The ultra high molecular weight polyethylene (expe) used for lined oil pipe has the characteristics of wear resistance, high corrosion resistance, small resistance coefficient and temperature resistance. By lining the inner wall of API standard oil pipe with expe, through the special process of cold rolling and reducing diameter and pulling into the inner cavity of ordinary oil pipe, and then through heating aging and natural placement, It is a kind of composite oil pipe made by fully filling the annular space gap between oil pipe and liner pipe to form interference connection. The product can effectively prevent the damage of sucker rod or cable to the inner liner in the process of oil well operation. It can not only be used in all oil wells with eccentric wear or corrosion problems of pipe and rod, but also in all kinds of oil, water and gas wells.