Magnefficient PMM delivered 92% efficiency, reduced power costs by 23% Challenges ? Restricted power capacity limited the ability to maintain production ? Mature field using water flood methods for secondary recovery efforts ? Forced to regularly de-rate the motors, resulting in low efficiency and high power consumption Results ? Reduced power costs by 23% by decreasing energy losses in the motor and cable ? Assembled ESP system 2.3 times faster, reducing NPT and associated costs ? Eliminated the need for tandem motors, cutting the ESP system length in half and eliminating the reliability concerns associated with tandem motor connections ? Increased ESP system efficiency by more than 26% An operator in Argentina was challenged to reduce liftin

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