Paper: TOTAL SYSTEM COST COMPARISON (ESP vs. BEAM PUMP) IN AMOCOs NORTHERN PERMIAN BASIN OPERATING AREA

This paper presents the results of a Total System Cost Comparison program between Electric Submersible Pump's (ESP"s) and Beam Lift Pumps that are typical within Amoco's northern Permian Basin operating areas. This program calculates a common variable of, .VBFPD. for Total System Cost and Operating and Maintenance Cost. This common variable may be used to help the operator make the best decision regarding economics, on which type lift to use. The calculation takes into account all equipment cost, all installation cost. all repair cost and all operating cost for a typical 10 year period of time at a specified depth and volume. Also considered in calculating the repair cost for a 10 year period of time is the type failures, cost per type failure and frequency of these failures that are typical within these operating areas.