An E&P in Texas had a field of 200 rod lift wells that were operating sub-optimally. The Operations team had insufficient tools and time to analyze and optimize their wells fully and consistently. Ambyint’s automated setpoint management functionality determined that over 65% of the wells were overpumping, leading to high electricity consumption, high failure rates, and high operating costs.
The high electricity consumption also causes excess greenhouse gas (GHG) emissions, which if lowered would align with the company’s corporate sustainability goals. Aiming for improved production optimization, the company evaluated solution providers based on the following criteria:
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