Integrated Production Solution Case Study in Permian Basin

This case study details the implementation of an integrated production solution in the Permian Basin, United States, aimed at enhancing oil production and reducing operational costs. The operator faced challenges with rapidly declining production from three unconventional wells that were previously utilizing gas lift systems. To address these issues, Baker Hughes proposed the conversion of these wells to Centrilift Performance Series electrical submersible pump (ESP) systems, which are designed to improve uptime and lower operational costs. The conversion resulted in a significant increase in oil production, with a reported 835 barrels of oil per day (BOPD) increase, equating to a 56 percent rise in production. Additionally, the implementation of the Magnefficient permanent magnet motor (PMM) with a new safety module led to substantial savings in electric costs, amounting to approximately $4,000 per month. Overall, the integrated solution not only doubled production but also cut monthly electric costs in half, resulting in projected total savings of $19.7 million in the first year.