medeng technologies canada inc....the value proposition to the industry… medeng technologies...

MEDENG Technologies Canada Inc.

Optimal Monitoring SystemsFor the O&G

Industry Measurement GroupJanuary 2016

www.medeng.com

The Value Proposition to the Industry…

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To measure every well all the time, to optimize

production and improve financial results

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A question…

Why is well testing a service?

� Metering devices are dependent on people

� Cannot be left alone to work, need a dedicated “support team” for each testing set-up

� Needs human “interpretation” before data becomes measurement

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The answers…

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How MEDENG can change the game…

� Economical installations

� Nonradioactive

� Handles all applications

� Fit-and-forget operation

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24/7 coverage of every point of production…

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Production Optimization becomes real…

Automated Real-time Data

Acquisition(SCADA)

Field Implementation of

Initiative

Instruction of Initiative

Data Review and Analysis

DiagnosisCost/Benefit Analysis of

Optimization Initiative

Production Data Logging at the

Wellheads

“What is measured will improve…”

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Well testing with clarity of process & purpose…

Solid expertise based on actionable production dataExpertise:Control room MPFM specialists analyze,

diagnose and optimize production

Data Acquisition Software:FlowMaster automates/manages the incoming flow of data and performs field wide data acquisition and

archiving

Equipment:An MD-05 MPFM is installed at every wellhead and measures oil, water

and gas 24/7

Software automates an effortless acquisition of data

Small, intelligent and simple equipment

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MD-05 strengths…

Feature MD-05 Others Description of Uniqueness

Unit Price US$50K US$200KOr more

The only MPFM that can economically be installed on every wellhead

Radioactive No Yes The only MPFM that measures wet gas without gamma rays

Simple Hardware Yes No The only MPFM using only standard off-the-shelves components

Requires PVT input at commissioning No Yes The only MPFM that measures dead oil and total gas directly

½”, ¾”, 1”, 1 ½” sizing Yes No The only MPFM that can be sized below 2” and handle rates as low as 20 BPD

Intrinsically Safe Yes No The only IS MPFM

Integrated Solar Power Yes No The only MPFM equipped with surface solar panels and integrated battery

Mass Flowmeter Yes No The only multiphase mass flow meter

Requires Flow Conditioning No Yes The only MPFM that handles the unstable and slugging flow

Dynamic Viscosity Measurement Yes No The only MPFM measuring dynamic v iscosity on a real-time basis

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It boils down to…

High numbers of meters operated

with minimal manpower

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Current traction…

In Newfield Exploration (Utah and Oklahoma)� Over 170 MD-04 MPFMs at the wellheads

� 24/7 real-time measurements of individual wells

� A 2-man crew for year-round maintenance

� Self-installed by Newfield’s staff

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Who else is using MEDENG’s technology…

� Since 2011

� In Iraq, Mexico, Angola, Brazil, Ecuador…

� Halliburton has previously used many other technologies (e.g. MPM, Roxar, Flowsys, etc.)

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MD-05 will go much further in streamlining well testing…

� Replacement units on location

� Solar power self-sufficiency

� Two-way communication capacity

and

� Remote configuration/calibration/recalibration

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Round 1 sets the stage…

Immediately actionable with MEDENG’s current core expertise, structure and facilities.

MEDENG will take on the necessary risks.

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Questions?