FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LIMITED.

Transcription

1 FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LIMITED

2 EXECUTIVE SUMMARY This proposal intends to present technical competence of FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LTD (FADSS). This proposal also covers, in detail, technical features of some of the components FADSS provides along its ultra-modern services. In line with the Federal Government local content vision to grow a world-class indigenous company that would render quality and efficient service to the oil and gas sector, that this organization was established. FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LTD (FADSS) is a subsidiary of the GAS Group. Founded in 2010 as a wholly Nigerian company established to provide advanced solutions to the energy industry in Nigeria, Africa and beyond. Since inception, we leverage our technical and safety leadership cultivated through project execution in new and emerging of our customers programs. We are a technically innovative company providing worldwide drilling services, well engineering, well completions, well downhole operations, rental tools and project management as well as rig design, rig rental, construction and operations management. In the quest to enhance the capabilities of FADSS, we are into strategic Allianz with the following world renowned organizations; 1. CNOOC, China 2. Starse, China 3. IDE, USA 4. Loadcraft, USA, etc. Being fully equipped with the requisite industry knowledge, FADSS is fully posi- tioned to undertake any project within our area operations and such will be executed safe, within budget and on time. Our personnel and equipment are operating in strategic locations and markets. Likewise, our rental tools business supplies premium equipment to operators on land, offshore and swamps. FADSS has been awarded several contracts for the design, construction, and operation of customer owned rigs including the operation of two extended reach drilling land rigs and an offshore drilling platforms. Presently, FADSS tools and equipment storage facility at the SHELL Kidney Island is one of the most stocked tools and equipment storage yard in the entire West Africa. The Facility also has direct access to the water ways with a dedicated jetty to support FADSS operations. A visit to this facility will in doubt impress your person. This proposal also hints of FADSS commitment to providing quality services while ensuring the safety of lives and the protection of the environment. All inquiries, questions and comments should be directed to; Name: GLIFFETH WONUIGWE Address: PLOT 6B, BLOCK 110 OLU- WAKAYODE JACOBS STREET, LEKKI PHASE 1, LAGOS, NIGERIA. Telephone: +234 (01) Mobile Phones: ; Address: gliffeth.wonuigwe@ gasgroupintl.com Thank you. Yours Sincerely, For: FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LTD, GLIFFETH WONUIGWE (GAS Group CEO) RAYMOND ABANDA ( EXECUTIVE. DIRECTOR OPERATIONS)

3 Founded in 2010, We leverage our technical and safety leadership cultivated through project execution in New and emerging global markets to enhance the efficiencies of our customers drilling programs. Our personnel and equipment are operating in strategic locations and markets ABOUT US FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LTD (FADSS) provides advanced solutions to the energy industry. We are a technically innovative company providing worldwide drilling services, well engineering, well completions, well services, downhole operations, rental tools and project management as well as rig design, rig rental, construction and operations management. VISION Our rental tools business supplies premium equipment to operators on land and offshore. FADSS has been awarded several contracts for the design, construction, and operation of customer owned rigs including the operation of two extended reach drilling land rigs and an offshore drilling platform. To become the leading global provider of premium services in the industry we operate in while generating consistent superior returns for our stakeholder OUR MISSION Use The Most Advanced Technology Yet Possible Advanced Technology Unique to Our Industry Welding Automation Material Handling Automation Very High Precision Screen Machines In-process Slot Measurement System Wire Mills That Hold Extremely Tight Tolerances * Reduce Operating Costs Reduced Scrap Reduced Manpower Requirements

4 GOALS AND OBJECTIVES QUALITY GOALS Our goal is to continually improve the safety and efficiency of our services, while striving to increase utilization and production by following the directives of FADSS Quality and Safety Management Systems QUALITY OBJECTIVES The quality objective of FADSS is to be an industry leader delivering innovative drilling services that consistently exceed the requirements, needs and expectations of our Clients. OUR VALUES Integrity We maintain high ethical standards and demand integrity in our dealings with competitors, customers, partners and each other. Innovative Spirit We create exceptional value for our customers through our Relentless pursuit of improvement in the performance and efficiency of our drilling solutions. Superior Service to Our Customers We are committed to helping customers become more successful through our superior service and enhanced value. Respect for People and the Environment We work in a manner that protects and promotes the health and well-being of the individual and the environment. HEALTH, SAFETY & ENVIRONMENT We are committed to a behaviour-based approach to health & safety environment HEALTH, SAFETY AND ENVIRONMENTAL PHILOSOPHY Our goal in safety is to prevent all injuries. Protection of human life is our highest priority and actions undertaken to protect the environment or company assets must reflect this attitude. All our employees are responsible for health, safety and environmental protection compliance. FIRST ATLANTICS DRILLING AND SUPPORT SERVICES LTD believes that accidents are preventable and has made a firm commitment to safety. This dedication has been confirmed in our excellent safety record, reflecting no "lost time" accidents or injuries since inception in We recognize the value of health, safety and secure environment. HSE excellence is one of the foundations of our relationship with our clients, suppliers, and subcontractors. Our goals are to: Do no harm to people or property Do no damage to the environment A Passion for the Environment FIRST ATLANTICS DRILLING AND SUPPORT SERVICES LTD shall through its Safety and Environment policy ensure that protection of the environment is given priority where the project is located and must also conduct all its activities in a manner by which the health and safety of its employees, its sub-contractors and communities is enhanced. FADSS will adhere strictly to Regulatory standards of the oil and gas industry, as well as clients HSE guidelines and meet all relevant government requirements. Our work will take cognizance of local flora and fauna and the effects on local communities and work sympathetically to avoid conflicts of interest.

5 QUALITY POLICY A Passion for the Local Community FADSS endeavors to educate local communities affected or adjacent to work areas to give full assurance that ongoing work is being sympathetically undertaken and that local customs and habitats will be enhanced by the work. FADSS has also developed a programmed which enables an explanation in layman s terms the nature of work to commence and assurances that any disruptions will be kept minimal. With effective work procedures and practices in place, our employees are committed to quality. Employees at FADSS are empowered and held accountable with identify problems, implement solutions, and report problems in order to avoid recurrence. We are committed to a system of continual improvement with the intent to create a competitive advantage for our customers and ourselves. We constantly strive to exceed the needs and expectations of our internal and external customers. We shall maintain an Integrated Quality and Safety Management System compliant with accepted international standards. We shall place highest value on integrity, innovative spirit, superior service to our customers and respect for people and the environment. Details of how all detritus produced as a result of project work will be disposed of in a symphatetic and environmentally safe way

6 HARCOURT) OVERVIEW OF FADSS FACILITIES (PORT OUR SERVICES: Personnel management Drilling Supervision Well Stimulation / Optimization Critical well repairs Well Completion Well Intervention and Workover Cementing Coiled TBG Services Fishing / Retrieving Operations Downhole Tools rental Asset Management

7 OVERVIEW OF FADSS FACILITIES (LAGOS) OV ER VI E W OF FA DS S FA CI LI TI ES (L A GO S)

8 WELL COMPLETIONS FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LTD (FADSS) provides effective well completion services dedicated to ensuring minimal intervention cost, maximum production of the well and ensure longevity of the life of your well. WELL WELL FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LTD (FADSS) COMPLETIONS

9 WELL COMPLETIONS Multilateral Well Completions Multilateral wells combines selective and multiple functions, and also has the particular characteristic of using several holes, which converge into a father well. L L WELL INTERVENTION & I T E V E WIRELINE N T Primary Well control - Stuffing I Box (Slickline) - Grease O Head (Braided/Electric line) N WORK OVER OPERATIONS Secondary & Well Control - BOP c/w Dual blind rams - Slickline W - BOP c/w inverted dual blind rams O - Braided/ R Electric line - Grease K injection between rams Intelligent Well Completions (IWC) Intelligent well completions use separating devices inside the well to separate oil from water downhole, and re-inject that same water into the formation during oil production. Intelligent well completion indicates the direct control of the flow and emission, both on a productive level and on an environmental level. Tertiary O Well Control - BOP Vc/w Shear Ram - In the event tree MV cannot E shear wire R TRACTORS O P History E - Deviated R or horizontal wells now common A place - Slickline T relies on gravity for well access I - Tractors O introduced in Provides driving force at the end N of the wire via traction wheels - Speed S and force dictated by number of drive sections F - AMechanical Services introduced in 2003 D S - Coiled tubing Tractors S w e l l Unit components - Electrics - Powered from surface through wire - Control for motor & pump - Motor & Pump - Generate hydraulic flow and pressure - Wheel section - Provides axial force at end of wire - Typically 500lbs per section - Compensator - Caters for oil pressure increase and keeps pump primed Applications - Well access - Mechanical applications introduced in Scale milling - Brushing and polishing - Manipulation tools - Debris removal - Logging while Tractoring - Bi-directional open hole tractor

10 WELL INTERVENTION & WORK OVER OPERATIONS COILED TUBING History WELL INTERVENTION & WORK OVER OPERATIONS COILED TUBING - Pipeline Under The Ocean (PLUTO) - Allied invasion in " pipelines, 70km long - Supplied fuel to allies in Europe - 1 st oilfield application in ,000ft, 1.315in OD - Sand bridge cleanouts TUBING GUIDE ARCH & INJECTOR HEAD PRESSURE CONTROL EQUIPMENT (PCE) HYDRAULIC WORKOVER (HWO) History Applications. Vertical, deviated and horizontal wells on both land and offshore: - Fluid displacement - Logging - Perforating - Stimulation - Remedial cementing - Setting, retrieving bridge plugs - Fishing - Mechanical removal of blockages (milling) Coiled tubing string design - Continuous length of pipe - 1 1/2" 3 1/2" OD - Typically 22,000ft long - Tapered ID design - To withstand combination of forces in hole - Adequate stiffness "lock-up - Plastic deformation consideration - Circulation rates and pressures - Logistic considerations Function - To support, straighten and align the tubing into the injector head - Provides the surface drive force to run and retrieve the tubing Design Consideration - Arch radius should be at least 30 times tubing OD (API 5C7) - Must withstand the loading caused by reel back tension - Must withstand side loading caused by fleet angle - 120% of max force expected pull the tub-ing from the well (API 5C7) - 120% of max force expected to snub the tubing into the well against wellhead pressure (API 5C7) Function - Stripper provides dynamic primary seal around the tubing during tripping and a static seal around the CT when there is no movement - BOP provides secondary wellbore pressure containment and facilitates tubing severance, tubing support and seals around the tubing Design Consideration - Rated working pressure must exceed maximum anticipated surface pressure tion to suit application - Pipe severance under anticipated conditions - Mr R H.C. Otis Snr. Designed and built first unit to run pipe under pressure in Rig "snubbed" pipe in via series of chains and pulleys. - 1st generation HWO unit introduced in the 1960's - No requirement for rig. - Typically run pipe in singles. - Rig assist (RA) units returned in late 1990's to support UBD activity. - Hydraulic jacks

11 WELL INTERVENTION & WORK OVER OPERATIONS WELL INTERVENTION & WORK OVER OPERATIONS HYDRAULIC WORKOVER FIRST ATLANTIC DRILLING AND SUPPORT SERVICES LTD' objective is to cost-effectively, efficiently and safely help optimize drilling operations around the world. FISHING & DOWNHOLE OPERATIONS DEDICATED TO SAFETY AND QUALITY FIRST ATLANTICS DRILLING SUPPORT SERVICES Fishing Services is dedicated to maintaining the highest safety and quality standards. This dedication is reflected in the fact that Fishing Services is ISO compliant and joins other FADSS service lines in achieving one of the best ratings in the industry. Inspection Process brings a new level of efficiency, accountability, and consistency to Fishing Services' tool maintenance program to ensure that every tool that is sent to the customer's well site will perform successfully as expected. i n f g a s g r o u p i n t l. c o m With a vast inventory, experienced representatives who are specialists, FADSS is ready to help you perform faster, better and smarter. We're more than just a tool rental company our representatives are available to partner with you from the planning stages, through active drilling to the conclusion of the project to help determine the most efficient application of rental tools on the job. Our strategically located, full-service Fishing Service facilities in Shell Kidney island operate around the clock, seven days a week to service customers both in the Niger Delta and other locations. ENSURING SAFE OPERATIONS HYDRAULIC WORKOVER (HWO) Applications - Through tubing intervention washing, unloading, simulation etc. - Milling inside tubing or casing - Running or pulling production strings - Through tubing drilling (over or under balanced) - Abandonment - Deploying perforating guns under pressure - Blowout recovery operations HYDRAULIC WORKOVER (HWO) Unit components - Ginpole and Winch - Facilitates a crane boom - Picks up tubing joints to the work basket - Not required for Rig Assist Units - Travelling Slips - Two sets of slips to Cater for pipe heavy and light scenarios - Incoporate rotary head - Work Basket - Accomodates crew and unit controls HYDRAULIC WORKOVER (HWO) Unit components - Hydraulic jack - Provides the appropriate force to run and pull tubing string - Typically <600klbs - Stationary slips - Holds tubing string when travelling slips are disengaged - Annular BOP - Secondary well control when stripping/ snubbing pipe - Stripper 1 & 2 - Primary well control when snubbing/stripping pipe - Equalising loop for running - upset joints/collars - BOP's - Tertiary well control - Pipe/Blind/Pipe A wide array of advanced fishing tools FADSS Fishing Services includes but not limited to; Open-hole fishing services Cased-hole fishing services Cutting and milling services Thru-tubing services Casing exit systems & whipstock Foam units Remote-controlled power swivels Circulation systems High-torque wash pipe Packer services Fishing jar services Pipe Recovery services Maintenance & Tools Dressing services Fishing Services provides a full line of casedhole, open-hole and thru-tubing downhole fishing tools that are expertly applied at the well site by knowledgeable fishing tool supervisors that are among the best in this industry. Our Fishing Services' personnel have more than 85 years of advanced land and offshore fishing experience, ensuring customers receive the best tools, equipment and service in the industry. Fishing Services' technically advanced mills, cutters, casing exit systems and other downhole fishing tools are worked to ensure a quality outcome every time. Examples of Fishing services' commitment to new products include the single-trip whipstock, casing exit system and innovative thru tubing indexing tool.

12 FISHING & DOWNHOLE OPERATIONS OVERSHOT - GRIPPING AND RELEASING MECHANISM FISHING & DOWNHOLE OPERATIONS SUCKER ROD OVERSHOTS IMPRESSION BLOCKS AND EXTENSION SUBS OVERSHOT ACESSORIES

13 FISHING & DOWNHOLE OPERATIONS ITCO-TYPE RELEASING SPEARS FULL-CIRCLE RELEASING SPEARS SUBS

14 FISHING & DOWNHOLE OPERATIONS FISHING & DOWNHOLE OPERATIONS JUNK BASKET JUNK BASKET FISHING MAGNET

15 i n f g a s g r o u p i n t l. c o m w w w. g a s g r o u p i n t l. c o m FISHING & DOWNHOLE OPERATIONS MAGNETS FISHING & DOWNHOLE OPERATIONS ROTARY SHOES MILLING TOOLS CUTTERS w w w. g a s g r o u p i n t l. c o m i n f g a s g r o u p i n t l. c o m

16 i n f g a s g r o u p i n t l. c o m FISHING & DOWNHOLE OPERATIONS TUBING & CASING PACHES FISHING & DOWNHOLE OPERATIONS SWIVEL HEAD w w w. g a s g r o u p i n t l. c o m WINDOW RE-ENTRY SYSTEM Window Re-entry System offers a cost effective and efficient way to locate and re-enter existing windows in cased wellbores. The system mechanically locates an existing window both the top and bottom then installs a properly aligned and secured whipstock as a re-entry guide. The window can then be entered or exited with full-gauge tools. THE SYSTEM ADVANTAGES Window Re-entry System can locate up to six windows. Assembly length of approximately 30 ft. allow for easier snubbing. Flow control sub allows for well control prior to and immediately following anchor setting. Whipstock anchors securely in place, allowing milling operations or running of shouldered tools without fear of dislodging the whipstock. System is easy-to-retrieve with retrieving hook and requires a straight pull to release anchor. Bowen Casing Scrape Washover Pipe SUMMARY OF FADSS FISHING AND DOWNHOLE SERVICES External catch Tools Internal Catch Tools Junk Retrieval Tools Milling and Cutting tools Accessory Tools Repair and Remedial Tools Washover Pipe Sups/Shoe Washover Pipe Assembly

17 TOOLS RENTAL DOWNHOLE TOOLS RENTAL FADSS is a full-service provider of complete tubular for drill pipe, bottom hole assembly components and heavy lift rig and handling equipment. FADSS also offers pipe maintenance services and storage. This service covers for both land and offshore operations. Our services are available with our standard to provide the highest quality service while meeting or exceeding all safety requirements. We continue to upgrade our quality process with programssuch as ISO and DNV (Det Norske Veritas) certifications. Our operational base at the SHELL Kidney island has more than enough space with its total land surface area of 30-acres that operates 24/7 to service all our clients and prospective clients as well. ENSURING SAFE OPERATIONS As a recognized organization in safety, FADSS has implemented in-house training programs to prepare employees to safely handle every situation from tool preparation to environmental issues. FADSS maintains the highest level of safety in the industry. As a disciplinary organization, FADSS also has the capabilities for the supplies of specialized oil and gas rental tools providing highquality, reliable equipment used for drilling, completions, work over, fishing/downhole services and production applications, such as drillpipe, heavy-weight drill pipe, tubing, high-torque connections, blow out preventers, drill collars and more. With a vast inventory, strategic locations and experienced representatives, FADSS is ready to help you perform faster, better and smarter. We're more than just a tool rental company our representatives are available to partner with you from the planning stages, through active drilling to the conclusion of the project to help determine most efficient application of rental tools on the job. FADSS tools can support operations in unconventional drilling programs, including deepwater, directional and deep well drilling programs, completions and fishing/downhole services because our premium rental equipment meets or exceeds API and DS-1 specifications, and is subject to a rigorous quality assurance program, including high pressure testing for well control equipment, ensuring optimum performance and safe operations. It is the goal of FADSS to be the best rental tool services provider in the business while working safely and reducing impact on the environment.

18 COMPLETE TUBULAR SERVICES COMPUTER AIDED APPLICATIONS Full Length Ultrasonic Inspection(FLUT) of Drill Pipe Ultrasonic End Area Inspection EMI Drill Pipe Inspection Bottom Hole Assembly (BHA) Inspection Hoisting & Handling NDE Equipment Inspection Portable Lathe Refacing Drill pipe, Hevi-Wate Drill Pipe and Drill Collars Pipe Maintenance - Water Blasting - OD/ID Brushng - OD/ID Coating Hardbanding - Portable Units - Staionary Units Hardness Testing Full Machine Shop Services PREMIUM TOOLS FADSS utilizes the latest technology available in the computer sciences to provide our clients with necessary support. We are constantly upgrading both our hardware and software applications as technology expands. Our computer systems link our offices in Houston and interface with many of our clients in data exchange. Current applications utilized on our Corporate Computer System include: OPERATING SYSTEMS SERVER Windows 8, 4w/Seagate Back Up Exec Version 7.0 WORKSTATIONS Windows 8 APPLICATIONS Project Scheduling Fast Track Schedule Version 4.0 (AEC Software) Timeline scheduling application designed for project management MS Office Project Version 2016 Hysim (Hyprotech, LTD) Process Simulation Application for hydrocarbon and other chemical processes. Strucad *3D (Zentech, Inc.) Structural Analysis Application for design of steel and concrete structures including offshore pile, jacket and deck structures. DRAUGHTING AutoCAD release 14, 2000, 2002 & 2004 (Autodesk) Computer Aided Design (CAD) AutoCAD 3 rd Party Add On Software Pro-flow Version 12.2 (Rebis) Pro-Pipe Version 12.2 & 13 (Rebis) AutoPLANT Version 97 (Rebis) FlexCAD Release 3.54 (PI Integrated Ssytems) MathCAD MULTIPURPOSE BUSINESS TOOLS Office 2016 ENGINEERING Pipeline (Gulf Publishing Co.) Pipeline sizing for gas, liquid and 2 Phase process flow.

19 WELL STIMULATION SERVICES In addition to our current services, we have brought on board our Stimulation vessels to carry out all Well Stimulation services and for this we are bound by a long term commitment with our partners EMIRATES WESTERN as their sole representative across sub-saharan Africa. Our Vessels are able to carry out services including: Drilling Wireline Acidizing Coiled tubing drilling Production through coiled tubing Fracturing Cementing Stimulation Nitrogen services Downhole tools Well Intervention and workover Vessel services Related Chemical services Oil sludge treatment

20 WELL STIMULATION SERVICES

21 WELL STIMULATION SERVICES

22 ASSET MANAGEMENT

23 INVESTMENT MODEL The world is continuously changing and becoming more complex. These changes and complexities have significant impact on society, business and the natural systems in which they operate. FADSS Asset Management is designed to help and maintain control over organizational assets, perform financial accounting related to assets, calculate and maintain lease information, and provide a central repository for asset information. With FADSS unique position in the market our investment experts can draw on many diverse viewpoints. By sharing knowledge and insights across capabilities, asset classes, industries and geographies, we are able to make connections between seemingly unrelated factors, uncovering hidden investment opportunities for our clients Apart from the energy sector, FADSS also monitors opportunities in different sectors, where it has a potential to create value with its unique know-how and experience. At the heart of our investment approach, we have an emphasis on creating sustainable value with CNOOC our financial partner.

24 First Atlantic Drilling & Support Services Ltd has developed a model that will generate high financial, social and environmental returns from cash investments by securing rights through this framework. Most Organisations are coming under increasing pressure to deliver more for less We journey with organisations to help them understand their role in a changing society and economy. In FADSS, we operate groups of assets over the whole technical lifecycle guaranteeing a suitable return and ensuring defined service and security standards. Below is our asset management (AM) process.

25 FADSS philosophy is to invest in businesses where the paradigm shift is our main goal in order to create market-leading companies in their different sectors. FADSS is also able to monitor the opportunities from different industries, where it has a potential to create value with its unique know-how and experience. FADSS seeks to acquire majority shares or minority shares with controlling rights of its target companies. In addition, we are open for partnerships with strategic co-investors who are able to contribute our businesses throughout their stages of development. FADSS unique blend of skills and perspectives enables us to make better-informed decisions so we can help our clients, both individuals and institutions, to achieve their financial goals. FADSS aims to invest in companies; With sustainable and major growth potential, market leaders or strong candidates having the potential to create value with our industry experience coupled with access to unique financing options.

26 CONTACT LAGOS PLOT 6B, BLOCK 110, OLUWAKAYODE JACOBS STREET, LEKKI PHASE 1, LAGOS, NIGERIA. PORTHACOURT SHELL's KIDNEY ISLAND, ABONNIMA WATER FRONT MILE 1, PORT HACOURT, RIVERS STATE, NIGERIA. TEXAS 3811 N BRIDGE STREET, BRADY, TX 76825, TEXAS, USA.

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