3Q16 Earnings Presentation October 26, 2016 Presented by: Anthony G. Petrello Chairman, President, & Chief Executive Officer William J. Restrepo Chief Financial Officer
Current Debt and Liquidity High 2Q16 3Q16 Change Change (MM's) 3/31/2012 6/30/2016 9/30/2016 2Q16 to 3Q16 3Q16 from High Total Debt 4,750 3,503 3,476 (27) (1,274) Cash and ST Investments 494 256 201 (55) (293) Net Debt 4,256 3,247…
Drilling and Rig Services 6
3Q16 Rig Utilization & Availability 3Q16 Rig Average Rig Fleet(1) Years(2) Utilization U.S. Lower 48 AC 177 49 28% Legacy 47 1 2% U.S. Lower 48 Total 224 50 22% U.S. Offshore 17 4 24% Alaska 17 3 18% Canada 54 9 17%…
9/30/16 U.S. Rig Utilization Power Type and Capacity Pad Not Pad Total Walking Skidding Capable Capable Rigs Active Total Util. Active Total Util. Active Total Total Active Total Util. Active Total Util. AC 46* 126 37% 4 22 18%…
9/30/16 Nabors Working Rigs US 63 Algeria 7 Russia 3 Kuwait 1 Saudi Arabia 41 Venezuela 5 Ecuador 3 PNG 1 Argentina 19 Colombia 4 Kazakhstan 2 Italy 1 Canada 13 Oman 4 India 2 Total = 169(1) 9 (1) Active Revenue Rigs on…