LUFKIN Industries launches enhanced rod lift design software

LUFKIN Industries, a leader in rod lift optimisation solutions, products, automation, software technologies and services, has enhanced its intelligent rod lift design platform with the launch of SROD V9.5.0

The technology automates the design of rod lift systems to optimise surface and downhole components, thereby enabling the maximisation of production from the well..

SROD V9.5.0 allows engineers to seamlessly migrate existing well design files from various platforms to the SROD system, saving hours of data entry as well as allowing engineers to quickly determine if mature wells are underbalanced, over-torqued or using excessive energy. The software leverages its proprietary wave equation and Multi-Case Generation Wizard to test hundreds of simulations in seconds to determine the physical limits of the equipment, and applies iterative balancing to ensure motors use the least amount of effort to reach those limits.

SROD V9.5.0 promotes greater operational efficiency and equipment longevity through the new Counterbalance Report which automatically calculates the most economical counterbalance configuration to efficiently balance well designs, using the counterbalance weights now embedded in the SROD library. A number of user enhancements are also included to streamline the user experience.

“We’re continuing to invest in rod lift optimisation technology to help operators enhance productivity and efficiency of wells,” said Brent Baumann, chief executive officer for LUFKIN Industries. “SROD V9.5.0 automates key design development requirements, providing accuracy and speed like never before. Operators now have access to designing the most accurate, cost-effective rod lift systems.”