Northern Area Oil Operations Of Aramco Recognizes Artificial Lift Company For Innovative New RIGLESS ESP Technology

Tanajib, Saudi Arabia – The Northern Area Oil Operations, Production Engineering and Well Services Department of Saudi Aramco have awarded the Artificial Lift Company, an innovative design, engineering and manufacturing solutions provider, the "Outstanding Innovative Idea Award," during the 2009 "ESP Future Outlook" workshop.

ALC received the award for its new technology at the recent ESP workshop, organized and hosted by the operator. ALC was recognized for its innovative RIGLESS ESP System, which addresses some of the issues faced by the industry by allowing the ESP to be installed or retrieved without a work-over rig.

"Globally, the oil and gas industry estimates that 90 percent of existing production wells require some form of artificial lift to continue economic production," said ALC President Geoff Kimber-Smith. "Conventional ESP systems have only limited success in achieving economic production, mainly due to high deployment costs and rig availability. Artificial Lift's groundbreaking RIGLESS ESP system can eliminate this problem; it's a great honor to be acknowledged for our innovative approach by Saudi Aramco."

The Production Engineering and Well Services Department of Saudi Aramco organized the workshop in Tanajib to discuss the current ESP landscape within Aramco assets, successes, lessons learned and challenges it faces. It invited leading ESP suppliers to present new technologies and discuss solutions to their existing challenges.

The ALC RIGLESS ESP system has been deployed successfully several times in West Texas, USA. Production Engineering and Well Services Department of Saudi Aramco is planning to install its first system early in 2010 through the Shoaibi Group, who is also a leading investor in the technology.

SOURCE: Artificial Lift Company