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$AGYP ~ Is Oil and Gas Explorer AGYP Going Electric?
https://www.drpjournal.com/is-oil-and-gas-explorer-agyp-going-electric/

What This Means For Investors

Capital Gains Report estimated the new ESP could yield between $1.09 and $2.09 million annually in oil revenue based on the reported oil cut, the increase in fluid production, and a cautious $80 crude spot price.

These projections, while pure speculation, still may not fully illustrate the revenue and margin impact the new ESP will bring.

Higher volume pumping could create greater oil cuts

Higher oil cut=higher revenue

Lower energy cost, fewer expenses

Fewer expenses, greater profit margin

ESP Advantages

Electric submersible pump (ESP) systems are:

- Low-maintenance
- Cost-effective

Especially compared to alternatives such as vertical turbine, split case, and positive displacement pumps in various fluid-movement surface applications in the petroleum industry.

The new ESP is ideal for AGYP’s ‘rework’ strategy because they are said to be ‘especially effective in wells with low bottomhole pressure, low gas/oil ratio, low bubblepoint, high water cut, or low API gravity fluids.’