ESP

Halliburton Company today introduced Intelevate™, a new data science-driven platform that helps operators design, build, and operate end-to-end electrical submersible pump (ESP) monitoring solutions. This application can be customized for specific needs. The Intelevate platform from Summit ESP® – A Halliburton Service – seamlessly integrates historical engineering and performance data with active …

A report on ColibriESP technology was presented at the forum “EASTERN SIBERIA ‘2021” by Danila Martyushev, Director of the Department of Innovative Development of JSC “Novomet-Perm”. The advantages of this technology (lowering of equipment on a load-carrying cable) include accelerated installation and dismantling, accelerated lowering and lifting using a geophysical …

Weatherford International plc (NYSE: WFT) announced a Memorandum of Understanding (MOU) with Valiant Artificial Lift Solutions to jointly commercialize, market and service electrical submersible pumps (ESPs). The MOU will accelerate commercialization of the Weatherford ESP, powered by Valiant. Optimized for a wide range of flow applications, the pumps are designed …

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to provide an update on the S-375s delineation well at Sibkrayevskoye oil field. Highlights – Testing of the S-375s well has been …

Tethys Petroleum Limited today announces a corporate update. Electrical Submersible Pump (“ESP”) On June 2, 2017 the Company announced the successful installation of an ESP to significantly boost production from its main oil producing well, AKD-01. The Company is pleased to report that AKD-01 has stabilised and both the well …

Tethys Petroleum Limited today announces that it has successfully completed the installation of an Electrical Submersible Pump (“ESP”) in its main oil producing well, AKD-01. AKD-01 has been producing under natural pressure since first oil in September 2010 and to date has produced approximately three million barrels of oil. Production …

Lift IQ service improves well production and artificial lift equipment performance HOUSTON, March 30, 2017—Schlumberger announced today the introduction of the Lift IQ* production life cycle management service, which offers monitoring, diagnostics and optimization of artificial lift systems in real time. This new service securely collects, transmits, evaluates and interprets …

In 2014 the total annual production from the Salym oil fields in Western Siberia, developed by Salym Petroleum Development N.V. (SPD), made 6.55 million tons (47.1 million barrels). SPD delivered annual oil production plan for 2014 ahead-of-schedule and by the year-end exceeded the planned figure by 4%. SPD production success …

Alexander Kalugin, Geology and Drilling Department, LUKOIL-AIK                                                                          Iskander Kazbulatov, Wireline Engineer, Weatherford                                          Anna Rubtsova, Borehole Seismic Geophysicist, Weatherford Microseismic monitoring is one of the most efficient methods for hydraulic fracturing mapping. Its principle is based on monitoring micro-earthquakes in the strike-slip fault zones at the fracture propagation direction, or …

GE and Lufkin Industries Inc. announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for …