# North Petroleum Equipment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/north-petroleum-equipment

- Industry: Oil & Gas
- Headquarters: Daqing, China
- Website: www.bfsyzb.com
- Latest round: Series A (Jan 4, 2026)
- Investors on record: 1

## About

Heilongjiang Northern Petroleum Equipment Co., Ltd. is a Chinese manufacturer specializing in advanced drilling tools and equipment for the oil and gas industry, focusing on enhancing drilling efficiency and operational effectiveness.Founded in 2000 and headquartered in Daqing, China, Heilongjiang Northern Petroleum Equipment Co., Ltd. specializes in drilling equipment for the oil and gas sector. The company has successfully completed a deal in January 2026, raising funds through a Series A round, with a focus on enhancing its product offerings and business operations.Heilongjiang Northern Petroleum Equipment Co., Ltd. specializes in manufacturing advanced drilling tools and equipment tailored for the oil and gas industry. Key offerings include high-frequency torsional impact tools, controllable drilling expansion tools, and wellbore cleaning tools, which are designed to enhance drilling efficiency and reduce operational downtime. These products operate at maximum temperatures of 200°C and axial impact forces ranging from 1500 to 2000 N, serving a diverse clientele such as drilling contractors and energy companies mainly within China.Heilongjiang Northern Petroleum Equipment Co., Ltd. generates revenue through direct B2B transactions with clients in the oil and gas sector, involving specialized drilling equipment such as the DB5-168 wellbore cleaning tool and high-frequency torsional impact tools. The pricing structure is based on the specifications of their tools, reflecting the advanced technology incorporated in their products, linking their revenue to the demand for efficient drilling solutions across various geographical markets.In January 2026, North Petroleum Equipment raised an undisclosed amount of Series A funding from new investor Heilongjiang Keli Capital. The company plans to utilize this funding to expand its product line and develop new tools designed for improving drilling performance. In addition, the company aims to enter new markets, with a focus on regions with significant oil and gas exploration activities, enhancing its presence in the industry by the end of 2026.

## Funding rounds

- Series A, Jan 4, 2026 — Heilongjiang Keli Capital

## Investors

- Heilongjiang Keli Capital (https://capitalatlas.ai/funds/heilongjiang-keli-capital) — Series A