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Summit Installs Hercules™ Horizontal Pumping System Six Weeks Faster than Competition Increasing Profitability $630,000

Summit Installs Hercules™ Horizontal Pumping System Six Weeks Faster than Competition Increasing Profitability $630,000

Customer Challenge

An independent operator out of Midland, TX was building a new salt water injection station and needed a horizontal pumping system (HPS) but quotes from the competitors for delivery times of 10-12 weeks were unacceptable.

Summit Solution

With a constant focus on our customers’ needs and an agility unmatched by the large, traditional suppliers, Summit quoted a delivery time of 4-6 weeks and won the business. For the customer, the value of Summit’s rapid response was significant.  With production averaging 280 BOPD, deferred oil revenue waiting on the competition was at least $470,000 (at $40/BO).  In addition, saltwater disposal by truck in West Texas is expensive at $1.00 / barrel.  With daily saltwater production of 20,000 Barrel even turning the wells on before the competitor could set up their HPS would have been a net loss for the customer of around $370,000. 

Summit ESP's Hercules™ HPS

With Summit able to respond six weeks earlier, profitability for the customer increased by $630,000 when compared to the alternatives.

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Summit Installs Hercules™ Horizontal Pumping System Six Weeks Faster than Competition Increasing Profitability $630,000

Customer Challenge

An independent operator out of Midland, TX was building a new salt water injection station and needed a horizontal pumping system (HPS) but quotes from the competitors for delivery times of 10-12 weeks were unacceptable.

Summit Solution

With a constant focus on our customers’ needs and an agility unmatched by the large, traditional suppliers, Summit quoted a delivery time of 4-6 weeks and won the business. For the customer, the value of Summit’s rapid response was significant.  With production averaging 280 BOPD, deferred oil revenue waiting on the competition was at least $470,000 (at $40/BO).  In addition, saltwater disposal by truck in West Texas is expensive at $1.00 / barrel.  With daily saltwater production of 20,000 Barrel even turning the wells on before the competitor could set up their HPS would have been a net loss for the customer of around $370,000. 

Summit ESP's Hercules™ HPS

With Summit able to respond six weeks earlier, profitability for the customer increased by $630,000 when compared to the alternatives.

Archives