LIFTING THE FLUIDS
THAT POWER THE WORLD
Novomet offers a comprehensive system of software solutions for production management.
“Today, the entire oil industry is focused on optimization,” notes Alexander Sorokin, Project Manager of PumpSite at Novomet. “It is essential to evaluate and plan how to make the extraction process more efficient and cost-effective not only from the equipment perspective but also regarding IT products right from the exploration stage. During development, geologists learn about the current well conditions. Based on this data, it is possible to select equipment and forecast how it will perform under the given conditions.”
One of Novomet's promising programs is PumpSite. This equipment selection program can serve as an excellent alternative to long-established software that has set industry standards. Unlike those, PumpSite is a modern web application that is rapidly evolving and open to new developments. Today, it helps over 200 users in Russia and abroad quickly, effectively, and conveniently select the appropriate equipment.
The program allows users to select the main components of ESP (pump, motor, hydraulic protection, cable) and surface equipment (control stations), consider devices for gas handling (gas separator, gas stabilizer, multiphase pump), and determine the parameters of the gas-liquid mixture in the well. Users have access to a vast array of parameters and a large database of equipment based on both Russian and international standards, with the option to input any custom equipment.
The application is accessible from anywhere in the world with internet access. Calculations occur instantly. The server is protected by the latest security technologies, ensuring high confidentiality of data. PumpSite features a modern interface with flexible settings tailored to user needs, including calculation configurations. There is operational user support (issues are resolved promptly) and a unified information space for data exchange within the company, available to all participants in the process without the need for file transfers.
Among other software solutions is the Novomet Track hardware-software complex, which provides complete remote access to the ESP control station from anywhere in the world via a secure internet connection. The system allows monitoring of installation operating parameters and changing its operating mode as if the operator were directly in front of the control station. This includes not only remote control of pump operation but also maintaining a history of changes in operating parameters and visualizing these changes in graphical and tabular formats.
Stat Pro is a reliability assessment program for submersible equipment. The software utilizes extensive modeling capabilities to predict the operational lifespan of ESP based on well parameters and reservoir characteristics. Accurate forecasting enables proactive planning to reduce downtime and production losses. Additionally, results from Stat Pro can be used to select ESP without being tied to a specific well or to tailor them to the conditions of a particular well.
“Today, the entire oil industry is focused on optimization,” notes Alexander Sorokin, Project Manager of PumpSite at Novomet. “It is essential to evaluate and plan how to make the extraction process more efficient and cost-effective not only from the equipment perspective but also regarding IT products right from the exploration stage. During development, geologists learn about the current well conditions. Based on this data, it is possible to select equipment and forecast how it will perform under the given conditions.”
One of Novomet's promising programs is PumpSite. This equipment selection program can serve as an excellent alternative to long-established software that has set industry standards. Unlike those, PumpSite is a modern web application that is rapidly evolving and open to new developments. Today, it helps over 200 users in Russia and abroad quickly, effectively, and conveniently select the appropriate equipment.
The program allows users to select the main components of ESP (pump, motor, hydraulic protection, cable) and surface equipment (control stations), consider devices for gas handling (gas separator, gas stabilizer, multiphase pump), and determine the parameters of the gas-liquid mixture in the well. Users have access to a vast array of parameters and a large database of equipment based on both Russian and international standards, with the option to input any custom equipment.
The application is accessible from anywhere in the world with internet access. Calculations occur instantly. The server is protected by the latest security technologies, ensuring high confidentiality of data. PumpSite features a modern interface with flexible settings tailored to user needs, including calculation configurations. There is operational user support (issues are resolved promptly) and a unified information space for data exchange within the company, available to all participants in the process without the need for file transfers.
Among other software solutions is the Novomet Track hardware-software complex, which provides complete remote access to the ESP control station from anywhere in the world via a secure internet connection. The system allows monitoring of installation operating parameters and changing its operating mode as if the operator were directly in front of the control station. This includes not only remote control of pump operation but also maintaining a history of changes in operating parameters and visualizing these changes in graphical and tabular formats.
Stat Pro is a reliability assessment program for submersible equipment. The software utilizes extensive modeling capabilities to predict the operational lifespan of ESP based on well parameters and reservoir characteristics. Accurate forecasting enables proactive planning to reduce downtime and production losses. Additionally, results from Stat Pro can be used to select ESP without being tied to a specific well or to tailor them to the conditions of a particular well.
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.
