Flotek Industries, Inc. · NYSE:FTK
Flotek Industries — 2020 SPE Annual Technology Conference & Exhibition
21 slides from Flotek Industries's conference presentation, Oct 27, 2020
Slide 1: Chemistries for Improved Asset Performance & Economics
Chemistries for Improved Asset Performance & Economics 2020 SPE Annual Technology Conference & Exhibition October 2020
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements set forth in this presentation constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.’s business, financial conditio
Slide 3: The FlotekWay
The FlotekWay PROVEN CHEMISTRY We Provide Chemistry Solutions that Improve TECHNOLOGY Asset Performance & Economics 10,000+ Wells around theworld Reservoir-centric Chemistries and Services that Provide More Efficient Acreage Development, Driving Lower Capital Intensity Reservoir-First Approach Data
Slide 4: Custom Chemistry Through all Phases of the Lifecycle
Custom Chemistry Through all Phases of the Lifecycle Flotek chemistry systems have created value by enhancing production in unconventional basins across the United States and Canada Applications Initial Well Parent Well Well Remediation EOR Stimulation Frac Protection Drilling Frac’ing Production Re
Slide 5: Chemistry Solution Design: Our Prescriptive Approach
Chemistry Solution Design Our Prescriptive Approach Total Fluid Delivery & Performance Analysis Reservoir Analysis 5
Slide 6: Chemistry Solution Design: Our Prescriptive Matrix
Chemistry Solution Design Reservoir Thickness Our Prescriptive Matrix Clay Volume/ Chemistry Approach Type Water Chemistry Hydrocarbon Maturity Total Fluid Delivery & Reservoir Pressure TOC Performance Analysis Reservoir Analysis 6
Slide 7: Flotek Chemistries across North America and Basins around the World
Flotek Chemistries across North America and Basins around the World. Relentless Focus on Performance through Data We hold ourselves to the highest standards to evaluate the performance of our chemistries Polygon-level performance analysis driven by reservoir attributes Performance data validated thr
Slide 8: Case Studies
Case Studies 8
Slide 9: Reservoir Characteristics: Prescriptive Chemistry Management Matrix
RESERVOIR CHARACTERISTICS Consistent reservoir elements Prescriptive Chemistry Management Matrix Hydrocarbon Water Reservoir Elements Chemistry Maturity Chemistry Impacting Hydrocarbon Recovery Midland Basin Variable reservoir elements Wolfcamp B Clay Volume & Reservoir Reservoir TOC Clay Type Press
Slide 10: Prescriptive Chemistry Management Stimulation Case Study
Prescriptive Chemistry Management Stimulation Case Study Midland Basin Wolfcamp B Improved Hydrocarbon Recovery More Predictable Recovery P = Probability 10 6,500 TO 8,500 FT WELLS | 2,000 TO 3,000 (lbs./ft) PROPPANT INTENSITY
Slide 11: Prescriptive Chemistry Management Stimulation Case Study
Prescriptive Chemistry Management Stimulation Case Study Midland Basin Wolfcamp B Improved Hydrocarbon Recovery More Predictable Recovery P = Probability 11 9,000 TO 11,000 FT WELLS – 2,000 TO 3,000 (lbs./ft) PROPPANT INTENSITY
Slide 12: Prescriptive Chemistry Management Stimulation Case Study
Prescriptive Chemistry Management Stimulation Case Study Midland Basin Wolfcamp B Improved Hydrocarbon Recovery More Predictable Recovery P = Probability 12 6,500 TO 8,500 FT WELLS | 2,500 TO 3,500 (lbs./ft) PROPPANT INTENSITY
Slide 13: Introducing StimOil Q801
The Pursuit of Transformative Chemistry Introducing StimOil® Q801 Performance chemistry built to mobilize hydrocarbons in quartz- dominant reservoirs Proven performance in Wolfcamp B in the Midland Basin Combining the power of solvents and surfactants to mobilize hydrocarbons 13 6,500 TO 8,500 FT WE
Slide 14: Introducing StimOil Q801
The Pursuit of Transformative Chemistry Introducing StimOil® Q801 Performance chemistry built to mobilize hydrocarbons in quartz- dominant reservoirs Proven performance in Wolfcamp B in the Midland Basin Combining the power of solvents and surfactants to mobilize hydrocarbons 14
Slide 15: Parent Well Case Study: Prevention and Remediation
The Pursuit of Transformative Chemistry Parent Well Case Study Prevention and Remediation FDI (Fracture Driven Interaction) can Hydraulic fractures and interconnected frac FDI can have positive or negative physically damage well integrity in extreme networks (whether complex or not) can effects on p
Slide 16: Parent Well Case Study - Southern Eagle Ford Shale
The Pursuit of Transformative Chemistry Parent Well Case Study - Southern Eagle Ford Shale Eagle Ford Reservoir-Centric Prescribed Pre-Soak Karnes County The Pre-Load Technique Is Simple • Large Volume • Pre-load two wells, • Put primary wells on-line And Follows The Basic Recipe Of: regardless of d
Slide 17: Parent Well - Remediation Case Study Anadarko Basin
The Pursuit of Transformative Chemistry Parent Well - Remediation Case Study Anadarko Basin WoodfordShale Well remediation should consider the formation the following: • Reservoir Mineralogy • Bottom Hole Temperature and Pressure • Reservoir Fluid Chemistry • Corrosion Concerns • Suspected Damage Me
Slide 18: Case Study Anadarko Basin Woodford Shale
The Pursuit of Transformative Chemistry Case Study Anadarko The same chemistry treatment improved production to different levels of effectiveness based on water chemistry, reservoirs minerology and time Basin Woodford Shale on production (reservoir pressure) Data Source: URTec2902400 18
Slide 19: EOR Case Study Canadian Williston Basin Middle Bakken
The Pursuit of Transformative Chemistry EOR Case Study Canadian WillistonBasin Middle Bakken, TaylortonPilot Key reservoir elements that impact Compared to other Middle hydrocarbon recovery performance and Bakken reservoirs, the chemistry system recommendations are: Taylorton area has: • Matrix Chem
Slide 20: EOR Case Study Results & Observations
The Pursuit of Transformative Chemistry EOR Case Study Canadian Williston Basin Middle Bakken, TaylortonPilot RESULTS & OBSERVATIONS Oil Rate ↑ >70% Water Rate ↓ 15% Oil Cut ↑ from 21.1% up to 35.1% 20
Slide 21: Questions?? Contact us
Questions?? Contact us at: sales@flotekind.com www. flotekind.com 713-849-9911
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