Jiangsu Haifa Machinery Manufacturing Co., Ltd.

In 2026, the global and gas development model is undergoing a deep iteration. The surge in demand for unconventional oil and gas production is driving a comprehensive upgrade and transformation of oilfield pressure pumping equipment toward high-pressure, electric-driven, and intelligent systems. Market demand for high-pressure pumping equipment continues to be released. According to the latest industry data from Straits Research, the global oil and gas pressure pumping market reached USD 79.4 billion in 2026 and is projected to grow to USD 110.77 billion by 4, with hydraulic fracturing equipment holding the core market share. Regional markets present a differentiated development landscape: North America remains the world's largest market, while the Middle East and Africa, supported by oil and gas infrastructure expansion, have become one of the fastest-growing regional markets. Currently, oil and gas extraction technologies are undergoing continuous innovation. The industry is gradually phasing out traditional diesel fracturing models and comprehensively adopting electric-driven fracturing and intelligent production enhancement technologies. Electric fracturing, real-time operating condition monitoring, predictive maintenance, and high-intensity reservoir stimulation have become the mainstream technology directions. International leading enterprises are accelerating their technology iteration. Halliburton's ZEUS electric fracturing system can stably deliver 5,000 HHP of high power, while SLB continues to intensify R&D on offshore high-pressure reservoir stimulation equipment, leading the industry's high-end development trend. Domestic unconventional oil and gas development is also accelerating, with deep shale gas and shale oil development entering the large-scale production stage. PetroChina's southern Sichuan deep shale gas base has promoted the zipper fracturing process for pad wells, and the Shengli Jiyang shale oil demonstration zone has implemented a high-efficiency balanced fracturing technology system. High-pressure, continuous, and stable fluid delivery equipment has become a core rigid demand for efficient oilfield development. References: 1. National Public Service Platform for Standards Information, "NB/T 11849-2025ale Gas - Fracturing Interference Evaluation Technical Specification," implemented March 2026; . PetroChina, "Major Breakthrough in Deep Shale Gas Drilling Speed in China," 2026-06-; 3. SASAC of the State Council, "PetroChina Southwest Oil & Gas Field's First-Half Natural Gas Production Exceeds 25 Billion Cubic Meters 2026-07-; 4. SASAC of the State Council "Shengli Jiyang Shale Oil National Demonstration Zone Cumulative Production Exceeds 2 Million Tons," 202-05-29; 5. Straits, Pressure Pumping Market Size, Share & Trends, 202–2034; 6. Halliburton, ZEUS® Electric Fracturing Pumping Unit;B, SLB and Equinor Sign Multi-Year Stimulation Agreement for Norwegian Continental Shelf, 2026-08-06; 7. Pressure pumping, oilfield high-pressure pump, hydraulic fracturing pump, high-pressure multistage pump, API 610 Pump, Pressure Pumping, Hydraulicuring Pump, High Pressure Pump, Electric Fracturing, Well Stimulation, Frac Pump, Cementing Pump, Predictive Maintenance, Intelligent Fracturing.