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SitePro: A Digital Revolution 1 David Bateman Chairman & Co-CEO
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SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Mar 12, 2020

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Page 1: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SitePro: A Digital Revolution

1

David Bateman

Chairman & Co-CEO

Page 2: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

2

As Chairman & Co-CEO David is responsible for the day-to-day

business and corporate functions of SitePro as well as the

Environmental, Social, & Governance responsibilities of the

company. He plays a critical role in the development of key

relationships, corporate development activities, investor relations, and recruiting talented team members for the

company. David is an entrepreneur whose strategic focus has

helped drive SitePro from an early stage startup to a rapidly

growing venture backed corporation. He & his family are

landowners who pursue environmental stewardship of natural resources through their land management strategies with a

balance of agricultural production and wildlife and water

conservation. He received his BS in Industrial Engineering and

an MBA from Texas Tech University. He lives in Lubbock and

enjoys spending time outdoors with his wife and two sons.

David Bateman, Co-CEO

Page 3: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

3

SitePro Mission Statement

A digital revolution enabling the

responsible management of the

world’s natural resources and mission

critical infrastructure, ensuring a safe

and promising environment for future

generations

Page 4: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SitePro: The Technology Industry Leader in

Responsible Fluid Management

4

SitePro’s Premier Customer BaseSitePro is leading the forefront of the digital transformation of the upstream oil & gas industry

through its real-time, cloud-based automation and IoT platform. The Company’s goal is toprovide solutions and services throughout the entire fluid management life-cycle, helping

customers become more efficient, safe and environmentallyresponsible.

✓ SitePro helps operate ~1,000 Sites throughout the US.

✓ SitePro is trusted to efficiently track and responsibly dispose of over 4 million barrels of

water per day.

✓ SitePro is the automation provider for 50% of the commercial SWD market in the Permian.

✓ With the acquisition of ICS, the SitePro bench is deeper than ever before. The combined

technologies bring the strongest features of each into one platform, providing our

customers the most innovative fluid management platform on the market.

>4mm

BWPD

Tracked

~1,000

Sites

Automated

>50% of the

Commercial

SWD Market

Most

Innovative

Platform

Page 5: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SitePro: Strategic Partner for Scalability

5

One Stop Shop for

Automation Technology

Best-In-Class Expertise & Experience

Proven Ability to Scale

Utilizing SitePro as a Strategic

Partner Streamlines Scalability

• SitePro has proven itself as

the premier provider for the

major water midstream

companies in the industry

• Working for years with high

quality operators and over 100

customers has allowed SitePro

to finetune its operations to

ensure optimal performance

• SitePro is proud to have

partnered with operators in the

startup phase to operating phase

– going from 1 to 100+ wells with

multiple customers

When a company is in growth mode, it is vital to partner with the best-in-class vendors to ensure seamless scalability.

SitePro has proven itself time and time again as the best option to ramp production from greenfield projects to acquisitions.

Page 6: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SitePro: Markets We Serve

6

Upstream Production

Sourcing & Recycling

Midstream

Saltwater Disposals

SitePro offers technology for upstream

production pads that go "beyond

SCADA". Operators can remotely

monitor and control pumps, valves,

separators, heater treaters, LACT skids,

wellheads and just about any other

piece of equipment on a production site

or tank battery. This results in lower

Lease Operating Expenses, lower Non-

Productive Time, less unplanned

maintenance and fewer HSE events.

SitePro's advanced data analytics

captures transaction information in

real-time for any type of load accurately

and reliably. Manage tank level alarms,

pump speeds and fluid transfers

remotely with real-time information

directly from any facility you manage.

Remotely control all aspects of field

infrastructure, through actuated-valve

control systems. Integrate your entire

system of midstream assets utilizing

a cloud-based platform that aggregates

real-time data from multiple IoT sensors

into one dashboard.

For the first time, the source water sales

market has a solution to monitor, track,

ticket, and invoice water sales volumes and

flow rates. Eliminate the need to physically

check water volumes and tank levels with

remote monitoring and controls through the

SitePro platform.

Upstream Production Midstream

Environmental & SWDs Sourcing & Recycling

Page 7: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SitePro Ecosystem

SitePro’s robust industry leading platform that was built

specifically for fluid management provides a wealth of

functionality and tools to reduce operational costs,

increase efficiencies, increase insights to drive

informed decisions, and increase overall environmental

responsibility

7

SiteControl

SiteWatch

SiteTicket

ROC Operations

ROC Ticket

Roc Admin

SiteChemical

System Balancing

Page 8: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Software Solutions

8

SoftwareCommand

Center Regulatory

Center Ticket Center

Data

Analytics

Page 9: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Software Solutions for Safe, Accurate

Control of Your Assets

9

Command Center Regulatory Center Ticket Center Data Analytics

Key Benefits

✓ More Efficient Operations: Remote

access and control of your facilities from anywhere in the world.

✓ Increase Safe and Responsible Operations: Proactive alarm

management and real-time information minimizes HSE events.

✓ Increase Uptime: Faster response times and remote operational control

minimizes unexpected downtime.

✓ Optimize Back-Office Personnel:

Automated reports and mass ticket reconciliation decrease administrative

workload.

✓ Faster Decision-Making: Real-time

data combined with remote control allows for more informed operational

changes.

Web-based platform that

provides real-time data and remote control of

your operations.

Automated, state

specific, regulatory reporting that saves

time and money.

Ticket reconciliation

software that enables bulk editing for faster

and more accurate

invoicing.

Operational overview

that details where your water is coming from.

Insight that allows you

to look at scalability in a new light.

Softw are Command Center Regulatory Center Ticket Center Data Analy tics

➢ SitePro’s cloud-based software solutions provide real-time access to fluid

management data and functionality across even the most complex system of

tanks, pipelines and trucked fluid.

➢ Managing your data in real-time allows more accurate decision making, ticket

information, easy regulatory filing, faster invoicing and total control of the data

throughout your SitePro fluid management system.

Page 10: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Data Analytics

10

SitePro data

visualization tools

give your team

valuable insight to

optimize routes for

efficient fluid

management,

reducing carbon

footprint and cost.

Page 11: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SitePro Mobile App

11

❖ Facility Summary ❖ Pumps❖ Meters❖ Cameras❖ Facility Detail❖ Alarms

The SitePro app provides quick, easy and secure access

to monitoring and remote control for the entire system

Page 12: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Automation Solutions

12

Automation SiteControl SiteWatch SiteTicket SiteChemical

Page 13: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Automation Solutions Drive Efficiency

➢ Automation Software Solutions provide remote access and

control of an entire fluid management system – from a

single tank to a network of facilities, pipelines, and trucks

➢ The automation allows a system to improve operational

efficiencies and the ability to scale business faster and at a

lower cost than ever before

Real-time tracking and

order management with automatic job progress

updates and completion

status

SiteControl SiteWatch

Deter potential theft and

minimize HSE events with real-time monitoring of on-

site operations with live

feed/motion capture and customizable alarm

parameters

SiteTicket

Instantly capture information and eliminate the manual

gathering and data entry

process, resulting in more

accurate invoicing and

faster order-to-cash

Lower Operating CostsReal-time control of operations from anywhere

Scalable OperationsIncreased operational efficiencies allowing faster growth and expansion

Loss PreventionReal-time facility monitoring and controlled access to load and discharge manifolds

Better Operational PlanningMore accurate operational data which leads to faster and more accurate decision making

Increased Top-Line RevenueImproved invoicing due to advanced digital Human Machine

Interface (HMI) at the transaction site

Key Benefits

13Automation SiteControl SiteWatch SiteTicket SiteChemical

Page 14: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SiteControl

Key Benefits

14

SitePro’s advanced automation technology gives facility operators complete control over their operations. Reduce

the total man-hours required to operate your facilities and scale operations faster at lower costs.

Automation SiteControl SiteWatch SiteTicket SiteChemical

• Real-time control of your operationsAutomated facility

management

• State-of the art technology to ensure optimal performance

Advanced

Edge-computing Technology

• More data points, versatile functionality, and stronger control than the standard PLC-based system

Innovative IPC Platform

• Immediately review data to identify trends and operational data points to make informed operational decisions

Real-time tracking and order management

• 24/7 real-time insight to ensure projects are completed timely and accurately

Automatic job progress updates and completion

status

Page 15: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SiteTicket

15Automation SiteControl SiteWatch SiteTicket SiteChemical

✓ Instantly capture haul-ticketing information

✓ Eliminate the manual gathering and data entry process

✓ More accurate invoicing

✓ Real-time data on which customers and haulers are

disposing at your facility

✓ Securely limit who can dispose at the facility

✓ Reduce environmental impact with less paper tickets

✓ Eliminate lost tickets

✓ Auto populate into Excel or QuickBooks

✓ Faster order to cash

✓ Reduce revenue leakage

Value Adds

Full adoption of SiteTicket

for commercial SWDs in

the Permian Basin would

save over 45MM sheets

of paper per year

(enough to fill up 8 747

airplanes; saves 3,000

trees per year)

Environmentally Sustainable

Page 16: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Chemical Management Delivers High ROI

16Automation SiteControl SiteWatch SiteTicket SiteChemical

SiteChemical allows our customers to reduce chemical usage and costs by monitoring flow rates, fluid volumes, and composition to automatically adjust chemical dosage;

reducing costs and improving the useful life of your high-value assets.

Optimize the Impact and Cost of Chemical Programs

Page 17: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Managed Services

17Managed Services ROC Operations ROC Ticket ROC Admin

Managed

Services

ROC Operations

ROC Ticket ROC Admin

Page 18: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

ROC: Optimizing Operations

➢ The Remote Operations Center (ROC) provides customers with 24/7

support with highly-trained personnel continuously monitoring,evaluating, and adjusting our customer’s assets and transactions.This unique service allows our clients to leverage economies of

scale to any operational model with contract field labor oradministrative personnel, resulting in immediate savings and

efficiency

ROC Operations

A 24/7 remote support

that continuously

monitors, evaluates and

adjusts assets

addressing most

complex operational

issues

ROC Ticket

Outsource your entire

field ticket reconciliation

process, resulting in

faster order to cash and

minimized revenue

leakage

ROC Admin

Outsource user

permissions and

company hierarchy,

resulting in more efficient

use and scalability of

SitePro platform

➢ SitePro’s ROC provides 2-types of Operations support: Proactive

and Reactive. With ROC Proactive, we will alert you based onconditions in the field proactively. With ROC Reactive, we are onstandby to react to your request any time day or night.

18Managed Services ROC Operations ROC Ticket ROC Admin

Page 19: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

ROC Drives ROI

Based on industry research, 60-80% of pumper site visits could have been handled remotely

ROC: An Extension of your Operational Arm at a Fraction of the Cost

Reduce overall pumper headcount by 60%

Provides the foundation to scale quickly

Reduce your incident risk by fewer site visits

Reduce Labor & Associated expenses by 40%

Gain actionable insight into your operations

Costs $2.77/hour to operate your facility

Increase earnings by optimizing your operations Increased earnings = increased enterprise value

19Managed Services ROC Operations ROC Ticket ROC Admin

Page 20: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

ROC’s Multi-Faceted Approach to Driving Value

Transforming the oilfield to operate on a

“Manage by Exception” basis

ROC Provides an Immediate Accretive Realization

Reduces LOE, headcount, & turnoverLabor cost savings of over 40% with increased oversightProven ability to reduce pumper headcount by 60%

Reduces Incident RateEliminating the need to constantly conduct site checks to look for issues directly correlates to a reduction in safety risk

Increases Uptime & ReliabilityFaster response times, remote operational control, and predictive machine learning minimizes unexpected downtime

Increases ScalabilityUncapped scalability and increased productivity, and allows for

immediate accretion on acquisitions utilizing legacy or no technology

Increases Profitability & Enterprise ValueROC savings have an immediate impact to shareholder value

20Managed Services ROC Operations ROC Ticket ROC Admin

Page 21: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

ROC Reduces LOE, Headcount, & Turnover

ROC Reduces

LOE, Headcount, & Turnover

ROC reduces labor costs & associated expenses by 40%

while providing stronger oversight

ROC has proven results to reduce

headcount pumper headcount by 60%

ROC increases the quality of your labor : Keep your best staff

ROC reduces your exposure to costly

accidents by human error

ROC reduces turnover and the

associated recruiting/onboarding

expenses

ROC provides structure to ensure

SOPs are being executed

Shift Status Quo: Pumper:SWD Ratio With ROC: Pumper:SWD Ratio

Day Shift 1:2 1:6

Night Shift 1:4 1:12

$-

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

$9,000

5 10 15 20 25 30 35 40 45 50

As

so

cia

ted

Co

sts

($

in T

ho

us

an

ds)

# of Operating SWDs

Annual Cost Comparison1

Status Quo With ROC

(1) Associated costs included labor, per diem, f uel, insurance, etc.

-

5

10

15

20

25

30

35

40

5 10 15 20 25 30 35 40 45 50

Pum

per

Headcount

# of Operating SWDs

Headcount Comparison

Status Quo With ROC

ROC can

produce $4mm

in net cost

savings

21Managed Services ROC Operations ROC Ticket ROC Admin

Page 22: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

ROC Increases Scalability

Managed services allows you to scale seamlessly by already having SOPs in place with the dedicated

ROC team

Once a new site is onboarded, the ROC team is prepared to begin operating your facilities in the same manner they operate the

other facilities

ROC alleviates the need to proportionally staff up to handle the

increased workload.

ROC managing the operational needs of your acquisition or new

greenfield development allows your management team to focus on customer onboarding and other

crucial integration goals.

22Managed Services ROC Operations ROC Ticket ROC Admin

The ROC platform allows customers to efficiently scale their business without the normal growing pains

Page 23: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

ROC Increases Enterprise Value

The ROC platform is an immediately accretive solution that can add

$30mm of shareholder value on a 50 SWD platform.

(1) Figures in $ thousands

5 10 15 20 25 30 35 40 45 50

5.0x $2,478 $3,966 $5,346 $6,834 $9,312 $11,790 $14,268 $14,658 $18,234 $18,624

6.0x $2,974 $4,759 $6,415 $8,201 $11,174 $14,148 $17,122 $17,590 $21,881 $22,349

7.0x $3,469 $5,552 $7,484 $9,568 $13,037 $16,506 $19,975 $20,521 $25,528 $26,074

8.0x $3,965 $6,346 $8,554 $10,934 $14,899 $18,864 $22,829 $23,453 $29,174 $29,798

$-

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

Incr

ease

in E

nte

rpri

se V

alu

e

Increase in Enterprise Value1

EV

Multip

le

23Managed Services ROC Operations ROC Ticket ROC Admin

Page 24: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

ROC Ticket: Reduce G&A Spend Associated

with Ticket Reconciliation

ROC Ticket reduces G&A spend associated with

ticket reconciliation by allowing SitePro’s

dedicated team to correct billing errors and

validate the data that is in your regulatory filings

Faster Order-to-Cash CycleReliable Software

•Eliminate the tedious task of reconciling your own tickets while improving the accuracy of your invoicing for a faster order-to-cash cycle

Outsource Ticket Reconciliation to the Experts in the Space

Dedicated Professionals

•SitePro’s ROC Ticket Team is fully focused on reconciling client’s data which gives all clients the benefit of a team that has come across any and every issue.

•The ROC Ticket Team alleviates the guess work associated with ticket reconciliation.

•Allow your back-office personnel to focus on helping grow the business rather than reconciling tickets

Vast Reduction in Data ErrorsAccurate Data

•Verify your data before sending invoices to customers or filing regulatory reports, preventing late payments, and the possibility of fines from state and federal agencies.

Removing a Headache to Allow for GrowthImproved Efficiency

•Streamlining the reconciliation process allows your team to focus on jobs that allow your business to scale by improving operational efficiencies at every level of your organization

24Managed Services ROC Operations ROC Ticket ROC Admin

Page 25: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

System Balancing

25

Page 26: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

System Balancing: Optimizing Fluid Flow

System Balancing optimizes fluid flow by allowing meters to

speak to each other through interconnected piped networks to

ensure your assets are being utilized efficiently.

26

•With interconnected disposal systems, the headache of what water went to which disposal well within the system is eliminated when utilizing System Balancing

Reconciliation of Incoming vs

Disposed Water

•System Balancing eliminates revenue leakage due to tracking each barrel in the disposal system

Eliminate Revenue Leakage

•With System Balancing, your entire system is speaking to each other. System Balancing allows for uninterrupted operations for your customers (e.g. in the event of well maintenance, seamlessly divert water to another disposal with available capacity.

Volume Management across Multiple Disposals

•In the event of volume surges in a specific area, System Balancing allows you to flawlessly divert volume to other facilities with available capacity

Ability to Handle Volume Surges

Page 27: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

SitePro:

Strategic

Partner for

Scalability

Leverage Technology

SitePro’s suite gives operators the most cutting-edge fluid management technology. A partnership enhances this

technology, giving operators consistent advancements in the way they analyze and manage their operations.

Apply Managed Services

SitePro’s ROC diversifies operational decision making. Customizing these services to fit your needs provides

more choices and ways to examine current operations.

Utilize a Strategic Partner for Scalability

SitePro has a proven track record of partnering with operators going from 1 to 100+ facilities.

27

Optimize Your ROI by Utilizing the entire SitePro Suite

Page 28: SitePro: A Digital Revolution · SCADA". Operators can remotely monitor and control pumps, valves, separators, heater treaters, LACT skids, wellheads and just about any other piece

Call us Today to Schedule Your Live Demo

806.687.5326

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