Scott K. Averett, Austin J. Moran and Steve Gault
OXY USA Inc.
Re-utilization of company owned artificial lift equipment and parts is a common practice among operators and service providers across the industry. It is common practice for operators to resize artificial lift equipment at failure or proactively as economics allow. During resizing activity, it is not uncommon to utilize company owned equipment and inventory to satisfy the hydraulic lifting requirements of the system.
In this paper we share how we leveraged our internal data and along with Q-rod to classify and rank our pumping unit population of over 6000+ wells across our EOR and Unconventional Assets in the Permian Basin. This application was developed using industry standard object-relation database systems, languages, and visualization software. As a result, the project has promoted a company-wide reduction in new purchases of pumping units and motors for the last three years which has supported reducing operating expenses.