UK Artificial Lift Systems Market Outlook

the united kingdom has been an early adopter of the new wave of artificial lift systems (als) over the past decade, and the demand for these systems is expected to remain high in line with the country’s booming oil and gas industry. recent advances in automation and remote control have also been beneficial for als in the region, helping to improve efficiency and reduce costs. from an operational perspective, als are proving to be invaluable for the united kingdom’s aging north sea oilfields. the ability for als to extract oil from deep reservoirs and extend the lifecycle of aging oilfields have made them a key resource, especially for operators looking to maximize their returns from maturing wells. the u.k. also has amongst the highest shares of als installations worldwide. the united kingdom’s popular yet bass fields, which are located in the heart of the north sea, rely heavily on als for oil extraction. here als systems play an especially crucial role in ensuring the sustainable production of oil, helping to reduce production costs to help operators remain profitable. from a technological point of view, the development of advanced software and sensor technology have helped improve als performance and reliability, while developments in the areas of robotics and variable speed drive (vsd) pumps can further enhance als’ capabilities. in terms of outlook, the united kingdom – like the rest of the world -- will remain heavily dependant on als technologies. this is likely to remain the case as the united kingdom works to meet its production energy demands, which continue to increase each year. in conclusion, the outlook for u.k. artificial lift systems is encouraging. the country has long been one of the first adopters of als technologies, and with advancements in automation, robotics, and software, the demand for these systems is expected to remain strong throughout the forecast period of 2018-2032.