Jefferies Global Energy Conference Houston, Texas November 28/29, 2012 CLEAN TURBINE PUMPING TECHNOLOGY

Transcription

1 Jefferies Global Energy Conference Houston, Texas November 28/29, 2012

2 About Green Field Energy Services Green Field is an oilfield services company formed in 1969 with multiple lines of business: 1. Hydraulic Fracturing Services A. Provide hydraulic fracturing services using turbine-powered pressure pumping equipment. All new and state-of-the art. Turbine Frac Pumps 2. Well Services A. Provide cementing, coiled tubing, pressure pumping, acidizing and other pumping services. Coil Tubing Cementing 3. Wellsite Power Generation A. Provide well-site power generation using turbine-powered natural gas fueled technology. Power Generation 2

3 Customer Base

4 What Makes Us Different Use Turbine Driven Frac Pumps 1. Smaller Footprint 4500 HP on single trailer 2. Less Noise Enclosed engines allows Noise attenuation 3. Less Emissions Meets EPA Tier IV Level With Diesel The NOx is 86.9% less The CO is 76.8% less 4. Natural Gas Fuel Capability Now! Diesel Engine Turbine Engine Diesel Engine Turbine Engine LNG CNG LPG Field Gas All these benefits at Competitive Prices! 4

5 Green Field Energy Services TF- 40 Turbine Only weighs about 800 lbs.

6 Green Field Energy Services Turbine Frac Pump (TFP)

7 Turbine Frac Pump (TFP) vs. Diesel Green Field Energy Services Features: Turbine Frac Pump (TFP) vs. Diesel Description TFP Diesel Frac Comments Size Single Frac 8 x 9 x Trailer Weight Single Frac 32,000 lbs. 65,000 lbs +/- Exhaust Heat Portability Multi-Fuel Capability Massive exhaust heat available Chopper, air cargo and highway Bio-fuel, diesel #2, kerosene, natural gas or Jet A No waste heat available Highway Diesel #2 Emissions 75 85% Lower Higher emissions Maintenance Operating life Easy PM s and same day exchanges 10,000 hours TBO Higher labor hours Life is reduced when running at max power Noise Level DBA No sound attenuation High Altitude Power Excess power available Cannot achieve rated power The TFP unit can fit two on a trailer with a full control house. Three per trailer without a control house. Weights are w/o trailer. GFES s frac unit is road legal with two on a trailer. The turbine produces 27 lbs/sec of 1,000 F heat. Use for process work, fuel heating, including well water evaporation. The TFP frac is manufactured with forklift pockets and is light enough for air transport. Natural Gas is a proven fuel source for the TFP. The TFP was certified on #2 diesel and B-100 bio-fuel. The TFP was 75% - 85% lower Nox and CO than a diesel. The turbine only weighs 770 lbs PM s only take 4 hours Field repairs and engine exchanges done on one shift. The turbine has fewer moving parts - designed for harsh military duty and high cycles. 10,000 hours +/-. Two TFPs were measured on one trailer with all equipment running ( psi). The 3800 turbine has power to spare to meet pump demand when at high altitude.

8 Conventional Diesel Pump Footprint HP

9 The Green Field Footprint 4500 HHP Company Logo, Trademarks, Materials Management Website Content Management Industry Trade Shows & Events Marketing and Industry Data

10 The Green Field Footprint 2500 HHP

11 The Green Field Footprint 25,000 HP

12 The Green Field Footprint 38,400 HP

13 Conventional Diesel Pump Frac Spread Footprint Fig ,900 ft. 2

14 GFES Frac Spread Footprint Using Bobtails Fig. 2 91,000 ft. 2

15 Green Field Energy Services Turbine Frac Pump (TFP) TFP Noise Attenuation Noise reduced by 10 dba. Deflects noise upward. Less hearing protection. Eliminates sound walls in residential areas.

16 Our Gasification Initiative Can run on Natural Gas NOW! Going to Diesel was the hard part. Moving back to gas is simple. No engine re-design needed. Ran TFP on Field Gas! Only pumps capable of 100% Gas! Run either on diesel OR Natural gas. Maximum fuel flexibility. Gain efficiency going to Natural Gas!

17 On-Site Fracking - Natural Gas Fueling Options LNG Vaporizer

18 Natural Gas Commissioning Key Points: TFP uses 7.4 mcf per hour on idle and 27 mcf per hour 2000 HP. Gas system simpler than diesel with less mechanical auxiliary systems - 10% more mechanical horsepower! No visible smoke signature even better emissions.

19 Fuel Comparison (Diesel vs. LNG vs Nat Gas) Job Parameters : Rate: 80 BPM Treating Pressure: 8,500 psi Pump time: 2 hrs. HP: 31,500 HHP (5 TFP dual Units on line, 2 idling) Fuel consumption per stage: Diesel = 3, /gal = $12,600 LNG = 5,355 = $8,032 Natural Gas = 540 mcf@3.50 mcf= mcf= $2,700 5 Stages/day = $50k/day or $1.0M per month!

20 Green Field Energy Services Target Markets

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