Nabors Industries Ltd. (NBR) 2009年年度报告「AMEX」.pdf

1、much more than meets the eyeNabors INdustrIes Ltd.2009 Annual ReportMintflower Place8 Par-La-Ville Road Hamilton,HM08,BINTERNATIONALUS LAND DRILLINGALASKA DRILLINGOTHER OPERATING SEGMENTS Results were down only slightly year over year as aggressive cost controls and incremental rig deployments large

2、ly offset the curtailment of some drilling projects and the postponement of others.New rig contracts were awarded in Kazakhstan,Kuwait,Russia and Congo,the latter a unique rig placed on a Floating Drilling,Production,Storage and Offloading(FDPSO)vessel.This unit posted its best year ever in safety w

3、ith the total recordable incidence rate dipping below one for every 200,000 man hours.Prospects for 2010 are for an improving second half,with contracts awarded for six incremental rigs in Colombia,three in Saudi Arabia and two in Papua New Guinea,and a strong bid flow.Nabors expects to deploy its u

4、nique coiled tubing/stem drilling rig on underbalanced,pressure-managed drilling projects in Australia,the Middle East and North Africa.Long-term contracts for rigs and aggressive cost controls kept results for this unit respectable in spite of a precipitous decline in the rig count.Our high-specifi

5、cation rigs and expertise in the various shale plays allowed Nabors to drill more horizontal footage than any other U.S.land driller.Five-year contracts were signed with a large independent for four new build rigs in the Bakken Shale.This unit posted its best year ever from a safety perspective with

6、 the total recordable incidence rate declining to 1.92.Results in 2010 should be down from 2009,although virtually all PACE rigs are under contract.Pricing should also improve if the industry rig count continues to climb,particularly for high-specification rigs.PACE rigs are combining with Canrigs R