New BORS Boosts Stripper Performance

Just when it's needed the most, a new advancement in oil production for marginal or "stripper" wells is being introduced at this year's annual meeting of the Kansas Independent Oil & Gas Association (KIOGA), August 29-31st. Known as the BORS Lift, for "Balanced Oil Recovery System," the new oil lift device is said to triple output from shallow, low-producing oil wells and to cut power costs 99%. Its inventor, Gerald Allen, will present his remarkable invention to the KIOGA delegates.

Some 25% of all US oil is produced from stripper wells, but the high cost of traditional production methods has forced many small operators out of business. The new BORS Lift technology is said to economically produce oil from shallow, low-volume stripper wells (10 b/d or less), creating an opportunity to even bring many closed wells back into profitable production. And, its inventor claims, it is capable of increasing stripper well production an average of 387%, while reducing average production costs from $12/bbl to just over $3/bbl. Moreover, wells pumping as much as 1,000 bbl or more of salt water daily now pull up nothing but oil. By lifting oil rather than pumping, the BORS Lift eliminates conventional rods, tubing, downhole pumps or pumping units, and their related maintenance costs. The device is currently capable of producing from a maximum fluid level of 2,500 ft.

Proponents of the BORS Lift say its most significant effect is its ability to lower the break-even point of extracting a bbl of oil from the ground. Operators of the familiar pump-jacks, which have been an unchanging fixture in the oil patch for more than 100 years, need to sell their oil at over $14/bbl to break even. The break-even sales price of a bbl of oil produced by a BORS Lifts can drop to as little as $3.79 (after new equipment costs).

Even without increased production, the break-even sale price remains about $8.03 per bbl, an improvement that could net an additional $10,000 a year from a five b/d well at just $14.00 per bbl. Units of the BORS Lift are currently in service in five states.

The BORS Lift is a product of Toups Technology Licensing, Inc. of Tampa Bay, Florida.