Lufkin Automation and Theta Enterprises, Inc. made the following press release on June 11, 2002:
“(Houston, Texas: June 11, 2002) Lufkin Automation and Theta Enterprises have announced a technology partnership to integrate and enhance their best-of-breed technologies for rod pumping systems control, surveillance, diagnostic analysis and automation.
The partnership combines Lufkin’s SAM™ rod pump controller with Theta’s XSPOC smart automation software. “Nothing in the industry can compare to this combined technology for return on investment,” says Andy Cordova, marketing manager at Lufkin Automation. “We’ve brought together the best technologies and easiest-to-use systems in one complete solution.”
The SAM rod pump controller calculates the downhole card internally for accurate control, and provides diagnostic data with every stroke. XSPOC performs additional analysis and efficiently communicates to the SAM Well Manager. The combination offers significant well optimization benefits beyond conventional rod pump controller systems.
“This solution will be marketed jointly by Lufkin and Theta as a complete package,” says John G. Svinos, founder and president of Theta. “It’s going to take optimization and automation to the next level for our oil and gas customers. “
Lufkin Automation ( www.lufkinautomation.com ) an operating unit of Lufkin Industries, Inc. provides artificial lift design, analysis and control products and services. Lufkin Industries, Inc. (Nasdaq/NM: LUFK), headquartered in Lufkin, Texas, is one of the world's oldest and leading producers of oilfield pumping units, power transmission products, foundry castings and highway trailers. It has vertically integrated all vital technologies required to design, manufacture and market its products.
Theta Enterprises, Inc. was founded in 1989 and has since become the leader in rod pumping optimization software and training. Theta Enterprises has developed diagnostic, design, pumping unit balancing and dynamometer data measurement software that is used by many different oil companies, service companies and rod pumping equipment suppliers. Theta Enterprises also provides training courses and consulting services in rod pumping optimization.”
We are excited to have Lufkin Automation as a partner and strongly believe that this technology partnership will benefit our customers by providing them with the best technologies from the leading companies in rod pump system control and system design and analysis software and optimization.
This technology partnership involves well automation and pump off control for now, but may be expanded in the future.
Theta and Lufkin Automation will still compete in other areas such as predictive and diagnostic software and dynamometer systems. Lufkin Automation and Theta are committed to providing you with more choice and an integrated solution for monitoring, control and optimization of their oil fields.
For example, if a customer wants to use
SROD instead of RODSTAR within XSPOC, this
option will be available. Theta will also
provide tighter integration between the
SAM controller and the XSPOC with enhanced
support for all SAM features.
We consider SAM the most technologically
advanced rod pump controller on the market
and the combination of SAM with XSPOC will
provide customers the best combination of
hardware and software for rod pumping system
optimization, control, and automation in
general.