Category Archives: News

Gas sweetening as an environment-friendly process

gas sweetening plant

Gas sweetening as an environment-friendly process This natural resource without being treated contains great amounts of toxic components so that is must pass through a series of chemical treatment to eliminate said components Gas sweetening is a process which consists of eliminating toxic elements from the gas extracted from the ground, so that it could […]

The United States of America has put an end on the extension for purchasing of Iran oil

Iranian oil

The United States of America has put an end on the extension for purchasing of Iranian oil Among the eight countries which Washington had given an extension of 180 days which were due to end next May the second, are some of the biggest purchasers of Iranian oil: China, Turkey and India The United States […]

SPS reactivated 16 oil wells and reached a production of 13.5 MBPD in southern Latin-American

oil wells

SPS reactivated 16 oil wells and reached a production of 13.5 MBPD in southern Latin-American Operational days reduction in well services from 50 to 7 days, wells intervention through coiled tubing to increase production up to 3.100 barrels per day, are some of the most important 2018 milestones, informed SPS CEO, Manuel Chinchilla Da Silva […]

SPS evaluates Water Treatment and Desalination project along Jordan

water treatment and desalination

SPS evaluates water treatment and desalination project along Jordan Southern Procurement Services representatives got together with Hashemite-Kingdom’s Minister of Water and Irrigation (MWI) Lyad Dahiyat to evaluate projects focused on the vital-liquid’s management (16-11-2018. SPS PRESS).- Within the frame work of the technical visit done by Southern Procurement Services’ (SPS) commission to Jordan fields, business possibilities […]

SPS finishes operations in Urdaneta field increasing crude oil production in about 675 %

SPS finishes operations in Urdaneta field increasing crude oil production in about 675 % Southern Procurement Services started labors in western Venezuela with a register of 2 thousand crude oil barrels per day and in less than a year operating it increased production up to 13.5 thousand BPD (08-11-2018, SPS press).- Southern Procurement Services (SPS) […]

SPS obtains maximum qualification in evaluation done by its clients in Latin-American

SPS obtains maximum qualification

SPS obtains maximum qualification in evaluation done by its clients in Latin-American This survey is focused on controlling risk associated to work execution and also to measure health, safety and environment performance 02-11-2018. SPS Press.- As part of the actions Southern Procurement Services works on to keep offering integral solutions to its clients, it continues […]

Coiled Tubing: A chance to increase crude oil production

Coiled Tubing

Coiled Tubing: A chance to increase crude oil production Coiled tubing has turned out to be a feasible method for old wells’ reactivation and new ones’ drilling. It is effectively used in shale oil wells with lower porosity and permeability Oil wells intervention is done when it presents problems in reaching optimum production conditions, at […]

Variable Speed Drives as an effective resource of energy control

Variable Speed Drives as an effective resource of energy control Equipment reliability is crucial in any industry, but is especially important in oil and gas operations, where every minute of uptime counts and lost production time carries costly consequences Variable speed drives (VSDs) are tailored to the unique requirements of electrical submersible pumps (ESPs) and […]

Hydraulic Fracturing: A chance to increase crude oil production

Hydraulic fracturing

Hydraulic Fracturing: A chance to increase crude oil production Fracking or Hydraulic fracturing is a method used in the oil industry in order to increase crude oil production in shale oil Wells with low permeability Every reservoir has its own characteristic, none is similar to other. However, there are some rock characteristics which determine the […]

Electrical Submersible Pump System – ESP System

ESP System

An ESP system is considered an effective and economical means of lifting large volumes of fluids from great depths under a variety of well conditions. A well is installed with artificial lift system when its production cannot flow naturally to surface or when is needed to boost the oil production to make the well commercially […]