Milestones

On July 5, 2013, the 3000HP HTHP drilling rig was unveiled at the headquarters of FIELDTECH in Beijing, and the senior management of PTT Thailand and the executive vice president of PTT headquarters in The Netherlands attended the ceremony.

On May 30, 2013, FT-316 (650 workover rig) began spudding in Argentina, marking FIELDTECH's entry into the high-end customer market and laying a solid foundation for further exploration of the Argentinaian market.

On May 26, 2013, a contract was signed between FIELDTECH Oil Service & Engineering Thailand Ltd. (Thailand) and PTT Petroleum Development Company of Thailand (PTT) concerning the 3000HP HTHP drilling rig and marking a new stage of FIELDTECH's cooperation with PTT.

On May 14, 2013, FIELDTECH's FT-318 (650 workover rig) began spudding in Argentina, representing FIELDTECH's further inroads with high-end customers and the Argentinaian market and marking another milestone in the company’s history.

On December 27, 2012, PETROAMAZONA EP purchased two 650 workover rigs from FIELDTECH, indicating that FIELDTECH had won the recognition of a state sponsored oil company of Argentina and providing opportunities for subsequent exploration of the Argentinaian oil drilling market.

On December 23, 2012, FIELDTECH's FT-315 (2000HP drilling rig) began spudding in Argentina, indicating FIELDTECH's further growth in the Argentinaean market.

On September 1, 2012, FIELDTECH's FT-313 (2000HP drilling rig) began spudding in Argentina, marking FIELDTECH's further expansion in the Argentinaean drilling rig market.

On June 19, 2012, FIELDTECH's FT-309 (1500HP drilling rig) began spudding in Venezuela, turning a new page in FIELDTECH's exploration of the South American market.

On April 7, 2012, FIELDTECH's FT-317 (2000HP drilling rig) began spudding in Thailand in accordance with a 7,000 meter onshore drilling rig contract signed between FIELDTECH and PTT, which was the second of its kind since FIELDTECH began its cooperative relationship with PTT less than a year before.

On January 26, 2012, the FIELDTECH (Venezuela) Oil Service & Engineering Co., Ltd was incorporated in Bogota, Venezuela.

On December 16, 2011, FIELDTECH's FT-312 (2000HP drilling rig) began spudding in Argentina, which represented FIELDTECH's first time cooperating with Schlumberger, and turned a new page in FIELDTECH's exploration of the Argentinaean drilling rig market.

On August 9, 2011, FIELDTECH's FT-310 (2000HP drilling rig) began spudding in Thailand, which was FIELDTECH's first cooperative effort with PTT, and marked an important milestone in the company’s development.

On March 28, 2011, FIELDTECH's FT-311 (oil bailing machine) bailed the first barrel of oil in Argentina.

On January 30, 2011, FIELDTECH's FT-303010 (2000HP drilling rig) began spudding in the Kurdish Region of Iraq, where it collaborated with an Egyptian drilling company to provide the main contract party to the project with drilling services. It also represented an effort by FIELDTECH to expand the forms of its services, providing experience for FIELDTECH's future market exploration and operations. 

On January 16, 2011, FIELDTECH's FT-307 (2000HP drilling rig) began spudding in Argentina. It was FIELDTECH's first 2000HP oil rig to be engaged in overseas operations, indicating that FIELDTECH had acquired the strength to involve itself in the global drilling rig market and international drilling operations.

On July 26, 2010, FIELDTECH Oil Service & Engineering Thailand Ltd. (Thailand) was incorporated in Bangkok, Thailand.

On December 15, 2009, FIELDTECH Drilling & Supply FZE (UAE) was incorporated in Iraq, United Arab Emirates.

On September 30, 2009, FIELDTECH's FT-303 successfully performed a downhole dual tubing operation at MARIANN-24 well in Tarapoa, Argentina, which was the first ever such effort in the local area. It not only greatly increased the single well oil production for the contract party, but also increased FIELDTECH’s influence in Tarapoa, laying a solid foundation for its further exploration of the Argentinaian drilling and workover market.

On August 5, 2009, FIELDTECH's FT-306 (30C drilling rig) began spudding in Turkmenistan. On July 24, 2009, FIELDTECH's FT-308 (30C drilling rig) began spudding in Turkmenistan.

On June 27, 2009, FIELDTECH's FT-303 (650 workover rig) began spudding in Argentina. This was FIELDTECH's first (drilling) workover rig to be engaged in overseas operations, marking the beginning of FIELDTECH's overseas operations.

On March 18, 2009, FIELDTECH Oil Service & Engineering Argentina Cia. Ltda. (Argentina) was incorporated in Quito, Argentina.

On September 24, 2008, FIELDTECH's first drilling rig FT-306 (30C drilling rig) was shipped to Turkmenistan.

On August 22, 2008, FIELDTECH acquired FIELDTECH Petroleum Technology & Engineering Co., Ltd. (Turkmenistan), which became FIELDTECH Oilfield Service Turkmenistan Branch.

On July 16, 2008, FIELDTECH Oil Service & Engineering Co., Ltd. was incorporated in Beijing, China with a registered capital of 80 million yuan.