Nov Inc. · NYSE:NOV
Nov — National Oilwell Varco — 33rd Annual Howard Weil Energy Conference (April 2005)
36 slides from Nov's conference presentation, Apr 5, 2005
Slide 1: Howard Weil April 5, 2005
HOWARD WEIL April 5, 2005
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements made in the course of this presentation that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. It is important to note that the Company's actual results could differ material
Slide 3: The Combined Company
The Combined Company Market Cap - $8 Billion Revenues - $4 Billion 18,000 Employees S&P 500
Slide 4: Revenue Breakdown
Revenue Breakdown Rig Technology Group Petroleum Services & Supplies Distribution Services 0.43 0.35 0.22
Slide 5: Utilization U.S. Land Rigs
Utilization U.S. Land Rigs Supply Demand Utilization 1955 2996 2480 0.828 1956 3025 2618 0.865 1957 2793 2287 0.819 1958 2715 1745 0.643 1959 2811 2277 0.81 1960 2837 1982 0.699 1961 2535 1886 0.744 1962 2300 1652 0.718 1963 2514 1810 0.72 1964 2479 1845 0.744 1965 2343 1733 0.74 1966 2259 1534 0.67
Slide 6: Strategic Execution
Strategic Execution IPO
Slide 7: Strategic Execution: Ross Hill
Strategic Execution IPO Ross Hill
Slide 8: Strategic Execution: Dreco
Strategic Execution IPO Ross Hill Dreco
Slide 9: Strategic Execution: Harrisburg
Strategic Execution IPO Ross Hill Dreco Harrisburg
Slide 10: Strategic Execution: Continental Emsco
Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco
Slide 11: Strategic Execution: IRI (Bowen), Hitec
Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco IRI (Bowen) Hitec
Slide 12: Strategic Execution: Hydralift
Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco IRI (Bowen) Hitec Hydralift
Slide 13: Strategic Execution: Varco
Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco IRI (Bowen) Hitec Hydralift Varco
Slide 14: New Build Economic Potential Jackup (300' WD)
New Build Economic Potential Jackup (300' WD)
Slide 15: Driller's Cabin - Then
Driller's Cabin - Then
Slide 16: Driller's Cabin - Now
Driller's Cabin - Now
Slide 17: Driller's Cabin - Now
Driller's Cabin - Now
Slide 18: Pipe Handler
Pipe Handler
Slide 19: Vertical Riser Handling
Vertical Riser Handling
Slide 20: Casing Running Tool
=. : a yasing Running foo!
Slide 21: Hex Mud Pump
Hex Mud Pump
Slide 22: Continuous Circulation System
Continuous Circulation System
Slide 23: NXT Blowout Preventer
NXT Biowout Preventer a
Slide 24: Slide 24
Slide 25: Slide 25
Slide 26: IDEAL(tm) Rig
IDEAL(tm) Rig
Slide 27: Slide 27
Slide 28: Slide 28
Slide 29: Slips & Iron Roughneck
Slips & Iron Roughneck
Slide 30: Well Servicing Rigs
Well Servicing Rigs
Slide 31: Slide 31
Slide 32: Coiled Tubing
Coiled Tubing
Slide 33: Downhole Drilling Motor
Downhole Drilling Motor
Slide 34: Tubular Services, Drilling Services and Technology Investments
Tubular Services Riser Inspection Tool Linalog Combo In-Line Inspection Tool TCS Titanium Hardbanding Drilling Services Electronic Driller VSM Ultra shaker Rigsense Technology Investments
Slide 35: Direct Integration
Direct Integration 7 _, DIRECT INTEGRATION
Slide 36: Howard Weil April 5, 2005
HOWARD WEIL April 5, 2005
National Oilwell Varco — 33rd Annual Howard Weil Energy Conference (April 2005) on 6ix