, OVS© One Virtual SourceTM and 19.Oct.2006 Presentation to WITSML Seminar and Exhibition by Cheo Alvarez, OVS Product Manager Bringing RFID to the Oilfield Rig Measurement Technology 1899 - 2006 RFID Tags For Surface & Downhole Oilfield Equipment Thin Walled Components Thick Walled Components Asset Management Dimensions Materials Ownership Certification Use history Location Unique I.D. - Coupled with Valuable Information Applications • Drill Pipe, HWDP • Drill Bits, Hole Openers • Casing and Production Tubing • Pipeline Equipment • Chicksans / Pressure Vessels • Safety Equipment & Information / MSDS • Drilling & Production Chemicals • Other Surface Equipment Cradle to Grave Value Value Propositions • Operations / Asset Management / Safety – Reduced Drill String Failures – Increased Probability of Fish Recovery – Procurement – Availability – Suitability (proper application of materials) – Location – Inspection & Maintenance – Regulatory Compliance The Rig-Hand™ System data accessible at well site Rugged, Intrinsically Safe, Wireless, Modular Doghouse / Field Office Enterprise Solution WITSML WEB/SOA Righand Summary • Merrick’s Solutions Address All Aspects – Tags with Patented Technologies and Licensed IP – Readers – Software • Cradle to Grave Asset Management – OEM, Inspection, Transportation, Operations, Salvage & Resale • Royalty and License Arrangements – OEM Manufacturing, Retro-Fitting • Data Integration – WITSML OVS© One Virtual SourceTM An Innovative Production Management System Delivers the Engineering Workspace of the Future OVS (One Virtual Source) Vision OVS© is a Production Management System that dynamically couples dispersed data sources with multiple applications. It streamlines engineering processes through the creation and automation of user driven workflows to enhance E&P asset performance. Vision of Smart Asset Management Integrated Approach • Immediate response to operational events • Optimize production by continuous modeling/diagnosis of wells and key facilities • Exploit data and knowledge to anticipate failures with virtual intelligence technologies • Proactive decision making Typical Asset Engineer Work Environment Report Engine MBAL VOLTS Data Sources Graph Engine Queries Eclipse Expressions Functions Peep DLL’s Prosper Processes Workflows Data Access Layer Business Layer Presentation Layer OVS Architecture GAP OFM Rodstar Workflow Wizard & Integration Engine Spoc Web Svcs. Scheduler & File Watcher Catalogue & Meta-Data DDR Dynamic Data Repository Web Services Strategic Corp. App’s Data Project Data Tactical Prod. Well Work SCADA SCADA Data Historian Device Access Operational OVS Sample Workflows • Model-based Surveillance • High Frequency Surveillance • Automatic Resvr Sim Model Updates & Execution • Automatic Pressure Transient ID • Rule Based Field Data Capture • Well Test Validation – Manual, Prosper, GAP • Multi-variate Well Ranking • Vintage Ranking and Comparison • Dynamic Watchlists – Top Producers OVS, </WITSML> and </PRODML> • Easy adoption of both </WITSML> and </PRODML> standards • Merrick’s vision – Promote integration of data and applications – Vendor collaboration – Facilitate client work processes through standardization and automation of workflows Q&A Session For additional information contact Cheo Alvarez at +1-713-579-3400 or email at Cheo.Alvarez@MerrickSystems.com.