In full blown denialSo RPC is looking for another preferably American test well bore partner. One that has a horizontal well with better economics, so they can install the HART system. Is there thinking that a higher volume well will make the pump perform better? I mean.......wasn't the thesis for the pump that it brought out oil that wasn't being pumped otherwise with regular pumps?
Were those fabled Canadian "partners" not enough to prove their system up? Oil wells are oil wells. If the pump works so great why are those partners not buying all the pumps you can build? Greed is greed right? If the flow rates increase so much, how could they not want them in every well? With those poor unlucky Americans unable to get their hands on the system because gosh darn-nit they are sold out! If the HART doesn't take a poor well and make it good, why would one come to the conclusion that it would make a good well great?
No the truth is that they don't work any better then normal pumps, and as a result this means a considerable risk for the partner to put up a good production well and get nothing for it. What if the pump gets stuck? Or just plain breaks down. Taking a well off line for installation/retrieval doesn't make much sense to the well's owner.
No my humble opinion is that Canada has run it's course as a useful guinea pig. And heading into the US is just a way to extend the what limited life span RPC has left.
Just like the gambling addict looking to borrow a little money from relatives, because he finally figured out the game of poker.