DynaPump Value Proposition

Lower Purchase Price. The purchase price of the DynaPump unit typically represents savings of 15% or more compared to conventional beam pump alternatives. For example, the DynaSave, the smallest unit in the DynaPump lineup, sells for approximately $20,000, while a competitive model beam pump sells for approximately $40,000. For the larger units, including the DynaPump Model 13, the sales price can be more than $80,000 less than a comparable conventional beam pump unit. The steel cost alone drives a significant portion of the purchase price savings — a DynaPump Model 5 weighs approximately 5,600 pounds. A comparable beam pump weighs 43,400 pounds. At current commodity pricing, DynaPump has a cost advantage of almost $20,000 in steel alone. The dramatically reduced weight also results in significant installation cost savings. One operator estimated a greater than 40% savings on installation due to reduced need for foundation and crane work compared to a beam unit. Finally, transportation costs are substantially lower for the DynaPump. Conventional beam pumping units are typically delivered on two trucks due to weight restrictions, while multiple DynaPumps can be shipped on a single truck.

Lower Operating Cost Per Barrel. The DynaPump offers several features and benefits that drive down operators’ costs. The DynaPump uses approximately 30% less energy than a conventional (beam pumping) unit, resulting in lower utility costs. In addition, the DynaPump includes several features that limit damaging impacts to downhole equipment. The DynaPump is a “long stroke” unit, which means that it requires fewer up/down direction changes versus conventional units. In addition, when the DynaPump turns an upstroke into a downstroke (or downstroke into an upstroke), it does so “softly”. Further, the DynaPump uses computerized logic to sense changing well conditions and intelligently reacts to minimize any undesirable downhole events. These features translate into the benefit of fewer downhole rod separation events, which are costly and result in well downtime.

Optimized Fluid Production. Through the DynaPump’s computer-aided intelligence, variable stroke length, and variable speed, production of crude oil or natural gas is optimized during each stroke. For instance, the DynaPump can be programmed to pause at the bottom of each stroke to allow improved fillage of the bottomhole pump. Conventional units are not capable of such optimization, as neither their speed nor stroke length can be readily altered. This can translate to substantially improved production. As a result of this technology, one operator is able to improve fluid production by 25%, or over $1 million of oil per year.