coiled line pipe
COILED LINE PIPE
DELIVERING THE PRODUCTION PROMISE QUICKLY AND COST EFFICIENTLY
2017 DUG PERMIAN
COMPANY HISTORY • Greenfield, Private Equity Investment in 2007 • Currently, a JV between privately owned company Quantum Energy Partners and publicly traded Forum Energy Technologies (NYSE: FET) • ~50,000,000X of coiled tubing delivered since April 2009 • Products sold in over 30 countries and 6 con]nents. • Key staff has over 250 years of combined experience in coiled pipeline and flexible pipe. • Our team has been instrumental in delivering projects of over 1 Million feet of offshore Coiled Line Pipe around the world. • Through commitment to technology and customer service, our company is helping our customers improve their corporate performance.
2017 DUG PERMIAN
WHAT IS COILED LINE PIPE
• Developed during WWII – “Project P.L.U.T.O.” • Subsequently the development split into a few dis]nct technologies: – Flexible Steel Reinforced Pipe (API 17J) – Coiled Line Pipe (API 5LCP) – Steel Pipe (ASTM GRADE B/ API 5L) jointed and coiled
2017 DUG PERMIAN
EVOLUTION NOT REVOLUTION • Coiled Line Pipe is an evolu&onary development in our industry as it u]lizes the use of the trusted steel pipe grades and combines it with the fast spoolable deployment. • Coiled Line Pipe allows for safer, faster and cheaper project comple&on by cukng the pipeline installa]on ]me. 1) … 65% less man hours. 2) … 61% less equipment hours. 3) … reduced risks related to safety and quality. 4) … smaller Right of Way and minimal environmental impact.
2017 DUG PERMIAN
COST ALWAYS MATTERS
2017 DUG PERMIAN
PERMIAN CASE STUDY
Project: Coiled Line Pipe for Natural Gas Line Loca&on: Hobbs, New Mexico Applica&on: Fuel Gas Material Spec: 4” Nominal OD, Schedule 40, A53/X52C Coiled Line Pipe Length: 3,700 Feet
2017 DUG PERMIAN
SOUTH TEXAS CASE STUDY
Project: Coiled Line Pipe for Medium Pressure Flowline Loca&on: Big Wells, Texas Applica&on: Crude Oil - Mul]phase Material Spec: 4” Nominal OD, Schedule 40, A53/X52C Coiled Line Pipe Length: 11,600 Feet
2017 DUG PERMIAN
ROCKIES CASE STUDY
Project: Coiled Line Pipe for High Pressure Flowline Loca&on: Ft Morgan, Colorado Applica&on: Crude Oil - Mul]phase Material Spec: 2” Nominal OD, Schedule 80, A53/X52C Coiled Line Pipe Length: 42,300 Feet
2017 DUG PERMIAN
MANUFACTURING CAPABILITIES
Sizes (Actual O.D.) – 0.750” (19.1mm) – 5.000” (127mm) Wall thickness – 0.087” (2.00mm) – 0.337” (8.60mm) Steel Grades: A53, X52C, X65C, X70C, X80C, HIC Grades
2017 DUG PERMIAN
SUMMARY
Other Pipeline Products
Coiled Tubing Pipeline • • 97% less connec]ons in a mile of pipeline • 3 Layer FBE/CP/PP (PE) coa]ngs represent the most advanced and versa]le coa]ng systems available. • Time tested industry standards
• • • • •
Steel Pipe requires a weld, coat & X-ray every 40’ Composites require expensive and unproven connec]ons FBE weathers poorly FBE/ARO is costly and hard to bend during HDDs New and un-developed standards Trusted standards, but no growth
Q&A
DELIVERING THE PRODUCTION PROMISE QUICKLY AND COST EFFICIENTLY
2017 DUG PERMIAN
COMPANY HISTORY • Greenfield, Private Equity Investment in 2007 • Currently, a JV between privately owned company Quantum Energy Partners and publicly traded Forum Energy Technologies (NYSE: FET) • ~50,000,000X of coiled tubing delivered since April 2009 • Products sold in over 30 countries and 6 con]nents. • Key staff has over 250 years of combined experience in coiled pipeline and flexible pipe. • Our team has been instrumental in delivering projects of over 1 Million feet of offshore Coiled Line Pipe around the world. • Through commitment to technology and customer service, our company is helping our customers improve their corporate performance.
2017 DUG PERMIAN
WHAT IS COILED LINE PIPE
• Developed during WWII – “Project P.L.U.T.O.” • Subsequently the development split into a few dis]nct technologies: – Flexible Steel Reinforced Pipe (API 17J) – Coiled Line Pipe (API 5LCP) – Steel Pipe (ASTM GRADE B/ API 5L) jointed and coiled
2017 DUG PERMIAN
EVOLUTION NOT REVOLUTION • Coiled Line Pipe is an evolu&onary development in our industry as it u]lizes the use of the trusted steel pipe grades and combines it with the fast spoolable deployment. • Coiled Line Pipe allows for safer, faster and cheaper project comple&on by cukng the pipeline installa]on ]me. 1) … 65% less man hours. 2) … 61% less equipment hours. 3) … reduced risks related to safety and quality. 4) … smaller Right of Way and minimal environmental impact.
2017 DUG PERMIAN
COST ALWAYS MATTERS
2017 DUG PERMIAN
PERMIAN CASE STUDY
Project: Coiled Line Pipe for Natural Gas Line Loca&on: Hobbs, New Mexico Applica&on: Fuel Gas Material Spec: 4” Nominal OD, Schedule 40, A53/X52C Coiled Line Pipe Length: 3,700 Feet
2017 DUG PERMIAN
SOUTH TEXAS CASE STUDY
Project: Coiled Line Pipe for Medium Pressure Flowline Loca&on: Big Wells, Texas Applica&on: Crude Oil - Mul]phase Material Spec: 4” Nominal OD, Schedule 40, A53/X52C Coiled Line Pipe Length: 11,600 Feet
2017 DUG PERMIAN
ROCKIES CASE STUDY
Project: Coiled Line Pipe for High Pressure Flowline Loca&on: Ft Morgan, Colorado Applica&on: Crude Oil - Mul]phase Material Spec: 2” Nominal OD, Schedule 80, A53/X52C Coiled Line Pipe Length: 42,300 Feet
2017 DUG PERMIAN
MANUFACTURING CAPABILITIES
Sizes (Actual O.D.) – 0.750” (19.1mm) – 5.000” (127mm) Wall thickness – 0.087” (2.00mm) – 0.337” (8.60mm) Steel Grades: A53, X52C, X65C, X70C, X80C, HIC Grades
2017 DUG PERMIAN
SUMMARY
Other Pipeline Products
Coiled Tubing Pipeline • • 97% less connec]ons in a mile of pipeline • 3 Layer FBE/CP/PP (PE) coa]ngs represent the most advanced and versa]le coa]ng systems available. • Time tested industry standards
• • • • •
Steel Pipe requires a weld, coat & X-ray every 40’ Composites require expensive and unproven connec]ons FBE weathers poorly FBE/ARO is costly and hard to bend during HDDs New and un-developed standards Trusted standards, but no growth
Q&A
