PITTSBURGH, March 20, 2020 /PRNewswire/ -- Production equipment used to extract gas and oil from downhole wells is subjected to constant wear and tear. Fortunately, an inventor from Bakersfield, Calif ...

Linear-motor driven plunger pumps are most efficient at transforming mechanical energy to hydraulic work in low-producing and highly deviated wells. Linear-motor driven plunger pumps (LMDPP) are most ...

Lufkin Industries, which is backed by KPS Capital Partners, has acquired Schlumberger’s Rod Lift Business, a provider of rod lift products and services in North America. No financial terms were ...

NEW YORK, May 1, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to acquire the Lufkin rod lift solutions business ("Lufkin" or the ...

Key insight: All lift systems target the same physics: reduce mixture density or add head so that nodal balance at the wellbore yields the desired rate. 2.3 Select lift method aligned to fluid, depth, ...

Lufkin Industries has acquired the Schlumberger N.V. unit North American Land Rod Lift Business. Lufkin Industries reported Monday that it has completed its acquisition of Schlumberger N.V. (NYSE: SLB ...