Oil well optimization involves field testing and engineering services to ensure a wellbore is functioning properly in terms of reservoir inflow, artificial lift (pumping system), and regulatory compliance. The objective is to recover the maximum amount of hydrocarbons in the most cost-effective manner.
PIT provides producers with advanced oilwell automation equipment, proprietary artificial lift accessories, well diagnostic instruments and oil well optimization equipment through its PIT Products Division. This includes manufacturing, installation, calibration, and after-sales service. PIT products are employed on thousands of producing oil and gas wells in Canada and around the world.