Submersible pump

Solar Pumps Market Size to Grow USD 1889.7 Million by 2029 at a CAGR of 8.9% | Valuates Reports

Retrieved on: 
Tuesday, October 31, 2023

The global Solar Pumps market is projected to grow from USD 1131.1 million in 2023 to USD 1889.7 million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.

Key Points: 
  • The global Solar Pumps market is projected to grow from USD 1131.1 million in 2023 to USD 1889.7 million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.
  • The market for solar pumps is anticipated to grow and play a significant role in the renewable energy scene as these factors continue to change.
  • The possibility of reducing energy costs is one of the main factors propelling the market for solar pumps.
  • Solar energy is a free and plentiful energy source that is used by solar pumps.

Solar Pumps Market Size to Grow USD 1889.7 Million by 2029 at a CAGR of 8.9% | Valuates Reports

Retrieved on: 
Tuesday, October 31, 2023

The global Solar Pumps market is projected to grow from USD 1131.1 million in 2023 to USD 1889.7 million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.

Key Points: 
  • The global Solar Pumps market is projected to grow from USD 1131.1 million in 2023 to USD 1889.7 million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.
  • The market for solar pumps is anticipated to grow and play a significant role in the renewable energy scene as these factors continue to change.
  • The possibility of reducing energy costs is one of the main factors propelling the market for solar pumps.
  • Solar energy is a free and plentiful energy source that is used by solar pumps.

TAG Oil Provides BED 1-7 Well Production Update

Retrieved on: 
Monday, June 19, 2023

The BED 1-7 well started production on May 19, 2023, from the Abu-Roash "F" ("ARF") reservoir with the ESP pump at rates of 150 to 200 barrels of fluid per day and continued to unload remaining fracture fluid with gradual increase of formation oil over the first week.

Key Points: 
  • The BED 1-7 well started production on May 19, 2023, from the Abu-Roash "F" ("ARF") reservoir with the ESP pump at rates of 150 to 200 barrels of fluid per day and continued to unload remaining fracture fluid with gradual increase of formation oil over the first week.
  • Pump speeds and surface choke adjustments were made to achieve a stabilized rate of production.
  • Over the past two weeks, down-hole pump intake pressure and production stabilized at an average rate of 140 barrels of oil per day with about five (5) percent water content at a constant ESP pump speed and wellhead choke of 10/64".
  • Cumulative oil production from the well to date is over 4,000 barrels of 23-degree API Oil.

TAG Oil Achieves First Oil Production in the Badr Oil Field, Western Desert, Egypt

Retrieved on: 
Tuesday, May 9, 2023

VANCOUVER, BC, May 9, 2023 /PRNewswire/ - TAG Oil Ltd. (TSXV: TAO ) (OTCQX: TAOIF ) ("TAG Oil" or the "Company") is pleased to announce the successful re-entry of the vertical well, BED 1-7, at the Badr Oil Field ("BED-1") in the Western Desert, Egypt.

Key Points: 
  • VANCOUVER, BC, May 9, 2023 /PRNewswire/ - TAG Oil Ltd. (TSXV: TAO ) (OTCQX: TAOIF ) ("TAG Oil" or the "Company") is pleased to announce the successful re-entry of the vertical well, BED 1-7, at the Badr Oil Field ("BED-1") in the Western Desert, Egypt.
  • The well was shut-in to remove the frac string, install 3.5" production tubing string and down-hole Electric Submersible Pump (ESP) to achieve steady production at stabilized oil rates.
  • Toby Pierce, CEO of TAG Oil, commented, "This activity is the first step to establish oil production from the ARF Formation, an oil rich source rock that covers a significant portion of the 107 Sq.
  • Production results confirms the economic feasibility of this important resource play in the Western Desert of Egypt."

Global Artificial Lift Systems Markets, Competition, Forecast & Opportunities, 2017-2021 & 2022-2027: Focus on Electric Submersible Pump, Progressive Cavity Pump, Rod Lift, Gas Lifts - ResearchAndMarkets.com

Retrieved on: 
Monday, December 19, 2022

The "Global Artificial Lift Systems Market, By Type (Electric Submersible Pump, Progressive Cavity Pump, Rod Lift, Gas Lift, and Others), By Application (Onshore, Offshore), By Component, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Artificial Lift Systems Market, By Type (Electric Submersible Pump, Progressive Cavity Pump, Rod Lift, Gas Lift, and Others), By Application (Onshore, Offshore), By Component, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
  • To estimate and forecast the market size of global artificial lift systems market from 2022E to 2027F and growth rate until 2027F.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global artificial lift systems market.
  • Company Profiles: Detailed analysis of the major companies present in global artificial lift systems market.

The Worldwide Oil & Gas Pumps Industry is Expected to Reach $16.7 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 14, 2022

What are the inhibiting factors and impact of COVID-19 shaping the Global Oil & Gas Pumps Market during the forecast period?

Key Points: 
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Oil & Gas Pumps Market during the forecast period?
  • Which are the products/segments/applications/areas to invest in over the forecast period in the Global Oil & Gas Pumps Market?
  • What is the market share of the leading vendors in the Global Oil & Gas Pumps Market?
  • What modes and strategic moves are considered suitable for entering the Global Oil & Gas Pumps Market?

Upwing Energy to Present and Exhibit at SPE Gulf Coast Section Electric Submersible Pumps Symposium

Retrieved on: 
Tuesday, September 21, 2021

CERRITOS, Calif., Sept. 21, 2021 /PRNewswire-PRWeb/ -- Upwing Energy , an artificial lift technology company, will exhibit in person and present a paper virtually at the SPE Gulf Coast Section Electric Submersible Pumps Symposium in The Woodlands, Texas, Oct. 4-7.

Key Points: 
  • CERRITOS, Calif., Sept. 21, 2021 /PRNewswire-PRWeb/ -- Upwing Energy , an artificial lift technology company, will exhibit in person and present a paper virtually at the SPE Gulf Coast Section Electric Submersible Pumps Symposium in The Woodlands, Texas, Oct. 4-7.
  • The paper, entitled "Demonstration of Advanced Magnetic Technologies for a Highly Reliable and Retrievable Electric Submersible Pump Topology," describes key enabling technology components of the Upwing Magnetic Drive System (MDS) Electric Submersible Pump (ESP) concept.
  • In addition to the MDS paper presentation, Upwing Energy will showcase its Subsurface Compressor System (SCS) at booth 35.
  • The SPE ESP Symposium brings together ESP technical experts from around the world to share innovative information pertaining to ESP technology, production and operations.

Submersible Pumps Market Report 2021 - Global Forecast to 2026: Water & Wastewater, Mining & Construction, Pulp & Paper, Energy & Power, Food & Beverages, Chemicals & Pharmaceuticals - ResearchAndMarkets.com

Retrieved on: 
Monday, July 5, 2021

The "Submersible Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Submersible Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global submersible pumps market is expected to exhibit moderate growth during 2021-2026.
  • Looking forward, the global submersible pumps market to grow at a CAGR of around 4% during the forecast period (2021-2026).
  • Bladder, grinder, well, borehole, fountain and utility pumps are some of the most commonly available types of submersible pumps.

Upwing Energy to Present Virtually at European Artificial Lift Forum with Mitsubishi Heavy Industries

Retrieved on: 
Wednesday, February 3, 2021

CERRITOS, Calif., Feb. 3, 2021 /PRNewswire-PRWeb/ -- Upwing Energy, an artificial lift technology company, announced today that Upwing's Herman Artinian will give a virtual presentation with Mitsubishi Heavy Industries' Shuhei Sasaki at the European Artificial Lift Forum (EuALF) on February 12.

Key Points: 
  • CERRITOS, Calif., Feb. 3, 2021 /PRNewswire-PRWeb/ -- Upwing Energy, an artificial lift technology company, announced today that Upwing's Herman Artinian will give a virtual presentation with Mitsubishi Heavy Industries' Shuhei Sasaki at the European Artificial Lift Forum (EuALF) on February 12.
  • The presentation, titled "Magnetic Drive System (MDS) for Offshore Artificial Lift," will describe a new deep water offshore artificial lift technology for increased reliability and retrievability of electrical submersible pumps (ESPs).
  • Upwing Energy is developing the Magnetic Drive System for ESPs with the cooperation of Mitsubishi Heavy Industries (MHI) and with the support of the DeepStar Consortium and Nippon Foundation for offshore and subsea well applications.
  • The biennial EuALF is a well-established forum organized by the Society of Petroleum Engineers Aberdeen Section for artificial lift professionals that will take an informed look at what the brave new world of Artificial Intelligence means to the established world of Artificial Lift.

Submersible Pumps (Electric, Hydraulic, Air-Driven) Market 2020-2025 with Xylem, Sulzer, KSB Group, Grundfos, and Atlas Copco Dominating - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 17, 2020

Increasing investments in construction industry attributing to rapid urbanization, and high demand for submersible pumps in agricultural sector are the key factors driving the growth of the submersible pumps market.

Key Points: 
  • Increasing investments in construction industry attributing to rapid urbanization, and high demand for submersible pumps in agricultural sector are the key factors driving the growth of the submersible pumps market.
  • Likewise, the up-gradation of aging and construction of new water & wastewater treatment facilities and adoption of solar-powered submersible pumps are expected to offer lucrative opportunities for the submersible pumps market during the forecast period.
  • The submersible pumps market is dominated by a few major players that have an extensive regional presence.
  • The leading players in the submersible pumps market are Xylem (US), Sulzer (Switzerland), KSB Group (Germany), Grundfos (Denmark), and Atlas Copco (Sweden).