Skip to main content Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited Investor Presentation | Shale Experts
Loading...

Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited

Schlumberger Limited · Dec 6, 2016 · 15 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. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 1
    Patrick Schorn President Operations Cowen & Company Energy & Natural Resources Conference New York, December 6, 2016
  2. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 2
    Market Fundamentals Recent Y-o-Y E&P Capex Changes Annual Change in Crude Oil Production (MMbpd) 2.0 NAM INT TOTAL 1.5 1.0 2015 -19% -18% 2016 0.5 -27% -25% 0.0 -39% -40% -0.5 -1.0 North America Gulf 5 Rest of World 2013…
  3. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 3
    Market Leadership Market segments SLB HAL WFT BHI GE Wireline Logging Production Testing Geophysical Equipment & Services Software Directional Drilling Logging While Drilling Drilling & Completions Fluids Market leadership (1)…
  4. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 4
    Growing Business LeadersArtificial Lift Comprehensive Pump Design Pump Monitoring Centers (MaxFORTE) MAXIMUS Steam Injection ESPs Shale Reservoir ESPs Performance-Based Contracts (Hotline) (Continnum) EZLine 1998 2001 2002 2005…
  5. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 5
    Growing Business LeadersSubsea Systems Worlds first integrated subsea production system award Subsea MPFM VX MPFM Electric Subsea Boosting Pump Multiphase Compressor System Subsea raw water All-electric XT Deepest Subsea Pump…
  6. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 6
    New Technology Improves PerformanceNAM Drilling Evolution of Lateral Lengths Days to Drill a 10,000-ft Lateral Evolution of Drilling Speed Drilling Speed Days 3.5X 2014 0 2 4 6 2016 PowerDrive Motor X 0 2.000 4.000 6.000…
  7. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 7
    Transformation Improves Performance Capex as a Percentage of Revenue Revenue and Workforce Trend Relative to 2004 % 15 500 400 10 300 Revenue 200 Field & Operations Workforce 5 Support Workforce 100 0 0 1Q11 1Q12 1Q13 1Q14…
  8. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 8
    Schlumberger Production ManagementSPM Brownfield Rejuvenation Rapid Appraisal Large Infrastructure Cash flow from production Value creation through proving up Long-term returns as joint- venture operations Shaya reserves Tendrara…
  9. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 9
    New ProjectsSound Energy Morocco Overview Net profit interest contract signed in December 2015 Carry of 80%,75%, and 75% for first three appraisal wells Application for production concession expected in H1 2017 Exclusivity on all…
  10. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 10
    New ProjectsOphir and OneLNG JV Exploration & Appraisal Field Development Plan, Partners, Commercials Development, Production FID 2006 2008 2012 2014 2015 2016 2017 2020 Block R Fortuna Appraisal Extended Development & OneLNG…
  11. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 11
    Integration and Synergy at Cameron Achieved 88M in synergies in Q3 2016 Booked 139M in synergy orders in Q3 2016 Accretive to 2016 Q2 and Q3 EPS and CFPS On track for synergies of 300M in Year 1, 600M in Year 2 Contract Awards…
  12. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 12
    Improving Performance Through Integration Completion Operations (days) Integrated Service Coordination 26.1 24.0 24.2 Pressure Pumping Perforating 20.4 Plugs Coiled Tubing Milling 14.7 11.9 Cameron Surface Flowback…
  13. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 13
    Fourth-Quarter Activity Outlook by Product Group Reservoir Characterization Group Flat Production Group Slightly Higher Northern hemisphere seasonal reductions offset by strong Higher M. East unconventional completions activity…
  14. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 14
    Margin Leadership Revenue (B) Operating Income Margins (%) EBITDA Margins (%) 14 30 30 12 25 20 10 20 10 15 8 10 6 0 5 4 0 -10 2 -5 0 -20 -10 1Q13 3Q13 1Q14 3Q14 1Q15 3Q15 1Q16 3Q16 1Q13 3Q13 1Q14…
  15. Cowen & Company Energy & Natural Resources Conference – Schlumberger Limited – slide 15
    Summary Downturn effects now more evident with production falling and discoveries at a low. OPEC actions should accelerate market rebalancing and help firm oil prices Schlumberger has a long history of building market leaders that…

From the store

Browse maps, data & reports in the Shale Experts store