Helmerich & Payne, Inc. Meetings with Investors March 1, 2013
H&Ps Global Rig Fleet * Estimates include existing rigs and announced new build commitments.
Market Conditions Dayrate pricing in the spot market remains firm for H&P. Our active rig count remains strong. We continue to have some discussions with customers regarding additional new builds. Our operational outlook for the…
U.S. Rig Activity by Hydrocarbon Target
H&P Activity as of February 28, 2013 Rigs Rigs Working/ % Available Contracted Contracted U.S. Land 298 242 81% AC Drive FlexRigs 263 242 92% SCR Fleet 35 0 0% Offshore 9 8 89% International Land 29 23 79% Total 336 273 81% FlexRig…
H&Ps U.S. Land Fleet Activity (1) (2) (1) Active rigs on term (in blue) generated both revenue and revenue days. (2) Includes completed new builds pending delivery and not generating revenue days.
Leading U.S. Unconventional Driller (H&P Contracted Land Rigs as of 2/28/13*) * Includes announced new FlexRigs with customer commitments scheduled for delivery in fiscal 2013.
H&P Global Fleet Under Term Contract
H&Ps International Land Operations Rig Fleet Status (as of February 28, 2013) Active Idle Total Long-term Contracts Argentina 6 3 9 5 Bahrain 3 1 4 3 Colombia 5 2 7 2 Ecuador 5 5 1 Tunisia 2 2 2 U.A.E. 2 2 2 (1) Total 23 6 29 15…
What a Difference a Year Makes As of February 2012 As of February 2013 (1,900 Active Rigs in the U.S. (1,600 Active Rigs in the U.S. By Power Type) By Power Type) Note: The above estimates corresponding to rig activity are…
Technology & Quality Service Make a Difference (1) (3) H&Ps H&Ps Margin Utilization Premium Premium (2) (4) (1) Does not include the impact of early contract termination revenue. (2) Represents weighted-average rig margin…
Record Profits During Industry Slowdown * PTENs operating income includes drilling operations in Canada. ** NBRs operating income corresponds to its U.S. Lower 48 Land Drilling segment.
Five-Year Relative Shareholder Return Source: Thomson Financial as of February 26, 2013
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