Bank of America Merrill Lynch 2017 Global Energy Conference November 16-17, 2017
Who We Are: An Oilfield Services Leader DRILLING PRESSURE PUMPING DIRECTIONAL RENTALS TECHNOLOGY High quality fleet of High quality fleet of Founded in 1980, MS Leading position in Designs, land drilling rigs, 1.5 million…
Broad Footprint in Oilfield Services Active Rig Count 161 By Region As of November 13, 2017 WEST TEXAS / 45 APPALACHIA / 28 MID-CONTINENT / 29 SOUTH TEXAS / 18 EAST TEXAS / 18 ROCKIES / 13 NORTH DAKOTA / 8 CANADA / 2…
Patterson-UTI: A Leader in Oilfield Services Efficiency Efficiency improves well economics. People Crews receive extensive onboarding and ongoing training to ensure competency and refine operating and safety procedures.…
Process: Management System Management System allows for continuous updates on Policies & Priorities Comprehensive Rig and Frac Fleet audits ensure uptime, preventative maintenance, continuous improvement. Incident…
Innovative Rig Designs: APEX-XC Enhanced setback capacity for efficiently Standard with drilling longer higher-torque top laterals drive HPU, accumulator and walking Increased mud system integrated pump horsepower in substructure for…
Innovative Rig Technology: Warrior 500 Ton AC Top Drive HIGH PERFORMANCE - 50,000 ft-lbs continuous torque rating REDUNDANT POWER DELIVERY - Four independent power pathways from the AC bus to the top drive quill - No single-point…
Innovative: Performance Data Analytics Real-time innovative data analysis system collects and analyzes data across region, pad and rigs for performance by formation, section, crew, etc. Ability to analyze equipment and maintenance…
Innovative: Automation and Remote Operations REMOTE OPERATIONS RIG AUTOMATION Remote operations allow a Consistent, automated processes at specialist to execute multiple wells the wellsite limit safety risks, reduce at one time well…
Why Invest in Patterson-UTI Energy Patterson-UTI is a Leader: Efficiency Efficiency improves well economics Patterson-UTI has the scale, processes, people and equipment necessary for efficient operations Technology Technology…
Additional References APEX Class Rigs APEX-XK 1500 61 198 53 APEX 300-Series APEX 1500 47 APEX PK 28 APEX 1000* 7 Other AC 2 20 *Three to be converted to APEX-XK. 10
Modern Pressure Pumping Equipment TEXAS 62% 1.5 MM APPALACHIA 23% HORSEPOWER MID-CONTINENT 15% 21 Hydraulic fracturing horsepower location as of October 26, 2017 Non-U.S. GAAP Financial Measures Three Months Ended…
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