Price versus quality is one of the oldest trade-offs in business, but in the oil industry, the general rule is to pick the cheapest – regardless.
This approach is often dictated by corporate policy and supplier agreements. While that’s not always wrong – a Ford Fiesta or an F150 pickup truck will both get you to your destination – it’s worth taking a moment to think about it.
We put our lift equipment downhole, expose it to heat, put gas and solids through it, make it run at high speeds, and generally do our best to beat it up. In car terms, that’s a rough cross-country drive. You’d want the F150 pickup truck.
Just as cars differ, not all pumps are born equal.
The run time before failure can quickly make a cheap and cheerful option expensive and cheerless when you include the costs of downtime, replacement equipment, and the workover cost.