
Chengdu Lawnpus Technology
Oilfield chemicals and technical solutions for unconventional resources.
Date | Investors | Amount | Round |
---|---|---|---|
* | CNY150m | Series A | |
Total Funding | 000k |
Chengdu Lawnpus Technology Co., Ltd. is a specialized technology firm established in December 2014, focusing on enhancing the extraction of unconventional oil and gas resources. The company was founded by Dr. Ren Shan, a recognized expert in reservoir stimulation. It provides advanced oilfield chemical products and technical services for shale oil and gas, tight oil and gas, and coalbed methane recovery. Its primary clients include major national oil companies in China, such as CNPC, Sinopec, and CNOOC, with services spanning 17 major domestic oil and gas fields.
The company's business model is centered on providing integrated solutions that combine proprietary chemical products with on-site technical support to improve production efficiency, reduce operational costs, and ensure environmental safety. Core technical offerings include solutions for acidification, fracturing, corrosion protection, and oil and gas recovery. Chengdu Lawnpus Technology has established a significant research and development capability, including a joint laboratory with Southwest Petroleum University, to drive innovation in reservoir stimulation. The firm has also started expanding its operations internationally, targeting markets in the Middle East, Central Asia, and North Africa.
Since its inception, the company has secured multiple rounds of funding from notable investors, including a Series A round of 150 million RMB in December 2023 and a Series B round in November 2024 with participation from entities like CNPC Kunlun Capital and Sinopec.
Keywords: oilfield chemicals, gas stimulation technologies, unconventional oil and gas, reservoir stimulation, shale gas, tight oil, fracturing fluids, oilfield services, acidification technology, production enhancement, coalbed methane, corrosion protection, oil recovery solutions, energy technology, petroleum engineering