1. The Changing Face of Precision Flow Measurement

2. Flowmeter Selection Process Tendency to stay with what’s worked in past Gathering information often difficult Not an Exact Science Usually more than one answer Potential LARGE gains Reduced CAPEX Reduced OPEX

3. Flow Technology Selection Process Application/Purpose of Measurement Performance Cost/Economics Select Flowmeter Purpose of Measurement Installed vs Reference Performance Price/Installed Cost/Life-Cycle Cost Actions: Review purpose of measurement, key performance criteria, environmental considerations, approvals Actions: Complete Spec Sheet, Size Flowmeters for application, complete Installed Performance analysis Actions: Consider schedule, price, cost to Install, operating costs (Reliability, Maintenance, Energy, etc.)

4. FY07 Precision Flow Market $Millions Technology CAGRs (’07-’12) Coriolis $3.7 Billion Market Ultrasonic Precision Flow Market Thermal Mass Vortex Mag dP Turbine PD Average CAGR: 6.3%

5. Why Coriolis – Direct Mass Measurement Coriolis meters have been the fastest growing flow measurement technologies over the past decade. Growth has been driven by a unique ability to measure mass directly – Better control of Chemical reactions (based on molecular ratios) – Better Mass balance – Reduced Process Variability especially in compressible fluids (Gas) Slide 5 The same amount of fluid (342 lb) looks like 2.7% difference with volumetric measurement (42.0 vs. 40.9 gallons) 40.9 gal. 42.0 gal. 20° F 342 lbs. 60° F 342 lbs.

6. Theory of Operation Slide 6 The Coriolis effect is an inertia force. In 1835, Gustave-Gaspard de Coriolis showed that this inertia force must be taken into consideration if the simple Newton’s Law of Motion of bodies are to be used in a rotating frame of reference. Gasparde de Coriolis Coriolis Effect: The original path is deflected westward by the rotation of the planet

7. Theory of Operation – Mass Flow Slide 7 In a Coriolis meter, the inertial force is provided by vibrating the flow tubes. The tube twist or angle of deflection from the vibration plane is measured and converted into a mass flow measurement. Most implementations use a pair of counter-vibrating tubes to cancel the effect of external vibrations, but many geometries exist. Vibration Flow Axis Twist Vibration Flow Tubes Micro Motion Confidential Page 7

8. Theory of Operations – Mass Flow Process fluid enters the sensor and flow is split with half the flow through each tube. The sensor flow tubes are vibrated in opposition to each other by energizing a drive coil. Tubes are oscillated at their natural frequency. Magnet and coil assemblies, called pick-offs, are mounted on the flow tubes. As each coil moves through the uniform magnetic field of the adjacent magnet it creates a voltage in the form of a sine wave. Slide 8

9. Theory of Operations – Mass Flow During a no flow condition, there is no Coriolis effect and the sine waves are in phase with each other. When fluid is moving through the sensor's tubes, Coriolis forces are induced causing the flow tubes to twist in opposition to each other. The time difference between the sine waves is measured and is called Delta-T which is directly proportional to the mass flow rate. Slide 9

10. Theory of Operations – Mass Flow – We also measure temperature – why? – Compensates for the effect of temperature on tube rigidity (% change in rigidity per 100°C). Slide 10 à Three wire platinum RTD measures process temperature  Accurate to +/- 1.0 o C  Available as additional process variable RTD Micro Motion Confidential Page 10

11. Theory of Operation - Density Density measurement is based on the natural frequency of the system including the flow tubes and the process fluid. – As the mass increases, the natural frequency of the system decreases. – As the mass decreases, the natural frequency of the system increases. Slide 11

12. Theory of Operation - Density The density of the process fluid can be derived from the frequency of oscillation of the sensor. This frequency signal is taken from one or both pickoff coils. The volume of the fluid contained in the flow tubes remains constant, so the only way mass can change is if density also changes. Because of this relationship between mass and density, the natural frequency of the flow tubes indicates not only the mass of the fluid contained, but also the density. Slide 12

13. Theory of Operation - Density Density calibration is performed at the factory on air and water. – Tube period of air (K1) 10484 – Tube period of water (K2) 10966 – Density of air (D1) 0.0010 – Density of water (D2) 0.9982 – Temperature coefficient 4.39 The transmitter automatically performs a calculation based upon the data points stored in its memory during calibration. Field calibrations can also be performed using air, water, or alternate fluids depending on the density span desired. Slide 13 Tube Period = 10817 Density = 0.6871 g/cm3

14. Why Coriolis – Summary Multivariable Measurements – Mass Flow, Volume Flow, Density, Temperature, % Solids, Concentration – Measures liquids, Gases, and Slurries Insensitive to fluid properties – Pressure, Temperature, Density, or Viscosity – Calibration on water transfers to all other fluids including gases Easy to Install and Maintain – Measures independent of flow profile, no Straight run required – No Moving Parts – Bi-directional High Accuracy – +/- 0.05% of rate Liquid Mass Flow – +/- 0.10% of rate Liquid Volume Flow – +/- 0.35% of rate Gas Flow – +/- 0.0002 g/cc Liquid Density – High turndown, >100:1 possible – Batch accuracies to 0.10% Slide 14

15. Calibration – Micro Motion Super Service Centers only reliable facility for calibrating (or re-calibrating) meters! – Typically, customers will request factory cal for master meters or cal carts Validation – Primary flow standards such as provers, flow labs, and master meters – Required for regulatory, agency, or contractual agreements (AGA, API, OLNL, Country Specific Custody Transfer requirements ) Verification – Most customers need to verify – not validate or calibrate – Secondary comparison such as cal carts, catch & weigh, etc. – Driven by Standard Operating Procedures and Quality Assurance – Troubleshooting In-Situ Meter Verification

16. Easily Verify Meter Performance and Health “We calibrate manually by taking meters out of the process, and it is a pain. It is an all-day deal and we pay $2k to 3k per meter per year for this.” --- Oil & Gas Customer “Can I tell if my Coriolis meter has changed?” “Can I detect when the meter is being coated?” “How often do I need to recalibrate my meter?” Erosion CrackingPittingCoating Characteristics that alter meter performance

17. Using Verification in the Field Factory Calibration Customer advised “Not Okay” due to measurement change Meter Verification Process Okay Not Okay Damage Begins Erosion Cracking Pitting Coating    Trigger limits are tunable

18. Sample of Verification Report

19. Micro Motion Coriolis Flow and Density Leaders Unparalleled Value – 31 years of flow and density measurement experience – Over 600,000 installations – 1700 dedicated flow and density specialists Product Breadth – Widest range of flow and density measurement solutions Technology Leadership – Continuous innovation driven by customer needs – Committed to providing the highest performing measurement devices available

20. Questions ??? Slide 20