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Dover Artificial Lift Acquires PCP Oil Tools of Argentina   

The Woodlands, Texas, October 2, 2017. Dover Artificial Lift products and services will integrate PCP Oil Tools operations in the San Jorge Basin, from Canadon Seco to Las Heras, covering Sinopec operations and at the El Corcovo oilfield, explored by PlusPetrol, located in the Neuquen Basin, leading the way as one of the premiere companies in the country with products and services to assist in the extraction of hydrocarbons.

Dover Artificial Lift enters Argentina with well known and respected legacy brands and the expertise to allow operators to get the most production out of their oil and gas wells. In addition to the Progressive Cavity Pump business of PCP Oil Tools, Dover Artificial Lift will bring key forms of Artificial Lift Technologies and Solutions:

 

Dover will also introduce the rest of their Artificial Lift portfolio into the Argentine market, providing solutions for customers with challenges across the industry.

"We have high expectations regarding our operation in Argentina and we will collaborate in the development of the oil and gas market in the country. We believe that Vaca Muerta is a very important energy reservoir and in our international trajectory, we will add knowledge of the local market of PCP Oil Tools. With over 125 years of conventional and unconventional reservoir work in the US market, our Artificial Lift expertise will provide companies with knowledge, products and capabilities to maximize their oil and gas production, " said Paul Mahoney, president of Dover Artificial Lift.

 

FOR QUESTIONS OR SALES INQUIRIES, PLEASE CONTACT ESTEBAN YOUNG AT esteban.young@doverals.com OR AT (+54) 11 4747-7587/7602/7618 (int.108)

FOR MEDIA INQUIRIES, PLEASE CONTACT SUSAN JOHNSON AT susan.johnson@doverals.com OR AT +01-281-403-5719