The document discusses artificial lift, which refers to methods used to raise oil and gas from wells when the natural reservoir pressure has declined. It describes several types of artificial lift systems including beam pumping (also called sucker rod pumping), electric submersible pumps, gas lift, and plunger lift. Beam pumping is the most common type and involves using the up and down motion of a pump jack at the surface to actuate a downhole pump via sucker rods. Over 1 million oil wells worldwide use some type of artificial lift, with more than 750,000 relying on beam/sucker rod pumping. The document provides details on how beam pumping systems work and factors to consider when selecting artificial lift methods.