Barclays Energy & Power Conference CEO Per Wullf September 2014
Snapshot of Operations to Date 51 of Rigs in Five Regions 18 of Newbuilds Under Construction 94.7% Year to Date Technical Utilization 65 Year to date TRI total number of recordable injuries 3
Robust Backlog & High Quality Customers Seadrill Group Current Backlog Seabras Sapura Participacoes US23.3 billion 7,000 6,000 5.6 4.7 5,000 4.1 US Millions 4,000 3.2 2.9 3,000 50% of US3.8 billion 2,000 1.4…
Record Breaking Earnings Quarterly EBITDA (proforma consolidated) 865 900 Seadrill Group generates consolidated 800 768 788 713 EBITDA of US865 million for the second 700 665 663 634 612 604 quarter 2014 600 573 579 575 595…
Second Quarter Highlights Seadrill secures a 5 year contract for the West Jupiter in Nigeria with a total revenue potential for the of approximately US1.1 billion. Seadrill secures contracts for the jack-up units West Tucana, West…
Third Quarter to Date Highlights Seadrill secures a 2 year contract with ExxonMobil for the West Saturn in Nigeria with total revenue potential for of approximately US497 million Seadrill sells an additional 28% interest in Seadrill…
Remember What They Said. Where did we go from there 9
Evolution of Seadrill 80 67 69 60 70 60 61 56 50 60 40 41 Share price (US) 50 43 Number of units 37 40 32 30 30 20 20 10 10 5 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Number of units SDRL…
Robust Long Term Industry Fundamentals World oil demand and oil price(1) by scenario Tight supplydemand balance going forward 2012 2020 2035 110 New policy 100 Oil demand: 100 27 mbbl/d 450 Current policies 80 needed scenario…
Recent Discoveries to Become Produced Volumes Discovered resources 1980 to 2013 160,000 120,000 (millions boe) 80,000 40,000 - 1980 1985 1990 1995 2000 2005 2013 Shelf Deep/Mid Water Ultra deepwater Resources…
Floaters US17.4 Billion Contract Backlog 2014 2015 2016 2017 Unit Customer 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q West Tellus Chevron 635 West Carina - Newbuild West Draco - Newbuild West Dorado - Newbuild West Aquila -…
Strongest Fleet Profile in the Industry Floater Age Free and Clear Floater Availability Until End of 2016 80 100% 80 100% 70 70 81% 79% 80% 80% 60 74% 60 64% 63% 62% 50 63% 60% 50 60% 40 40 42 40% 38% 30 40%…
Preferential Demand for Newer Rigs Industry trends Contract Backlog UDW & DW Challenges of remote drilling sites 14,000 12,000 Drilling deeper wells with longer offsets 10,000 Backlog months Greater drilling efficiency to…
Jack-ups - US5.5 Billion Contract Backlog 2014 2015 2016 Unit Customer 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q HE Jack-ups Contracted West Epsilon Statoil US289,000 West Elara Statoil US365,000 03.2017 Uncontracted West Linus…
Jack-Up Market Fundamentals Jack-up Fleet Age Jack-up Delivery Schedule 250 70 60 200 50 150 40 Years 100 30 20 50 10 0 30 years 20 and 30 10 and 20 5 and 10 < 5 years 0 years years years 2014 2015 2016 2017…
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