HORI: Intellipumper Expected to Deliver Maximum Production at East Texas Site
Rod Pump Controller Offers Economic and Operating Benefits
GULFPORT, Miss.--(BUSINESS WIRE)--Horizon Energy Corporation’s (OTCQB:HORI) rod pump control technology known as the Intellipumper has been shipped and is expected to arrive at the company’s East Texas exploration site this week. It is anticipated the equipment will increase production and help reduce operating costs by optimizing the reliability and energy efficiency of pump operations.
“With its advanced algorithms that analyze system operations and adjust to changing demands and pump speeds, this equipment offers high-tech capabilities in a low-cost unit, and is an ideal option for operations such as this independent site.”
An emerging leader in the discovery and recovery segments of the oil and gas industry, Horizon is operating the joint exploration project with Ponta E & P on the Holmes Oil Unit Number 1 in Cherokee County, Texas.
“Rod pump control technology can improve profitability in many ways,” said Robert Bludorn, President and CEO of Horizon Energy Corporation. He added, “With its advanced algorithms that analyze system operations and adjust to changing demands and pump speeds, this equipment offers high-tech capabilities in a low-cost unit, and is an ideal option for operations such as this independent site.”
The Intellipumper can help reduce the cost of operation and increase production by providing operators and well analysts with data necessary for performance analysis, problem diagnosis and maximization of equipment. By optimizing well surveillance and allowing instant identification of performance issues, problems can be detected as soon as they occur, permitting faster corrective action.
The Intellipumper was designed for today’s digital oilfield and comes ready for use, featuring simple, cable-free installation, integrated supervisory control and data acquisition (SCADA) communications, wireless control and low maintenance in a rugged, self-contained unit.
For more information about Horizon Energy Intellipumper, please visit the company’s website at www.horizonenergyusa.com.
About Horizon Energy Corporation
Horizon Energy Corporation was incorporated in the state of Wyoming in 2010. Its business model and scope of operation includes traditional and nontraditional energy sector opportunities. It is currently in the business of acquiring, discovering and developing oil and gas properties.
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