GE Energy. Opportunities for Unconventional Oil and Gas Technology for China. John Westerheide Senior Marketing Manager

Transcription

1 Opportunities for Unconventional Oil and Gas Technology for China John Westerheide Senior Marketing Manager GE Oil and Gas September 12th, 2012

2 We are China *4,500+ employees *$5 B+ in Countries *100,000+ employees *$43.7 B in 2011 Oil & Gas Power & Water Energy Management Drilling & Surface Global Services Measurement & Control PII Pipeline Solutions Subsea Systems Turbomachinery Aeroderivative Gas Turbines Gas Engines Nuclear Energy Power Generation Services Renewable Energy Thermal Products Water & Process Technologies Digital Energy Industrial Solutions Power Conversion 2

3 GE unconventional resource differentiators ecomagination Seen as a strong strategic fit to apply the ecomagination capability and brand Reducing environmental cost while improving customer profitability A collaboration platform to bring multiple groups together and drive thought leadership GE global research Five World class technology, research centers with scientists who are shaping today and tomorrow. China facility located in Shanghai Ability to leverage break through technology and concepts from across GE to solve specific unconventional resource challenges Ideal environment for collaborative thinking, problem solving, and concept realization 3

4 The global unconventional trends Geography Technology Industry structure Concentration Complexity Collaboration NA remains dominant developer of unconventional plays, international operators following Major projects over the next decade will be 120% more technology intensive than the last decade** Increasing need to share technical risks drives industry collaboration. Oil and gas industry at an inflection point shale oil and gas provides new supply options * Source: GE energy based on PFC, CERA ** Based on Goldman Sachs (2010) 4

5 GE s unconventional resources strategy Work with our customers & industry partners to drive thought leadership & industry sustainability through Optimizing Operations Reducing Environmental Impact Increasing Resource Recovery Creating Demand Side Solutions Collaborate Innovate Convene Lead Oilfield Electrification Oilfield Power Generation Water Management & Treatment Advanced Artificial Lift Technology CNG & LNG Solutions 5

6 Oilfield Electrification Concept Portable gas turbine power generation at wellpad Replace existing diesel driven frac trucks with electric motor drives Promotes flexible power generation Lessens the road traffic impact Reduced emissions TM2500 Gas Turbine rated 21.5 MW, 50 Hz Improving environmental performance with Flexible, Scalable Power Solutions

7 Oilfield power generation Power to Lift solution Power Generation Power Management & Switching with Unified Sensing & Control System E-House VSD Transformer Remote Monitoring Centers ESP Remote, rural power supply low availability, quality issues Power system must be matched to ESP load requirements 1-6MWGenset(s) Remote monitoring and control extends ESP life GE solution Match power expansion needs to portable solution until large scale power generation deployed GE Artificial Lift GRC + capability + Customer = Innovative solutions 7

8 Complete water solutions Global strength in water technology and understanding Mobile and fixed solutions to treat all water needs Source water filtration to reduce chemical pretreatment Mobile thermal solutions for onsite water recycling/reuse Advanced Water Management System for life cycle approach Produce Reuse Treat Recycle Truck traffic Fresh water need Chemical treatment need Consistent water quality Operation sustainability Source water pretreatment Frac chemicals Flowback water management Waste water disposal Management of a scarce and valuable resource 8

9 Reducing environmental impact Natural Gas powered drilling Why power a drill rig with natural gas instead of diesel? 95% lower emissions than diesel NO x (grams per bhp-hr) Natural Gas 0.5 Diesel 80% lower fuel costs than diesel 7.7 GE s Jenbacher J320 natural gas drill rig power plant Proven technology with over 20 units in the field since 2006 First to be mobile certified by U.S. EPA = simplified permitting and compliance Extended lifetime warranty on exhaust gas train related components of five years and 21,000 hours $800/d $3,000/d Natural Gas $3.65/gallon LNG Consumption between 500 and 5k gallons/day 9

10 Creating Demand Side Solutions GE s NGV fueling solutions portfolio All long haul on-road + Rail/marine/off-road (20% of fuel, in NA) Drilling Rigs HD transport trucks HD off-road trucks Rail Ships LNG All short haul on-road (<400 miles before refill) + Light & medium duty on-road (80% of fuel, in NA) Personal vehicles/ Taxis Refuse trucks School buses Transit CNG Source: TM team*nti/bd under exploration 10

11 GE Helps You Achieve the IEA Golden Rules Measure, Disclose, & Engage Watch Where You Drill Isolate Well & Prevent Leaks Treat Water Responsibly Eliminate Venting, Minimize Flaring & Other Emissions Be Ready to Think BIG Ensure consistently high level of environmental performance Ecomagination + Global Research Center Measurement & Control Downhole Technology Pressure Control Water & Process Tech. Gas Engines 11

12 A global partner for a global resource Help decrease Environmental impact Increase Resource Recovery Improve efficiency 12

13 Thank You 13