pleasure to welcome you to our corporate training facility...

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© 2006 Weatherford. All rights reserved. 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

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Page 1: pleasure to welcome you to our corporate training facility ...uhspe.org/wp-content/uploads/2014/11/Weatherford-Artificial-Lifts... · pleasure to welcome you to our corporate training

© 2006 Weatherford. All rights reserved.

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

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© 2006 Weatherford. All rights reserved.

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

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© 2006 Weatherford. All rights reserved.

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.

Who is Weatherford Anyway?

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© 2006 Weatherford. All rights reserved.

Latin America

103 Service Locations

10 Manufacturing Facilities

15% of employees

North America

422 Service Locations

47 Manufacturing Facilities

46% of employees

Asia

60 Service Locations

10 Manufacturing Facilities

8% of employees

Europe / W Africa

77 Service Locations

14 Manufacturing Facilities

12% of employees

Middle East

54 Service Locations

4 Manufacturing Facilities

19% of employees

Weatherford Infrastructure at a Glance

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© 2006 Weatherford. All rights reserved.

So Who is Weatherford ALS Anyway…….?

8 8

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

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© 2006 Weatherford. All rights reserved.

Weatherford Strategic Acquisition Timeline

The Evolution of Artificial Lift and Production Optimization

Highland Pump

1988 1990 1998

PSI

Geremia

Taro

Johnson

Griffin Legrand

Ampscot

American

Leamco Corod

Ruthco

1995

Anbert

BMW

McMurry-Macco

Tieben

ESPI

2000

EVI Oil Tools

Weatherford Highland Pump

Axelson Guiberson

WTG PJM

Case CAC

Rotaflex Couplings Sargent

FPP

Trico SOS

2010

Guide Company

EPS CygNet

LxData Premier

Instruments

Hasco Borco

McAllister

CiDRA

2013

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© 2006 Weatherford. All rights reserved.

Production

Optimization

Lift Systems

Reservoir

Monitoring

Most comprehensive Production Systems offering

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© 2006 Weatherford. All rights reserved.

Visualization Of Our Value Statement Ex

plo

rati

on

Ap

pra

isal

Cash Return

Construction Drilling

Initial Production

Plateau Decline

Capital Cost

Production

Cash Flow

Production &

Optimization

Reduced

Cash Flow

Abandon

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© 2006 Weatherford. All rights reserved.

Profit

Shut-in

Point

Time

$

The Impact of Production Optimization

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© 2006 Weatherford. All rights reserved.

Profit

Extended well life

Shut-in

Point $

Time

Optimized

Shut-in

Point

The Impact of Production & Optimization

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© 2006 Weatherford. All rights reserved.

Why Do We Need Artificial Lift?

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© 2006 Weatherford. All rights reserved.

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.

Introduction

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© 2006 Weatherford. All rights reserved.

Surface Production Equipment

17

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© 2006 Weatherford. All rights reserved.

Production Plot Example

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© 2006 Weatherford. All rights reserved.

Production Plots

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© 2006 Weatherford. All rights reserved.

Effects of Loading on Production Decline

Rate,

MSCFD

Time

Normal Decline

Loading

Potential

Production

Uplift

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© 2006 Weatherford. All rights reserved.

Type Curve of a Shale Well P

rod

uct

ion

Volu

me

TIME

Naturally

Flowing

Formation

Pressure Mechanical

Assistance

Required

Artificial Lift

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© 2006 Weatherford. All rights reserved.

ALS - Life of Well Progression Flowing – ESP – Rod Lift System – Life of Well ??

Natural Flow

Install ALS - Electric Submersible Pump

Optimize – Install Rod Lift System

Bakken Well Example