About Our History
I-CFC Offshore-Onshore Drilling Exploration Ltd is a leading independent oil and natural gas exploration and production company. And it’s among the largest crude oil producer by revenue and the biggest by production volume. The company ranked in the fifth spot on the Global 500 list with roughly $673.06 billion in revenue.
I-CFC Offshore-Onshore Drilling Exploration Ltd, operates businesses along the full length of the oil supply chain, from initial exploration to retail.
The company delisted PetroChina's American depositary receipts (ADRs) from the New York Stock Exchange (NYSE) in August 2022, citing regulatory differences. It also said that the company never used its American listing to raise capital from shareholders.
I-CFC Offshore-Onshore Drilling Exploration Ltd portfolio of oil and gas properties provides stable, environmentally responsible production and a platform for future growth. I-CFC Offshore-Onshore Drilling Exploration Ltd fourth quarter 2022 daily production was approximately 315,000 barrels of oil, about 150,000 barrels of natural gas liquids and more than 1 billion cubic feet of natural gas.
Our business strategy is focused on delivering a consistently competitive shareholder return among our peer group. Because the business of exploring for, developing and producing oil and natural gas is capital intensive, delivering sustainable, capital efficient cash flow growth is a key tenet to our success. While our cash flow is highly dependent on volatile and uncertain commodity prices.
Drilling
I-CFC Offshore-Onshore Drilling Exploration Ltd own and operate a fleet of Offshore and land drilling rigs and have long experience hiring and supplying Offshore and land drilling/workover units from 550 HP to 3000 HP rigs. We also offer additional services with collaboration with our associate partners, including completions engineering, drilling rig operations, production and supply of drilling rigs and equipment, hoisting and operation of drilling rigs, turbines drilling, drilling mud, downhole tools, and motors.
Energy Management
Our ISO: 50001 Energy Management Systems certification sums up our approach to a sustainable industry. The first drilling contractor to achieve this certification, it reflects the programme of continuous improvement which is designed to maximize performance whilst minimizing our carbon footprint.
Coring Services
Depending on the circumstances, there may be a requirement for near bit stabilizers as well as outer core and inner core barrel stabilizers. The core will be cut to determine reservoir engineering properties of the formation rock, like porosity, permeability (water or gas), relative permeability as well as other relevant petro physical and rock mechanical parameters.
Clients & Partners
