The invention relates to a novel oil pumping unit which comprises a mule head, a walking beam, a bracket, two high-pressure springs, a cross beam, a connecting rod, a crank, a reduction box and a motor, wherein the mule head and one end of the walking beam are fixedly connected and integrally molded; the middle section of the walking beam is rotatably connected with the top end of the bracket by virtue of a rotary shaft, and the other end of the walking beam is rotatably connected with a bulge at the middle of the cross beam by virtue of a rotary shaft; one end of one of the two high-pressure springs is fixedly connected with one end of the walking beam in a fixing manner, and the other high-pressure spring is fixedly connected with the other end of the walking beam; the other ends of the two high-pressure springs are respectively and fixedly connected with bulges at the top ends of two long plates extending out of the front and rear sides of the bracket. According to the novel oil pumping unit, improving the energy utilization ratio is improved, production benefits are increased, the load condition of a suspension point is improved, the load condition of the motor is relieved, the balance degree is improved and the existence of load torque is eliminated or weakened.