An improved free piston assembly for use in combination with a plunger lift assembly is provided. The piston assembly includes a sleeve member, a retention sleeve, and a flow restriction member. The sleeve member has an inner surface defining an opening for the flow of formation fluids. The opening includes a first section and a second section. The retention sleeve is configured to be affixed to the first section of the opening. The flow restriction member is not latched to the sleeve member and is configured to have an interference fit with the retention sleeve. The interference fit provides a force that is sufficient to overcome the force of gravity on the flow restriction member when formation fluid forces acting on the flow restriction member are decreased or removed. The second section of the opening is configured to prevent the passage of the flow restriction member.
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