The invention discloses a
corrosion resistant and squeezing resistant casing
pipe which comprises the following components by weight percent: 0.15-0.25% of carbon, 0.15-0.3% of
silicon, 0.50-1.0% of
manganese, 2.80-3.20% of
chromium, 0.01-0.05% of
nickel, 0.15-0.35% of
molybdenum, 0.01-0.05% of
vanadium, 0.01% of aluminum and the balance ferrum. In the invention, a small amount of
nickel,
molybdenum and
vanadium alloy elements are added on the basis of 2Cr3Mo oil casing
pipe alloy, so that an
oil well pipe with the strength grade reaching 80KSI / 95KSI steel grade is obtained, furthermore, due to the compound addition of the
nickel,
molybdenum and
vanadium, the temper temperature of the steel is improved, and the lower temperature
impact toughness of the steel is obviously improved; in addition, in the invention, content of the carbon is controlled, and the elements such as
chromium, nickel, molybdenum and vanadium are added and are subject to suitable heat treatment, so that the casing pipe which can
resist the
corrosion of CO2 and chloridion at 120-150DEG C and
resist H2S and squeezing is obtained. Compared with the series oil
casting pipe materials such as low carbon, nickel and molybdenum, the
casting pipe has the advantages that nickel can be saved by 2-3%, molybdenum can be saved by 1-2% and a certain amount of
copper can be saved, thus the cost of the
alloy is greatly reduced. The casing pipe can be widely used for occasions capable of CO2 resistance, H2S resistance and squeezing resistance at the same time, such as
oil well pipes and the like.