ESP Technology to Maximize Revenue

Wallace HuardUS Sales Manager Novomet USA, Inc.

2

Artificial Lift Challenges

• Horizontal Completions/Severe Doglegs

• Small Casing/Liner

• High GOR

• Corrosive

• Abrasive

• Power Requirement

• ESP Operating Efficiency

3

Horizontal Completions/Severe Doglegs

• Maximum drawdown = Maximum production

• Need to set ESP as close to reservoir VD as possible

• Doglegs through KOP require short, small OD equipment

• Conventional ESP equipment is limited by horsepower and rate requirements

4

Permanent Magnet Motor Advantages

15% lower operating current

14% higher power factor

85% lower idle current

10% less power consumption

General losses reduced by 200%

Decreased motor heating by 20-25%

Motor is shorter and lighter by up to 60%

5

Permanent Magnet Motors in Operation

Russia 4584

Kazakhstan25

Indonesia 2 Egypt

30

Argentina16

Ecuador 7 Colombia 154

Azerbaijan5

Mexico 2

USA 42

Total PMM implemented – 4867 Russia – 4584, International - 283

6

High Efficiency Pumps

1 – Precision pump stage pre-manufacturing processes utilize computational analysis, laser prototyping, and rigorous testing to meet or exceed pre-determined efficiency targets

2 – Powder metallurgy technology achieves a very high quality finish and extremely tight tolerances of the flow passages which reduces hydraulic losses and ensures stage consistency

7

PMM + HE Pumps = PowerSave System

8

PMM + HE Pumps = PowerSave System

9

Small Casing/Liner – 3.19” OD ESP

10

Small Casing/Liner – 2.72”/3.19” OD ESP

11

Small Casing/Liner – 2.72”/3.19” OD ESP

12

Severe Dogleg

13

High GOR – Multiphase Pumps

14

High GOR – Multiphase Pumps

15

Corrosive Applications

• Material Selection Critical

• External Components Monel Coated

• Monel Fasteners Used Exclusively

• Pump Internals Coated

• Powder Metallurgy Pump Stage Utilizes Corrosion Resistant Alloys

16

Abrasive Applications

• Material Selection Critical

• Tungsten Carbide Bearings

• Hardened Pump Internals

• Desanders

• Slotted Screen Intake Filters

17

Power Requirements

• PMM + HE Pumps significantly reduce surface power requirements plus:

18

ESP Operating Efficiency - Summary

• Greater ESP Operating Efficiency Increases Revenue• Smaller surface electrical equipment

• Lower power bills especially critical during initial water production phase

• Shorter/smaller OD ESP operates in smaller casing/liner closer to the producing reservoir maximizing drawdown and production

• Higher efficiency PMM generates less heat increasing runlife

• Multiphase pump handles greater volumes of gas maximizing production, reducing gas lock shutdowns, increasing runlife

• Proper material selection and ability to manufacture with application specific alloys reduces downtime and increases runlife