Upwing Energy lands Canacol deal for downhole compression in Colombia

11 hours ago

By AI, Created 10:55 PM UTC, May 22, 2026, /AGP/ – Upwing Energy has signed an agreement with Canacol Energy for a planned subsurface compression program in Colombia, targeting mature natural gas wells with falling pressure and liquid loading. The initial deployments are meant to lift production, improve well life and potentially expand across Canacol’s portfolio.

Why it matters: - The agreement gives Upwing Energy a foothold with a major Colombian gas producer as natural gas demand grows. - The planned subsurface compression program is aimed at boosting output from mature wells that are losing pressure and producing less. - Upwing says the technology could also increase recoverable reserves and extend the productive life of the wells.

What happened: - Upwing Energy announced an agreement with Canacol Energy Ltd. on May 26, 2026, for a planned subsurface compression program in Colombia. - The initial deployments will use Upwing’s downhole compressor technology in selected natural gas wells. - The first wells were identified after technical discussions and an evaluation of Canacol’s assets. - The initial installations are planned for mature gas wells experiencing declining reservoir pressure and liquid loading. - The program could expand to additional assets across Canacol’s portfolio.

The details: - Upwing conducted enhanced production simulations on the selected wells. - Upwing predicts the reservoir formation will respond well to the drawdown created by downhole compression. - The Subsurface Compressor System is a high-speed downhole compressor designed to reduce bottomhole flowing pressure. - Lower bottomhole flowing pressure increases reservoir drawdown. - The system also addresses liquid loading by increasing gas velocity at the compressor intake. - The compressor adds thermal energy at the discharge, which helps increase velocity and atomization of fluids. - Upwing says the system can materially increase recoverable reserves by lowering abandonment pressure. - The result is intended to extend production from wells that would otherwise keep losing pressure. - Canacol Energy Ltd. is a natural gas exploration and production company with operations in Colombia. - Upwing Energy provides integrated subsurface compression services for responsibly sourced natural gas. - The company was formed in 2015 as an offshoot of Calnetix Technologies. - Upwing’s business includes technology intended to help gas producers boost production and recoverability while lowering emissions intensity. - Upwing’s contact listed in the release is Talia Demir, +1 818-217-7298. - More information is available on Upwing Energy’s website.

Between the lines: - The deal points to a broader push by gas producers to squeeze more output from existing fields instead of relying only on new drilling. - Upwing is positioning subsurface compression as both a production tool and a reserve-extension strategy. - For Canacol, the program appears aimed at improving near-term output while supporting longer-term field economics.

What’s next: - Upwing and Canacol will begin the initial SCS installations in the selected wells. - The companies will likely use those deployments to assess performance before any wider rollout across the asset base. - Upwing says it wants to demonstrate the impact of the system on production and recoverable reserves for Canacol and local communities. - Canacol expects the deployments to improve production performance and support a more energy-independent future.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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