Baker Hughes Martin Craighead President and CEO Howard Weil Energy Conference March 27, 2012 1 2012 Baker Hughes Incorporated. All Rights Reserved.
Introduction Challenges in recent Q1 outlook Action Focused management Enhancing supply chain Lowering costs Improving asset utilization Long term, confident the North America Pressure Pumping business is strong 3 2012…
Impact to Q1 2012 Outlook Market Forces in Pressure Pumping BHI Issues in Pressure Pumping Rapid rig transition from Higher personnel costs gas to oil Higher logistics costs Increase in pressure pumping capacity Lower fleet…
Enhancing Pressure Pumping Efficiency Lower Raw Lower Freight Utilization Progress Initiative Timing Material Costs Costs Enhancement to Date Increase Sand Supply H2 2012 G Streamline Guar Supply H2 2012 Y Increase Acid Supply H2…
Efficiency Example: Raw Material Transport Transport challenges Current Delivered Sand Cost Limited capacity to transport sand into tight basins Sand offload rates and storage Trucking and rail logistics Several initiatives to…
North America Long-Term Outlook Key Market Drivers Meaningful growth for oil and liquids directed activity Gulf of Mexico activity increasing Strong demand for completion technology, services 7 2012 Baker Hughes Incorporated.…
International Market Long-Term Outlook Key Market Drivers Service intensity increasing Deepwater growth Return to brownfields Unconventional opportunities 8 2012 Baker Hughes Incorporated. All Rights Reserved.
Strengthening Our Portfolio New North Sea Stimulation Vessel Leader in High Pressure / High Temperature Real Time Casing Monitoring using Fiber Optics 9 2012 Baker Hughes Incorporated. All Rights Reserved.
Anticipating our Customers Needs New Product Innovations Reservoir Characterization: Global Network of Technology Centers Shale Engineering Focus on International Challenges 10 2011 Baker Hughes Incorporated. All Rights Reserved.
Baker Hughes The End 11 2012 Baker Hughes Incorporated. All Rights Reserved.