Artificial Lift

The process of deploying artificial means for increasing the reservoir pressure of a production well.

Lux logo LUX TAKE:

Artificial lift is a critical technology deployed by operators in maintaining oil and gas production rates worldwide. Close to 75% of oil and gas wells require artificial lift at some point in their life cycle. Given the equipment-centric nature of artificial lift, clients should expect primary technology breakthroughs here to come either via service players or via collaborations led by operators...

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