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Flowco Production Solutions shares a timely snapshot, or communication if you will, about some of the big announcements we have during the quarter. We send an opt-in newsletter only once during each quarter so as not to overload your inbox. We hope you enjoy the information in our articles and keeping up with Flowco as we grow and “optimize”. The archives of any communication you might have missed resides here.
As we move into 2024, we also would like to reflect on 2023 as it was a great year for Flowco Production Solutions. In case you missed it, here’s what we were up to last year.
NitroGEN® generation offers unrivaled fluid recovery rates to start or resume well production faster and more economically. Flowco has the largest pressure and volume-producing units with the highest purity in the oilfield industry.
With state-of-the-art manufacturing facilities in Houston and Fort Worth, TX we build high-end downhole and surface equipment with a laser focus on quality and consistency. We build, test, and record test results of our artificial lift offerings all in-house.
The operator identified a horizontal well candidate located in the DJ Basin, a geologic structured basin in Northern Colorado. The candidate was previously on a gas lift system that struggled to maintain injection due to excessive slugging. The APEX controller has advanced gas lift optimization features built-in, including downhole gauge management.
The introduction of gas-assisted plunger lift wells (GAPL) and plunger-assisted gas lift wells (PAGL) for cost-effectively extending the life cycle of the well and minimizing the gas injection requirements has plunger lift experiencing increased popularity as a lift option.
The main constraint in a gas lift system is a limitation on injection volume and surface injection pressure due to the packaging and compressor capabilities available. In an ideal world, the system would have unlimited injection gas volume and unlimited injection pressure.
At the Southwestern Petroleum Short Course Flowco Production Solutions announced the immediate availability of the APEX Multi-Well Controller, giving oil and gas operators a data-agnostic production technology to optimize their well pads for gas-lifted, plunger-lifted, and GAPL (gas-assisted-plunger-lift) assets.
In a lower oil price environment, the industry shifts its priorities from major capital projects such acquiring and drilling new assets to refocus on maximizing the value derived from operating existing wells. Leading North American oil and gas operator, Ovintiv Inc. (formerly Encana) has consistently focused well operations on hitting “type curve rates” or optimizing production rates against well-managed CAPEX parameters.
The absence of accurate and reliable data for artificial lift systems creates significant operational inefficiencies and puts artificial lift systems and the reservoir at risk, which could result in costly downtime. Lack of actionable information could also lead to wasted injection gas for gas-lifted assets, overall higher production costs, and non-optimized production rates.
Recently, Flowco Production Solutions opened a new gas lift manufacturing and warehousing facility in North Houston to better serve our US and Canada customer base. The new layout optimizes workflow and reduces work-in-process, allowing for better control and tracking of orders. This investment increased the facility’s overall footprint from 18,000 sf to over 35,000 sf, improved cleanliness and workflow, and increased production capacity. This growth allows us to better serve our customers.
Training and continuing education are crucial elements of the oil and gas industry. Professionals in the office and in the field can engage in and benefit from various training courses throughout their careers. At Flowco, we take pride in providing quality artificial lift training programs taught by experienced subject matter experts. We offer in-person and online training to qualified industry professionals in gas lift and plunger lift.
Recently, Flowco was awarded a patent for our GAPL algorithm for our gas-assisted plunger lift method and control. The patent number is 11,448,049. We use this algorithm in our automation and control systems technology to optimize lift efficiency. While others are supplying the industry with tools, Flowco is leading.