ODESSA, TEXAS, April 17, 2014 — An Artificial Lift Company (ALC) rigless ESP system that was successfully pulled from and reinstalled in a ConocoPhillips West Texas well has been in continuous service for more than 180 days. This project is testing the durability of the fourth-generation system and hence its suitability for producing wells in Alaska, north of the Arctic Circle.
This unique, through-tubing, slickline-conveyed system is compatible with industry-standard surface and downhole hardware. it reduces operating costs at remote wells, offshore locations, and sites with challenging conditions by eliminating the need for a workover rig.
“ConocoPhillips is committed to supporting new and innovative technological solutions for oil and gas recovery,” said David Malone, ALC President & CEO. “Production gains and significantly lower intervention costs can be achieved with our rigless ESP technology.”
ALC is the leading provider of rigless ESP deployment technology for the oil industry. 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 firstname.lastname@example.org.