Maximizing the Value of your Assets
There comes a time in the life of every oil well when Artificial Lift is necessary to continue to produce. This is particularly true in unconventional reservoirs where initial production can decline by 75% or more in less than 18 months.
As production declines, the selection of appropriate artificial lift systems is critical to maximizing oil and gas reserves and profitably producing those reserves. The system chosen at each stage of production must be cost effective, reliable AND high-performance to achieve these desired objectives.
Legacy artificial lift systems such as rod lift and to a lesser extent gas lift have become the go-to systems for late life production in today’s horizontal-centric unconventional world.
LateraLift is an exciting new alternative to those systems. Designed to enable each well to be drawn down to its last drop our innovative design minimizes producing bottom hole pressure, increases daily production and maximizes ultimate reserve recovery. When it is time to move on from your inefficient legacy system to keep your well producing: the right choice is LateraLift.
Maximizing Production, Lowering Costs
Scalable and fit for purpose artificial lift positioned inside the reservoir.
Drawing down Reservoir Pressure
The Lateralift pump systems are able to drop down reservoir pressure to less than 10 psi, ultimately enable production to the last drop of oil.
Simple and Reliable
The Lateralift pump system is maintenance free and designed and tested for a 5 year field life, minimizing your total costs of operations and maximizing continuous production.
Infinitely optimizable
Lateralift’s pump leverages artificial intelligence to enable continuous optimization and production maximization through the life of the well.
Installed inside the Reservoir
Vertical? Deviated? Horizontal? Horseshoe? Lateralift fluid powered pumps can be installed anywhere you can reach with production tubing.
Compatible with existing Production systems
Your completion hardware, your production tubing, your surface equipment, your data acquisition. Whatever you use today you can use with the Lateralift pump.
Integrated Standalone installation
When it is time to transition from your current Artificial lift solution the Lateralift installation is simple, cost effective and seamless.
Tested and Proven Technology
Beginning in 2022 the Lateralift pumping system has been comprehensively tested and evaluated through lab tests, system shop tests and field tests at reservoir temperatures up to 300 degF and bottom hole pressures of 5000 psi.
Field Tested
- 10,433 TVD
- BHP: 4180 psi
- BHT: 180 Deg F
- 5.5″ Casing
- Oil well with 50% WC
- Replacing GAPL
System and Lab Tested
- Cyclic fatigue testing of all components
- High Pressure system operations tests of complete pump assemblies
- Material exposure testing and qualification
An Evolution in Artificial Lift 