Artificial Lift

Exploration & Production , Artificial Lift

E&P Spotlight: Enabling the Vision of Dynamic Gas-lift Optimization

With increased and improved data collection, gas-lift optimization can be automated across the full field and lead to operational discoveries that make an economical lift type even more cost effective.

August 13, 2020

Artificial Lift

Weatherford Inks $15 Million Artificial Lift Deal in Argentina

Weatherford International Plc has been awarded an exclusive two-year, $15 million contract with a major independent operator in Argentina on July 22.

July 24, 2020

Artificial Lift

2020 Artificial Lift Technology Showcase

In this annual technology showcase, Hart Energy highlights the latest technologies from 15 companies and how these service companies aim to address operator challenges while meeting production requirements efficiently.

July 15, 2020

Artificial Lift , Subsea

DeepStar Awards Magnetic ESP Project to Upwing Energy, Mitsubishi

Upwing Energy, an artificial lift technology company, and Mitsubishi Heavy Industries (MHI), one of the world’s leading industrial firms, have been awarded the next phase of the magnetic drive system (MDS) project by DeepStar, a global offshore research and development consortium, on June 24.

June 26, 2020

Digital Oilfield , Artificial Lift , Logistics

Weatherford Production Software Boosts Revenue by $156 Million for Middle East Operator

Weatherford International Plc said June 24 its production optimization software platform increased production by nearly 6,000 barrels per day (bbl/d), boosting revenue by $156 million over three years for a Middle East operator.

June 25, 2020

Artificial Lift , Well Stimulation

mCloud, nybl Partner to Jointly Optimize First 2,000 Oil Wells in Kuwait, North America

Included in this agreement is cooperation with nybl to deliver a joint solution that will connect and optimize an initial 2,000 oil wells in North America and Kuwait. Cooperation on this solution is now underway.

June 24, 2020

Public Capital , Artificial Lift , Mergers

Apergy Completes ‘Alluring’ ChampionX Merger

Apergy and Ecolab announced the transaction, which including the assumption of debt was valued at $4.4 billion, in a joint release last December.

June 5, 2020

Private Equity , Artificial Lift , Acquisitions & Divestitures

Post Oak Energy Capital Cashes Out of OFS Investment

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.

May 11, 2020

Exploration & Production , Artificial Lift

Artificial Lift: Optimizing Lift for Small-diameter Wells

An ESP system features an electromagnetic design and better efficiency as production rates decline.

April 22, 2020

Exploration & Production , Digital Oilfield , Artificial Lift

Artificial Lift: More Production, Less Intervention

Digital intelligent artificial lift technology simultaneously enables enhanced recovery from dual-string gas-lift wells.

April 1, 2020