artificial lift


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artificial lift

[¦ärd·ə¦fish·əl ′lift]
(petroleum engineering)
Any method of lifting oil out of underground reservoirs, usually by injecting gas into the rock or sand formation to force fluids from wells; an example is a gas lift.
References in periodicals archive ?
Release date- 03092019 - Apergy Corporation ('Apergy') (NYSE: APY) was ranked first in a key measure of customer loyalty in the artificial lift industry in a worldwide survey released recently by Kimberlite Oilfield Research.
The seven new patents support key elements of the SCS downhole artificial lift system, such as downhole liquid removal, seal-less downhole systems, downhole magnetic bearing systems, downhole generators, well optimization, magnetic coupling integration and downhole measurement tools.
Fisher said a "gradual improvement in demand" had boosted the division, particularly Oldmeldrumbased artificial lift completion technology firm RMSPUMPTOOLS.
From a cost perspective, the company is raising the midpoint of its LOE guidance by 25c per Boe to account for additional artificial lift costs, and is decreasing its annual G&A guidance by $7.5M, at the midpoint.
M2 PRESSWIRE-July 26, 2019-: Artificial Lift Market Poised to Reach $26.5 Billion By 2025: Grand View Research, Inc
Borets, a global leader in artificial lift systems engineering, manufacturing, sales and servicing, is planning a major expansion in the Middle East, aiming to set up service centres in Saudi Arabia, UAE, Bahrain and parts of Africa.
Summary: Artificial Lift Systems Market Projected to Touch 9.69 Billion USD by 2021CA
Borets, a global leader in artificial lift systems engineering, manufacturing, sales and servicing, plans a major expansion in the Middle East, aiming to set up service centres in Saudi Arabia, UAE, Bahrain and parts of Africa.
[USPRwire, Wed Feb 27 2019] The artificial lift systems market report by MRRSE provides in-depth analysis of the Global Artificial Lift Systems Industry .
TULSA The University of Tulsa and eLynx Technologies have form a new collaboration agreement for research to develop and validate "digital twins" to predict the behavior of wells produced using artificial lift.