Using Lift IQ service, Schlumberger monitored the ESP operational data for the Caracara Sur field, evaluated the statistical information, and also reviewed production trends, surface and downhole variables, well intervention history, failure cause, and total electric cost and consumption.

Based on this evaluation, Schlumberger used DesignPro software and PIPESIM simulator to optimize electric cost for the ESPs, reducing electric costs by 16% per month across three wells—an approximate savings of USD 79,000 per year. Once introduced to the remaining wells, total savings are expected to reach USD 480,000. This optimization enabled Cepsa to reinvest these expenses in other operational areas and improve overall electrical stability and infrastructure.