h s removal technology “valkyrie™ – the next generation redox”

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Streamline Innovations, Inc; All Rights Reserved (2019) Information contained herein is strictly confidential. It is intended for use only by the recipient, then only to the extent necessary to consider a business relationship with Streamline Innovations, Inc., and for no other purpose. The recipient is notified that dissemination, distribution, reproduction, or use in whole or in part, is prohibited without the prior written consent of Streamline Innovations, Inc. “Valkyrie™ – The Next Generation REDOX” H 2 S Removal Technology 1

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Streamline Innovations, Inc; All Rights Reserved (2019)

Information contained herein is strictly confidential. It is intended for use only by the recipient, then only to the extent necessary to consider a business relationship with Streamline Innovations, Inc., and for no other purpose. The recipient is notified that dissemination,

distribution, reproduction, or use in whole or in part, is prohibited without the prior written consent of Streamline Innovations, Inc.

“Valkyrie™ – The Next Generation REDOX” H2S Removal Technology

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Streamline Innovations, Inc; All Rights Reserved (2019)

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Streamline Innovations, Inc; All Rights Reserved (2019)

Treatment Options for Treating H2S

Sour Gas Wellor

Bio Gas Treat

Treat at Wellhead

Treat at Gathering Facility

Valkyrie™ Direct Treat Skid Unit

Scavenger Unit

Amine Plant

Traditional Redox Plant

Valkyrie™ Direct Treat Plant

Acid-Gas Injection Well

Flare

Acid Gas(Secondary) Treatment

Primary Treatment

No Treat

SRU (Claus Plant)

P&A

FlareSell Sour

Dilute

TGTU

Valkyrie™ Tail Gas Unit

Flare

Claus Tail-Gas (Tertiary) Treatment

SuperValkyrie™ High PSI Treating

Valkyrie™ Acid Gas Unit

The ValkyrieTM Process can be used to treat directly or as an acid gas/tail gas treater

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UPSTREAM MIDSTREAM DOWNSTREAM

Streamline Innovations, Inc; All Rights Reserved (2019)

H2S Removal Technology Operating Range

0.1 1.0 10 100 100010 ppm

100 ppm

1000 ppm

1%

10%

100%

Scavenger

Valkyrie REDOX

SuperValkyrieAmine + REDOX

Amine + Claus

Gas Flow Rate (MMSCF/d)

H2S

Con

cent

ratio

n (P

PM)

Amine + Flare

40 LTPD Sulfur

0.2 LTPD Sulfur

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Streamline Innovations, Inc; All Rights Reserved (2019)

OPEX

CA

PE

X

$100k

$1MM

$10 MM

$100 MM

$0.01 $0.10 $1.00 $10

Claus Plant

Scavenger

Amine Unit + AGI

REDOX Process

Technologies - OPEX vs CAPEX5

Streamline Innovations, Inc; All Rights Reserved (2019)

“Next Generation REDOX”Streamline - How we are different?

• Robust Chelant Formulation - Low Degradation Rate

• Custom Surfactant blend - control foaming and sulfur quality

• Advanced Control Technology

• Fee for Service - Turnkey Business Model

Streamline Innovations, Inc; All Rights Reserved (2020)

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Streamline Innovations, Inc; All Rights Reserved (2019)

ValkyrieTM H2S Treatment Process7

Streamline Innovations, Inc; All Rights Reserved (2019)

SuperValkyrie™ Process 8

Streamline Innovations, Inc; All Rights Reserved (2019)

Valkyrie™ Treatment Sequence - Step 1 REDuction

Streamline Chemical, LLC; All Rights Reserved (2019)

H2S↑ + 2FeIII+ → 2H+ + S↓ + 2FeII+

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Streamline Innovations, Inc; All Rights Reserved (2019)

Valkyrie™ Treatment Sequence - Step 2 OXidation

Streamline Chemical, LLC; All Rights Reserved (2019)

½O2↑ + H+ + 2FeII+ → OH– + 2FeIII+

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Streamline Innovations, Inc; All Rights Reserved (2019)

Valkyrie™ Treatment Sequence - Overall Reaction REDOX

H2S↑ + ½ O2↑ → H2O + S↓

H2S↑ + 2FeIII+ → 2H+ + S↓ + 2FeII+

½O2↑ + H+ + 2FeII+ → OH– + 2FeIII+

S H

H

Hydrogen Sulfide

O O

Oxygen (air)

S

SS S

SS

S

S

Elemental Sulfur

O

HH

Water

RED

OX

REDOX

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Streamline Innovations, Inc; All Rights Reserved (2019)

Valkyrie™ - High Quality Sulfur

Streamline Chemical, LLC; All Rights Reserved (2019)

Elemental Sulfur From a Claus Plant is

crystalline

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Elemental Sulfur From Valkyrie Process is

amorphous

Streamline Innovations, Inc; All Rights Reserved (2019)

Valkyrie™ - Sulfur Management

Streamline Chemical, LLC; All Rights Reserved (2019)

Elemental Sulfur is filtered and water washed by an automated filter press and dumped in a

roll-off box, hauled to landfill or reused for agricultural soil amendment.

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Streamline Innovations, Inc; All Rights Reserved (2019)

CASE #1 Gen 2.0 - Well Pad Treating 0.75 LTPD

ValkyrieTM Case Studies

Design Basis:● 3 sites ● Total of 13 MMSCF/d of sour gas● Avg 1370 ppmv H2S - 5,000 ppm Peak

Goal: Replace triazine units Result: ● Reduction in LOE in treating costs from

$105,000 to $60,000 per month (43%)● 98% uptime with no lost time or HSE

incidents

Streamline Chemical, LLC; All Rights Reserved (2019)

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Streamline Innovations, Inc; All Rights Reserved (2019)

CASE #2 Central Production Facility Plant 15.0 LTPD

ValkyrieTM Case Studies

Design Basis:● 25 MMSCF/d of sour gas● 16,000 ppmv H2S

Goal: ● Replace costly Triazine Units ● Prevent AGI from becoming

necessaryResult: ● PFD to Startup in 29 Weeks!● Operator found H2S Levels rise to

30,000 ppm and higher● Upgraded to 18.5 LTPD● 98% uptime ● Saved $4M / month opex

Streamline Chemical, LLC; All Rights Reserved (2019)

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Streamline Innovations, Inc; All Rights Reserved (2019)

ValkyrieTM Case Studies

Design Basis:● 15 MMSCF/d of sour gas● 25,000 ppmv H2S

Goal: Prevent AGI from becoming necessaryResult: ● Unit was redeployed to a different client● Original design was greenfield,

relocated to crowded brownfield location

● Entire system set in 5 days (after groundwork)

● Field Install to startup in 9 weeks!

Streamline Chemical, LLC; All Rights Reserved (2019)

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CASE #3 Central Production Facility Plant Expansion (Modular) 14.0 LTPD

Streamline Innovations, Inc; All Rights Reserved (2019)

ValkyrieTM Case Studies

Design Basis:● 7 MMSCF/d of sour gas● 5,000 ppmv H2S

Goal: ● Replace Triazine and Fixed Iron Bed

Scavenger● Eliminate flaring/SO2 Emissions

Result: ● 4 Units deployed to different clients● Quick Install and Startup ● Highly Efficient Operations

Streamline Chemical, LLC; All Rights Reserved (2019)

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CASE #4 Gen 2.5 Well Pad Treating (Fully Modular Skid).5 to 1.0 LTPD

Streamline Innovations, Inc; All Rights Reserved (2019)

ValkyrieTM Case Studies

Streamline Chemical, LLC; All Rights Reserved (2019)

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CASE #5 SuperValkyrieTM - Amine + Acid Gas Treatment1.1 LTPD (3 units)

Design Basis:● 60 MMSCF/d of sour gas● 500 ppmv H2S● Smart Amine Plant Integrated

with Valkyrie Acid Gas Treater● 170 ft x 70 ft Footprint

Goal: ● Replace Triazine and Eliminate

Flaring/SO2 Emissions

Result: ● Integrated Smart Amine + Acid

Gas Treater● 3 Units Online in May, 2020

Streamline Innovations, Inc; All Rights Reserved (2019)

Valkyrie™ Mobile Control

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Streamline Innovations, Inc; All Rights Reserved (2019)

Valkyrie™ Automation

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Streamline Innovations, Inc; All Rights Reserved (2019)

Chemical Benefits● Non-Hazardous, Patented, Biodegradable

Regenerative Chemistry● Highly Resistant to Degradation● Rapid Reaction Speed (Minimal NTU’s Required)● Virtually No Thiosulfate Formation● Removes Oxygen in Gas Stream

Operational Benefits● Higher Quality Wettable, Marketable Sulfur● No Melting Requirements, Sulfur Removed as Cake● Minimal Operating Requirements (managed by PLC)● Full Turnkey Operations by Streamline

Valkyrie™ Differentiators“Next Generation REDOX”

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Streamline Innovations, Inc; All Rights Reserved (2019)

Questions?

Streamline Innovations, Inc; All Rights Reserved (2020)

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