The Well Commander [Enter target audience] [Enter you name, position]

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander

Mitigate drilling hazards with the industrys most versatile drilling valve.

Spot pills and increase circulation exactly where you want, with no impact on the BH , logging tools or the !it""..
CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander Features

Run in Directional Drilling Assem l! a o"e tur ine#mu$ motor or ot%er &'A com(onents )enerous *lo+-t%roug% area "ia multi(le (orts &all catc%er %as a ,- or ,. all ca(acit! /0 or 9 com(lete c!cles1 2atente$ &all 3eat Tec%nolog! utili4es t%e same-si4e all o(ens an$ closes t%e (orts to sim(li*! o(erating (roce$ures A"aila le in 567 06 .-,#-6 8 9-,#26 OD +9 "ariet! o* connections inc9 stan$ar$ 8 (remium No internal tool connections Tool acti"ation mec%anism loc:s into o(en or close$ (osition Tool acti"ation mec%anism isolate$ *rom circulating *lui$s &all catc%er (ermits smaller all an$#or limite$ +ireline access elo+ tool O(tional s%ut-o** all (re"ents coarse LCM *rom entering sensiti"e ottom %ole com(onents

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander Benefits

Eas! s(otting o* LCM or ;3M +%ile $rilling Cuttings- e$s remo"al7 en%ance$ %ole cleaning an$ e**icient *lui$ $is(lacement ! oosting annular "elocities in con<unction +it% (i(e rotation ;ill not *unction (rematurel! *rom %ig% circulation or tri((ing rates 3a"es tri((ing time= multi(le tri(s +it%out re$ressing t%e tool 3im(li*ies re"erse circulation t%roug% t%e tool &oosts annular "elocities a o"e an un$er-reamer *or en%ance$ %ole cleaning Ele"ates circulation rates +it% minimal (ressure $ro( Functions in +ater or in"ert-emulsion $rilling *lui$s as +ell as clear rines 2ro"i$es <etting *unctionalit! in t%e &O2 2ermits running ot%er all-acti"ate$ tools elo+ 2ermits limite$ +ire-line access *or *ree-(oint in$icators or ot%er elements 2romotes *illing or $raining t%e +or:-string +%ile tri((ing

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander Function

Acti"ation all is (um(e$ $o+n an$ lan$s on all seat 2ressure is a((lie$ +%ic% com(resses t%e internal s(ring an$ in$e>es t%e tool

Features M-I SWACO patented Ball Seat Technology

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander Function

Acti"ation all is (um(e$ $o+n an$ lan$s on all seat 2ressure is a((lie$ +%ic% com(resses t%e internal s(ring an$ in$e>es t%e tool T%e all seat $e*orms an$ t%e all is e<ecte$ into t%e &!(ass &all Catc%er T%e circulation (orts are no+ o(en to t%e annulus allo+ing increase$ circulation

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander Function

Acti"ation all is (um(e$ $o+n an$ lan$s on all seat 2ressure is a((lie$ +%ic% com(resses t%e internal s(ring an$ in$e>es t%e tool T%e all seat $e*orms an$ t%e all is e<ecte$ into t%e &!(ass &all Catc%er T%e circulation (orts are no+ o(en to t%e annulus allo+ing increase$ circulation T%e &'A 3%ut-O** &all can e $ro((e$ i* re?uire$ to isolate t%e lo+er &'A

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander Function

Acti"ation all is (um(e$ $o+n an$ lan$s on all seat 2ressure is a((lie$ +%ic% com(resses t%e internal s(ring an$ in$e>es t%e tool T%e all seat $e*orms an$ t%e all is e<ecte$ into t%e &!(ass &all Catc%er T%e circulation (orts are no+ o(en to t%e annulus allo+ing increase$ circulation T%e &'A 3%ut-O** &all can e $ro((e$ i* re?uire$ to isolate t%e lo+er &'A To resume $rilling to Acti"ation all is (um(e$ to t%e tool an$ (ressure a((lie$ As t%e Acti"ation &all s%ears t%roug% t%e tool it clears t%e &'A 3%ut-O** all

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Advanced Ball Catcher Function

T%e &!(ass &all Catc%er collects t%e Acti"ation an$ &'A 3%ut-O** &alls

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Advanced Ball Catcher Function

T%e &!(ass &all Catc%er collects t%e Acti"ation an$ &'A 3%ut-O** &alls A smaller all is $ro((e$ to acti"ate anot%er &'A com(onent /un$er-reamer1 T%e all (asses t%roug% t%e &all 3eats +it%out e**ect

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Advanced Ball Catcher Function

T%e &!(ass &all Catc%er collects t%e Acti"ation an$ &'A 3%ut-O** &alls A smaller all is $ro((e$ to acti"ate anot%er &'A com(onent /un$er-reamer1 T%e all (asses t%roug% t%e &all 3eats +it%out e**ect T%e all (asses t%roug% t%e &!(ass &all Catc%er to acti"ate t%e lo+er &'A com(onent Restricte$ access +it% slic:-line tools is also (ossi le +it% alls in t%e catc%er

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander - Animation

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander - ey !esign Features

3%ort one (iece man$rel +it% no internal connections 3eals remain stationar! an$ (ort sli$es (ast slee"es *or increase$ relia ilit! Rotational motion o* acti"ation slee"e re$uce$ internal *riction Disc s(rings (ro"i$e %ig% com(ressi"e strengt% Tool internals are oil *ille$ in +or:s%o( Floating 2iston e?uali4e$ tool internal (ressure to ensure no ingress o* $rilling mu$ an$ soli$s Floating 2iston $esign (re"ents (ossi ilit! o* %!$raulic loc:ing E>it (ort $esign re$uce$ erosion (otential -@@0A material ensures tools %ig% strengt% con*irme$ ! Finite Element Anal!sis

,@
CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Well Commander - Technical !ata

Well Commander +aterial ,! +in -! .o/er 0all seat .ength 1inc2 Ball Catcher3 4um0er 5 !iameter of circulating ports Total circulating area through ports 1TFA3 "i#e $%& -@@0A 99506 27-06 ,.92C 5 B9-@ s?9in9 "i#e '(& -@@0A .9256 29-06 ,.9,C 5 B9-@ s?9in9 "i#e )& -@@0A 09006 ,99.56 ,@90C 5 > ,9@56 @99@ s?9in "i#e *& -@@0A 59006 ,9B,06 ,,9.C 5 > ,9,06 29-. s?9in9

+a6 circ rates 1closed7open3 ,pening7closing pressure 187-9:;3 Cycles 10all capacity of catcher3 ,2!2 ,pening 7 Closing Ball ,2!2 B<A "hut-off Ball Connection, =p 1standard tool3 0 /,-1 295006 29-@06 0-5#.6 RE) &o> 0 /,-1 295006 29-@06 B-5#.6 RE) &o>

.-0#,050 g(m 27000 (si 0 /,-1 29,256 290B@6 - D6 IF &o>

B02#.-0g(m 27000 (si 0 /,-1 ,90B06 ,9B9.6 @ D6 IF &o>

Connection, !o/n

0-5#.6 RE) 2in

B-5#.6 RE) 2in

- D6 IF 2in

@ D6 IF 2in

,-

CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

Case <istories > !ec 9::$

Total runs to date -+a6 cycles on one tool ,- total7 2. allsE multi(le tri(s +a6 deviation at tool 90F +a6 0ottom-hole temperature 2,2F F /,00F C1 +a6 l0s7gal ,B+ ,@9.. l #gal /,9B0 sg1 +a6 l0s7gal WB+
,5 CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

,@9.5 l #gal /,9BB sg1

Well Commander "ummary

APPLICATIONS E>ten$e$-reac% $rilling7 s(otting Lost-Circulation Material /LCM1 or :ill-+eig%t *lui$7 un$er-reaming7 un$er alance$ an$ manage$-(ressure $rilling7 con$itioning or $is(lacing at %ig% *lo+ rates PROBLEMS Restricti"e &'As can limit *lo+ rate an$ annular "elocit! (re"enting e**ecti"e %ole cleaning +%ile $rilling or $is(lacing +ell ore *lui$s9 T%ese &'As can also limit t%e si4e an$ concentration o* LCM or ;ell ore-3trengt%ening Material /;3M1 t%at can e (lace$ in trou lesome 4ones SOLUTIONS T%e ;ell Comman$er mitigates $rilling %a4ar$s ! (ro"i$ing large !(ass *lo+ area an$ u( to se"en o(en-an$-close c!cles in one tri(9 ECONOMICS T%e %ig% *lo+ rates re$uce circulating time sa"ing mone! +%en in s(otting e**ecti"e LCM#;3M treatments or :ill-+eig%t *lui$s an$ $uring $is(lacements9 'ig% *lo+ rates assist remo"al o* cuttings e$s (re"enting (ac:o**s in e>ten$e$-reac% +ells9 ENVIRONMENTAL
CONFIDENTIAL INFORMATION 2009 M-I L.L.C.

;or:-strings can e $raine$ or *ille$ $uring tri((ing ! !(assing &'A9 3lugs can +or: at an! angle

?uestions@

,0
CONFIDENTIAL INFORMATION 2009 M-I L.L.C.