Presenters
Edward D. Gibson
Chevron U S A , Inc.
Fluid pound has long been a problem with maintaining good run life of the pumping system. The result of fluid pounding is costly and deprives the industry of dollars that can be used to invest in improvements instead of repairs. With the bottom line decreasing, how can each operator remain in business and stay profitable? The cost of making that extra barrel of oil may be greater than the revenue received.