Oil Well Pump Control SystemOvak Technologies
Equipment & Machinery
Process Control & Optimization (PCO)
|FM, GPRS, WiMax, CAN|
Increased Well Production Efficiency - By maintaining optimal formation pressure and continuous operation at minimal speeds (for wells that should not be shut down)
Reduced Maintenance Costs - By reducing equipment failure and remote access
Optimised Production Capacity - By tapping on the comprehensive data-sets available from all oil wells from the entire oil field using the WellSim system.
35% energy saving in comparison with a pumpoff controller
Total profit from installation of WellSim control stations at 6 wells will be $170,000 after 1 year.
Payback period is 0.23 year.