ChampionX Artificial Lift News | ChampionX Artificial Lift

Workers looking at a computer monitor with data at a science lab.

Article:

January 28, 2021

Tight Capital Drives Industry Ingenuity

In today’s market U.S. producers are looking for ways to reduce operating costs and increase production from existing wells. Our industry experts contributed to the January issue of The American Oil & Gas Reporter. They discussed our plans to utilize artificial intelligence technology in our chemical dosing and how artificial lift equipment can optimize producing wells.

Press Release:

November 16, 2020

ChampionX Enters Exclusive Collaboration Agreement to Advance Nanotechnology for Production Equipment

ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today an exclusive collaboration agreement with Modumetal Inc. The agreement is intended to drive production-related technology developments by combining Modumetal’s advanced materials and processes and ChampionX’s extensive research and development capabilities.

Press Release:

July 13, 2020

Apergy and ChampionX Complete Merger to Create the New ChampionX

THE WOODLANDS, Texas, June 03, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation, formerly known as Apergy Corporation (“ChampionX” or “the Company”) (NYSE: APY) announced today the completion of the merger of the businesses of Apergy Corporation and ChampionX Holding Inc., the former upstream energy business of Ecolab Inc. In association with this transaction, Apergy Corporation has changed its name to ChampionX Corporation, and beginning tomorrow its shares of common stock will trade on the New York Stock Exchange under the symbol “CHX”.

Article:

April 13, 2020

E&P magazine features AFFIRMED™ PowerFit ESP motor

A smaller diameter ESP induction motor specifically designed for the challenges of unconventional wells easily fits in 5½-in. 20 lb and 23 lb casing with no modifications and features an enhanced electromagnetic design to deliver comparable horsepower to a 4.56-in. motor.

Press Release:

January 28, 2020

Apergy releases XSPOC 3.0 optimization software

HOUSTON, TX (January 28, 2020) — Apergy Corporation announces today the launch of XSPOC 3.0, the latest release of its production optimization software. This release provides a number of powerful updates to the XSPOC platform, enabling set point optimization of rod lift wells and Artificial Intelligence (AI)-driven classifications for ESP wells that allow users to better optimize their production assets with less resources and time.

Press Release:

January 24, 2020

Apergy to Combine With Ecolab’s Upstream Energy Business in a Tax-Free Transaction, Creating a Global Leader in Production-Optimization Solutions

Apergy Corporation (“Apergy”) (NYSE: APY) and Ecolab Inc. (“Ecolab”) (NYSE: ECL) today announced that their Boards of Directors have approved a definitive agreement pursuant to which Ecolab will separate the Upstream Energy business of Nalco Champion (which is being renamed ChampionX) and simultaneously combine it with Apergy in a tax-free transaction, creating a scaled, global leader in production-optimization solutions (the “Combined Company”).