NOV Rig Systems and Aftermarket Building Leadership the NOV Way Aftermarket global Value to Customers infrastructure Expansion of manufacturing Coalescing drilling packages LAND OFFSHORE AFTERMARKET Acquisitions of…
NOV Rig Aftermarket Capital Equipment Installed Base Expectations from 12/31/2013 through 2019 KEY ASSUMPTIONS MUDPUMPS TOP DRIVES AC DRAWWORKS 6,050 2,940 550 GROWING INSTALLED BASE 200% GROWTH IN NUMBER OF SPS IRON…
Global Family 20,000 30+ OUR PEOPLE NATIONALITIES MANTRA PURPOSEFUL INNOVATION 13 test bays (PCG) 3,220 engineers University relationships Test rig 2014 NOV NOV Rig Systems & Aftermarket 13 2014 NOV NOV Rig Systems &…
Purposeful Innovation Rig Construction - 10M Saved in Each Phase SERVICE ABOVE ALL PHASE I PHASE II 45 DAYS SAVED 45 DAYS SAVED 2014 NOV NOV Rig Systems & Aftermarket 17 2014 NOV NOV Rig Systems & Aftermarket 18 Service…
Drilling Rig Supply Chain CONSISTENTLY Vertical Integration Vertical Integration ON TIME, ON BUDGET (slide 1 here) 226 offshore rigs delivered 2005 to today, 2015 will be biggest delivery year yet 2014 NOV NOV Rig Systems &…
Land Rig Outlook AC technology UNCONVENTIONAL wells LAND RIG ADDITIONS INDUSTRY-WIDE NEWBUILDS PROJECTED NEWBUILDS PAD drilling Increased rig CAPACITY AUTOMATION 1,574 2010 - 2014 1,646 2015 - 2019 INTERNATIONAL growth…
Jackup Outlook OFFSHORE JACKUP NEAR-TERM industry concerns on Chinese speculative builds MARKET ADDITIONS INDUSTRY-WIDE PAST FUTURE NATIONAL OIL COMPANY requirements Harsh ENVIRONMENT needs Fleet RENEWAL continues at slower pace 195…
Drillship of the Future OFFSHORE FLOATER MARKET ADDITIONS INDUSTRY-WIDE PAST FUTURE 1372005 - 2014 207 2015 - 2024 Source: IHS, NOV 2014 NOV NOV Rig Systems & Aftermarket 34 2014 NOV NOV Rig Systems & Aftermarket 35…
NOV Rig Systems Expectations from 12/31/2013 through 2019 KEY ASSUMPTIONS CONTINUED NOV Rig Aftermarket BUILD-OUT OF HIGH-SPEC LAND RIGS Market View RESUMPTION OF FLOATER AND JACKUP ORDERS IN 16 MARGIN BENEFIT FROM…
Special Periodic Survey (SPS) SPS Recertification Projects What is an SPS…