Presenters
Ronald Foshee, Parkersburg Rig and Reel Co.
The counterbalance problem is one of application, which is caused by the lack of knowledge on the part of the operating personnel as to the importance of proper counterbalance, and/or a program to assure proper application of this counterbalance. Further, the problem and need is present in each beam type sucker rod pumping system. The magnitude of these problems are realized when you consider that in excess of 80% of the world's pumping systems are of the beam type. Eventually, each person concerned with production of oil will be forced by necessity to solve in some manner his individual needs in relation to counterbalance.