Deepwater Production Importance Additional global supply sources needed to meet world demand in 2020 Estimated 27 million barrels / day required Source: Rystad Energy Supply Study, EIA US Oil Production Estimates, FMC Internal…
Deepwater Discoveries Global new discoveries These deepwater fields are nine of the ten largest 2007 2012 discoveries of 2013: (reserves) Agulha/Coral - Mozambique (Eni) 1.4B BOE Lontra - Angola (Cobalt Intl Energy) - 900M BOE Ogo -…
Deepwater Market Growth Undeveloped discoveries Deepwater rig demand Subsea wells to be drilled 500 1000 600 400 800 500 Number of Fields Number of Wells 400 300 Number of Rigs 600 300 200 400 200 100 200 100…
Operator Deepwater Spending Growth Global offshore spending Remain committed to B 700 developing large portfolios 600 of deepwater fields 500 337.0 400 Overcome challenges 300 181.6 associated with improving 200 returns…
Leverage Our Partnerships to Improve Operator Returns Earlier involvement in field development Engineer standard equipment to reduce project costs, shorten lead times, and improve execution Increase oil recovery through expansion…
Standard Subsea Equipment for 20,000 psi 350F JDA Partners Equipment Scope High Integrity Pipeline Protection System (HIPPS) Subsea Distribution Enhanced Vertical Deepwater Tree (EVDT) System Controls Well Jumper HC-20…
Significant Opportunities Estimated 15B bbl of oil to be produced from Lower Tertiary 12
Applying Technology to Increase Production Development planning to abandonment Condition performance monitoring Uptime Integrated vessel based services Equipment refurbishment Production Flow analysis Increased Well access…
Appendix A FMC Technologies, Inc. Reconciliation of Non-GAAP to GAAP Financial Measures (Unaudited) (In Billions, except for Earnings per Share) 12 Months Ended 12/31/2001 Non-GAAP FTI Orders 1.3 JBT Orders 0.9 GAAP FTI…