Cost Effective Implementation of Remote Monitoring Solutions

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How I learned to Love Wireless Technologies

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OR

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• Energy Markets Today

• It could almost be said that every molecule of gas produced is burnt the same day.

• Such conditions lead to

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The question for the producer today is

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The answer is• Maximize

• Maximize

Data Acquisition

Data Transmission

Data stored and archived for

retrieval

YOU

Data Transformed

into Information

Information used to

organize optimize strategize

Strategies Transformed to Action that increases the bottom line.

Raw

Data

Information

Increased Profits

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The Data to Action Cycle

Refine Data

• How do they achieve such speeds?

• They know every bolt of their car

• And every inch of the track. The Chevrolet Impala SS

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The Chevrolet Impala SS

• Knowledge is Power

• Today’s Technologies gives you

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• A text message that a compressor is down on Friday at 5 pm instead of a call from the pumper Monday at 9 am can add 10% of a months production

• An alarm that the dew point is over 5lbs can save flaring gas to bring it back within tolerance if it goes over 7lbs

• Being able to view tank levels on 30 tanks on one page can mean better cash flow for the month

• Viewing Pump off control data on the web by the engineer in another state is saving rod strings and reducing repairs

• Viewing plunger trips is delivering increased production through better instructions to the pumper on how to set the plunger control

• Chemical injection monitoring is insuring proper application of treatments and more timely inventory management

• Who remembers the buzz word ?

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• Convergence – the melding of wireless data to the internet to markets and delivery.

• What a journey!

• Who here remembers – CDPD– CCSD– Microburst - - - Celemetry– RAM mobile data

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• Who is familiar with these terms?

• GSM

• CDMA

• GPRS

• LEO

• UMB

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• SO what does access to this information mean to the

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• BOTTOM LINE_____________________

50 mcfd • X10% • 5mcfd • X$5.00/mcf• $25.00• X30 days• $750 mo• Cost < $90/mo

• It’s all about optimizing production• 50 mcfd • X10% • 5mcfd • X$6.50/mcf• $32.50• X30 days• $975 mo• Cost < $90/mo

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• 50 mcfd • X10% • 5mcfd • X$7.00/mcf• $35.00• X30 days• $1,050 mo• Cost < $90/mo

• Break even

• .6mcfd .46mcfd .42mcfd

• Or about 1 gallon of gas

• Or in a good vehicle 20 miles

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• Imagine – Online comparing check meters with sales meters– Tracking plunger lift cycles– Getting notification that a choke failed and sending

someone with the tools to fix it before the well sands up– A dewpoint alarm at 5 lbs and being notified that it was

fixed 3 hours later NO SHUT IN NO FLARE OFF– Your hauler getting the tank level indication at the same

time as your gauger – Having a report indicating loading and unloading of your

tanks– Tracking and recording temperatures and pressures on a

JT Skid– Setting % fill and down time on your POC from your desk

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• Imagine all the people living life at ease

Data Acquisition

Data Transmission

Data stored and archived for

retrieval

YOU

Data Transformed

into Information

Information used to

organize optimize strategize

Strategies Transformed to Action that increases the bottom line.

Raw

Data

Information

Increased Profits

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The Data to Action Cycle

Refine Data

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Shortening the cycle increases the velocity

What Velocity?

The Velocity that data can be circulated throughout the company

Traditional– Operations– Production Accounting– Marketing

Expanded– Geologists– Reservoir Analysts– Investors– Consultants

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DATA

• Decreased costs of gathering data

• Increased our knowledge of what is happening on ALL of our locations ALL of the TIME

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Refining data to Information

• Significantly shortened the time it takes to disseminate the data through out the company

• Quicker analysis, more timely responses better operational decisions

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Lowered data gathering costs

Optimized production

Reduced downtime at two levels

preventative

shortened time to respond to problems

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•We did it

Increased Revenue

+ Lower costs

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