Haimo Oil & Gas LLC, a wholly owned subsidiary of Haimo, purchased a net area of 5,712.56 acres of oil block from DMK Oil & Gas, LLC (DMK) in the Permian Basin, Howard county, West Texas, USA with a 100% operating working interest.
In May, 2014, Haimo’s new product Compact Full Range MPFM passed the performance and evaluation testing at the reputed third party flow laboratory at NEL, UK.
Haimo acquired Shanghai Qinghe.
By its new purchase of 1,112 acres of shale oil and gas blocks in Texas, Haimo becomes the first Chinese private enterprise to have a 100% controlling and operating interest in a US shale oil and gas block.
Haimo entered the exclusive fracturing equipment manufacturers circle by its 57% buy-out of the shares at Lanzhou Chenglin Oil Drilling Equipment Co. Ltd. .
Haimo also entered the new South America market by its 51% acquisition of the shares at Oilfield Services & Supplies SAS (OSS), Colombia.
Approved by the Ministry of Commerce, China, Haimo also established its office in the US in the form of its wholly owned subsidiary, Haimo America Inc., incorporated at Houston, Texas, USA.
A new company, Haimo Oil & Gas LLC was also set up in the US as the wholly owned subsidiary of Haimo America, Inc.
Haimo acquired 10% rights of the shale oil and gas reserves in the Niobrara, Colorado block of Carrizo Oil & Gas, Inc, a US company. This was a milestone in the Chinese private sector too, as Haimo thus became the first listed company from the Chinese private sector to enter the booming US shale oil and gas market.
Haimo’s new technology wet gas meters passed the performance and evaluation testing at the reputed third party flow laboratory at NEL, UK.
Haimo Oilfield Services Co. Ltd., China successfully completed the drilling of the first horizontal well in the Changqing oilfield.
The discharge and flow-back testing device was successfully developed by Haimo company. The new product got through acceptance tests and accepted by the expert group of CPNC.
On the 20th of May, 2010, Haimo was listed on the Shenzhen GEM stock exchange with stock code 300084 and thus became a public listed company.
CNLC China applied the Haimo multiphase flow meter for their exploration testing campaign in Algeria. This was the first time the Haimo meter was used for exploration testing.
On December 11th,Shaanxi Haimo was founded in Xi’an.
The Haimo Low Production Tester (LPT) was successfully manufactured for a customer’s marginal fields application and passed the site acceptance tests under very tough conditions of extreme 3-phase low flow measurement.
The company designed and constructed the HPHT Multiphase Flow Meter, in accordance with API 6A standard, which could withstand 5000 psi pressures and was made of duplex stainless steel. The HPHT Multiphase Flow Meter has put into service with Geoservices S.A. of France on their global projects. As per confirmation from DNV, ABS and other authorities, this was China ‘s first constructed and exported API well equipment made for such high pressures and in this high grade material. It was a milestone of technology development in the history of China’s manufacturing sector specific to the well equipment.
The first Haimo Mobile Multiphase Well Testing business model successfully applied at PDO, Oman, with hundreds of well tests being completed. It was the biggest technology services export project in the history of Gansu province.
Approved by the State Council, the first overseas Haimo subsidiary, “Haimo International FZE” was founded in Dubai, United Arab Emirates.
MFM2000 series of multiphase flow meter was batch used in CNOOC projects .This scope of supply involved CNOOC of China and ConocoPhillips and KMG Corporation of the USA.
Royal Dutch Shell organized a multi-vendor qualification trials to compare the performance of the multiphase meters in the market. The Haimo MFM2000 series multiphase meter defeated other competitors and was victorious, and further approved for use at Petroleum Development Oman (PDO), the national oil company as well as the Shell JV in the Sultanate of Oman.
The first export to the Sultanate of Oman for the MFM2000 series multiphase flow meter.
Haimo attended the 2nd China International High-Tech Fair and succeeded in attracting venture capital into its finances. Thus it became the first private enterprise which attracted venture investment in the Gansu province. After this, the company was re-named as Lanzhou Haimo Technologies Co. Ltd.
The MFM2000 series multiphase flow meters successfully passed the qualification tests and evaluation on the British National Multiphase Flow Testing facility at NEL (National Engineering Laboratory).
The MFM2000 series multiphase flow meter was firstly adopted in CNOOC (WZ11-4C）project. This was also the very first multiphase flow technology usage in any CNOOC official project.
The third generation product FJ series 3-phase flow meter is developed successfully. Haimo attended the 8th FLOMEKO conference where the meter was first exhibited in an international session. It drew a lot global attention.
The first/second generation product FJ series three-phase flow meters were used in industrial service and passed the acceptance tests at the Tarim Lunan oil field in China.
Haimo Instrument Manufacturing L.L.C was founded in Lanzhou. This was the predecessor of Lanzhou Haimo Technologies L.L.C