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INVESTOR PRESENTATION – Oak Point Energy Ltd

Oak Point Energy Ltd · Oct 29, 2013 · 25 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 1
    CONFIDENTIAL Oak Point Energy Ltd. Superior SAGD Development Through Applied Engineering Innovation Evolution of Evaporators as Successor Oak Point Energy For Warm Lime Softeners October 29, 2013 0
  2. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 2
    Presentation Overview Conventional SAGD Technology (Water Treating) Key components Its design origins Migration to Evaporation Lower cost intensity even for smaller scale projects Reliability issues persist Tailoring to Fit SAGD…
  3. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 3
    First Generation SAGD Design 22
  4. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 4
    Conventional SAGD Facility Design Adapt off-the-shelf - not fit-for-purpose design First Generation SAGD Design: Early SAGD facilities borrowed designs developed for Cold Lake cyclical steam stimulation projects (1960s to 1980s) Water…
  5. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 5
    Traditional SAGD Facilities Complex Process to Achieve Basic Unit Operations Produced Gas Dilbit Natl Gas Diluent Addition Produced Boiler Feed Primary Steam Water Water Separation Generation Treatment Treatment Steam…
  6. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 6
    Conventional SAGD Facility Design Improvement Needed for Future Projects Time for Change: Using this facility design and the advancements in horizontal drilling, SAGD has emerged as the most reliable and proven method for in situ…
  7. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 7
    Second Generation SAGD Design 66
  8. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 8
    MVC Evaporators Introduced in Oil Sands A Major Change in Boiler Feedwater Treating Mechanical Vapor Compression (MVC) Evaporators: MVC evaporator designs have been borrowed from those used in mining and pulp & paper applications…
  9. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 9
    MVC Evaporators A Major Change in Boiler Feedwater Treating Falling Film Exchanger Vapor Compressor Distilled Water steam and water Evaporator Sump steam (steam/water Evaporator Feed separator) water Brine…
  10. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 10
    Capital cost per flowing barrel has been steadily increasing 90,000 80,000 Capital Cost Intensity (S/bpd) 70,000 60,000 Trend line 50,000 40,000 30,000 20,000 Evaporator Plant 10,000 2004 2005 2006 2007 2008…
  11. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 11
    Next Generation SAGD Design 10 10
  12. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 12
    Next Generation SAGD Design Meeting Future Industry Need Many challenges to overcome with existing design: Excessive water recycle and disposal volumes Poor facility reliability High maintenance costs High project cost and long…
  13. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 13
    Proven Fit-For-Purpose Technology Produced Water Treating Design Parameter Traditional Design Oak Point Design Produced Water Cooling Shell and Tube Heat Exchanger Flash Drum and Steam Condenser Multiple trains for required cleaning…
  14. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 14
    Proven Fit-For-Purpose Technology Traditional Produced Water Treating From FWKO Produced Water Trim Coolers Oil Removal Filter Skim Tank Flotation Unit Glycol Backwash water NG Skim Oil To FWKO Tank Skimmed Oil…
  15. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 15
    Proven Fit-For-Purpose Technology Oak Point Streamlined Produced Water Treating To Fuel Gas System Flash Drum Condenser Glycol From FWKO Flash Drum Flotation Unit To Water Treatment NG To FWKO 14 14
  16. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 16
    Proven Fit-For-Purpose Technology Boiler Feedwater Treating Technology Design Parameter Traditional Design Oak Point Design BFW Treating Technology Lime Softening & Ion Exchange Vapor Compression Evaporator Capital Cost High Cost (3…
  17. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 17
    Proven Fit-For-Purpose Technology Boiler Feed Water Treatment Technology GE EVAPORATOR HOT LIME SOFTENER ION EXCHANGE UNIT Lime Softening & Ion Exchange Evaporators Large field fabricated equipment supplied Single evaporator…
  18. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 18
    Proven Fit-For-Purpose Technology Oak Point Evaporator for Oil Sands Service Design Parameter Traditional Evaporator Oak Point Evaporator Falling Film Exchanger Single exchanger bundle - fouling Two exchanger system one can be Design…
  19. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 19
    Proven Fit-For-Purpose Technology Steam Generation Technology Design Parameter Traditional Design Oak Point Design Boiler Type Once-Through-Steam-Generator Package Boiler (Water Tube) Boiler Feed Water Required Low Quality High Quality…
  20. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 20
    Proven Fit-For-Purpose Technology Steam Generation Technology Once-Through-Steam-Generator (OTSG) Packaged Boilers Large field fabricated equipment supplied Comes completely assembled and readily by a limited number of vendors lends…
  21. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 21
    Improved Water Treatment Better SAGD Facility Design 20 20
  22. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 22
    Much Simpler and More Effective Design Compared to Traditional SAGD Facilities Produced Gas Dilbit Natl Gas Diluent Addition Produced Boiler Feed Primary Steam Water Water Separation Generation Treatment Treatment Steam…
  23. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 23
    Innovative Proprietary SAGD Facility Design Design Principles to Reduce Cost, Schedule and Risk 1. Portable: Portable SAGD facility that can be assembled or dismantled in 30 days. This single feature addresses many of the industry…
  24. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 24
    Innovative SAGD Facility Design UltraLite, 1nSite, and MultiSite Configurations Three configurations present flexible production platforms 1. UltraLite SAGD Plant (Portable Exploration Model): Capacity (1,260 bbl/d) with production…
  25. INVESTOR PRESENTATION – Oak Point Energy Ltd – slide 25
    Low Environmental Impact Solution Substantially Better Than Conventional Oil 1. Land…

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