New Technology Solutions Allow TNK-BP to Increase Pumping Equipment MTBF to Record 662 Days

The Company held the VI Scientific and Technical Conference devoted to artificial lift issues in the city of Nizhnevartovsk. Over 200 people took part in the conference – representatives of ТNК-ВР, equipment manufacturers, service companies, and research institutes. The participants summarized the results of Company artificial lift activities in 2012 and discussed plans and prospects for 2013.

TNK-BP is consistently implementing a long-term program to improve artificial lift efficiency, including the analysis, evaluation and optimization of each stage of the ESP life cycle through the application of advanced technology and equipment. In 2012, the Company increased the meantime between failures (MTBF) of pumping equipment to record 662 days.

"The main goal of the conference is to share experience and learn lessons. This time we are also determined to openly discuss problems and search for solutions. Such an approach allows us to improve artificial lift performance year on year," said Eric Liron, Vice President, Wells Division, TNK-BP.