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GE Oil & Gas Further Expands Artificial Lift Portfolio with New Vector Plus™ Variable Speed Drive - GE Oil & Gas announced the global introduction of its next-generation Vector Plus™ variable speed drive (VSD) surface control system for electric submersible pumps (ESPs) - GE.com
GE Oil & Gas Further Expands Artificial Lift Portfolio with New Vector Plus™ Variable Speed Drive

 

PRZOOM - /newswire/ - Houston, TX, United States, 2014/10/06 - GE Oil & Gas announced the global introduction of its next-generation Vector Plus™ variable speed drive (VSD) surface control system for electric submersible pumps (ESPs) - GE.com. NYSE: GE

   
 
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• GE Introduces Vector Plus Variable Speed Drive for Electric Submersible Pumps;
• Offers Operators Greater Ease of Use and Improved Intelligent Control Capabilities;
• Vector Plus Illustrates GE’s Commitment to Artificial Lift Innovations in Growing Unconventionals Space.

With unconventional oil and gas operators seeking more flexible production equipment that can handle fluctuating conditions, GE Oil & Gas today announced the global introduction of its next-generation Vector Plus™ variable speed drive (VSD) surface control system for electric submersible pumps (ESPs). ESPs are a widely used form of artificial lift that utilize centrifugal force to pump hydrocarbons to the surface, enabling high flow and enhanced production.

ESPs and other artificial lift pumping applications are used in 94 percent of the roughly 1 million oil-producing wells around the world, helping lift hydrocarbons to the surface in reservoirs with low pressure and improving the efficiency of naturally flowing wells.

ESPs are widely used to aid production in with high-volume wells and operate, on average, 6,000 feet below the surface. GE provides two ways to control the ESP motor from the surface by using either a switchboard or a VSD system such as the company’s new Vector Plus VSD and its predecessor, the Vector VII™ VSD. While switchboards allow the operator to turn the motor on and off, GE’s new Vector Plus VSD allows the operator to gradually increase ESP motor speed and remotely adjust ESP speed from the surface with greater ease of use and improved intelligent control capabilities.

GE’s Vector Plus VSD is compatible with other GE artificial lift products, such as Zenith Downhole Sensors and Field Vantage™ Solution, and incorporates other existing control technologies, enabling GE to offer customers a cost-effective, integrated solution.

“The introduction of the Vector Plus VSD illustrates GE’s commitment to continually push the envelope to improve on our existing, proven artificial lift technologies while also developing new innovations that will help our customers meet their challenging production requirements in the field,” said Jerome Luciat-Labry, president of GE’s Well Performance Services business.

“The Vector Plus VSD enhances the operator’s ability to more effectively control an ESP system, which is directly tied to increased system production and improved run-life,” said Richard Torbenson, product line manager drives, for GE Oil & Gas. “Our Vector Plus solution and other ESP technologies provide operators with critical real-time equipment performance data, helping operators to make better production decisions.”

Other key customer benefits of the Vector Plus VSD include:

• It can be used with ESP applications ranging from 100 to 1,000 horsepower.
• It is designed to work on all worldwide power systems rated 380-480 volts in both 50 and 60 Hz markets.
• It has an outdoor NEMA 4 rating, meaning that the enclosure is completely sealed against the outdoor environment, to prevent the entrance of dust, dirt and moisture.

Significant growth in the global unconventional oil and gas space is a major energy trend driving GE Oil & Gas’ innovations in artificial lift technologies, with the goal of offering operators the right type of solution to address the unique technical and environmental challenges of unconventional wells. Unconventionals production, driven by shale exploration and production, is expected to increase globally by 50 percent by 2018 alone.

GE made its first significant entry into the artificial lift segment with its 2011 acquisition of the Well Support Division of John Wood Group PLC., a major ESP manufacturer. GE’s subsequent 2013 acquisition of Lufkin Industries’ beam pumps, progressing cavity pumps (PCPs), gas lift, plunger lift, hydraulic lift, reciprocating pumps and automation solutions allows the company to offer a complete portfolio of artificial lift technologies, depending on a well operator’s needs. In 2014, GE Oil & Gas consolidated all of its artificial lift offerings in the new Well Performance Services business.

As a result, GE is now among the world’s leading artificial lift solutions providers, offering a comprehensive range of pumping solutions to the worldwide oil production. GE is developing technologies today to address tomorrow’s energy challenges.

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

About GE Oil & Gas
GE Oil & Gas works on the things that matter in the oil and gas industry. In collaboration with our customers, we push the boundaries of technology to bring energy to the world. From extraction to transportation to end use, we address today's toughest challenges in order to fuel the future.

Contacts: Tom Murnane / Kate Culman - Masto Public Relations
T +1 518-786-6488
E: tom.murnane[.]mastopr.com / kate.culman[.]mastopr.com.

 
 
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GE Oil & Gas Further Expands Artificial Lift Portfolio with New Vector Plus™ Variable Speed Drive

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GE Oil & Gas | The Vector Plus VSD
Contact: Laura Bauer - GE Oil & Gas-Well Performance Servic 
405-815-3599 / 405-628-7903 (mobile) laura.bauer[.]ge.com
 
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