Upwing Energy provides downhole gas compression systems for the oil and gas industry. It designs and sells subsurface compressors that sit in the well and boost gas production by drawing gas closer to the perforations. The main product, the SCS 425, uses a magnetically levitated permanent magnet motor to drive a high-speed compressor downhole. Torque is transmitted from the motor to the compressor through a magnetic coupling instead of a traditional rotating shaft, so there are no rotary seals or pressure chambers in the transfer path. Electric parts are hermetically sealed to prevent common ESP failures. The system is built to handle harsh downhole environments and is serviced through sales, maintenance contracts, and technology licensing. Compared with conventional downhole pumps, Upwing Energy emphasizes reliability under extreme conditions and leveraging magnetic technologies from its parent company, Calnetix Technologies, to improve gas drawdown and recoverable reserves.
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$32.1M
Headquarters
Cerritos, California
Founded
2016
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