Growing Investments in Petroleum Exploration & Drilling to Drive the Market for Rod Lifts, According to a New Trend Report Published by Global Industry Analysts, Inc.

GIA announces the release of a trend report on Rod Lifts. Market for Rod Lifts is projected to witness strong growth driven by increased investments in petroleum exploration and drilling activities worldwide.

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Rod Lifts: A Trend Report

San Jose, California (PRWEB) January 10, 2014

Follow us on LinkedIn – Beam pumps or sucker rod pumps, also known as rod lift systems, use positive displacement pumps for lifting the oil in the well. The displacement pump is installed or inserted into the tubing at the base of the well. Depleting oil reserves, low quality, low-pressure oil reservoirs, and reduced oil recovery is throwing the spotlight on artificial lifts for pumping oil out of the reservoir. Against the backdrop of growing focus on maximizing production performance, poised to gain are rod lifts. Rod lifts play a vital role in improving oil production rate from the well. Demand in the coming years is poised to grow, fueled by the increase in the number of stripper oil wells which are reaching the end of their economically viable life.

The trend report titled “Rod Lifts” announced by Global Industry Analysts Inc., is a focused research paper which provides cursory insights the product, applications, future prospects, and corporate initiatives of key companies worldwide. Also included is coverage on companies such as Accelerated Production Systems, Alberta Oil Tool, Borets Service Company LLC, Dover Corporation, GE Energy, Halliburton Company, John Crane Inc., Tianjin Ring-Top Petroleum Manufacturing Co. Ltd., and Zilift Ltd., among others.

For more details about this trend report, please visit http://www.strategyr.com/TrendReport.asp?code=146175

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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