Compared to conventional ESP, our rigless ESP runs inside the production tubing. It utilizes a standard wireline or slickline winch with a 5-ton capacity to replace the ESP, eliminating the need for a rig to pull out the ESP.
With our solution, we bring:
Conventional ESP MTBF is 3-5 years, while the average well life is 15-20 years with 4-6 workovers done. Using our rigless ESP system, the initial installation cost is slightly higher, but cost savings can be seen right from the first workover. The more workovers are done, the more savings can be achieved, up to an average of 40%.
