Bakken Oil Report - Fall 2013

Page 173

oil lift technology

Oil Lift Technology introduces Dual Ram 5,000 PSI Rod Lock©

New Rod Lock is designed to withstand highpressure kickbacks, improve overall safety September 30, 2013 – Oil Lift Technology, Inc., leading designer and manufacturer of progressing cavity pump products within the artificial lift systems market and part of Norris Production Solutions (NPS), is proud to announce the addition of its new Dual Ram 5,000 PSI Rod Lock© BOP to its growing line of progressing cavity pumping equipment. The Dual Ram 5,000 PSI Rod Lock BOP with incorporated blind ram is specifically engineered for rod-pump applications subject to fracking pressures from nearby fracking wells, and provides this emerging market segment a tool to easily close off wells for streamlined and safe servicing. In addition, its enhanced PSI rating also enables the Rod Lock to withstand the high-pressure kickbacks that are common to shale oil and coal bed methane gas production environments. The Dual Ram 5,000 PSI features two separate sets of well-closing rams. The first uses Oil Lift’s patented Rod Lock design, which has the ability to hold 25,000 pounds of rod weight and prevent torsional rotation to 1,000 foot-pounds; the second is a blind ram with the ability to seal the well when a polished rod is not present. Certified to seal well-bore pressures to a maximum of 5,000 PSI, which is 2,000 PSI higher than any other Oil Lift Rod Lock to date, the new technology makes it possible for PC pumps to be safely added to wells that consistently face high-pressure conditions. This allows well owners to save on the labor and equipment costs associated with pump installation and maintenance, and reduces the risk of worker injury and environmental contamination. For more on Oil Lift Technology, please visit www. npsdover.com/oillifttechnology. Oil Lift Technology is one of the world’s leading manufacturers of artificial lift systems for the oil and gas industry and specializes in progressing cavity pump systems. Oil Lift has field service facilities in Canada, the United States, Australia, Colombia and Oman and has manufacturing facilities in Calgary, Canada and Brisbane, Australia. Oil Lift Technology –

Certified to seal well-bore pressures to a maximum of 5,000 PSI, which is 2,000 PSI higher than any other Oil Lift Rod Lock to date. headquartered in Calgary, Canada – is a member of Dover Corporation’s Norris Production Solutions (NPS). For more information on Oil Lift Technology or NPS, please go to www. npsdover.com/oillifttechnology or www.npsdover.com. For further information, contact: Dinah Kumbera, Marketing Norris Production Solutions / Oil Lift Technology (281) 403-5719 or dkumbera@npsdover.com w BAKKEN OIL REPORT – FALL 2013

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