In 2003 a major E&P operator broached their concern about the negative economic impact of ESP well interventions on remote land and offshore wells. Their concern was clear: costly well interventions for ESP changeouts caused lengthy downtime and greater production deferrals.
We set out to change that.
We worked to understand their needs and create a new generation of thru-tubing slickline/wireline retrievable ESP system. Our system provides full bore access to the lower completion when the ESP is retrieved, and it’s fully compatible with surface and downhole equipment from ESP suppliers.
Our hard work has paid off — we save each client more than $2 million on average per ESP changeout operation.