Raymond James 32nd Annual Institutional Investors Conference March 8, 2011 1
Helix ESG: Streamlining the Business Model Historic Profile Where We Are Strategic Vision Today Deepwater Shelf Subsea Well Contracting Contracting Intervention Well Intervention Well Well Intervention Robotics…
Services for Each Stage of the Field Life Cycle Drilling Field Development Production Decommissioning Seabed Evaluation / Pipeline, Flowline and Coiled Tubing, Wireline, Field Decommissioning Coring Umbilical Installation…
Business Segments Well Intervention Offshore Q4000 Production Facilities Seawell Helix Producer I Well Enhancer Marco Polo TLP (50%) Normand Clough (JV) Independence Hub Semi (20%) Mobile VDS/SILs Deepwater Oil & Gas…
Strategically Differentiated Fleet Helix Producer I is the only DP FPU in the Gulf of Mexico Q4000 is the worlds only category B semisubmersible intervention vessel Saturation diving deployed globally (Seawell, Well Enhancer,…
Well Intervention Assets MSV DP2 Seawell MSV DP2 Normand Clough MSV DP3 Well Enhancer MODU DP3 Q4000 Helix provides well operation and decommissioning services with the flagship Q4000 semisubmersible, the Seawell riserless…
Production Facilities Independence Hub Semi (20%) Location: Mississippi Canyon 920 Depth: 8,000 ft. Production capacity: 1,000 MMCFD Marco Polo TLP (50%) Location: Green Canyon 608 Depth: 4,300 ft. Production capacity: 120,000…
Robotics The Helix ROV fleet consists The 600 hp Supertrencher II The state of the art I-Trencher of 40+ vehicles, covering the system is designed to system trenches, lays pipe up spectrum of deepwater operate at water depths in to…
Subsea Construction Vessels DP S-Lay Vessel Caesar Caesars onboard pipe welding and testing capability allows the vessel to lay virtually unlimited lengths of pipe up to 36 in diameter. DP Reel Lay Vessel Intrepid Intrepid…
Helix Fast Response System (HFRS) Utilizes vessels and subsea systems proven in Macondo spill response Interim system is ready for deployment Enhanced system will capture and process up to 55,000 bpd in water depths to 8,000…
Helix Oil and Gas 12/31/2010 Reserve Profile 376 Bcfe 55% D Deepwater t GOM 40% proved developed 40% Oil PV 10 1 PV-10 1.3 3 billion Production Profile February production of 162 mmcfe/d* 63% of production is oil 68% of…
Oil & Gas Reserve Report Highlights At December 31, 31 2010 Proved Developed Proved Undeveloped Total Total Reserves 146 230 376 (Bcfe) Shelf 87 79 166 Deepwater 59 151 210 Oil 12 13 25 ((mmbbls)) Gas 76 151 227 (Bcf)…
Debt Maturities Credit Facilities Facilities, Commitments and Amortization November 2012: 435 Million Revolving Credit Facility UNDRAWN. Facility extended to November 2012. In July 2011, facility adjusts to 410 million. 39 million of…
Debt Maturities (continued) Credit Facilities Facilities, Commitments and Amortization January 2016: 550 Million High Yield Notes Interest only until maturity (January 2016) or called by Helix. First Helix call date is January 2012.…
2011 Outlook 18
2011 Outlook Broad Metrics 2011 Forecast 2010 Actual Oil and Gas 49 Bcfe 47 Bcfe Production EBITDAX 475 million 430 million CAPEX 225 million 179 million Commodity 2011 Forecast 2010 Actual P i Deck Price D k Oil 87.11…
2011 Outlook Contracting Services o Strong backlog for the Q4000, Well Enhancer and Seawell in 2011 o Reduced visibility for Robotics utilization in first half of 2011 o Current regulatory environment in the GOM limits short-term…
2011 Outlook Capital Expenditures o Contracting Services (65 million) No major vessel projects or dry docks planned for 2011 Completion of HFRS upgrades in Q1 Incremental investment in Robotics business Additi Additional l…
Summary of Hedging Positions * Total Volume Swap Oil ((Bbls)) Swaps p Hedged g Pricing g 2011 2,405,000 2,405,000 81.35 Natural Gas (mcf) 2011 11,095,000 11 095 000 11,095,000 11 095 000 5.00 5 00 2012 3,000,000…
Loading...
