Today, we bring you the touching story of Kingdream people’s hard work and dedication behind “the first drill bit introduced and built by Kingdream”.
This drill bitBorn on May 29, 1983 It records the older generation of entrepreneurs carrying forward the Daqing spiritSelf-reliance and hard workWith full of passion and high moraleRely on your own strength and wisdomA qualitative leap in technological modernization has been achieved!
This drill bitIt is the first drill bit introduced by Kingdream to roll off the production lineIt marks the end of China’s history of relying on imported drill bits to dig deep wells.Made indelible contribution to the development of China’s petroleum industry!
This drill bitSounded the clarion call for the progress of China’s petroleum industryThe glory of the past, the monument of today,Jiang Zuan will never forget, and history will never forget!
Today, let us follow the lens of time and travel through the time tunnel to learn about the first drill bit produced by Kingdream using advanced foreign technology, and follow the thread of memory to review those unforgettable years.
Steel-framed factories were erected in the reed marshes.
In the 1960s, my country’s petroleum industry began to gradually enter a period of rapid development, and efforts in oil exploration and development continued to increase.

In early 1969, the Ministry of Petroleum Industry submitted a report on organizing a petroleum exploration campaign in the Jianghan area of Hubei Province to the CPC Central Committee and the State Council based on the oil exploration prospects and geographical location of the Jianghan Basin . On August 1, 1969, the Jianghan Oil Exploration Campaign Command (renamed the “May 7 Oilfield Campaign Command” in November) was formally established, and the Jianghan Oil Campaign kicked off. Tens of thousands of oil fighters, full of enthusiasm to devote themselves to the oil industry, set foot on the strategic hinterland of Jianghan. The dormant Yunmeng Ancient Lake has since been boiling.

In 1972, in order to meet the needs of oil exploration and development for drill bits, the First Division of the 57th Oilfield Campaign Command began intensive preparations for factory construction in accordance with the Ministry of Fuel and Chemical Industry’s instruction to “establish a rotary drill bit experimental factory in Jianghan Oilfield.”

In 1973, the drill bit company composed of 139 Jianghan drill workers served as the vanguard. They gave full play to the entrepreneurial spirit of “if there are conditions, we will do it; if there are no conditions, we will create them” and set about establishing a rotary drill bit experimental factory – Jianghan Drill Bit Factory, with only 4 simple workshops and 12 ordinary lathes. The new site was chosen at the former Shayang Farm Horse Farm. The new site was surrounded by tracts of reeds, 18 low-lying swamps, and swarms of mosquitoes and flies. They cleaned horse manure together during the day, moved stones and unloaded sand at Hongqi Wharf at night, dug ditches and filled ponds, built roads and repaired houses, and moved equipment…

The factory construction work was in full swing, and the trial production of drill bits started with difficulty. In that era of struggle, in that time of dedication, in that swamp full of reeds, the founders of Kingdream used their hands that had held steel guns, handled brake handles, and drawn blueprints to change the old appearance of this place and paint a beautiful new chapter.
Time flies, and God rewards hard work. Five years later, Kingdream people have not only built a specialized factory of a certain scale to produce ordinary steel-tooth drill bits, scraper drill bits and coring drill bits, but also won a golden medal from the National Science Conference for their success in developing new insert-tooth, sliding and jet drill bits.

Technology introduction makes “imported drill bits” a thing of the past
There is a popular saying in Jiang Zuan: “It is better to accompany ginkgo with golden peach”. There is actually a history behind this sentence. On September 18, 1985, at the completion ceremony of the Kingdream introduction and reconstruction project, a ginkgo grown in Qianjiang, Hubei Province, and a walnut tree, the state tree from Texas on the other side of the ocean, were presented by the then Vice Governor of Hubei Province Guo Zhengqian, Vice Minister of Petroleum Li Tianxiang and Hughes President Kessler planted the seeds together with their own hands.


Back in the late 1970s, China implemented reform and opening up. In order to solve a series of problems affecting the national economy and people’s livelihood, the country has successively started to organize the introduction and construction of a number of major projects. In February 1979, Comrade Deng Xiaoping visited the United States. When he visited the Hughes drill bit production line, then-US President Carter gave him a toothed three-cone drill bit. He handed this special gift to Kang Shien, then Vice Premier of the State Council and Director of the State Economic Commission. Oil, the blood of national economic construction, touched the hearts of the party and state leaders.

In order to change the backward technology and passive development of technical equipment of my country’s oil drill bits, the Ministry of Petroleum decided to introduce the technology of Hughes, the world’s top drill bit manufacturer. At that time, Wang Qilin, the then director of the drill bit factory, judged the situation and immediately decided to strive for the qualification of technology introduction based on Jianghan Drilling. She immediately organized a capable work team to study the introduction plan, put forward a technical demonstration report, and led the team to Beijing for several reports and defenses, and accepted the questioning and evaluation of senior management and experts. Hard work pays off. In 1981, after a high-level debate, the introduction project signed by the Premier of the State Council fell on the shoulders of Jianghan Drilling. On November 11, the agreement on the introduction of three-cone drill bit manufacturing technology of Hughes Company of the United States to rebuild Jianghan Drill Bit Factory was formally signed. China’s reform and opening up has given Jianghan Drilling a good opportunity to spread its wings and take off.

Build a world-class factory and produce first-class drill bits. With this firm belief, Kingdream people set up a decisive battle. During the period of introduction and transformation of the drill bit factory, Kingdream people knew that if they could not produce products of the same quality as Hughes in three years, it would not only be a loss of face for Kingdream people, but also for the Chinese people. For more than 1,200 days and nights, they translated, compiled and converted various materials weighing 3 tons, selected, installed and debugged nearly a thousand domestic and foreign equipment… The huge project that originally took five years to complete was completed in only three and a half years.



On May 29, 1983, after unremitting efforts and struggles, the first drill bit assembled by Kingdream people was successfully rolled off the production line. When everyone gathered around the steaming hot drill bit, Kingdream was excited and the Kingdream people were proud that China could also produce world-class drill bits. Foreign experts praised the amazing speed of Kingdream people’s creation. Kingdream people once again fully demonstrated the wisdom and strength of the Chinese working class with their actions.

Independent innovation, achieving a huge leap from introduction to leadership
Having tasted the sweetness of success, Kingdream people did not become intoxicated, but instead quickened their pace of progress.In a few years, Kingdream successively won the American Petroleum Engineering Institute “API” certificate, the “Sixth Five-Year Plan” National Advanced Enterprise Award for Technological Progress, and the title of “National Beautiful Environment Factory”, becoming the second “National First-Class Enterprise” in the oil front after Daqing Oilfield. On April 4, 1990, the factory director Wang Qilin was cordially received by Jiang Zemin, then General Secretary of the CPC Central Committee, and other central leaders. It is precisely because of the efforts of Kingdream people that China has ended its long-term history of relying on imported roller bits to drill deep wells and hard formations.

During the 13 years from the full introduction and production in 1982 to the termination of the introduction agreement in 1995, Kingdream greatly narrowed the gap with the world’s advanced level through technology introduction, and produced a total of more than 150,000 three-tooth roller drill bits, ending my country’s long-term history of relying on imported drill bits to drill deep wells and hard formations, and greatly enhancing national self-esteem and self-confidence.

Kingdream people, who are self-reliant and self-reliant, continue to move forward in exploration and have embarked on an innovative path from technology introduction to independent research and development. Kingdream has been rated as a high-tech enterprise in Hubei Province and a key high-tech enterprise in the country. On November 11, 1995, Comrade Li Peng, then Premier of the State Council, inspected Jiang Zuan. Seeing that the factory was well introduced and digested, with a high degree of automation, and the enterprise was full of vitality, I happily wrote the inscription: “Carry forward the drill spirit and continue to climb the peak.” The Prime Minister’s entrustment and expectations are an affirmation of the Kingdream people’s promotion of the petroleum spirit, and are even more inspiring. The motivation for Kingdream people to keep moving forward.

On September 28, 1998, Kingdream was successfully restructured and listed. In 2001, Kingdream’s economic and technical indicators set 13 new records, and the export volume of its leading product, oil drill bits, was 4,100. Xinhua News Agency issued a press release to the whole country: Kingdream has become one of the top four oil drill bits in the world. Kingdream has made a huge leap from introduction to leadership, and has continuously built its brand advantage of “domestic leading and internationally renowned”.

Manufacturing + service, striding forward towards the goal of building a 10 billion enterprise
Time will never freeze at any point in history, and its connotation is updated every minute and every second.
In recent years, the extreme cold market brought by low oil prices and the adjustment of product structure have brought unprecedented challenges to Kingdream. Under the strong leadership of Petrochemical Machinery, Kingdream has vigorously embarked on a new journey of “three entrepreneurships and reshaping Kingdream”. Kingdream people regard the industry reshuffle as a good opportunity to race with and surpass competitors.

Kingdream has been deeply promoting the “two transformations” of service and leanness, accelerating the construction of an “one main and three extensions” industrial structure with the upgrading of integrated drill bit and drilling tools services as the main body, extending to offshore equipment, chemical valves and non-oil fields, constantly building new core competitiveness and bursting out new vitality.

In 2017, Kingdream Company was rated as the first batch of manufacturing single champion demonstration enterprises by the Ministry of Industry and Information Technology and the China Federation of Industrial Economics, and its roller drill bit won the single championship.

Today, as a wholly-owned subsidiary of Sinopec Machinery, Kingdream Company insists on integrating the new development concept into the entire development process of Sinopec Machinery in the “14th Five-Year Plan”, helping Sinopec Machinery become a pioneer force in Sinopec’s efforts to build a world-leading clean energy chemical company.
From the first drill bit that rolled off the production line after the introduction of technology to today, Sinopec Machinery has more new products, new technologies and new breakthroughs. As Sinopec’s only oil and gas equipment and tool R&D, manufacturing and professional service center, it insists on international cooperation and promotes independent innovation. It has more than 800 valid patents, of which invention patents account for more than 20%. It has organized and participated in the formulation and revision of 33 national standards and industry standards, and was approved to establish the “Solid Pressure Equipment Standardization Department” of the National Petroleum Drilling and Production Special Standardization Committee. It has a national certified enterprise technology center, a national recognized professional laboratory, Sinopec Petroleum Machinery Equipment Key Laboratory, a national postdoctoral research workstation, an academician workstation, Hubei Province Petroleum Drilling and Completion Equipment Engineering Technology Research Center, and Hubei Province Tunneling Drill Bit Engineering Technology Research Center.

Petrochemical Machinery focuses on strengthening the comprehensive strength of “manufacturing + service”. Its business covers onshore and offshore petroleum engineering, oil and gas development, oil and gas gathering and transportation, etc. Its leading products include drilling equipment, cementing equipment, drill bits and drilling tools, high-pressure manifolds, well control equipment, fracturing equipment, well repair equipment, special operation equipment, completion tools, ground testing equipment, natural gas compressors, wellheads and ground devices, gathering and transportation steel pipes, marine engineering equipment and tools. It can provide integrated services for drilling and completion equipment and tools, integrated solutions for fracturing operation equipment, oil and gas gathering and transportation booster compressor services, integrated supply of gathering and transportation steel pipes, equipment operation and maintenance, special testing and other services.

Sinopec Machinery will thoroughly implement the world’s leading strategies and the “Six Development Strategies”, take “building great power equipment to support oil and gas development” as its mission, deeply integrate the group company’s “one base, two wings and three new” industrial structure, focus on cultivating “single champions”, accelerate the “two transformations”, continue to carry out the “six major battles”, focus on building a “10 billion enterprise”, and comprehensively build an internationally competitive technology-leading oil and gas equipment manufacturing service company, and present a gift to the Party’s centenary with outstanding achievements!