Geothermal energy is a highly promising field based on the use of hot water from the Earth's depths to generate energy, and it is considered the most stable among alternative energy sources. Currently, the majority of geothermal deposits consist of flowing wells, but reservoir pressure is rapidly declining, prompting consumers to seek solutions for mechanized extraction. Most submersible pumps either fail under high-temperature conditions or consume significant amounts of electricity.



To address the challenge of cost-effective operation of geothermal fields, specialists at Novomet have applied their extensive experience in the development and production of submersible electric centrifugal pumps, which has been proven reliable and effective in oil well operations. Now, this enhanced technology is applicable to even harsher, extreme conditions of geothermal water extraction, says Sergey Stolbov, Deputy Director of the Department of Innovative Developments at Novomet.

The Geyser systems for geothermal waters are equipped with heat-resistant components and filled with high-temperature motor oils. Additionally, they feature tandem hydraulic protection and two independent thrust bearings for increased reliability. The equipment can withstand temperatures up to 230 degrees Celsius, is resistant to aggressive environments, and can operate at depths of 1400 meters or more. The performance reaches up to 12,000 m³/day, with a service life exceeding a thousand days.

Renewable energy obtained from geothermal deposits is used for generating electricity at geothermal power plants or directly for heating and hot water supply, including greenhouse heating.

The Geyser technology not only ensures reliability but also significantly reduces energy consumption—resulting in a 25% savings in electricity. Consequently, this increases the service life and maintenance intervals while enhancing operational efficiency. Practical experience shows that the use of Geyser systems with a valve motor reduces specific energy consumption by up to two times for clients. Furthermore, the technology contributes to a decrease in CO2 emissions into the atmosphere.

In summary, high-performance geothermal pumping systems from Novomet provide reliable delivery of high-temperature formation fluids, feature a wide range of flow rates designed for operation under extreme temperatures, and ensure substantial energy savings, ultimately increasing the efficiency of electricity generation on the surface.

Technologies
Optimize production
across all phases of a well's life
 
Novomet Artificial Lift Equipment
Novomet Downhole Equipment
Novomet Service Operations

Novomet artificial lift services

Lifting the fluids that power the world

The path forward for responsible oil and gas production is to always look for new ways to reduce the cost required to find, tap, and produce a barrel of oil or a cubic meter of gas. Most oilfield services companies are heavily focused on exploration and drilling.

By contrast, Novomet is hyper-focused on completions and artificial lift. More specifically, Novomet is a leader among oilfield service companies with superior technologies that produce higher volumes of hydrocarbons while helping lower the overall cost of production.

The goal is to continuously make more oil and gas with less effort, cost, and environmental impact. The next great breakthroughs in the oil and gas industry will not come from new exploration, drilling, pipeline, or refining technology. Rather, they will come from advances in our ability to economically produce more hydrocarbons from the wells we are already drilling. They will come from artificial lift technologies.

Our purpose is simple and straight-forward:
We lift the fluids that power the world.

Our mission is to harvest what other oilfield service companies leave behind, reduce the power and cost required to produce hydrocarbons, and develop viable green energy solutions.

 
BY THE NUMBERS
264400000
kWh of electricity saved with PowerSave and SlimLine ESPs
172815
Tons of CO2 prevented from entering the atmosphere*
32
Countries where Novomet is reducing carbon emissions

* Based on 1.2 lb of CO2 emissions per kilowatt-hour accourding to U.S. Carbon Dioxide Emissions in the Electricity Sector projections.

 

Oilfield services and the energy industry

People, businesses, and economies have more opportunities to grow when they have access to safe, affordable sources of energy. Electricity keeps us warm, helps us stay healthy, and drives speed and agility in commerce. The goal of the energy industry is to provide power for as low a cost and with as little environmental impact as possible.

Renewable energy sources remain a priority. As costs come down for geothermal, solar, wind, hydro-electric, and other alternative forms of energy, there will be less dependence and need for oil and gas. Until that happens, the most economical and environmentally responsible path forward is to continue to find and produce enough hydrocarbons to meet the world’s energy demands.

Novomet remains dedicated to helping energy companies harvest the hydrocarbons they need to power the world—for as low an environmental and economic impact as possible. When you think artificial lift (oil and gas, geothermal, mine dewatering, etc.) think Novomet.


Renewable energy sources