We are Archer North Sea Platform drilling & related services Emerging Markets & Technologies Well integrity & intervention services Latin America Land drilling & related services North America Land based oilfield…
Realizing the Potential of Our Business 4 // Pareto Conference 2014 // 10 September 2014
Market & Operational Update: North Sea Platform Drilling Modular Rig Engineering Proven track record of Invested in new technology Agile engineering services delivering excellent and proved it out to market Core expertise in…
Market & Operational Update: Emerging Markets & Technology Continued geographic expansion into new markets Attractive well integrity products portfolio allows for significant growth Promising portfolio of intervention and imaging…
Market & Operational Update: Latin America One of the largest and most experienced contractors in Argentina Investing in new drilling rigs Experienced team with key customer relationships Argentina has the 4th largest…
Market Update: North America Total Well Spud by Basin and Rig Count 12,000 1,350 Hz Rig Count 10,000 1,150 8,000 Permian Total Wells Spud Total Rig Count 950 6,000 Eagleford 750 4,000 Bakken 550 2,000 Mississipian…
Market Update: US Land Pricing, Utilization & Supply Frac Supply, Demand, Utilization Capacity utilization improved 21,000,000 95.0% 19,000,000 90.0% dramatically from late 2013 to 81%+ Capacity Utilization Frac…
Market & Operational Update: North America Well positioned service offering and geographically located in basins with high capital spend High potential of integrated service approach with key customers Continued margin…
Summary Improved basic operating parameters during the last year Increased margins as a result of restructuring and improved market conditions Promising opportunities in Argentina despite macroeconomic challenges Targeted and…