1. PRAC Project Phase II: Sour Service Evaluation of ISO TR 10400 FAD Equation API Production Research Advisory Committee Pete Moore – API PRAC Chairman Anand Venkatesh, Peter Ellis – Program Managers Jan 23, 2012 Final Report Technical Session I – 3:45pm

2. Mini-Pipe Testing (4) Tensile NACE A DCB & HRC CTOD Characterization Testing Full Size Pipe (1) ALL TESTING IS COMPLETE FEA Report Complete Committee Report complete ALL TESTING IS COMPLETE FEA Report Complete Committee Report complete

3. API PRAC PROJECT 2006-102475 Final Report (123 pages) API PRAC PROJECT 2006-102475 Final Report (123 pages)

4. API PRAC PROJECT 2006-102475 Final Report (123 pages) API PRAC PROJECT 2006-102475 Final Report (123 pages) http://mycommittees.api.org/standards/ecs/sc5/Technical%20Papers/Forms/AllItems.aspx Will be posted soon to the API Website Will be posted soon to the API Website

5. PRAC Project Phase III: Sour Service Evaluation of ISO TR 10400 FAD Equation API Production Research Advisory Committee Pete Moore – API PRAC Chairman Anand Venkatesh – Program Manager January 23, 2012

6. PRAC III C110 Test Pipe Were Donated and Shipped to Honeywell by Tenaris Detailed Mill Test Report Documenting the Pipe Characterization Attributes

7. 7 PRAC III – Phase 3 Details Testing Details:  NACE Standard TM0177 Method A – Tensile tests complete  NACE Standard TM0177 Method D – DCB tests complete  Mini/Tiny-Pipe SSC Tests – Machining Complete – EDM Notch cutting to start in February – Testing to begin late April  Full Scale Tests with Man-made OD Surface Imperfections ID/OD and OD only or ID only H 2 S Exposure – Pressurized ID environment and OD exposure with replenishment/purging of 7% H2S in solution held in annular volume between plastic sleeve and OD of sample. – Testing to begin late 2012

8. Machining of Tiny Pipe Complete EDM Notching to start in February EDM OD Notch ~ 4 inches

9. Testing of Full Size Pipe late 2012