Post Oak Energy Capital affiliate Balcones Energy Holdings, in partnership with certain individual investors, sold the equity interests in Precision Compression Services in an all-cash transaction.
An ESP system features an electromagnetic design and better efficiency as production rates decline.
Digital intelligent artificial lift technology simultaneously enables enhanced recovery from dual-string gas-lift wells.
Today’s featured 25 Influential Women in Energy honoree is Shauna Noonan, director of artificial lift at Occidental Petroleum Corp. and president for the Society of Petroleum Engineers.
The new method uses the co-injection of gas and liquids to perform the actual artificial lift, removing downhole equipment from the equation.
Ambyint, the leader in AI-powered production and artificial lift optimization, has appointed Blake McLean to its executive leadership team as CFO.
Ambyint, the leader in AI-powered production and artificial lift optimization, revealed on Feb. 4 a $15 million Series B funding round led by Cottonwood Venture Partners with additional investment from Mercury Fund and Ambyint’s management team.
A new downhole safety valve will create an improved well control tool for cable-deployed ESPs retrofitted to production wells.
Along with technical sessions, conference panels and networking events, new technologies will be one of the major highlights of the show.