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GTMORE Old Oil Well Boosting Technology


Although drilling fluids will remain by far the largest product category, well stimulation and enhanced oil recovery (EOR) chemicals will register the fastest growth. At present, well stimulation chemical demand is heavily concentrated in four countries: the US, Russia, Canada and China. Demand in the US alone accounts for more than half of the global well stimulation market. Over the past decade, Russia has registered exceptionally rapid growth in demand for well stimulation materials, in the process becoming the second largest market in the world -- though still well behind the US. The number of well completions in Canada in 2004 and in 2005 both set all time records and future growth in drilling and exploration activity is expected to remain strong. Among the leading producing nations, demand for well stimulation materials holds strongest growth prospects in China through 2010.

Although oil and gas production is expected to grow more rapidly in other regions of the world, the North American market is expected to be the largest and fastest-growing market for oilfield chemicals. The US and Canada, with older and more developed oilfields, offer a much larger market for chemicals designed to maintain output levels in areas of diminishing well flows.

Cestoil Chemical's GTMORE series products is one of the best well stimulation products in the market. With the strong support of Cestoil Chemical's expertise team, we successfully boost the yield of many wells.