Acquisition complements Extract’s existing technology portfolio for solving the most difficult ESP-related production challenges TULSA, OK, January 3, 2022 – Extract Companies (Extract), a leading independent provider of electric submersible pump (ESP) technology,... Read More
New Branding, Same Reliability and Responsiveness Hoss Pumps has been a horizontal pump product line of Extract since 2017, and now we’re updating the look and feel of the brand to reflect that. Artificial lift and horizontal pumping go hand-in-hand. What gets... Read More
Economies are opening up, oil production is growing and we have the horizontal surface pump parts and service to help you get going again During the drilling and production drop caused by COVID-19 restrictions, you may have had to shut in horizontal surface pumps for... Read More
Deciding Whether to Buy or Lease Your ESP? User Survey Shows Buying’s Big Advantage How Much Does Leasing Actually Cost You? In times of low or uncertain oil prices, it’s tempting to make equipment decisions under the assumption that “cash flow is king.” Leasing... Read More
While technology and products have certainly changed, today’s market is inherently the same as any market before it, customers still demand two key purchasing metrics; price and performance. The entire history of commerce is bound by the two. One doesn’t exist without... Read More
Click Here to read more about how Extract helped a West Texas SWD Operator solve a problem that saved the customer money and provided a high ROI. Read More
Choosing between the two artificial lift systems is always a topic of interest within the industry. Especially, given our current low commodity price environment, where companies are looking for cost savings while balancing the need for production cash flow today and... Read More
While the worst appears to be behind us, the demand recovery for oil and refined petroleum products will likely remain slow and uneven. That has all of us continuing to scrutinize expenses and look for ways to operate with less. However, one place that you should... Read More
Well operations can be challenging enough without having to deal with a slowdown in production. However, this is where we find ourselves as we all collectively work to manage the impact of the downturn in the economy. Bottlenecks in the midstream transport and storage... Read More
We talk a lot about cost savings through functional efficiencies and new innovations. And for good reason; leveraging emerging technologies is your best bet in finding better, smarter ways to reduce your operational budget. Almost every operator’s first move when it... Read More
No one could have foreseen the sharp contraction in energy demand brought about by COVID-19 and the corresponding “sudden stop” in the global economy. Not only is it unprecedented, it’s also completely outside of the control of the US domestic energy industry. While... Read More
Alignment is a good thing. Think tires. Or, spines. It brings everything into focus, allowing for any and all moving parts to function with efficiency and purpose. Alignment is also good for organizations, particularly as it relates to goals and incentives. In the... Read More
Profitability at every point of production is on everyone’s mind, everyday. We get it. It’s simply good business to scrutinize operational expenditures to ensure that you’re not overspending on the equipment needed to produce your wells. As the industry focuses on... Read More
At HOSS we frequently discuss what it takes to ensure a successful and reliable pump installation. Horizontal pumps are complex, engineered rotating equipment. They operate with large motors, at high speeds, pumping harsh fluids in challenging ambient conditions.... Read More
In a time of necessary capital discipline, the last place you want to experience production loss is with an unplanned outage due to equipment failure. According to recent data shared by Rystad Energy, unplanned outages are on the rise, globally. Current projections... Read More
As HOSS has grown and evolved, our manufacturing and service capabilities have continued to expand. This has caused some confusion in the marketplace as pump customers see these changes and inquire about the future of HOSS and where we are positioned among horizontal... Read More
Many unconventional well producers have turned to leasing Electric Submersible Pumps (ESPs) to curtail upfront capital spending and have moved artificial lift spend into operating budgets. The concept seems logical: ESP equipment spend can be deferred and timed with... Read More
Horizontal pumping systems are not governed by API or ANSI classifications (such as API 610). Manufacturers have been completely free to develop their own system designs, without being forced to follow any industry guidelines. This has resulted in true innovation, as... Read More
One of the rare constants in the domestic oil & gas pump market has been the need for quick deliveries. Upstream and midstream companies in the United States have sprung into action to expand production by building a supply chain focused on rapid delivery and... Read More
Horizontal pumping systems are not governed by API or ANSI classifications (such as API 610). Manufacturers have been completely free to develop their own system designs, without being forced to follow any industry guidelines. This has resulted in true innovation, as... Read More
In a previous blog post, I wrote about the sad state of the horizontal pump industry and how HOSS is working to change the status quo. I also referenced what I refer to as the “race to the bottom” by our competitors. Many pump providers have focused on reducing cost,... Read More
