7 year run time in producing SAGD well
Its positive displacement nature correlates to lowering SOR
Has very low Operational Cost
Reduces GHG Emission and Power Consumption
Is unaffected by temperature
Can be landed at 90 degrees
Has infinite turn down ratio
1,000 m3/day – 0 capability
Unaffected by emulsion/gas interference
Can handle significant sand cut
One LiftPlus System replacing 1 ESP using 150 HP of continuous electricity
150 HP = 111.9 kW…..x 8760 hr/year = 980,244 kWh
980,244kWh x 7.44 x 10¯⁴ metric tons of CO₂/kWh = 729.3 metric tons CO₂
One car emits 6 tons CO₂/year…729.3tons/6 tons/car = 121 cars/year
1 LiftPlus System then to replace 1 ESP is the equivalent of removing 121 cars/year off the street.
Carbon Credit
729.3 metric tons CO₂ = 729.3 Carbon credits
As per Government of Canada 2023 value of a carbon credit $65/metric tons CO₂ = 729.3 x $65 = $47,400
Power Savings
Oilfield Service power cost $0.30/kWh
980,244 kWh x $0.30 kWh = $294,000
Total Savings from 1 Lift Plus System = $47,400 + $294,000 = $341,400/year
The GHG Emission Effect can be calculated by applying a C02 emission factor that converts reductions in kilowatt-hours into avoided units of carbon dioxide emissions. The following example uses the industry accepted emission factor that the AVoided Emissions and geneRation Tool (AVERT) has derived.
Emission Factor
1,640.7 lbs CO2/MWh × (4.536 × 10-4 metric tons/lb) × 0.001 MWh/kWh = 7.44 × 10-4 metric tons CO2/kWh
(AVERT, U.S. national weighted average CO2 marginal emission rate, year 2016 data)
A SAGD operator uses Gas Lift
Continuously injects 425 Sm3/h gas to produce 250 m³/d total fluid
Produced emulsion from Gas Lift includes oil, water and gas
To separate gas from emulsion, condition it for boiler consumption is very costly.
The LiftPlus System
Uses approximately 65% Less gas than Gas Lift to produce 250 m3/d+ total fluid
Lift Plus System produced emulsion only contains oil and water
Represents considerable savings to the operator
Lift Plus System requires significantly less reservoir pressure to produce the same or more produced fluid than Gas Lift
This yields major savings due to less required steam
Which inevitably will reduce operators SOR