Artificial-lift systems (ALSs) have increasingly needed a lubrication solution to improve profitability on failing or under-performing wells, solving the problems of inefficient production or untimely wear and tear. ProOne introduced a cost-effective downhole treatment for the complete ALS system.

 

ProFlow production fluid incorporates the company’s XPL+ lubrication technology with positively charged molecular properties to bond to all metal downhole components, reducing friction, torque, and drag by as much as 80% (Fig. 5). With significantly lower friction in the system, operators experience higher production volumes, lower lifting costs, and extended maintenance cycles.

For progressing-cavity pumps, the major benefits include higher production speeds, increased revolutions per minute, reduced electrical load on the system, and additional net oil per day; for rod pumps, the benefits include less torque and friction, extended lifespan of moving parts, and less well servicing. Field ProFlow has consistently reduced failures and increased efficiency in all types of ALS pumps, especially those with highly deviated deep-well systems.
 

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Contact: ProOne, Inc. : Lawrence Kahn/CEO +1 (714) 327-0262 | Email: lkahn@pro-one.us

Websites: www.pro-one.us | www.pro1energy.com  | www.pro1industrial.com

Statements contained in this news release, aside from those identifying historical facts, are ‘forward looking statements’ within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company’s future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any

forward-looking statements.