SmartJack™ Oil Flow Compressor (OFC®)

More than 75 percent of all oil wells in the United States are classified as "stripper wells," producing less than 15 barrels per day. Despite their small volumes, they add up. The over 400,000 stripper oil wells in the United States produce, in aggregate, nearly 1 million barrels of oil per day.

These wells also operate on razor-thin economics, and thus are extremely sensitive to oil price changes or swings in operating costs. From 1993 to 2000, about 150,000 of these marginal oil wells were abandoned, costing the nation more than $3.5 billion in lost economic output and leaving about 150 million barrels of crude in the ground.

So any new idea that bolsters efficiencies and cuts costs has the potential to keep tens of thousands of wells pumping and improve the bottom line of thousands of small, independent American producers.

The SmartJack™ Oil Flow Compressor (OFC®) enables a pump jack to flow more oil to the surface with each stroke. The increased production from the beam mounted SmartJack™ Oil Flow Compressor (OFC®) is based upon a basic engineering theory. If the pressure on the formation of a producing well is reduced, additional oil will flow into the wellbore and the wells productivity will increase. It simply works.

At present, the market is embracing our walking beam compressor, the Oil Flow Compressor, which derives its power from existing pump jack equipment. With today's oil and gas prices, the economic benefits of using the Oil Flow Compressor(OFC®) are not only substantial, they are essential.

At Global Oil Flow USA, LLC., we have solved the problems that have plagued walking beam compressors since their inception. We have also developed a business model that makes having an Oil Flow Compresosr (OFC®) installed on your oil wells an affordable and capital-friendly decision.

Increased production will help your well performance and extend the life of your well, feel free to contact us about the beam-mounted Oil Flow Compressor (OFC®) from Global Oil Flow USA, LLC.

 

 

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