Superior Energy Services Johnson Rice Energy Conference October 4, 2011
Company Overview
Rationale for Superior Diversified family of products More than 30 products and services serving the drilling, completion, production and decommissioning needs of the oil and gas industry Globally focused and not market share…
Diversified Exposure Across the Lifecycle of a Well Upstream Process Business Segment Significant Products & Find Hydrocarbons Services Drilling Products and Services Premium Drill Pipe Mobilize Drill Rig 2010 Revenue: 474.7 Labor…
Revenue Exposure by Geographic Market Trailing Twelve Months ended June 30, 2011 Segment revenue by major geographic location as a percentage of total revenue ( in millions) Gulf of Mexico U.S. Land International Subsea and…
Strategic Overview
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…
Strategy Execution: Domestic Land Markets Total and Horizontal Rig Counts Leverage to wellbore 200 (Indexed at 100 with actual rig counts noted) 1,154 geometry 150 638 Horizontal Rig Count 100 Oil price is driving activity…
Strategy Execution: International Markets slowly recovering from 2008 financial crisis China/India/Brazil AND U.S. International Revenue Since 2003 economic growth expectations 500 465.3 drive oil prices International natural gas…
Technology: Sand Control Completion Tools Packers, screens and filters used in offshore completions State-of-the-art manufacturing facility High technology, high profile product line Secured first international tenders…
Innovation: Subsea Well Containment A global solution for subsea well containment requirements Single containment system, rather than multiple resources and components System includes subsea capping 25 ft. stack, debris…
Strategy Execution: Gulf of Mexico Upside to rig count recovery in deep water Monthly Deep water Permits to Drill New Wells1 Drilling products 14 Oil Spill Moratorium Lifted Completion tools 12 3-year pre-spill average: 7/mo.…
2011 Capital Expenditures: Up to 500 million Capital Expenditures by Segment 300 285 Supports strategy 200 190 8 coiled tubing units 100 800,000+ feet of drill pipe 14 5 Compact Semi Submersible 0 Subsea and Drilling…
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…