Shreveport, LA (PRWEB) November 13, 2012
JJ Tech is pleased to announce the firm’s participation as an exhibitor at the 2012 Permian Basin International Oil Show. Held in October of even numbered years, PBIOS opened at 10am Tuesday and ran through 4pm Thursday, October 18. More than 700 exhibitors came from throughout the Permian Basin, Texas, the U.S. and other countries including Canada, India, China and Mexico. The exhibitor waiting list for PBIOS is over 400.
Mark F. Preddy, Sr., JJ Tech President, stated that “this is our third PBIOS show as an exhibitor, but it has special significance for us because we opened our West Texas Service Center in Odessa earlier this year. We are very active in the Permian Basin, so it was good to have the opportunity to meet face to face in this trade fair environment with industry friends, and to build new relationships with contacts who can benefit from our artificial lift technology.”
At PBIOS, JJ Tech professionals showcased the advantages of FRAC-EVAC (Accelerated Frac Flowback), a configuration of the firm’s ULTRA-FLO™ production system that recovers frac fluid as rapidly and as economically as possible while conveying production to the market immediately. A case study was highlighted that describes how the FRAC-EVAC process recovered 70,000 barrels of total fluid in just 90 days (100% recovery) that would have taken 15 months to recover with a conventional rod pump system at a rate of 150 bbls./day. The process also recovered 21, 600 barrels of oil (est. value about $2,000,000 at current prices) along with the frac fluid. Additionally, 40MMCF of natural gas (est. value, over $100,000) was also recovered.
Also demonstrated was JJ Tech’s patented ULTRA-FLO™ production system, which provides proven, dependable, cost efficient solutions for other production issues such as:
About JJ Tech
JJ Tech (http://www.j-jcompanies.com) is a US based, world-wide supplier of cutting-edge artificial lift systems to the oil and gas industry. JJ Tech holds US and certain foreign country patents on both its jet pump as well as the combination of its jet pump with a revolutionary diaphragm surface pump. JJ Tech currently has eight international and US distributors and several new international distributors pending.