Zilift invests in manufacturing and production capabilities
Published by David Bizley,
Editor
Oilfield Technology,
Zilift Ltd, innovators of artificial lift solutions, has invested in manufacturing and production capabilities as interest for game-changing technology increases.
The company has made further investment into assembly line equipment and is increasing staff numbers in both its UK and US bases in response to early demand for the technology firm’s ground-breaking TorqueDrive™ innovation.
Substantial product orders have been made by a major Californian heavy-oil operator, after TorqueDrive™ exceeded initial field trial expectations in the US. Currently undergoing additional field trials in Bakersfield, California, the technology looks set to transform heavy oil artificial lift operations globally.
Iain Maclean, CEO of Zilift said: “TorqueDrive™ is powered by the smallest downhole artificial lift motor to be successfully installed in an oil well globally, the most significant advancement in downhole electrical machine design for thirty years.
“The technology has already generated a great deal of interest and orders, which has resulted in Zilift investing further in manufacturing and production capabilities and increasing staff numbers as successful field trials continue.”
Due to successful initial field trials in early 2014, the company made significant investment in North America, creating a US entity, Zilift Inc., through which it intends to market TorqueDrive™ from its 3600 ft2 facility in Bakersfield.
Adapted from a press release by David Bizley
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23092014/zilift-invests-in-manufacturing-and-production-capabilities/
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