PCP v. SRP Case Studies Case 1 Well Conditions • 2500ft • 1750 bpd CAPITAL COST PCP Equipment Case 2 Well Conditions • 6000ft • 300 bpd • 90% water cut • 175 bpd oil @ $65/bbl SRP SAVINGS • 42% water cut • 175 bpd oil @ $65/bbl CAPITAL COST Equipment PCP SRP 23K2400 320-256-120 SAVINGS 175K1000 912-365-192 Capital Investment $60,000.00 $124,000.00 $64,000.00 Capital Investment $40,000.00 $53,000.00 $13,000.00 Installation Costs $11,375.00 $34,125.00 $22,750.00 Installation Costs $11,375.00 $22,750.00 $11,375.00 Total: $86,750.00 Total: $24,375.00 $43,362.00 $56,370.00 $13,008.00 $13,907.00 $18,079.00 $4,172.00 $0.00 $1,896.00 $1,896.00 $0.00 $1,896.00 $1,896.00 $614.00 $3,148.00 $2,534.00 $614.00 $1,424.00 $810.00 Description Description OPERATION COST OPERATION COST Power Consumption Gas Locking Preventative Maintenance Power Consumption Gas Locking Preventative Maintenance Yearly Total: $17,438.00 Yearly Total: $6,878.00 Total Savings After 1 Year Operation: $104,188.00 Total Savings After 1 Year Operation: $31,253.00 In a 10 year life cycle of the well. Assuming no equipment changes. Total Savings: COMMENTS Capital Investment Installation Costs In a 10 year life cycle of the well. Assuming no equipment changes. $261,130.00 Total Savings: PCP SRP $93,155.00 SAVINGS Includes the Drivehead, Motor, VFD, & Pump. Excludes Rods & Includes the Pump Jack, pad, piles, and downhole pump. Excludes rods Tubing. & tubing. Case 1 - Average Case 2 - Average Installation time of PCP system is 1 day. The cost of lost installation time is 3 days installation time is 2 days production at the volume and $65/bbl is $11,375 per day. (1 day pad piles, 1 day jack install, (2 day jack & pump install) 1-2 Days 1 day pump install) Power Consumption Case 1 - Annual power Case 2 - Annual power Case 1 - Annual power Case 2 - Annual power consumption: 481,800 kWh consumption: 154,500 kWh consumption: 626,340 kWh consumption: 200,800 kWh Case 1 - 144,540 kWh @$0.09/kWh. Assuming 100% @$0.09/kWh. Assuming @$0.09/kWh. Assuming 100% @$0.09/kWh. Assuming 100% Case 2 - 46,300 kwh uptime of equipment. 100% uptime of equipment. uptime of equipment. uptime of equipment. 2x/year @ 2hr each. The amount of time it will take to put Gas Locking 0 hrs. The PCP will not gas lock as the gas is free to pass through the well on tap, remove all gas built up in the pump, and take the pump. well off tap. Cost of lost production is $474/hour of downtime. 4 hours per year (* A well with excessive gas will need more.) Oil change & grease Oil change & grease Case 1 - 2 hrs labour including Case 2 - 1 hr labour including a a VAC truck, $200/hr, $948 lost VAC truck, $200/hr, $474 lost production. production. 1.5 gallons of oil@ $10/gallon* Case 1 - 180 gallons of oil @ $10/ Case 2 - 750 gallons of oil @ $10/ Case 1 - 178.5 gallons *Prices of oil may vary gallon. gallon. Case 2 - 73.5 gallons 3’w x 5’l x 5’h 3'w x 5'l x 5'h - Case 1 7’w x 30’l x 23’h - Case 2 Up to 195 sq/ft 1 hr labor*, $125/hr, $474 lost production Preventative Maintenance Foot Print * Labor rates vary 1 hour Contact your local KUDU representative or visit our website to find a distributor near you. All information is considered accurate and up to date at time of printing. KUDU reserves the right to amend the contents of this document at any time. KUDU does not warranty manufacturers claims. KUDU Head Office & Manufacturing Discover how to pump up your production. Go to kudupump.com and learn about making PC Pumps the right choice for your well. 9112 – 40th Street SE KUDU United States Calgary, AB Canada T2C 2P3 Email: usa@kudupump.com Tel: +1 403 279 5838