Recon Technology, Ltd. (RCON)

Recon Technology, Ltd. provides automation services and equipment to Chinese oil and gas companies to increase efficiency and reduce costs.

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Recon Technology, Ltd. specializes in delivering comprehensive hardware, software, and on-site services tailored for the petroleum mining and extraction sectors within the People's Republic of China. The company's extensive offerings encompass equipment, tools, and various components essential for oilfield production and other energy industries. Additionally, Recon Technology develops and markets industrial automation control systems and information solutions designed to optimize operational efficiency and enhance productivity across its clients' facilities.

The company's portfolio includes advanced equipment solutions for oil and gas production and transportation, such as heating furnaces, burners, and specialized techniques like fracturing packers, sand prevention tools, and water locating technologies. These innovations address critical challenges in oil well and water well operations, offering effective solutions for blockages, freezing issues, and electronic breakdowns. Recon Technology also provides sophisticated automation systems, including pumping unit controllers, RTUs for gas well monitoring, wireless dynamometers, and electric multi-way valves crucial for flow control in oilfield metering stations.

Headquartered in Beijing, Recon Technology, Ltd. was established in 2007. Beyond hardware and automation solutions, the company offers comprehensive services like SCADA systems for oilfield monitoring and data acquisition, EPC services for pipeline and well monitoring systems, and digital oilfield transformation solutions. Furthermore, Recon Technology is actively involved in providing environmental solutions such as oilfield wastewater treatment and oily sludge disposal, underscoring its commitment to sustainable practices and efficient management of oil and gas resources.

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