New rod guide technology extends LPS’s system-level approach to wear reduction and run-life optimization. With PowerFlo™, we took a different approach by engineering a rod guide that addresses wear, ...

MUSCAT, Oman, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Lufkin Industries (“Lufkin”), a global leader in artificial lift solutions, has been awarded by Petroleum Development Oman’s (“PDO”), a multi-year ...

Industry-Leading Brand in Global Rod Lift Solutions to Become Independent Company NEW YORK, May 1, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive ...

Lufkin Industries, which is backed by KPS Capital Partners, has acquired Schlumberger’s Rod Lift Business, a provider of rod lift products and services in North America. No financial terms were ...

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- Artificial Lift Market is projected to reach USD 9.0 billion in 2028 from USD 7.3 billion in 2023 at a CAGR of 4.4% according to a new report by ...

NEW YORK, May 1, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to acquire the Lufkin rod lift solutions business ("Lufkin" or the ...

Building on Nearly a Decade of Proven Performance in Oman Since the early 2000’s, the New Contract Reinforces Lufkin’s Track Record of Success and Partnership with Petroleum Development Oman MUSCAT, ...