Production Plus shareholders retain the majority share of the joint venture, allowing it to continue to market HEAL units to other service outfits and pump manufacturers.
Based on its more than 200 installations in the US and Canada, the company is touting data that show its product has extended the run life of pumps in shale wells by months and sometimes years. Highlighted case studies of multiple wells in different formations claim this longevity has generated production improvements of 40–100% above prior baselines.
How To Smooth a Slug
Saponja said the reason shale producers are plagued with constant slug-induced problems is that horizontal wells are incapable of a consistent flow profile. Instead, they behave like geysers. "You will get a bunch of liquids for a little bit, you get a bunch of gas for a bit, you get a bunch of nothing for a bit, and then the whole cycle repeats itself," he said.