Across a field of rod lift wells, 75% have controllers set to overpump. Unnecessary compressive strokes mount over time materially lowering mean time between failure (MTBF) rates without yielding additional production volumes. How much MTBF improves is traditionally difficult to ascertain as analysis requires time collecting data across multiple lifespans between failures. Analysis challenges also come from distinguishing the impact of fewer strokes on failure rates versus other variables, such as chemical treatments or improved well design.
It’s definitely challenging, but it isn’t impossible. We know because we’ve done it. Every well is different and to understand the impact of any action on a well, it is important to compare lifespans that isolate the variables requiring measurement. It is a data-intensive process that requires patience and the right methodology.
With our production optimization solution on thousands of wells across different basins for many years now, Ambyint has shown it can lower strokes on average by 24%, which leads to an average MTBF improvement of 35% on rod lift wells. Our methodology, independently verified, isolates Ambyint optimization actions against other well actions providing a clear picture of well performance impacts.
Proving MTBF improvements are part of our value delivery model. In fact, we just completed analysis for a relatively newer customer who has seen a 28% improvement. As our solution gets longer runtimes on these wells that number will rise. With the industry focus on well margin improvement, it’s difficult to ignore these kinds of results. Are you?
To learn more, register to attend our upcoming webinar on March 10th here.