HOUSTON, March 1, 2014—Artificial Lift Company has worked with a major operator to install the first completion with their new generation rigless electric submersible pump system in an Alaska North Slope well. The completion includes a new generation permanent magnet motor, the most efficient in the industry.
Going forward, pump change-outs will be completed in just two or three days through a live well intervention using a slickline unit, lubricator, and crane. Savings over a rig based workover are anticipated to be approximately USD 2 million. To replace the pump in a conventional ESP completion, the operator would have to mobilize a workover rig, kill the well, pull the tubing and the entire ESP system, replace the ESP, and rerun the tubing.
AccessESP is the leading provider of rigless ESP deployment technology for the oil industry. With installations around the world, its unique system addresses the high intervention costs and deferred production typical of offshore, remote onshore, and high-production ESP wells. The technology is compatible with ESP components from all major suppliers. The company is also the recognized leader in permanent magnet motors, an efficient alternative to conventional ESP induction motors.
AccessESP was founded in 2002 in the UK, and is headquartered in Houston, where it conducts joint research and funded technology development projects with leading operators. For more information, visit accessesp.com or email email@example.com.