JJ Tech announces that it will pass a $200/day operational cost savings on to new frac flowback skid leases and lease/purchases.
(PRWEB) March 03, 2014
In keeping with the firm’s stated mission to generate a “compelling return on customers’ investment in its products and services”, JJ Tech announces that it will pass a $200/day operational cost savings on to new frac flowback skid leases and lease/purchases.
Effective March 1, 2,014, rates on leased T8045 frac flowback skids will be reduced from $850/day to $650/day. Additionally, 100% of the lease cost may be applied toward purchase for the initial 30 days, and 50% of the lease cost may be applied toward purchase for days 31-90.
There will be no change in JJ Tech’s policy regarding standby charges and repair and maintenance costs to its diaphragm surface pump. There is no standby charge until day 7, and the standby rate of $200/day will also remain unchanged. As in the past, any repair and maintenance costs to the pump are included in the $650/day rate. JJ Tech president Mark F. Preddy, Sr. explained, “The competition charges for repacking their triplex pumps as well as all parts and labor associated with repairs to their pumps from the time the system leaves their shop until it returns. Our pumps are very tough and reliable, so they seldom need much repair and maintenance. But when they do, we absorb the cost rather than pass that along to our operators. The reliability of our pumps also translates into less downtime and loss of revenue to the operator.”
JJ Tech Mission Statement:
We will strive to generate compelling return on our customer’s investment in JJ Tech products and services by providing highly reliable, technologically advanced, artificial lift production systems with customized solutions, and superior service and after sale on-site support.
About JJ Tech
JJ Tech is a US based, world-wide supplier of cutting edge artificial lift systems to the oil and gas industry. The company currently has eight international and US distributors and hundreds of hydraulic jet pumps placed throughout the world. Please refer to our website, http://www.j-jtech.com, for more information and to register to receive future press releases by e-mail.