Welcome to Weatherford!
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- Pamela Whitehead
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1 Welcome to Weatherford! Tomorrow s leaders are trained today. It is our pleasure to welcome you to our corporate training facility. You are our customer and guest. Please make the most of your visit with us today. Meet colleagues. Ask questions. Make friends. In short, capture the experience. We hope you ll leave us with new knowledge that has not only piques your interest in and understanding of artificial lift technologies, but also creates value for you personally and for your present and future employers. As your career expands, we will always stand ready to assist you with your industry needs.. Weatherford - The Lift Experts
2 Welcome To Weatherford! Katy Pumping Unit Manufacturing Facility Weatherford Production Global Training Center Artificial Lift Overview Introduction and Safety Slides Scott Campbell- US Sales Manager Production Joe Calhoun- US RRP Technical Sales Rene Mouton- TXGC Pumping Unit Sales Manager
3 Who is Weatherford Anyway? Drilling Weatherford has created a portfolio of drilling services and products that make well construction safer, reduce nonproductive time and enhance reservoir deliverability. Evaluation Our extensive portfolio of conveyance systems, coupled with industry qualified measurements, are being applied to open-hole and cased-hole wireline, slickline, LWD, well testing and geoscience services. Completion Weatherford provides everything from a comprehensive line of products for conventional completion in benign reservoir applications to engineered and integrated completion systems for complex and challenging environments. Production Weatherford helps maximize reservoir recovery and optimize field production through artificial lift, well optimization services and products, and intelligent completion systems that remotely monitor and control well, facility or field production. Intervention Our intervention services help remediate wells that have mechanical or formation problems. We help prolong the life of the well by providing systems to extend production or access and to retrieve remaining or stranded oil and natural gas reserves.
4 Weatherford Infrastructure at a Glance North America 422 Service Locations 47 Manufacturing Facilities 46% of employees Europe / W Africa 77 Service Locations 14 Manufacturing Facilities 12% of employees Asia 60 Service Locations 10 Manufacturing Facilities 8% of employees Latin America 103 Service Locations 10 Manufacturing Facilities 15% of employees Middle East 54 Service Locations 4 Manufacturing Facilities 19% of employees
5 So Who is Weatherford ALS Anyway.? 41% Market Share (RRP, GL, PL, HL, Cap, PCP) Expertise and Predictable Results Complete Lift Toolbox Unbiased Recommendations Systems Focus Efficiency and Effectiveness Integrated Production Management Continuous Optimization 8 8
6 Weatherford Strategic Acquisition Timeline The Evolution of Artificial Lift and Production Optimization Highland Pump Rotaflex Couplings Sargent FPP PSI Griffin Legrand McAllister Ampscot McMurry- Macco ESPI WTG PJM Axelson Guiberson EPS Premier Instruments CygNet LxData Highland Pump EVI Oil Tools Weatherford Taro Leamco Ruthco Corod Anbert Geremia Johnson Trico BMW Tieben American CiDRA CAC SOS Case Hasco Borco Guide Company
7 Production Optimization Lift Systems Most comprehensive Production Systems offering Reservoir Monitoring
8 Exploration Appraisal Visualization Of Our Value Statement Production Cash Flow Cash Return Capital Cost Production & Optimization Reduced Cash Flow Construction Drilling Initial Production Plateau Decline Abandon
9 The Impact of Production Optimization $ Profit Shut-in Point Time
10 The Impact of Production & Optimization $ Profit Shut-in Point Optimized Shut-in Point Time Extended well life
11 Why Do We Need Artificial Lift?
12 Introduction Q: Why do we need artificial lift? A: When the pressure of the reservoir fluids within the reservoir are less than, or change with time to be less than the hydrostatic head pressure of the total produced fluids from the reservoir to the surface production wellhead, the fluids will not flow. In order to be able to produce the fluids, energy must be introduced or transported down hole to the fluids, to help lift them to the surface and overcome the flow line pressure.
13 Surface Production Equipment 17
14 Production Plot Example
15 Production Plots
16 Effects of Loading on Production Decline Rate, MSCFD Normal Decline Potential Production Uplift Loading Time
17 Production Volume Type Curve of a Shale Well Naturally Flowing Formation Pressure Mechanical Assistance Required TIME Artificial Lift
18 ALS - Life of Well Progression Flowing ESP Rod Lift System Life of Well?? Bakken Well Example Natural Flow Install ALS - Electric Submersible Pump Optimize Install Rod Lift System
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