By George Shard & Ray Pickens Offshore Fluids By George Shard & Ray Pickens

Drilling and Production Vessels PLATFORM DRILL SHIP SEMI-SUBMERSABLE FLOATING PRODUCTION VESSEL

The Drilling Process Drill String or Crown Compensator Motion Compensators Riser Blow Out Preventer Drill Bit

BOP System Primarily to prevent gas and oil ‘gushing’ from high pressure wells. To control well operations during drilling.

Motion Compensator Systems To compensate for movement between the seabed and a floating vessel. Maintains down-force or tension on cables and drill-strings.

SUB-SEA PRODUCTION SYSTEMS

Subsea Production Cheaper than a platform Can be used in deep water Ideal for ‘marginal fields’ Controlled through long hydraulic umbilicals

Erifon HD603 BOP Control Fluid Used diluted with water (and Glycol) at 100:1. Low Toxicity High Stability High Biodegradability With Lubricants, Biocide and Corrosion inhibitors.

Erifon 818 For use in Motion Compensators Extremely High Compression Ignition Ratio With Lubricants, Biocide and Corrosion inhibitors.

Oceanic Fluids Ready to Use Subsea Production Control Fluids Extremely Stable Upto 180°C Operating Temperature Low Viscosity for Fast Response With Lubricants, Biocide and Corrosion inhibitors. Environmentally Friendly for Marine Discharge.

Main Offshore Oil and Gas Areas NORWAY ABERDEEN WIGAN HOUSTON SINGAPORE BRAZIL SOUTH AFRICA AUSTRALIA

Worldwide 1999/2000 OCEANIC PRODUCT RANGE North Sea Flat Gulf of Mexico Flat Brazil* Up +5 to +10% West Africa Up +10% Far East Down -5 to -10% *Expect to have 50% of all Subsea Wells in the World by the end of the Year 2000. (see Brazil Energy).

Worldwide 1999/2000 ERIFON PRODUCT RANGE Current Worldwide Rig Activity Breakdown By Area - Floating Rigs Only - Projected 1999

1999/2000 Growth Strategies Introduce New Products Asphaltene Dispersants Methanol Anti-wear Additives Tank Cleaners Expand Existing Markets Streamer Fluids Oceanic SST5007 Storage Fluid Adhesives in Offshore Applications Drilling Mud Lubricants