Merrick Systems Inc. Drilling Products

Merrick Systems Inc. Drilling

Products

Rapid Component

Identification System

Covered by one or more of the following U.S. patent No’s: 5,142,128; 5,360,967; Covered by one or more of the following U.S. patent No’s: 5,142,128; 5,360,967; 6,347,292; 6,480,811; and 6,604,063. (Additional patents pending)6,347,292; 6,480,811; and 6,604,063. (Additional patents pending)

Presentation

• ‘Typical’ Drilling Rig Information Collection

• Drilling Products for RFID – Tool-Hand™ and Rig-Hand™

• How they work / What they do

• Business Values

• Equipment Life Cycle – Cradle to Grave

• Operations

1899-2006 Rig Measurement Technology

WITSMLWEB/SOA

The Rig-Hand™ System

Doghouse / Field Office Enterprise Solution

Features

Inspections

Certifications

Rental Use

• Pick Lists

• Use Reports

• Location (Ver 2)

Tool Schematics

(Maintenance…)

Tool-Hand™ Features PLUS:

Operations Focused

• Runs

• Strings

• Plans

• Field Use

String Schematic

Tool-Hand™ Rig-Hand™

Applications of Tool-Hand™ + Rig-Hand™

•Safety Equipment

•Drilling & Production Chemicals

•Drill Pipe, HWDP

•Drill Bits, Hole Openers

•Chicksans / Pressure Vessels

•Casing and Production Tubing

•Packers, Bridge Plugs, Pumps…

We Have RFID Tags for Surface & Downhole Oilfield Equipment

Both Thick & Thin Walled Components

Just Say ‘NO’ to Viruses on RFID Tags

NO VIRUS

• We have a secure ‘read’ algorithm

• Our system can perform check-sum confirmation of a valid tag read

• We use special tag’s and frequencies appropriate for downhole equipment rather then mass-market retail

• Our tags only carry an identifier: data is in the database

- AND Finally-

• Our Tags are READ-ONLY

Unique Identifier, Coupled With Information

Dimensions

Materials

Ownership

Certification

Use History

Location

RFID

Components are easily tracked from manufacture through use

Cradle to Grave Value

Drilling Operations

• Reduced Drilling Costs

– Changes Inspection Frequency & Results

– Reduces Risk

– Improved Engineering Optimizations

– Automatic Schematics

• Real-Time and Cumulative Fatigue Indicators

• Faster, Better, Safer, Cheaper

Partners & Strategies

• WITSML Industry Standard Data Integration

• Royalty and license arrangements

– OEM Manufacturing & Service Companies

• Installation Services; OEM and Retro-Fit

• Internal Use

• Inspections

• Field Services Integration

Questions?