As the shale patch enjoys the current upswing in commodity prices and prepares to supply the marginal barrel of demand growth, operators have significantly accelerated the adoption of artificial lift options. Through a mix of primary research conducted with oil & gas operators in the Permian, Bakken, Eagle Ford, and the Rockies, coupled with extensive […]
Shale 2.0: A shift to gas lift
Ever since oil prices plunged in late 2014, operators have had to refocus portfolios and reconsider operational approaches. The portfolio reset has led to growing concentration in the Permian as ADI wrote about recently. Another big shift is occurring in operational approaches as operators tweak “factory drilling” with a data-driven mindset that relies on various […]
Growing Consolidation and New Markets Drive Change in the Artificial Lift Market
Artificial lift is a method of increasing pressure within an oil and gas reservoir to maximize hydrocarbon recovery. Historically, artificial lift was primarily used on wells with insufficient pressure but now in an effort to improve flow rates its use on naturally flowing wells has increased. In total there are ~1 million wells utilizing artificial […]