Superior Energy Services Citi 7th Annual U U.S. S Small/Mid Cap Conference November 16, 2010
Rationale for Superior Diversified family of products and services More than 30 products and services serving the drilling, completion, production and d decommissioning i i i g needs d off the th oilil and d gas g industry i d…
Diversified exposure across the lifecycle of a well (by product/service line) Upstream Process Superior Energy Services: Family of Products and Services Find Hydrocarbons Mobilize Drill Rig Accommodations Drill Well Downhole…
Revenue Exposure by Geographic Market Trailing Twelve Months ended September 30, 2010 Segment revenue by major geographic location as a percentage of total revenue ( in millions) Domestic Gulf of Mexico International Land…
Strategy Based on Geographic Diversification Gulf of Mexico Domestic Land International Where we were (pre 2003) Where we are today Where we are going Special Special Projects Projects Gulf of Mexico based Broad…
Diversification Presents Opportunities to Gain Global Market Share Global Opportunity in Larger Product/Service Markets Est. Market Size ( in billions) Downhole Tool Rentals1 5.4 Wireline Logging 9.7 p Completion Equipment q…
Strategy Execution: Domestic Land Markets Penetrate underserved 1,000 Horizontal rig count since 2005 markets 800 55% of rig count Leverage Warrior brand 600 name for expansion of 400 coiled tubing franchise 200 Reposition…
Strategy Execution: International Geomarket approach International Revenue Since 2003 Maximize opportunities 350 316.7 323.2 through diversified product 298.8 300 offering 250 200 169.2 Compete in higher 150 technology…
Target International Markets 9
Technology: Sand Control Completion Tools Packers, screens and filters used in offshore completions State-of-the-art manufacturing facility in Houston High technology, high profile product line Integrate with international…
Stacked Sand Control Completions DEPTH FEET TVD FEET . BEST.GR_4 RDEEP_1 0 GAPI 120 0.2 OHMM 20 Typical Log Section 24500 Zone 1 23500 25000 Current completion technology 24000 25500 Perforate each zone Sand control…
Lower Tertiary Completions Similar Reservoir characteristics Very deepwater +3,000 feet Subsea completions Very deep wells +25,000 feet Expensive to drill and complete High rate completions required for economics Reliability is…
Multi-Zone Single Trip (MST) Experience June 2004 First field trial well BP April 2007 First commercial installation CNOOC Offshore Indonesia - 2 zones July 2007 First Gulf of Mexico installation Chevron - 2 zones Aug 2008 First…
Technology: Subsea Light Well Intervention Cumulative Subsea Completions (1994-2015E) Global stock of subsea completions 6,000 Africa expected to increase 59% by 2015 5,000 Asia Pacific Eastern Europe & FSU Latin L i America A i…
Strategy Execution: Gulf of Mexico Shallow water Additional emphasis on P&A and decommissioning activity improves visibility and consistency for end-of- life services Updated Department of Interior guidelines indicate 3,500 wells…
Conservative Approach to Financing Growth Fund organic growth 9/30/2010 Cash and Equivalents 47 th through h operating ti cashh flows 400 million Revolving Credit Facility (due 2014) 193 6.875% Senior Notes1 (due 2014) 300 1.5%…
Investment Highlights Small-cap in size with the product/service diversity and profile of a large- cap service company Small share of large, fragmented global markets provides growth potential Geographic growth strategy in place…
EBITDA reconciliation for trailing 12 months ended September 30, 2010 Earnings before interest, taxes, depreciation, amortization and other gains and losses (EBITDA) is a non-GAAP financial measurement. We use EBITDA because we believe…
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