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The Ultrasound System
Technology and Results
Ultrasound Technology
2
Our ultrasound technology cleans the formation in the nearest
vicinity of the well from wax, asphaltene and other particles
1. Paraffin, asphaltene, particles and
other damages are plugging pore
spaces. Oil wells are not producing at
their potential capacity
2. By application of ultrasound, the
cleaning mechanism of micro acoustic
streaming begins in the pore space
3. The ultrasound’s high power disrupts
the adhesive forces that hold the
particles in place. Consequently, these
particles get removed
4. Pore space and initial permeability are
restored, resulting in an increased oil
flow and cost-effective production
Rexonic Energy Services | June 2016 | - strictly confidential
Complete System Setup
Schematic system set-up
Rexonic Energy Services | June 2016 | - strictly confidential
Stimulation Equipment
4
Simple delivery and setup for on- & offshore services
worldwide
Resonator in perforation zone
ELECTRIC POWER
GENERATOR
 3 x 400VAC (50/60 Hz)
 >18 kVA
 Partner technology
ULTRASONIC
GENERATOR
 PG20150 5kW
 PG20250 10kW
 Rexonic Ultrasonics AG
core technology
LOGGING CABLE ON TRUCK
 Up to 7000 m (≈ 21,000 feet)
 On spoiler unit / cable spool
 Partner technology
 RESONATOR & WELL
 TIT-44: d=44mm (1 3/4”)
 TIT-76: d=76mm (3”)
 Rexonic Ultrasonics AG core
technology
21,000ft
18,000ft
15,000ft
12,000ft
9,000ft
6,000ft
3,000ft
0ft
Oil well
PORTABLE UNITS FOR REMOTE DEPLOYMENT
 Units are small, efficient and portable
 A complete set can be transported by a pickup truck,
a helicopter or a standard container
INTEGRATION OF STANDARD EQUIPMENT
 Works in combination with standard logging cable,
crane and power generator
 Equipment provided by certified local oil service
companies
ONSHORE SCENARIO
Rexonic Energy Services | June 2016 | - strictly confidential
Ultrasonic Power Supply
5
Technical Data
PG20150 PG20250
Max. Ultrasonic output 5‘000 W 10‘000 W
Output voltage 870 V 1‘250 V
Max. output current 8.0 A 12.0 A
Output frequency 20 kHz 20 kHz
Fuses 3 x 10 AT 3 x 16 AT
PG20150 PG20250
Weight 115.5 lbs 132.5 lbs
Dimension (LxWxH) 19x23.6x13.9 mm 19x23.6x13.9 mm
Electrical connection 3/PE, 400V AC ±10% 3/PE, 400V AC ±10%
Frequency 50/60 Hz 50/60 Hz
Ambient temperature max. 113 °F max. 113 °F
Max. relative air humidity 80 % at 86 °F 80 % at 86 °F
• PG20150
Installation Specifications
© Rexonic Ultrasonics AG | June 2016 | - strictly confidential
Resonator / Sonotrode TIT
6
Technical Data
TIT-20-44 TIT-20-76
Output frequency 20 kHz 20 kHz
Max. Ultrasonic power 600 VA 1‘000 VA
Max. voltage 250 V 350 V
Max. current 2.0 A 2.8 A
Max. temperature
continuous
212 °F 212 °F
Max. temperature pulse
mode
248 °F 248 °F
Max. pressure 300 bar 300 bar
Active area 3.7 ft2 7.1 ft2
Weight 18.3 lbs 35.3 lbs
Dimension 48.82 inch x ø1.73 inch 48.82 inch x ø2.99 inch
© Rexonic Ultrasonics AG | June 2016 | - strictly confidential
References
7
Ultrasound as technology with high
potential for the oil and gas industry
SPE-169770 Scale Removal with Ultrasonic Waves (University of Leoben)
 With ultrasonic treatment it may be possible to reduce or even substitute the chemical applications
SPE-31129 Ultrasonic Removal of Organic Deposits and Polymer Induced Formation Damage. (Los Alamos National
Laboratory, Schlumberger, University of Texas at Austin)
 It is shown that mechanical agitation provided by the acoustic waves effectively resuspends the paraffin and
restores the effective permeability of the core to oil to its undamaged condition in a relatively short period of time
 The depth of treatment is approximately 12-15 cm
 This suggests that an acoustic source with or without solvents may provide an effective method of removing
paraffin from the wellbore and the near wellbore region
 Ultrasonic cleaning appears to be a viable technique for treating paraffin problems, especially if combined with
solvent soaks
 Previously reported work indicated that ultrasonics is capable of significantly reducing damage induced by drilling
mud infiltration and in-situ fines migration. Similarly, positive cleaning results were obtained for paraffin and
polymer damage. Approximately 1.4 kJ of acoustic energy at 20 kHz removed all precipitated paraffin from the
first 6.35-cm core section and increased the permeability in the second 5.08-cm section by 100%
© Rexonic Ultrasonics AG | June 2016 | - strictly confidential
References
8
Ultrasound as technology with high
potential for the oil and gas industry
SPE-27388 Ultrasonic Removal of Near-Wellbore Damage Caused by Fines and Mud Solids (Los Alamos National Laboratory,
University of Texas at Austin)
 The results showed that permeability increased by a factor of three to seven after ultrasonic treatment for cores
that were damaged by mud solids and fines migration
 It is most likely that acoustic streaming is the dominant mechanism for cleaning both mud and fines damage,
although cavitation may contribute to the removal of near surface particles in the mud damage case
CSCanada Asphaltene Flocculation Inhibition with Ultrasonic Wave Radiation (Texas A&M University at Qatar)
 According to the results obtained, ultrasonic wave technology can be a potential method of flocculation inhibition
and can have extensive industrial application
© Rexonic Ultrasonics AG | June 2016 | - strictly confidential
References
9
Ultrasound as technology with high
potential for the oil and gas industry
SPE-88767 Near Wellbore Stimulation by Acoustic Waves, (Shell, Halliburton)
 A promising new technique to remove the near-wellbore damage is high-frequency acoustic stimulation
 Damage particles mobilized by the acoustic waves are removed from the reservoir interval by the production flow
 Acoustic stimulation is a novel technique to selectively clean-up wells and is enhanced by underbalanced
pressure conditions
 Acoustic treatments enhance the clean-up of filter cake significantly even in a laboratory model of a gravel pack
completion
SPE-107083 Feasibility Study of Ultrasound for Oil Well Stimulation on the Basis of Wave Properties Considerations (PDVSA)
 Penetration is approximately 2-3 ft.
 Suggesting a high potential of ultrasound for the following applications in well stimulation:
− Damage removing in the near of the wellbore caused by fines migration
as well as organic and inorganic precipitation
− Gravel pack and screens cleaning
− Perforations cleaning
 Research in Ultrasound, as mechanical stimulation , should continue because it is an attractive technique and it
can be used while the well is producing avoiding placement fluids and deferred production
© Rexonic Ultrasonics AG | June 2016 | - strictly confidential
Basic Ultrasonic
Components
10 © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
External
power
supply
380 V
Ultrasonic
Power supply
Converter
PZT
(lead lanthan zirconate)
50/60 Hz
20 kHz
Electrical energy
Mechanical energy
Booster
Amplitude increase
Sonotrode
Resonator
Resonance Frequency
11 © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
Cleaning Example
12 © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
Cleaning Example
13
Same mesh after 20 minutes treatment with ultrasound
© Rexonic Ultrasonics AG | June 2016 | - strictly confidential
On Site Setup
Set up and operations in Texas
Rexonic Energy Services | June 2016 | - strictly confidential
Case Studies
15
Country Company Location Year
Romania Petrom Onshore 2008, 2009
Mexico PEMEX Onshore 2009
Mexico PEMEX Offshore 2011, 2015
Venezuela PDVSA Offshore 2013
India ONGC Onshore 2013
USA, Texas Legacy, Encana, Apache Onshore 2015
Ultrasound technology applied at various locations
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
16
ONSHORE TEXAS / USA
WELL ID
Well 1
(Details confidential)
DATE OF STIMULATION 2015-05-20 HF - GENERATOR 5000 W
PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 22 RESONATOR TIT-44
Year of completion 2001 [BOPD]
Total well depth [ft] 9420
Production methodology Sucker Rod Pump
EOR methodology Waterflood
Lithology at perforation depth Porous Limestone
Temperature at perforation depth [Deg C] 63.6
Hydrostatic pressure at perforation depth [psi] 1180
API grade 35
Well inclination at perforation depth [deg] 0 PRIOR AFTER
Casing OD at perforation depth [in] 5.5
Water [BWPD]
Gas [MCFPD]
65.0
9.0
66.2
12.3
33.0
41.8
0
20
40
60
80
100
Average oil production
2 months monitoring
Prior stimulation After stimulation Increase / Decrease
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
17
Well 1 – Completion
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
18
Well 1 - Production
Note: Well still producing approximately + 20%; 5 months after stimulation
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
19
ONSHORE TEXAS / USA
WELL ID
Well 2
(Details confidential)
DATE OF STIMULATION 2015-11-06 HF - GENERATOR 5000 W
PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 6 RESONATOR TIT-76
Year of completion 2014 [BOPD]
Total well depth [ft] 10300
Production methodology Sucker Rod Pump
EOR methodology Waterflood
Lithology at perforation depth Porous Limestone
Temperature at perforation depth [Deg C] 68
Hydrostatic pressure at perforation depth [psi] 1245
API grade 41
Well inclination at perforation depth [deg] 0 PRIOR AFTER
Casing OD at perforation depth [in] 5
Water [BWPD]
Gas [MCFPD]
46.0
124.0
45.0
155.0
52.0
70.0
0
20
40
60
80
100
Average oil production
2 months monitoring
Prior stimulation After stimulation Increase / Decrease
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
20
Well 2 - Production
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
21
Offshore – Gulf of Mexico
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
22
OFFSHORE MEXICO
WELL ID
Well 3
(Details confidential)
DATE OF STIMULATION 2015-02-07 HF - GENERATOR 10000 W
PRODUCER Confidential
TOTAL STIMULATED LENGTH
[m]
20 RESONATOR TIT-44
Year of completion 2008 [BOPD]
Total well depth [m] 3329
Production methodology Gas Lift
EOR methodology Waterflood
Lithology at perforation depth Porous Dolomite
Temperature at perforation depth [Deg C] 106
Hydrostatic pressure at perforation depth [psi] 1204
API grade 14.2
Well inclination at perforation depth [deg] 3 PRIOR AFTER
Casing OD at perforation depth [in] 5.5
Water [BWPD]
Gas [MMCFPD]
207
5.1
291
4.0
560.0
795.0
0
200
400
600
800
1000
Average oil production
1.5 months monitoring
Prior stimulation After stimulation Increase / Decrease
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
23
Well 3 - Completion
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
24
Well 3 - Production
Results
• Production increase approximately 42 % (average 560 bopd to max. 795 bopd) for
approximately 1.5 months
• Production increase approximately 10 days after end of stimulation due to gas lift
pressure adjustment
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
25
ONSHORE TEXAS / USA
WELL ID
Well 4
(Details Confidential)
DATE OF STIMULATION 2016-03-01 HF - GENERATOR 5000 W
PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 18 RESONATOR TIT-76
Year of completion 2015 [BOPD]
Total well depth [ft] 10290
Production methodology Sucker Rod Pump
EOR methodology Waterflood
Lithology at perforation depth Porous Limestone
Temperature at perforation depth [Deg C] 70
Hydrostatic pressure at perforation depth [psi] 633
API grade 42
Well inclination at perforation depth [deg] 0 PRIOR AFTER
Casing OD at perforation depth [in] 5.5
Water [BWPD]
Gas [MCFPD]
20.9
77.4
22.2
103.7
15.9
28.8
0
10
20
30
40
Average oil production
1.2 months monitoring
Prior stimulation After stimulation Increase / Decrease
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
26
Well 4– Well Completion
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
27
Well 4- Production
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
28
ONSHORE TEXAS / USA
WELL ID
Well 5
(Details Confidential)
DATE OF STIMULATION 2016-04-07 HF - GENERATOR 5000 W
PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 12 RESONATOR TIT-76
Year of completion 2014 [BOPD]
Total well depth [ft] 10095
Production methodology Sucker Rod Pump
EOR methodology Waterflood
Lithology at perforation depth Porous Limestone
Temperature at perforation depth [Deg C] 63
Hydrostatic pressure at perforation depth [psi] 797
API grade 42
Well inclination at perforation depth [deg] 0 PRIOR AFTER
Casing OD at perforation depth [in] 5.5
Water [BWPD]
Gas [MCFPD]
33.7
59.5
66.1
65.0
6.0
14.3
0
5
10
15
20
Average oil production
1.2 months monitoring
Prior stimulation After stimulation Increase / Decrease
Rexonic Energy Services | June 2016 | - strictly confidential
Selected Cases
29
Well 5 - Production
Rexonic Energy Services | June 2016 | - strictly confidential
The rexonics™ technology is the world’s first environmentally-
friendly, high-power ultrasound technology for commercial oil well
stimulation that has been proven to increase oil production
significantly both onshore and offshore.
The proprietary, patented technology is highly efficient in cleaning
the production well bore from typical oil production inhibitors such
as wax, paraffin and salt deposits, thereby significantly increasing
the flow of oil into the well bore. The technology does not use any
chemicals and allows the well bores to continue oil production
during the cleaning process.
Rexonic Ultrasonics AG operates on a service business model
providing production well bore cleaning services to national oil
companies, oil majors and other oil production companies.
Rexonic Energy Services
190 South East Loop 338
Odessa, Texas 79766
Ridge Tullos – Area Manager
ridgetullos@rexonicenergyservices.com
432-208-1220
Jared Hopper – Stimulation Engineer
jaredhopper@rexonicenergyservices.com
432-288-3786

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2016-07-07_Rexonic Energy Services Presentation

  • 2. Ultrasound Technology 2 Our ultrasound technology cleans the formation in the nearest vicinity of the well from wax, asphaltene and other particles 1. Paraffin, asphaltene, particles and other damages are plugging pore spaces. Oil wells are not producing at their potential capacity 2. By application of ultrasound, the cleaning mechanism of micro acoustic streaming begins in the pore space 3. The ultrasound’s high power disrupts the adhesive forces that hold the particles in place. Consequently, these particles get removed 4. Pore space and initial permeability are restored, resulting in an increased oil flow and cost-effective production Rexonic Energy Services | June 2016 | - strictly confidential
  • 3. Complete System Setup Schematic system set-up Rexonic Energy Services | June 2016 | - strictly confidential
  • 4. Stimulation Equipment 4 Simple delivery and setup for on- & offshore services worldwide Resonator in perforation zone ELECTRIC POWER GENERATOR  3 x 400VAC (50/60 Hz)  >18 kVA  Partner technology ULTRASONIC GENERATOR  PG20150 5kW  PG20250 10kW  Rexonic Ultrasonics AG core technology LOGGING CABLE ON TRUCK  Up to 7000 m (≈ 21,000 feet)  On spoiler unit / cable spool  Partner technology  RESONATOR & WELL  TIT-44: d=44mm (1 3/4”)  TIT-76: d=76mm (3”)  Rexonic Ultrasonics AG core technology 21,000ft 18,000ft 15,000ft 12,000ft 9,000ft 6,000ft 3,000ft 0ft Oil well PORTABLE UNITS FOR REMOTE DEPLOYMENT  Units are small, efficient and portable  A complete set can be transported by a pickup truck, a helicopter or a standard container INTEGRATION OF STANDARD EQUIPMENT  Works in combination with standard logging cable, crane and power generator  Equipment provided by certified local oil service companies ONSHORE SCENARIO Rexonic Energy Services | June 2016 | - strictly confidential
  • 5. Ultrasonic Power Supply 5 Technical Data PG20150 PG20250 Max. Ultrasonic output 5‘000 W 10‘000 W Output voltage 870 V 1‘250 V Max. output current 8.0 A 12.0 A Output frequency 20 kHz 20 kHz Fuses 3 x 10 AT 3 x 16 AT PG20150 PG20250 Weight 115.5 lbs 132.5 lbs Dimension (LxWxH) 19x23.6x13.9 mm 19x23.6x13.9 mm Electrical connection 3/PE, 400V AC ±10% 3/PE, 400V AC ±10% Frequency 50/60 Hz 50/60 Hz Ambient temperature max. 113 °F max. 113 °F Max. relative air humidity 80 % at 86 °F 80 % at 86 °F • PG20150 Installation Specifications © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 6. Resonator / Sonotrode TIT 6 Technical Data TIT-20-44 TIT-20-76 Output frequency 20 kHz 20 kHz Max. Ultrasonic power 600 VA 1‘000 VA Max. voltage 250 V 350 V Max. current 2.0 A 2.8 A Max. temperature continuous 212 °F 212 °F Max. temperature pulse mode 248 °F 248 °F Max. pressure 300 bar 300 bar Active area 3.7 ft2 7.1 ft2 Weight 18.3 lbs 35.3 lbs Dimension 48.82 inch x ø1.73 inch 48.82 inch x ø2.99 inch © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 7. References 7 Ultrasound as technology with high potential for the oil and gas industry SPE-169770 Scale Removal with Ultrasonic Waves (University of Leoben)  With ultrasonic treatment it may be possible to reduce or even substitute the chemical applications SPE-31129 Ultrasonic Removal of Organic Deposits and Polymer Induced Formation Damage. (Los Alamos National Laboratory, Schlumberger, University of Texas at Austin)  It is shown that mechanical agitation provided by the acoustic waves effectively resuspends the paraffin and restores the effective permeability of the core to oil to its undamaged condition in a relatively short period of time  The depth of treatment is approximately 12-15 cm  This suggests that an acoustic source with or without solvents may provide an effective method of removing paraffin from the wellbore and the near wellbore region  Ultrasonic cleaning appears to be a viable technique for treating paraffin problems, especially if combined with solvent soaks  Previously reported work indicated that ultrasonics is capable of significantly reducing damage induced by drilling mud infiltration and in-situ fines migration. Similarly, positive cleaning results were obtained for paraffin and polymer damage. Approximately 1.4 kJ of acoustic energy at 20 kHz removed all precipitated paraffin from the first 6.35-cm core section and increased the permeability in the second 5.08-cm section by 100% © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 8. References 8 Ultrasound as technology with high potential for the oil and gas industry SPE-27388 Ultrasonic Removal of Near-Wellbore Damage Caused by Fines and Mud Solids (Los Alamos National Laboratory, University of Texas at Austin)  The results showed that permeability increased by a factor of three to seven after ultrasonic treatment for cores that were damaged by mud solids and fines migration  It is most likely that acoustic streaming is the dominant mechanism for cleaning both mud and fines damage, although cavitation may contribute to the removal of near surface particles in the mud damage case CSCanada Asphaltene Flocculation Inhibition with Ultrasonic Wave Radiation (Texas A&M University at Qatar)  According to the results obtained, ultrasonic wave technology can be a potential method of flocculation inhibition and can have extensive industrial application © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 9. References 9 Ultrasound as technology with high potential for the oil and gas industry SPE-88767 Near Wellbore Stimulation by Acoustic Waves, (Shell, Halliburton)  A promising new technique to remove the near-wellbore damage is high-frequency acoustic stimulation  Damage particles mobilized by the acoustic waves are removed from the reservoir interval by the production flow  Acoustic stimulation is a novel technique to selectively clean-up wells and is enhanced by underbalanced pressure conditions  Acoustic treatments enhance the clean-up of filter cake significantly even in a laboratory model of a gravel pack completion SPE-107083 Feasibility Study of Ultrasound for Oil Well Stimulation on the Basis of Wave Properties Considerations (PDVSA)  Penetration is approximately 2-3 ft.  Suggesting a high potential of ultrasound for the following applications in well stimulation: − Damage removing in the near of the wellbore caused by fines migration as well as organic and inorganic precipitation − Gravel pack and screens cleaning − Perforations cleaning  Research in Ultrasound, as mechanical stimulation , should continue because it is an attractive technique and it can be used while the well is producing avoiding placement fluids and deferred production © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 10. Basic Ultrasonic Components 10 © Rexonic Ultrasonics AG | June 2016 | - strictly confidential External power supply 380 V Ultrasonic Power supply Converter PZT (lead lanthan zirconate) 50/60 Hz 20 kHz Electrical energy Mechanical energy Booster Amplitude increase Sonotrode Resonator
  • 11. Resonance Frequency 11 © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 12. Cleaning Example 12 © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 13. Cleaning Example 13 Same mesh after 20 minutes treatment with ultrasound © Rexonic Ultrasonics AG | June 2016 | - strictly confidential
  • 14. On Site Setup Set up and operations in Texas Rexonic Energy Services | June 2016 | - strictly confidential
  • 15. Case Studies 15 Country Company Location Year Romania Petrom Onshore 2008, 2009 Mexico PEMEX Onshore 2009 Mexico PEMEX Offshore 2011, 2015 Venezuela PDVSA Offshore 2013 India ONGC Onshore 2013 USA, Texas Legacy, Encana, Apache Onshore 2015 Ultrasound technology applied at various locations Rexonic Energy Services | June 2016 | - strictly confidential
  • 16. Selected Cases 16 ONSHORE TEXAS / USA WELL ID Well 1 (Details confidential) DATE OF STIMULATION 2015-05-20 HF - GENERATOR 5000 W PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 22 RESONATOR TIT-44 Year of completion 2001 [BOPD] Total well depth [ft] 9420 Production methodology Sucker Rod Pump EOR methodology Waterflood Lithology at perforation depth Porous Limestone Temperature at perforation depth [Deg C] 63.6 Hydrostatic pressure at perforation depth [psi] 1180 API grade 35 Well inclination at perforation depth [deg] 0 PRIOR AFTER Casing OD at perforation depth [in] 5.5 Water [BWPD] Gas [MCFPD] 65.0 9.0 66.2 12.3 33.0 41.8 0 20 40 60 80 100 Average oil production 2 months monitoring Prior stimulation After stimulation Increase / Decrease Rexonic Energy Services | June 2016 | - strictly confidential
  • 17. Selected Cases 17 Well 1 – Completion Rexonic Energy Services | June 2016 | - strictly confidential
  • 18. Selected Cases 18 Well 1 - Production Note: Well still producing approximately + 20%; 5 months after stimulation Rexonic Energy Services | June 2016 | - strictly confidential
  • 19. Selected Cases 19 ONSHORE TEXAS / USA WELL ID Well 2 (Details confidential) DATE OF STIMULATION 2015-11-06 HF - GENERATOR 5000 W PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 6 RESONATOR TIT-76 Year of completion 2014 [BOPD] Total well depth [ft] 10300 Production methodology Sucker Rod Pump EOR methodology Waterflood Lithology at perforation depth Porous Limestone Temperature at perforation depth [Deg C] 68 Hydrostatic pressure at perforation depth [psi] 1245 API grade 41 Well inclination at perforation depth [deg] 0 PRIOR AFTER Casing OD at perforation depth [in] 5 Water [BWPD] Gas [MCFPD] 46.0 124.0 45.0 155.0 52.0 70.0 0 20 40 60 80 100 Average oil production 2 months monitoring Prior stimulation After stimulation Increase / Decrease Rexonic Energy Services | June 2016 | - strictly confidential
  • 20. Selected Cases 20 Well 2 - Production Rexonic Energy Services | June 2016 | - strictly confidential
  • 21. Selected Cases 21 Offshore – Gulf of Mexico Rexonic Energy Services | June 2016 | - strictly confidential
  • 22. Selected Cases 22 OFFSHORE MEXICO WELL ID Well 3 (Details confidential) DATE OF STIMULATION 2015-02-07 HF - GENERATOR 10000 W PRODUCER Confidential TOTAL STIMULATED LENGTH [m] 20 RESONATOR TIT-44 Year of completion 2008 [BOPD] Total well depth [m] 3329 Production methodology Gas Lift EOR methodology Waterflood Lithology at perforation depth Porous Dolomite Temperature at perforation depth [Deg C] 106 Hydrostatic pressure at perforation depth [psi] 1204 API grade 14.2 Well inclination at perforation depth [deg] 3 PRIOR AFTER Casing OD at perforation depth [in] 5.5 Water [BWPD] Gas [MMCFPD] 207 5.1 291 4.0 560.0 795.0 0 200 400 600 800 1000 Average oil production 1.5 months monitoring Prior stimulation After stimulation Increase / Decrease Rexonic Energy Services | June 2016 | - strictly confidential
  • 23. Selected Cases 23 Well 3 - Completion Rexonic Energy Services | June 2016 | - strictly confidential
  • 24. Selected Cases 24 Well 3 - Production Results • Production increase approximately 42 % (average 560 bopd to max. 795 bopd) for approximately 1.5 months • Production increase approximately 10 days after end of stimulation due to gas lift pressure adjustment Rexonic Energy Services | June 2016 | - strictly confidential
  • 25. Selected Cases 25 ONSHORE TEXAS / USA WELL ID Well 4 (Details Confidential) DATE OF STIMULATION 2016-03-01 HF - GENERATOR 5000 W PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 18 RESONATOR TIT-76 Year of completion 2015 [BOPD] Total well depth [ft] 10290 Production methodology Sucker Rod Pump EOR methodology Waterflood Lithology at perforation depth Porous Limestone Temperature at perforation depth [Deg C] 70 Hydrostatic pressure at perforation depth [psi] 633 API grade 42 Well inclination at perforation depth [deg] 0 PRIOR AFTER Casing OD at perforation depth [in] 5.5 Water [BWPD] Gas [MCFPD] 20.9 77.4 22.2 103.7 15.9 28.8 0 10 20 30 40 Average oil production 1.2 months monitoring Prior stimulation After stimulation Increase / Decrease Rexonic Energy Services | June 2016 | - strictly confidential
  • 26. Selected Cases 26 Well 4– Well Completion Rexonic Energy Services | June 2016 | - strictly confidential
  • 27. Selected Cases 27 Well 4- Production Rexonic Energy Services | June 2016 | - strictly confidential
  • 28. Selected Cases 28 ONSHORE TEXAS / USA WELL ID Well 5 (Details Confidential) DATE OF STIMULATION 2016-04-07 HF - GENERATOR 5000 W PRODUCER Confidential TOTAL STIMULATED LENGTH [ft] 12 RESONATOR TIT-76 Year of completion 2014 [BOPD] Total well depth [ft] 10095 Production methodology Sucker Rod Pump EOR methodology Waterflood Lithology at perforation depth Porous Limestone Temperature at perforation depth [Deg C] 63 Hydrostatic pressure at perforation depth [psi] 797 API grade 42 Well inclination at perforation depth [deg] 0 PRIOR AFTER Casing OD at perforation depth [in] 5.5 Water [BWPD] Gas [MCFPD] 33.7 59.5 66.1 65.0 6.0 14.3 0 5 10 15 20 Average oil production 1.2 months monitoring Prior stimulation After stimulation Increase / Decrease Rexonic Energy Services | June 2016 | - strictly confidential
  • 29. Selected Cases 29 Well 5 - Production Rexonic Energy Services | June 2016 | - strictly confidential
  • 30. The rexonics™ technology is the world’s first environmentally- friendly, high-power ultrasound technology for commercial oil well stimulation that has been proven to increase oil production significantly both onshore and offshore. The proprietary, patented technology is highly efficient in cleaning the production well bore from typical oil production inhibitors such as wax, paraffin and salt deposits, thereby significantly increasing the flow of oil into the well bore. The technology does not use any chemicals and allows the well bores to continue oil production during the cleaning process. Rexonic Ultrasonics AG operates on a service business model providing production well bore cleaning services to national oil companies, oil majors and other oil production companies. Rexonic Energy Services 190 South East Loop 338 Odessa, Texas 79766 Ridge Tullos – Area Manager ridgetullos@rexonicenergyservices.com 432-208-1220 Jared Hopper – Stimulation Engineer jaredhopper@rexonicenergyservices.com 432-288-3786