Playbooks

Artificial Lift Techbook 2019

Issue link: http://yearbook.epmag.com/i/1093570

Contents of this Issue

Navigation

Page 42 of 59

Impr o ving ROI on Shale W ells ( 2 8 1 ) 4 4 6 - 8 0 2 0 // I N F O @ L P S U S . N E T // L P S U S . N E T LPS products have resulted in a signifi cant reduction in tubing leaks and rod failures while increasing overall production on shale wells. Results in graph depict a two year trial when using LPS Lined Tubing. WITHOUT LPS TUBING WITH LPS TUBING 1.47 .06 Key to improving ROI on shale wells is maximizing production in the initial stages and having substantially reduced operating costs during the long-term tail production. For the past two years, LPS has developed innovative products and services to focus on both aspects of shale production and we've identifi ed two key areas where LPS products have impacted production and operating costs in shale wells. 96% Reduction in leaks TUBING LEAKS OVER 2 YEARS Contact us to learn how LPS can increase your ROI, or visit us online at www.lpsus.net to review our case studies. Rod pumping is either used initially or as part of a conversion strategy from Gas Lift or ESP during the later stages of the well. Using LPS continuous rod product, a number of these companies are able to get an extra 10% incremental production due to reduced friction and increased fl ow. Tubing Leaks and Rod Failures are two of the primary reasons for well failures. Several case studies have shown as much as a 5X reduction in tubing leaks and a signifi cant reduction in well failures. Managing Decline Reducing Operating Costs

Articles in this issue

Links on this page

Archives of this issue

view archives of Playbooks - Artificial Lift Techbook 2019