Eni Deploys Cutting-Edge Rigless ESP Technology from Artificial Lift Company in Nikaitchuq, Alaska

10/24/2011

HOUSTON, October 24, 2011 — Artificial Lift Company (ALC) announced the installation of the longest rigless ESP string installed to date with its proprietary system.

The completion was landed at 11,500 ft measured depth (3,500 ft total vertical depth) for Eni in the Nikaitchuq oil field in Alaska. Nikaitchuq is the first Arctic project for Eni, with recoverable oil reserves estimated at 220 million bbl.

ALC installed a two-motor rigless ESP system using its proprietary permanent magnet motors and wet mate electrical connectors. The through-tubing system enables the operator to replace the entire ESP string using slickline or coiled tubing instead of a workover rig, cutting costs significantly compared with conventional systems.

ALC’s greatest challenge for this project was the quick turnaround required. Work commenced just five weeks after the contract was awarded, following rapid mobilization from various international locations to meet the deadline for Eni’s first installation worldwide.

“Following the exploration and drilling era, the oil and gas industry is increasing its efforts in the area of production and recovery,” said Alex Kosmala, ALC CEO. “ALC’s rigless ESP retrieval technology eliminates the need for a rig for various ESP failure related workovers, saving companies millions of dollars in rig costs and deferred production while waiting for a rig.”

“As ALC grows in Alaska and internationally,” he continued, “we are offering additional lift products and services that make us a first-choice supplier, and we are able to complete even more challenging and complex installations.”


About ALC
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 info@accessesp.com.