Upwing Energy

A downhole compressor solution based on advanced magnetic technologies completed its first field trials in an unconventional gas well. It resulted in a 62% increase in gas production and significant increase in liquid production compared to using a rod pump previously in the well

Using maglev technology, a new artificial lift system seeks to boost production output by sucking down reservoir pressure from inside the wellbore and from inside the reservoir.

Venture groups spend their time evaluating hundreds of companies each year to only make a handful of investments. These two cover interesting ends of the upstream spectrum: aerial drones and downhole artificial lift.