PIC Technical Summary
- PIC is a simple and inexpensive design.
- PIC reduces pumpjack operational costs for oil production.
- PIC enables the prime mover (motor) to operate continuously at optimal efficiency, which reduces the operational cost of electricity.
- PIC extends sucker rod life due to the reduction of dynamic load severity.
- PIC eliminates the need and expense to fix an unbalanced pumpjack because PIC can smoothly react to extremely high torques from an unbalanced pumpjack.
- PIC forces the prime mover (motor) to operate continuously at constant torque.
- PIC allows the prime mover (motor) to be reduced in size by more than 50%.
- PIC benefits apply to both motors and engines.
- PIC absorbs dynamic loads, which enables smooth operation at constant speed.
- PIC produces better, quicker, and smoother reaction to torque spikes than a VFD.
- PIC incorporates a small flywheel because only a small amount of kinetic energy is needed for smooth operation of the pumpjack.
- PIC can be retrofitted to existing oil wells.
- PIC US patent number 10,859,137. Additional detailed technical information can be found in the patent filing.