Paper: Pumping Well Analysis for Maximum Profit

Operating costs are but a fraction of the price per barrel of oil or cubic feet of gas we sell. In sucker rod pumping, this fraction is extremely critical and can quickly mean the difference between gain or loss to your company or yourself. Your wage or profit is derived from operating expense and gross income; therefore, it behooves each of us to properly manage operating costs so that the returns will not only come to our company but also to ourselves. A constant program of well analysis employing understanding, prudent practices and applied techniques is necessary. Presented herein is a program of managing pumping wells with case history results. Even though, a specific program is discussed, it will apply with certain modifications to any company.