Pioneering artificial lift: Artificial lift coaxes oil to the surface, stimulates production, and extends a project's lifespan by up to 10%

摘要

Artificial lift methods continue to be crucial for optimizing oil production, sanctioning projects, and determining asset profitability. In fact, according to the Society of Petroleum Engineers, more than 80% of the world's oil wells are on some kind of artificial lift. Among the oil majors, only Shell operates more than 4,000 artificially lifted wells. Innovative lift designs and new applications guide the way to extending asset lives and maximizing project performance.