Wireline Presentation 14th September 2016

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Develop.Enhance.

Sustain

TurboWolf Resources Sdn Bhd


Company Registration # 1182573-W
GST Registration Number # 001932341248
Table of Contents
• Introduction • Cased Hole Services
• The Team • Support by Sarawak
• Sarawak Map State
• Target Market • Company Goals
• Competitors • Summary
• Oilfield Cycle
Introduction

 Team of professionals with accumulative industry experience and exposure of over


30 years. Shares the same vision and mission which is to be the best service
provider who provides exceptional service quality that fits our customers’
requirements and achieving their goal
Introduction
Company Background
• Founded by a team of professionals from different etnic and culture background
• Incorporated on 6th April 2016
• Committed to deliver services to our clients with reliability and quality
workmanship
• Provides specialized oil/gas solutions and services, as well as construction/civil
engineering works, mechanical/electrical engineering services, equipment and
material supplies and last but not least marine inspection services.
Introduction
Company Vision
• To become one of Sarawak’s own company which is actively involved in the
SARAWAK Oil and Gas Industry

• Achieve Superior Growth in a short span of time

• Pledge to establish lasting relationships with our customers as well deliver services
that meets their expectation

• Improve efficiency, increases recovery and providing straightforward solutions


through exceptional performance of every team member
The Team
MANAGING DIRECTOR
Terence Baru Meechang

HOD Admin, Finance, HOD Civil and Mechanical


HOD Oil & Gas HOD QHSE
Accounts & Human Engineering
Resource
Mohd Kamry Ahmad Rony Anvaliery Evy George
Tim Ramphal
Joanne Mutang
Sarawak MAP
Sarawak Oil and Gas Field
Target Market in Sarawak

 PETRONAS  JX NIPPON
 Balai Cluster Oil and Gas Field  Helang Gas Field
 Block SK316 Gas Fields  Layang Gas Field
 D18 Oil Field
 D35, D21, J4, PSC Oil And Gas Fields  Murphy
 Kumang Cluster Gas And Condensate Fields  Kikeh Oil Field
 Temana Oil Field  Sarawak Gas Projects
 Sarawak Oil Projects
 SHELL  West Patricia Oil and Gas Field
 B11 Gas Field
 Baram Delta Oil And Gas Fields  PetroVietnam
 Cili Padi Gas Field  SK305 Block Oil and Gas Field
 D12 Gas And Condensate Field
 E11 Complex Gas Fields
 F23 Gas And Condensate Field
 F28 Gas Field
 F6 Gas Field
 Jintan And Serai Gas Field
 Laila Gas Field
Competitors - International

 Schlumberger
 Baker Hughes
 Halliburton
 Aker Solutions
 Archer
 TGT Oil
 SGS
Competitors - Local West Malaysia

 UZMA
 Dimension Bid
Oilfield Cycle
Cased Hole Services

• One of the number of Cased Hole services that includes


• Monitoring of Cement, Corrosion, Formation Fluid
Contacts, Perforating and Plug&Packer Setting
• Performed in dead wells, overbalanced, conditions can use
relatively simple pressure control equipment during the job
execution
• Application of production logging
• Allocate production based on producing Zones
• Diagnose the performance of the well performance
• Design EOR jobs
Services Provided
• E-Line Services ( Well Integrity, Downhole Tractor Logging, Production Logging )
• Memory Services
• Perforation
• Pipe Recovery
Services - Production Logging

Production logging is the


measurement of fluid parameters
and flow contributions on a zone-by-
zone basis to yield information about
the type and movement of fluids
within and near the wellbore.
Services - Perforation Services

Perforation Services creates a


direct link between the wellbore and
the producing formation by making
holes in the casing and the cement
sheath that surrounds it.
Services - Pipe Recovery

Pipe Recovery is a wireline specific


operation used in the oil and gas
industry, when the drill string
becomes stuck downhole. Stuck pipe
prevents the drill rig from continuing
operations. Therefor a pipe recovery
job is designed to free the stuck pipe.
Services - Well Integrity Logging

Well Integrity Logging is the


application of getting information on
the existing wells that is owned by
the client. Mostly information that will
be used to reduce the risk of
uncontrolled release of formation
fluids throughout the life cycle of a
well
Difference Between TWR and Local
Competitors
• 100% Sarawakian owned (BOD + Shareholders + Employees)
• Experts in the field - Ex Schlumberger Engineers with vast experience
• Equipments and tools from high profile international companies known by their
lead in technology
Support by Sarawak State
• Request for the support for a local company to be able to perform jobs in Sarawak,
not only for PETRONAS but also other Oil Operators.
• Support needed to convinced Schlumberger/ Halliburton to provide exclusive
partnership with the company (to gain technology, equipment and tools supports).
• Vendor Development Program (VDP) Status East Malaysia to develop the company
in 10 years. This status enables the company to participate in close tenders as well
as helping the company to grow and develop.
• SWEC Codes VDP Requested:
• SP2170200 – Cased Hole Electric Logging and Services
• SP2220300 – Slickline Well Perforating Service
• SP2220500 – Electric Line Well Perforating Services
• SP2220600 – Well Tubing Puncher Services
• SP2420000 – Downhole Tractoring Services
Company Long Term Goals
Research and Development
• R&D in terms of new technology, development of tools and equipments, enhance
efficiency of tools etc.
• How – Labs, JV with international companies in R&D
• Who – Final year Degree Students/ Masters/ PHD (Thesis etc) of UNIMAS & Local
University
• Benefit – Great improvement in technology & knowledge among the locals, new
specific courses introduced in local universities. Locals will have world class
knowledge in science and engineering by collaborating with experts from all over
the globe and learn their technology.
Company Long Term Goals
Manufacturing Factory
• Set up a fabrication and manufacturing factory to fabricate tools and equipment
• Where – Planned site is Samalaju Industrial Park
• Benefits – creates more job opportunities to locals, improve the amount of high
skilled local workers and semi skilled workers, and attracts investors. Costs will also
be cheaper since resources to manufacture every tools and equipment are self
manufactured. Imports will be less, but most probably exports will increase in
volume.
Company Long Term Goals
Recruiting and Training
• Setting up a training centre that will develop the knowledge of local employees
hired
• Where – abandoned wells to be set up as real time training grounds
• Who – Trainers will be experts hired from high profile companies with years of
experience
• Recruiting local engineers/ specialists from local and international universities
• Benefits – create more job opportunities for local engineers, local employees will be
highly skilled and competent running every jobs due to extensive trainings
Company Long Term Goals
People and State
• Locals will greatly benefit in terms of quality of living, gaining world class knowledge
and competitive with foreign people
• Local company booming becoming among the top companies in the world
• State will benefit – more investors coming in to invest, nature reserves of the states
goes back to the people. State assets (wells/ blocks) will be maintained accordingly
and the health of the wells monitored, improving productivity and lowers operation
and maintenance costs.
Company Funding Needed
Short Term
• Land Acquisition and Proper office – Bintulu (Est: RM700K – RM750K)
• Warehouse/ Workshop – tools and equipment storage and maintenance lab (Est:
RM200K)
• Transportation/ Machineries – Forklifts, overhead crane, 3 tonne pickup, double
cab, worker van (Est:RM600K)
• Equipments – Cable, Power Pack, Control Cabin, Cable Skid, Pressure Control Eqp
(Est: Rental)
• Tools – E-Line/ Memory/ Tractor/ Perf (Est: Rental)
• Man Power solutions – Engineer/ Specialist, Maintenance Tech, Crew Chief,
Operator (Engineer RM3.8K/month, Main. Tech RM3.3K/month, CC RM2.8K/month,
Op RM2.3K/month)
Summary
• Looking at long term vision, we shall be able to produce our own High Tech tools
by utilising our local talent provided with the proper R&D support from Turbowolf
and local University
• Beneficial to the people in terms of providing jobs etc

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