Zhongyuan new type energy-saving submersible motors are developed for solving such problems as large energy consumption and high lifting costs during the production of the electric pump Wells.

Most oil field in China has gone into interim period or late period of development, the lifting costs increase, saving energy problem in beam pumping unit was regarded in improving oil production.

The rise in oil costs also coincides with higher agricultural commodity prices, although those increases boost economies in countries such as Thailand by lifting farm incomes and wage rates.