Strong Financial Position 10 billion of contracted revenue backlog Baa1/BBB+ ratings from Moodys/S&P Leverage Ratios 65% 40% 39% 37% 35% 27% SDRL NE RIG RDC DO ESV Source: Total debt-to-capital ratios from ISI Group Oil…
Payout Ratios 122% 95% 67% 53% 44% 17% SDRL DO RIG ESV NE RDC Source: Thomson Reuters; most recent declared quarterly dividend annualized divided by 2014 earnings per share mean estimate for dividend- paying offshore…
Net Income Margin 29% 22% 22% 17% 16% 15% ESV SDRL DO NE RIG RDC Source: Thomson One; sum of trailing eight quarters of net income divided by sum of trailing eight quarters of revenue 6
Industry Leader in Customer Satisfaction Rated 1 Total Satisfaction Performance and Reliability Deepwater Drilling Shelf Wells Technology Horizontal and Directional Wells Special Applications North Sea 7
Vision and Strategy Vision As the offshore driller of choice, we will go beyond what is expected to achieve a safe zero-incident workplace and to be the clear choice among employees, customers and investors Invest in High- Quality…
Fleet Highgrading Eight newbuild rigs to be delivered through 2016 570 million of budgeted rig enhancements to existing fleet in 2014 200 million of rig enhancements are customer-funded 14 rigs sold since 2009 90 million…
New Ultra-Deepwater Fleet ( 7,500) Avg. Age of Fleet Years 17.4 8.5 9.0 4.0 3.4 SDRL ESV NE RIG DO Source: IHS-ODS Petrodata as of 28 April 2014 Ultra-deepwater includes competitive semisubmersibles and drillships…
2014 Floater Upgrades Major upgrades to several rigs ENSCO 5005 ENSCO 5006 ENSCO 6001 and ENSCO 6002 12
Premium Jackup Fleet Overview Largest premium jackup fleet 1.7 billion investment in newbuild jackups since beginning of 2011: Four ENSCO 120 Series jackups Two ENSCO 140 Series jackups ENSCO 110 13
ENSCO 120 Series Ultra-Premium Jackups Two under construction 1 billion+ investment 40,000 total drilling depth 400 water depth 2.5 million pound quad derrick State-of-the-art cantilever envelope Ultra-deep gas/long-reach…
Global Platform Europe & Mediterranean Semi 2 U.S. Gulf of Mexico Jackups 10 Ships 3 Semis 6 Jackups 8 Middle East Jackups 10 Africa Mexico Ships 4 Jackups 4 Semis 2 Brazil Semis 5 Asia Pacific Under Construction Semi 4…
Benefits of Standardization ENSCO Samsung DP3 Premium Jackup Premium Jackup 8500 Series (7) Drillships (8) KFELS Mod V-A,B + LeTourneau Super Super A (13) 116E (2) Shipyard Common Equipment Training Repair & Maintenance…
Success of the ENSCO DS Series BP Has Contracted 3 Drillships ENSCO DS-3: U.S. Gulf of Mexico ENSCO DS-4: Brazil / U.S. GOM ENSCO DS-6: Angola 18
Safety, Health & Environment Total Recordable Incident Rate Record TRIR in 2013 1.2 Zero-incident goal 1.0 STOP work authority 0.8 Comprehensive training 0.6 Quality control and audit 0.4 Dedicated safety 0.2 management systems…
Competency Assurance Program Commitment to Employee Development International Association of Drilling Contractors (IADC) has awarded accreditation to Ensco training programs Focus on safety and efficiency of operations Defined…
Aging Global Rig Fleet Jackups 55% of jackups are older than 30 years 36 jackups with an average age of 30 years retired since 2011 Floaters 37% of floaters are older than 30 years 3 floaters with an average age of 36 years…
Estimated Capital Expenditures* billions Note: Final rig enhancement and sustaining project capital expenditure budgets for 2015 2017 TBD once budgets are completed Sustaining 0.30 200 million of rig enhancement capex to be…
Summary Top 5% dividend yield S&P 500 Strong balance sheet and capital management flexibility 1 in customer satisfaction New ultra-deepwater rigs and largest premium jackup fleet Global presence Safety and operational…
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