A study of a mature onshore field with more than 70 rod-pumped wells found several ways for improving pumping operations. The profitability of rod pumping is a direct function of the energy ...

A pilot project on a portable variable-speed-drive and load cell for obtaining counterbalance effect (CBE) data in the Duri steamflood improved the sucker-rod pumping efficiency from wells that had ...

A young Lufkin manufacturing subsidiary company, PID Energy, under the parent company, PID Group Inc., unveiled the pumping unit it will build at its facility on Southpark Drive. Scott Slusher, CEO of ...

Sucker rod pumping systems are a well‐established artificial lift method in oil extraction, valued for their mechanical simplicity and reliability. However, these systems operate under complex ...

A Lufkin company will soon begin building oil pumping units with components made solely in the United States. PID Services, Inc. is launching a new branch, PID Energy, to manufacture oil and gas ...

Artificial lift is a process used on oil wells to increase pressure within the reservoir and encourage oil to the surface. When the natural drive energy of the reservoir is not strong enough to push ...

Lufkin Industries Inc. has agreed to buy substantially all of Quinn's Oilfield Supply Ltd. for $303 million in cash. Quinn’s, of Red Deer, Alb., manufacturers specialty oilfield pumps, and is among ...

Lufkin Industries reported Monday that it has completed its acquisition of Schlumberger N.V. (NYSE: SLB) unit North American Land Rod Lift Business. “The real winner in the combination are the ...