This data-file calculates the financial and carbon costs of running electric submersible pumps (ESPs) at oilfields, as a function of half-a-dozen input variables. This matters with ESPs fitted on 15-20% of the world’s c1M oil wells.
Opportunities to optimise: CO2 intensities can be lowered 25% by switching diesel-powered ESPs to natural gas, and theoretically by 100% by switching to renewables. Associated kg/boe and cost savings are tabulated in the data-file.
Leading Majors and new technology companies are also pioneering means to improve ESP efficiency. We tabulate our top examples in the data-file. Initiatives from Aramco and Equinor screen as most impressive.