Oil Production Optimization Technology with Performance-Based Pricing
Increase Oil Production
Financial Details
- Profit Metric:
- Performance-Based Revenue
- Location:
- US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents an innovative oilfield service company offering SIOP technology, designed to optimize oil well production. The technology has demonstrated significant success, reducing water production by up to 60% and increasing oil output by over 300%. It is installed non-invasively at the wellhead, requiring no major interventions, and delivers results within 24 hours. The service is compatible with various well systems, including mechanical pumping, ESP, PCP, and gas lift. A key feature of the business model is its performance-based rental fee, meaning clients only pay if the technology yields positive results, effectively eliminating risk for the customer. The company has a proven track record, having installed the technology in over 25 wells and guaranteeing a minimum 10% reduction in water production.
Industry Information
- Industry Description:
- Oilfield / Mining Services
- Classification:
- Service Businesses
Real Estate & Lease
- Status:
- Not_included
Listing Details
- Listing ID:
- b931066b-0592-4c2f-a3d4-fdf98f1a9ce0
- Deal Status:
- For Sale
- Date Posted:
- May 02, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD