China Petrochemical had 49 patents in future of work during Q4 2023. The patent filed by China Petrochemical Corp in Q4 2023 describes a steerable drilling device with an outer tube, a drill bit joint, a joint drive mechanism for swinging the drill bit joint, and a lower connection mechanism with centralizer, circuit system, and attitude sensor for precise drilling operations. GlobalData’s report on China Petrochemical gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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China Petrochemical grant share with future of work as a theme is 30% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Steerable drilling device (Patent ID: US20230383605A1)
The patent filed by China Petrochemical Corp describes a steerable drilling device with an outer tube, a drill bit joint, a joint drive mechanism, and a lower connection mechanism. The lower connection mechanism includes a connection body, a first centralizer, a circuit system, and an attitude sensor. The joint drive mechanism consists of multiple drive assemblies with push rods that engage with the drill bit joint to enable swinging motion.
Furthermore, the device includes a central shaft with a power generation mechanism, upper and lower turbines, and an electromagnetic stabilization assembly. The upper connection mechanism comprises a first cylinder and a second cylinder connected to the central shaft, with sensing elements for signal transmission. The design allows for precise control and maneuverability during drilling operations, enhancing efficiency and accuracy in wellbore construction.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
