Key Energy Services Inc · OTC:KEGX
Key Energy Services — 2013 Credit Suisse Energy Summit
17 slides from Key Energy Services's conference presentation, Feb 5, 2013
Slide 1: 2013 Credit Suisse Energy Summit
2013 Credit Suisse Energy Summit February 6, 2013 Dick Alario Chairman, President and Chief Executive Officer Exhibit 99.1
Slide 2: Safe Harbor Language
Safe Harbor Language This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on Key's current expectatio
Slide 3: Service Offering and Revenue by Segment
Rig Services Fluid Management Services Coiled Tubing Services Fishing & Rental Services Service Offering • Heavy Workover • Horizontal Well Completions • Re-completions • Specialty Drilling • Repair & Maintenance • Plugging & Abandonment • Fluid Transportation • Fluids Disposal • Storage Tank Rental
Slide 4: Key's Global Presence
Key’s Global Presence Globally recognized franchise of safe, consistent and reliable job execution with a broad customer base. Well Servicing Workover Drilling & Completion Reservoir Engineering Well Servicing Workover Drilling & Completion Fluid Management Coiled Tubing Fishing & Rental Frac Stack
Slide 5: U.S. Market
~25% ~15% ~5% ~10% ~45% U.S. Market Source: Smith Bits; through 1/25/2013. Eagle Ford Bakken Permian Basin Drilling Rig Count Horizontal Rig Count West Coast Haynesville Marcellus / Utica Drilling Rig Count Horizontal Rig Count 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 1,000 1,250 1,500 1,750 2,00
Slide 6: Growing Backlog of Potential Horizontal Well Interventions
Growing Backlog of Potential Horizontal Well Interventions The secular growth in producing horizontal wells should lead to increased demand for Key’s higher capability workover rigs and higher well intervention service intensity. 550 HP Rig with 116’ Derrick and 425 HP Rig with 102’ Derrick
Slide 7: U.S. Revenue Potential for Underutilized Assets
U.S. Revenue Potential for Underutilized Assets We believe there is approximately 25% to 30% additional U.S. revenue potential if Key’s existing service capacity were operating at effective full utilization levels of 90%. $0 $100 $200 $300 $400 $500 $600 U.S. Rigs Fluid Management Services Coiled Tu
Slide 8: Oil Well Life Cycle Exposure
Oil Well Life Cycle Exposure Key’s growing toolbox of service solutions deliver value throughout the well’s life cycle. Rig Services Coiled Tubing Services Fluid Management Services Fishing & Rental Services Drill & Complete Production Abandonment Horizontal well completions Specialty fit-for-purpos
Slide 9: International Markets
International Markets Heavy Workover Rig in Mexico Key has generated strong international growth. $12 $57 $129 $101 $199 $138 $239 $0 $50 $100 $150 $200 $250 $300 Q1-Q3 Q1-Q3 Historical International Revenue Growth* Source: Key Energy Services,Inc. 73% Y/Y 52% CAGR 2008 - *Excluding Argentina for al
Slide 10: Well Interventions Drive Value
Well Interventions Drive Value Key’s growth in well interventions contributes to production growth in PEMEX’s ATG asset.
Slide 11: 2013 Focus
• Reduce costs and improve U.S. operating efficiencies. • Capitalize on international growth opportunities. • Use free cash flow to enhance shareholder value. 2013 Focus
Slide 12: Slide 12
Slide 13: Appendix - The KeyView System
Appendix - The KeyView ® System The KeyView ® System is a proprietary technology that provides equipment-verified data to achieve enhanced operational IQ. • Patented system with job activity monitoring, recording capabilities and automated controls that provides operators with an “intelligent” rig t
Slide 14: Appendix – Class 4, HP Heavy Workover Rig
Appendix – Class 4, 500 HP Heavy Workover Rig
Slide 15: Appendix – Class 5, 1,000 HP Modular Completion Rig
Appendix – Class 5, 1,000 HP Modular Completion Rig
Slide 16: Appendix – Extended Reach Coiled Tubing Unit
Appendix – Extended Reach Coiled Tubing Unit
Slide 17: Appendix – Frac Stack Equipment Layout
Appendix – Frac Stack Equipment Layout
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