Recon Technology Ltd. (RCON)

Overview

Founded in 2007 and headquartered in Beijing, the People's Republic of China, Recon Technology, Ltd. serves the petroleum mining and extraction industry with a range of hardware, software, and on-site services. The company specializes in providing comprehensive solutions aimed at improving oilfield production and energy industry operations within China. By developing and offering advanced industrial automation control and information solutions, Recon Technology addresses the complex demands of the energy sector, focusing on efficiency, safety, and technological innovation.

Products and Services

Recon Technology's portfolio encompasses a wide array of products and services designed to enhance the productivity and safety of the petroleum extraction processes. These include:

• Equipment for Oil and Gas Production and Transportation: The company supplies heating furnaces, burners, and various other components essential for oil and gas extraction and transportation. Its offerings facilitate the efficient and safe handling of energy resources.
• Improvement Techniques: Recon Technology provides a suite of techniques like packers for fracturing, production packers, sand prevention in oil and water wells, water locating and plugging techniques, fissure shaper, and fracture acidizing techniques. Additionally, electronic breakdown services are offered to tackle issues such as block-ups and freezing, enhancing the operational efficiency of oilfields.
• Automation Systems and Services: These include the pumping unit controller for monitoring pumping units, RTU for gas well monitoring, wireless dynamometers, wireless pressure gauges, electric multi-way valves for flow control, and natural gas flow computer systems. These automation solutions contribute to improved precision and control in oilfield operations.
• SCADA Oilfield Monitor and Data Acquisition System: Recon offers Recon SCADA, a supervision and data collection system designed to optimize oilfield monitoring. The company also provides EPC services for pipeline SCADA systems, oil and gas wells SCADA systems, and oilfield video surveillance and control systems for comprehensive monitoring and data acquisition solutions.
• Digital Oilfield Transformation Services: Technique services are provided to support the digital transformation of oilfields, ensuring that clients can leverage the latest technologies for better resource management and decision-making.
• Waste Water Treatment Solutions and Related Chemicals: Recon Technology offers solutions for treating oilfield waste water, along with the necessary chemicals, helping to mitigate environmental impacts of oil and gas extraction activities.
• Oily Sludge Disposal Solutions: The company provides effective disposal solutions for oily sludge, addressing the challenges of waste management within the oil and gas sector.
• Gas Station Operation and Management Solution: Recon also delivers solutions aimed at optimizing the operation and management of gas stations, enhancing efficiency and profitability.