18:11 | 03.12.2009
Northern Area Oil Operations of Aramco Recognizes Artificial Lift Company for Innovative New RIGLESS ESP Technology
The Northern Area Oil Operations, Production Engineering and Well
Services Department of Saudi Aramco have awarded the Artificial Lift
Company, an innovative design, engineering and manufacturing solutions
provider, the “Outstanding Innovative Idea Award,” during the 2009 “ESP
Future Outlook” workshop.
ALC received the award for its new technology at the recent ESP
workshop, organized and hosted by the operator. ALC was recognized for
its innovative RIGLESS ESP System, which addresses some of the issues
faced by the industry by allowing the ESP to be installed or retrieved
without a work-over rig.
“Globally, the oil and gas industry estimates that 90 percent of
existing production wells require some form of artificial lift to
continue economic production,” said ALC President Geoff Kimber-Smith.
“Conventional ESP systems have only limited success in achieving
economic production, mainly due to high deployment costs and rig
availability. Artificial Lift’s groundbreaking RIGLESS ESP system can
eliminate this problem; it’s a great honor to be acknowledged for our
innovative approach by Saudi Aramco.”
The Production Engineering and Well Services Department of Saudi Aramco
organized the workshop in Tanajib to discuss the current ESP landscape
within Aramco assets, successes, lessons learned and challenges it
faces. It invited leading ESP suppliers to present new technologies and
discuss solutions to their existing challenges.
The ALC RIGLESS ESP system has been deployed successfully several times
in West Texas, USA. Production Engineering and Well Services Department
of Saudi Aramco is planning to install its first system early in 2010
through the Shoaibi Group, who is also a leading investor in the
technology.
About ALC
Artificial Lift Company is a leading artificial lift service company
based in the United Kingdom, co-founded by Geoff Kimber-Smith, that
develops and delivers innovative and cost effective artificial lift
systems to the oil and gas industries.
To learn more, please visit www.alcesp.com.
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