Canadian Artificial Lift 2021 - Similar companies

Welcome to the Canadian Artificial Lift 2021 Exhibition and Conference where oil and gas exploration and production companies ... will meet artificial lift systems and service providers in Calgary, Alberta to explore the next generation of artificial lift technologies and techniques for use in tight oil and liquids-rich formations in Alberta, BC, and Saskatchewan. The rise in number of mature fields and aging oil and gas wells is estimated to boost the demand for artificial lift systems with the market expected to reach USD 10.3 billion by 2025. In the current oil price environment, production optimization is the leading factor as operators seek cost-effective solutions by adopting efficient and reliable artificial lift methods for wells across North America. New artificial lift systems such as ESPs, Gas Lift, Plunger Lift, PCPs, Hydraulic Piston Pumps and others can handle a wider range of volumes, allow for simpler installations, and work efficiently at variable depths and deviated wells. Operators are looking for system that can operate in low-formation pressures, high temperatures, corrosive environments, high GORs, with telemetry limitations, and offer multiple power sources which are the key factors in evaluating their suitability for wells to enable shale operators to remain competitive, particularly in Canada’s Liquids-Rich formations. read more