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Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK.As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications.
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry.In July 2017, this division was merged with Baker Hughes. [1]The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical.
A diagram of a pumpjack. A pumpjack is the overground drive for a reciprocating piston pump in an oil well. [1] It is used to mechanically lift liquid out of the well if there is not enough bottom hole pressure for the liquid to flow all the way to the surface. The arrangement is often used for onshore wells. Pumpjacks are common in oil-rich areas.
It continued to purchase well-known companies involved in manufacturing such things as overhead cranes, gasoline-dispensing pumps, and heavy equipment for mining and construction. [ 6 ] In 1968, the Wayne Oil Tank and Pump Company, established in 1891, [ 7 ] merged with Dresser, [ 8 ] becoming the Dresser-Wayne Company. [ 9 ]
Lufkin Industries is an American manufacturing company founded in 1902 and headquartered in Missouri City, Texas.Lufkin is a provider of rod lift products, automated control and optimization equipment and software for rod lift equipment to the oil and gas industry.
Pumping flow: the tubing and pump are run to a depth beneath the working fluid. The pump and rod string are installed concentrically within the tubing. A tubing anchor prevents tubing movement while pumping. Tubing flow: a tubing string and a production packer are installed. The packer means that all the flow goes through the tubing.
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Artificial lift is the use of artificial means to increase the flow of liquids, such as crude oil or water, from a production well. Generally this is achieved by the use of a mechanical device inside the well (known as pump or velocity string) or by decreasing the weight of the hydrostatic column by injecting gas into the liquid some distance down the well.