Skip to main content 2015 Technology Day – C&J Energy Services Inc. Investor Presentation | Shale Experts
Loading...
Pm

2015 Technology Day – C&J Energy Services Inc.

C&J Energy Services Inc. · Mar 3, 2015 · 45 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 2015 Technology Day – C&J Energy Services Inc. – slide 1
    C&J Energy Services 2015 Technology Day March 3, 2015 C&J Energy Services, Inc. 2015
  2. 2015 Technology Day – C&J Energy Services Inc. – slide 2
    Welcome to C&J Energy Services 2015 Technology Day Josh Comstock Founder, Chairman and CEO C&J Energy Services, Inc. 2015 3
  3. 2015 Technology Day – C&J Energy Services Inc. – slide 3
    Research & Technology Impact on C&J Operations Don Gawick Chief Operating Officer C&J Energy Services, Inc. 2015 4
  4. 2015 Technology Day – C&J Energy Services Inc. – slide 4
    Success Rate of Growth Strategies 27% average success rate Degree of change New business required to existing business New value model and/or chain step distance from core customers New channel New customer segments New…
  5. 2015 Technology Day – C&J Energy Services Inc. – slide 5
    The Best Adjacency Strategies Follow a Successful Formula Source: Bain analysis C&J Energy Services, Inc. 2015 6
  6. 2015 Technology Day – C&J Energy Services Inc. – slide 6
    Growth Strategy at C&J Coiled Tubing Connectors Manufacturing Circulating Sub Design Motors Materials Testing Fracturing Fluid Ends Controls Chemicals Wireline Guns & Hardware Middle East Tension Release Tool Coiled Tubing…
  7. 2015 Technology Day – C&J Energy Services Inc. – slide 7
    C&J Has Continued to Add Product Lines and Value Propositions Geography Latin America Offshore Canada Middle East Technology Lower 48 Customer Evolution New Business Haynesville Type Safety South Texas Cost Reduction NOC…
  8. 2015 Technology Day – C&J Energy Services Inc. – slide 8
    Research & Technology Pat Bixenman President, Research & Technology C&J Energy Services, Inc. 2015 9
  9. 2015 Technology Day – C&J Energy Services Inc. – slide 9
    Research & Technology Value Proposition Develop technology to help C&J operate as the most efficient and cost effective oilfield service company Technology developments provide: Increased operational efficiency and safety Reduced…
  10. 2015 Technology Day – C&J Energy Services Inc. – slide 10
    Research & Technology Portfolio Perf Frac Fluid End Frac Placement Controls Life Chemistry Optimization Frac Equipment Perforating Tension Tool Guns Perforating CT BHA Operational Switches Cost Efficiency Reduction CT Circ…
  11. 2015 Technology Day – C&J Energy Services Inc. – slide 11
    Lean Product Development the primary role of effective product development is the creation of new and profitable value streams for the organization. With respect to product development, this presents a twofold objective: gauging…
  12. 2015 Technology Day – C&J Energy Services Inc. – slide 12
    Global Service Company Products Drive to standardize assets for use in all operating basins Allows SOPs, standard maintenance, standard training, standard inventory Products become more complex, expensive to develop and are optimal…
  13. 2015 Technology Day – C&J Energy Services Inc. – slide 13
    OEM Products Products tend to be based on Industry Standards with a few tweaks Attempt to minimize risk for industry acceptance Designs live for decades New technology is difficult to introduce Very weak Voice of the Customer…
  14. 2015 Technology Day – C&J Energy Services Inc. – slide 14
    Research & Technology Operating Philosophy Products are fit for purpose for a given operating basin Based on common technology platforms Minimize development time with early and frequent voice of the customer from C&J operations…
  15. 2015 Technology Day – C&J Energy Services Inc. – slide 15
    Research & Technology Center Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2013 2013 2013 2013 2014 2014 2014 2014 2015 Dec. 2012 Decision to build Research & Technology Center C&J Energy Services, Inc. 2015 16
  16. 2015 Technology Day – C&J Energy Services Inc. – slide 16
    Research & Technology Center Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2013 2013 2013 2013 2014 2014 2014 2014 2015 Apr. 2013 Ground Breaking C&J Energy Services, Inc. 2015 17
  17. 2015 Technology Day – C&J Energy Services Inc. – slide 17
    Research & Technology Center Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2013 2013 2013 2013 2014 2014 2014 2014 2015 Oct. 2013 Ready to move into Research & Technology Center C&J Energy Services, Inc. 2015 18
  18. 2015 Technology Day – C&J Energy Services Inc. – slide 18
    Research & Technology Center Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2013 2013 2013 2013 2014 2014 2014 2014 2015 Jan. 2014 Outfitting workshop C&J Energy Services, Inc. 2015 19
  19. 2015 Technology Day – C&J Energy Services Inc. – slide 19
    Research & Technology Center Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2013 2013 2013 2013 2014 2014 2014 2014 2015 Sep. 2014 Perf Gun Manufacturing C&J Energy Services, Inc. 2015 20
  20. 2015 Technology Day – C&J Energy Services Inc. – slide 20
    Research & Technology Center Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2013 2013 2013 2013 2014 2014 2014 2014 2015 Nov. 2014 High-Temp Pressure Vessel Operational C&J Energy Services, Inc. 2015 21
  21. 2015 Technology Day – C&J Energy Services Inc. – slide 21
    Research & Technology Center Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2013 2013 2013 2013 2014 2014 2014 2014 2015 Feb. 2015 Flow Loop Operational C&J Energy Services, Inc. 2015 22
  22. 2015 Technology Day – C&J Energy Services Inc. – slide 22
    C&J Research & Technology Center High-Temp Pressure Vessel Drilling Motor Assembly Controls & Logging Tool Assembly Perf Gun Manufacturing Design and Development Flow Loop Teams Nuclear Tool Lab Electronics Testing…
  23. 2015 Technology Day – C&J Energy Services Inc. – slide 23
    Research & Technology Product Milestones 120 C&J Research & Technology Center 100 Personnel by Discipline Engineering 69 Manufacturing 39 R&T Personnel 80 Support 17 60 40 20 Moved into Research &…
  24. 2015 Technology Day – C&J Energy Services Inc. – slide 24
    Research & Technology Product Milestones 120 100 R&T Personnel 80 60 First Tellus motor job (3/14) 40 20 0 C&J Energy Services, Inc. 2015 25
  25. 2015 Technology Day – C&J Energy Services Inc. – slide 25
    Research & Technology Product Milestones 120 100 R&T Personnel 80 60 First perf job with C&J guns (4/14) 40 20 0 C&J Energy Services, Inc. 2015 26
  26. 2015 Technology Day – C&J Energy Services Inc. – slide 26
    Research & Technology Product Milestones 120 100 R&T Personnel 80 First CT connector job (7/14) 60 40 20 0 C&J Energy Services, Inc. 2015 27
  27. 2015 Technology Day – C&J Energy Services Inc. – slide 27
    Research & Technology Product Milestones 120 100 First perf job with addressable switches (8/14) R&T Personnel 80 60 40 20 0 C&J Energy Services, Inc. 2015 28
  28. 2015 Technology Day – C&J Energy Services Inc. – slide 28
    Research & Technology Product Milestones 120 First frac job with MDT Pump Controls (9/14) 100 R&T Personnel 80 60 40 20 0 C&J Energy Services, Inc. 2015 29
  29. 2015 Technology Day – C&J Energy Services Inc. – slide 29
    Research & Technology Product Milestones 120 100 R&T Personnel 80 60 First Tellus Resistivity tool job (10/14) 40 20 0 C&J Energy Services, Inc. 2015 30
  30. 2015 Technology Day – C&J Energy Services Inc. – slide 30
    Research & Technology Product Milestones 120 First frac plug drillout with Tellus motor (12/14) 100 R&T Personnel 80 60 40 20 0 C&J Energy Services, Inc. 2015 31
  31. 2015 Technology Day – C&J Energy Services Inc. – slide 31
    Research & Technology Product Milestones 120 First Casedhole job with Tension Tool (1/15) 100 R&T Personnel 80 60 40 20 0 C&J Energy Services, Inc. 2015 32
  32. 2015 Technology Day – C&J Energy Services Inc. – slide 32
    Research & Technology Performance Results of Customer-Oriented Lean Development Methodology: 6 months: Frac Pump Control 9 months: Perforating Guns 9 months: Coiled Tubing Tool for plug drill out 12 months: Tension Tool for…
  33. 2015 Technology Day – C&J Energy Services Inc. – slide 33
    C&J Research & Technology Center Tour Stops 1. Plug and Perf 6. Coiled Tubing Tools 2. Downhole Electronics 7. MDT Controls 3. Nuclear Lab 8. Frac Pump 4. Perforating Gun 9. High-Temperature Manufacturing Pressure Vessel 5. Tellus…
  34. 2015 Technology Day – C&J Energy Services Inc. – slide 34
    LateralScience Completion Optimization Problem: The majority of perforations do not produce, leaving reserves unrecovered Goal: Improve reserve recovery by fracturing more of the reservoir C&Js Solution: LateralScience…
  35. 2015 Technology Day – C&J Energy Services Inc. – slide 35
    LateralScience Perforating Placement Engineered shale completions using a facies-based approach Patent Pending technique does not require Wireline or LWD data runs Primary application is to move perf clusters to normalize frac…
  36. 2015 Technology Day – C&J Energy Services Inc. – slide 36
    Research & Technology Performance Results of Customer-Oriented Lean Development Methodology: 6 months: Frac Pump Control 9 months: Perforating Guns 9 months: Coiled Tubing Tool for plug drill out 12 months: Tension Tool for…
  37. 2015 Technology Day – C&J Energy Services Inc. – slide 37
    Research and Technology Impact on Economics Randy McMullen President and CFO C&J Energy Services, Inc. 2015 38
  38. 2015 Technology Day – C&J Energy Services Inc. – slide 38
    Continued Focus on Research & Technology Will Help C&J Achieve A Competitive Advantage Better reliability, lower cost basis and favorable paybacks Better positioned vs. our small/mid-cap competitors. Will have a lower cost structure…
  39. 2015 Technology Day – C&J Energy Services Inc. – slide 39
    Continued Focus on Research & Technology Will Help C&J Achieve More Revenue & New Business Differentiated products & services attract new customers and help capture additional spend by existing customers Complementary product…
  40. 2015 Technology Day – C&J Energy Services Inc. – slide 40
    More Revenue & Profitability Tellus downhole tools offer significant upside in 4 billion market Targeting 5 10% market capture over five years, 200-400 million annually Benefits of Tellus tools include the following: More reliable…
  41. 2015 Technology Day – C&J Energy Services Inc. – slide 41
    Better Margins: Fluid Ends Targeting savings of over 2014 Illustrative Fluid Ends Savings Analysis 16 million annually Fluid Ends Used 675 Enhanced design expected 3rd Party Cost per Fluid End 57K to improve life by 20-30% due…
  42. 2015 Technology Day – C&J Energy Services Inc. – slide 42
    Better Margins: Perforating Guns Targeting 4 million annually 2014 Illustrative Perforating Guns in stable market, additional Savings Analysis investment will generate Perforating Guns Used(1) 100K greater cost savings 3rd Party…
  43. 2015 Technology Day – C&J Energy Services Inc. – slide 43
    Improved Efficiencies: Differentiated Services In-house manufacturing offers customers improved efficiencies and reduced costs, and increases C&Js revenue and margins Addressable Switches for Wireline Targeting 1 million annual EBITDA…
  44. 2015 Technology Day – C&J Energy Services Inc. – slide 44
    In Summary: Research & Technology Will Help C&J Achieve A Competitive Advantage More Revenue Better Margins Increased Efficiencies C&J Energy Services, Inc. 2015 45
  45. 2015 Technology Day – C&J Energy Services Inc. – slide 45
    C&J Energy Services 2015 Technology Day Questions & Answers C&J Energy Services, Inc. 2015 46

From the store

Browse maps, data & reports in the Shale Experts store