Artificial Lift Systems Market is driven by increasing mature oil fields
The Artificial Lift Systems Market comprises equipment and mechanisms used for extracting crude oil from wells with weak natural reservoir pressure. This includes sucker rod pumps, electrical submersible pumps, progressive cavity pumps, gas lift pumps, and hydraulic pumps. Sucker rod pumps are extensively used for lifting fluids from shallow oil wells and are relatively economical. On the other...
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