Cut debt obligations by 307M in 4Q20 & ESG score SmartDRILLTM 1Q21 improvement in 4Q approaching 30% Executed debt 2 points Environmental penetration across exchanges and open Nabors Lower 48 1 point Social rigs Recent market…
4Q Rig Utilization and Availability TOTAL U.S. LOWER 48 U.S. OFFSHORE ALASKA CANADA INTERNATIONAL RIG FLEET(1) 383 187 12 16 35 133 HIGH SPEC 110 4Q20 AVERAGE RIGS ON REV 132 54 2 3 10 63 HIGH SPEC 53 AVERAGE UTILIZATION 34%…
Building L48 Market Share with the Supermajors 2014 4Q 2020 7% 15% NBR A leader in the supermajors 9% 22% market segment, Nabors 8% 33% HP increased market share by 22% 4% PTEN 50%compared to the 2014 peak. 39% ESI Other…
Nabors Commitment to Environmental Stewardship 3 High-Line rigs, 4 Bi-Fuel rigs, including 1 rig using our advanced energy management system in L48 Signed onto the Science Based Targets initiative, committed to setting science-based…
Nabors Smart Suite INTEGRATED OFFERING Savings of 141,399 per well Nabors Smart Suite integrated automation solution drives SmartNAV performance, reduces cost, and removes WBP personnel Automated directional guidance system,…
Increasing Automation SmartDRILLTM Penetration (% of Nabors Rigs) 29% Across NDS Services 19% Automated Well Stats Life to Date Q4 Wells SmartSLIDE/SmartNAV 655 68 Wells SmartDRILL 152 64 6% Footage SmartSLIDE/SmartNAV 12.20M ft 1.2M…
SmartDRILLTM : Industry leading value proposition Feature SmartDRILL Benefit Customer Success Automated Processes 61% Improvement in Connection Times Slips to Weight Connections, BHA Reliability Automation Aggregate (mins) Rotary to…
Smart Suite Resonating with Customers Thank you for all the updates that you are making to your automation software the progress made can be seen every meeting. The recent work with SmartDRILL has been This is all thanks to a group who…
Debt Maturity Profile as of December 31, 2020 During 2020, reduced or Debt at 12/31/2020 1,500 extended maturities on an Total Debt: 2.97Bn(2) 1,250 aggregate 1.5 billion of notes Cash, Cash Equivalents & STI 0.48Bn with maturities…
Contact Us: William C. Conroy NABORS CORPORATE SERVICES 515 W. Greens Road VP - Corporate Development and Investor Suite 1200 Relations Houston, TX 77067-4525 William.Conroynabors.com Kara K. Peak Director - Corporate Development and…