Skip to main content Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited Investor Presentation | Shale Experts
Loading...
Pm

Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited

Schlumberger Limited · Mar 21, 2016 · 20 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 1
    Paal Kibsgaard Chairman and Chief Executive Officer Scotia Howard Weil 2016 Energy Conference New Orleans, March 21, 2016
  2. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 2
    E&P Industry Macro 120 700 600 100 Spare Capacity 500 80 E&P Capex ( billion) Production (MMbbl/d) 400 Oil price (/bbl) 60 300 40 Oil Price Global 200 Demand 20 100 E&P Capex 0 0 1970 1975 1980 1985 1990…
  3. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 3
    E&P Industry Macro Managing Downturns Demand-Driven Events Market-Share-Driven Event 120 700 600 100 Spare Capacity 500 80 E&P Capex ( billion) Production (MMbbl/d) 400 Oil price (/bbl) 60 300 40 Oil Price…
  4. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 4
    The Industry Challenge Not Driven by Service Pricing Dramatic rise in capital intensity between 2000 and 2014 Oil Service Pricing(1) E&P Capex per boe Basic service pricing entered long- term decline over the same period…
  5. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 5
    Procurement-Driven Commercial Model Technical Design Procurement Process Project Execution Operator Operator Operator Procurement Procurement Technical Scope Procurement Scope Project Delivery Supplier Supplier…
  6. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 6
    Consequences of Procurement-Driven Model Project Execution Sub-optimal project performance due to: Operator Failure to drive sufficient improvements in reliability and efficiency Procurement Project Delivery Inability to…
  7. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 7
    Schlumberger Performance The Case for Transformation Free Cash Flow Margin(1) Operating Margin(2) 15% 35% 10% 30% 5% 25% 0 20% -5% 15% -10% 10% -15% 5% -20% 0 -25% -5% 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013…
  8. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 8
    Our Transformation Program Delivering Results 12 1.4 HSE Reliability 1.2 10 1.0 0.8 8 0.6 Lost Time Injury Frequency 6 Non-Productive Time / Operating Time 0.4 0.2 4 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 12%…
  9. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 9
    Transformation Technology System Innovation From single components to total systems From subsurface to surface Digitally enabled, software controlled 10
  10. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 10
    Reservoir Characterization Continued Leadership Wireline 1 Market leadership in measurement, Seismic Well Testing instrumentation, modelling, and software 1 1 Petrophysical data and computing power represent the backbone of…
  11. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 11
    Drilling Fully Integrated Downhole Systems Directional Drilling 1 Logging Industry-leading portfolio built on our Drill Bits While Drilling 1 1 reservoir characterization strengths Complete range of leading technologies across…
  12. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 12
    Production Life-of-Well Solutions Completion Equipment 4 Pressure Use of scientific platforms to extend Pumping 2 Artificial completion and stimulation capabilities Lift 1 Evolved from basic completions hardware into…
  13. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 13
    Cameron Subsurface to Surface Integration Subsea Processing 1 Drilling Pressure Components integrated into systems with Control Subsea 1 Production software control and automation 2 Setting new levels of performance in fully…
  14. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 14
    Fully Integrated Land Drilling System Fully integrated and digital control system with guided workflows and functional monitoring Design includes Cameron equipment and uses manufacturing capabilities of Bauer JV Engineering…
  15. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 15
    Fully Integrated Hydraulic Fracturing System Digitally enabled with process re-engineering Includes Cameron, leverages CamSHALE Uses advanced fracturing fluids and completions 16
  16. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 16
    Transformation Collaborative Business Models Schlumberger Production Management (SPM) Collaboration & Commercial Alignment Integrated Drilling Services (IDS) Integrated Production Services (IPS) Integrated Services Management…
  17. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 17
    SPM Portfolio of Projects Exploration Development Production Minimize Operating Expenditure Maximize Production Maximize Recovery Accelerate Production Defer Abandonment Minimize Capital Cash Flow Expenditure Time Land Land Oil Heavy…
  18. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 18
    Business Update Another Step Down Months after peak 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 0 Current downturn 17 months long with -10% 3 distinct phases Change in US Drilling Rig Count After Peak (%) -20% Phase 3 decline…
  19. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 19
    Oil Market Continues to Tighten Annual Oil Production Deferral(1) OPEC Spare Capacity(2) Non-OPEC Oil Production Global Oil Demand (MMb/d) (MMb/d) (MMb/d) (MMb/d) 2016 2017 2018 2019 2020 +1.2 95.8 7 0.0 94.6 6 0.6 -1.2 MMb/d 5…
  20. Scotia Howard Weil 2016 Energy Conference – Schlumberger Limited – slide 20
    Conclusions E&P investment cuts now so severe they can only accelerate production decline Our solid cash flow and balance sheet mean we can operate longer than most We have used this downturn to further strengthen our relative…

From the store

Browse maps, data & reports in the Shale Experts store