Novomet Canada Limited

Novomet Canada Limited offers electrical submersible pump (ESP) technologies that reduce the cost of fluid production and extend the economic life of oil wells. Novomet ESPs consume 20-30% less electricity than conventional ESP systems. Their slimhole designs increase drawdown by enabling the ESP to be placed deeper in wells with small casing sizes, and reduce the likelihood of getting stuck while running in hole. Novomet uses advanced, proprietary powder metallurgy techniques developed in Perm, Russia in the early 1990s. Customers in the Canadian market now have access to technologies that have led the artificial lift industry for the past 20 years.

Novomet ESP systems feature slimmer outside diameters than competing products, making them easier to install and less likely to get stuck. They are designed to handle harsh well conditions, high gas-to-oil ratios, high temperatures, abrasive and corrosive fluids, heavy oil, wells with a minimum drift of 3.3 in., and highly deviated wellbores. Novomet offers full systems, or components including pumps, motors (induction and permanent magnet), protectors, variable speed drives, and sensors.

Novomet currently serves customers in more than 25 countries. They have installed over 30,000 systems and more than 8,000 permanent magnet motor systems worldwide. Novomet Canada Limited was founded in 1991 and is located in Devon, Alberta, Canada.