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We have integrated two practical technologies into a unique solution that radically simplifies the conveyance of ESPs without the use of a rig.
Our clients maximize the value of ESP wells with significantly lower intervention costs, minimal lost production, and full bore access to the reservoir.
North America Expected to Continue Its Dominance In Artificial Lift Market
In the U.S., 96% of oil wells require artificial lift from the very beginning, and the artificial lift market size is projected to grow at a compound annual growth rate of 9.6% between 2014 and 2019. In October 2014, AccessESP introduced its fourth-generation rigless ESP conveyance system, the Access375, which is designed for challenging and offshore locations. Benefits of this technology include fullbore access to the reservoir, compatibility with all major ESP providers’ equipment (including VSDs [variable speed drives] and pumps), and live well ESP installation and removal using conventional slickline, coiled tubing or a wireline tractor.
-Harts E&P, Artificial Lift Techbook: Key Players, June 2015
Innovation From Smaller Service Firms
Mid-sized and smaller oilfield service firms often lead the charge with new technologies. AccessESP’s ESP deployment system is a fresh approach to a long-proven technology. AccessESP is currently on its fourth generation permanent magnet motor (PMM), which is more than 80% shorter and lighter than its conventional equivalent. The PMM, combined with standard ESP equipment and AccessESP’s wet connect system, allows for rapid deployment and retrieval of the pump assembly using only a crane and slickline.
-Oil and Gas Financial Journal, December 2014
Surviving the Renaissance
As horizontal wells mature in the US, operators will need to determine the best forms of artificial lift for maximum production. There are seven basic types of artificial lift: electric submersible pumps (ESPs), sucker-rod lift, plunger lift, gas lift, chemical lift, progressive cavity pumps (PCPs) and hydraulic pumping systems. Repairing a damaged ESP system can be very costly, said Greg Nutter, vice president of operations and HSEQ for AccessESP. In some cases, such as when the rig is located offshore or when there are permitting issues or issues with rig availability or accessibility, a rigless ESP offers a more cost-efficient solution.
-Harts E&P, Artificial Lift Techbook: Technology Overview, September 2014
A Simple Solution
Increasing the overall value of a well has never been so critical. The artificial lift market will witness substantial growth over the next few years, and ESPs have been a neglected technology due to dated, rig-based, intrusive conveyance methods. AccessESP is changing the way ESP systems are deployed and utilized, in order to make them a more practical option in locations where they were not previously considered.
-Oilfield Technology, April 2015
Halliburton/Baker Hughes Deal Likely to Spur Development of Third Tier 1 Player
CT Financial News caught up with AccessESP President and CEO David Malone, and Vice President of Marketing, Todd C. Wray, to find out more about their critical services for the oil market, their take on the then-proposed Halliburton/Baker Hughes union, and why they would not be worried about the merger.
-CT Financial News, December 2014
Cutting Costs; the Rigless Way
The full potential of ESPs in offshore and remote locations has been limited by the challenges of rig deployment and the inability to access the reservoir without pulling the production tubing. AccessESP has developed a system that makes installation and retrieval of an ESP simple, utilizing a lightweight slickline unit instead of a rig or workover unit to replace the ESP. Slickline retrieval ESP systems are now a highly commercially viable technology, proven in a variety of environments and successfully operating all over the globe.
-EnergyGlobal.com, July 2016
What’s New In Artificial Lift?
The Artificial Lift Company (ALC) has released its new V2 Advantage non-invasive ESP conveyance system. This unique technology further simplifies the ability of an operator to quickly and easily install and retrieve ESP systems on slickline, without a rig. The system is designed specifically for high-value wells, where access to the location is difficult, rig interventions are cost-prohibitive and where subsequent delays in production cannot be accepted. This “rigless” conveyance system combines a robust production-tubing landing string with a side-pocket-mounted downhole wet connector and a high-power permanent magnet motor (PMM).
-World Oil, June 2014
Artificial Lift Advances Boost Industry
The ongoing development of multiple unconventional US plays and their wells’ hyperbolic decline curves have increased the demand for more efficient, flexible and automated artificial lift solutions. Innovation is now broadening some technologies’ applications. Artificial Lift Company’s AdvantageTM rigless ESP system allows the ESP industry to convey and deploy with a crane and a slickline unit, without the need for a workover rig, which is proving to be an ideal solution for remote locations such as onshore Alaska, offshore West Africa, the Middle East and Southeast Asia.
-The American Oil & Gas Reporter, June 2014