Baker Hughes Bank of America Merrill Lynch, November 15th, 2011 Andy ODonnell - President Western Hemisphere 2011 Baker Hughes Incorporated. All Rights Reserved.
Overview Industry Outlook Western Hemisphere Operations Key Technologies 3 2011 Baker Hughes Incorporated. All Rights Reserved.
Global Oil Supply Challenge Global Oil Supply 85 800 80 Global Crude Oil Production 700 Million Barrels/Day 75 600 Billion 70 500 65 400 60 300 55 200 Upstream Capex 50 100 '95 '95 '96 '96 '97 '98 '98…
Oil Supply Sources 100 90 80 70 60 Mb/d 50 40 30 20 10 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 Currently Producing NGL To be Developed Unconventional To be Discovered Source: EIA, 2011 Baker Hughes…
Peak Middle East Export Challenge Middle East Production, Consumption, & Net Exports 30 2000 - 2010 25.2 Millions of barrels per day 25 Prod: +1.6m 23.5 20 18.5 17.4 Net Ex: -1.2m 15 10 7.8 Cons: +2.8m 5.0 5 - 65…
The Shale Revolution 85.0 1800.0 Supply Picture 1600.0 Unconventional 80.0 gas shales driving 1400.0 production US Gas Production (BCF/Day) 75.0 1200.0 increase Fewer rigs driving US Gas Rigs 70.0 1000.0 production…
Evolving Customer Base IOC NOC Independents 88 2011 2011Baker BakerHughes HughesIncorporated. Incorporated.All AllRights RightsReserved. Reserved.
North America Operations Unconventionals Pressure Pumping Gulf of Mexico 9 2011 Baker Hughes Incorporated. All Rights Reserved.
Latin America Operations Brazil Colombia Argentina 10 2011 Baker Hughes Incorporated. All Rights Reserved.
Auto-Trak Curve High build rate, fully integrated land-based drilling system Increases drilling performance vs. conventional motor systems Eliminates orienting / sliding for steering Saves trips to change bottomhole assembly…
In-Tallic Disintegrating Balls
OptiPort Multistage Fracturing System Openhole or cemented liner Tighter spacing of fracture initiation points Full-bore access without milling Sleeves activated by coiled-tubing 2010 Baker Hughes Incorporated. All Rights…