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