Investor presentation MGS Soiltech AS March 2012 - Statoil Innovate

Soiltech AS
Waste Management
Statoil Technology Invest
Technology Showcase Event
13 November 2012
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What we do
‣ Soiltech is a waste management services
provider with extensive experience in all
aspects of handling and treatment of oil
contaminated slop and cuttings.
*
‣ Through our operations and research and
engineering, we aim at developing products,
services and solutions that optimize
performance and reduce cost.
* Patent pending
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Where does Soiltech fit in
Oil & Gas Value Chain
Seismic
Exploration
drilling
Engineering
&
construction
Production
drilling
Production Storage Transport Refinery
Offshore Waste
Management
Drilling Waste
‣ Cuttings: rock from drilling operation, contaminated with oil
based drilling fluid
‣ Slop: liquid waste,oily water
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What’s new: Step change in offshore waste treatment
Proprietary cuttings
treatment technology
State of the art slop
treatment system
Focus on offshore
waste management
Experienced Board and
Management Team
Create shareholder value
through balanced organic
growth and dividend
distribution
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The Soiltech waste management system (WMS)
1
Working with the customer rep and
crew to minimize waste generation
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Oil in water analysis for discharge
2
Provide cuttings and waste fluids
material balance reports
6
Daily reporting of cuttings and waste
3
Skip logistics for cuttings handling
(including planning ahead)
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EOW reporting
4
Analysis form shipment of waste fluids
- Flash point/retort/gas LEL/H2S testing
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Correct handling and reporting of
cuttings and waste fluids
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What’s the value:
Soiltech Slop Treatment Technology (STT)
Benefits
1. The waste is treated at the source
2. Is designed to handle slop from
- Rig cleaning and tank cleaning
3. High capacity
- 120-240 m3/day
4. Treated volume below discharge limit
- 8 – 12 ppm
5. Reduced transportation cost
6. Can be tied in with holding tanks 5 m3 or 25m3
- Saving usage of rig tanks
7. Less transportation results in reduced CO 2
emission
8. Mechanical treatment method reduces chemical
consumption
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Soiltech Cuttings Treatment Technology (CTT)
Soiltech AS has developed a mechanical treatment process for oil contaminated drill
cuttings with proven results below discharge limits established by the Norwegian Government
Current solution
Soiltech solution
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Environmentally friendly treatment of drill cuttings -
Significant value added
Soiltech
Competition
Personnel 2 on rig 6 on rig
Transportation No vessel
Supply vessels
Health, Safety
Environment
Personnel
Space
requirement
# crane lifts
per well
80 m2 250 m2
0 2,800 – 3,200
Safety risk Low High
Risk of
unwanted
spills
Low
High
Emissions Low High
# crane lifts
Space requirement
Transportation
Minimum 20 – 30 % savings for client
Source: Company
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GEO Markets
North Sea
MENA
Soiltech priority markets
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Soiltech project reference list
Client Description Year Reference Comment
BP Norway Slop treatment offshore 2012 PO
Marathon Oil Norge
Frame contract (3 yr) for
waste management services
2012
Contract
Transocean Slop treatment offshore 2012 PO Full onshore test
Statoil ASA Cuttings treatment offshore 2012 Contract
Joint development
and testing of
cuttings treatment
technology
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Soiltech AS, Hammaren 23, 4056 Tananger, Norway.
MENA: Fountain Plaza, Building No.66, Sweifieh, Amman, Jordan
www.soiltech.no
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