Oilservicecompaniesareinvolvedineachphaseoftheoil&gasindustryvaluechainOilandgasindustryvaluechainuEpemienpeoioTongonnionngEooeingsoeneaLnatt!inngeconroctonIoremsenppoaen,:一“。一E-一一“。1英“李“伟多仁寸怡c二二一二诊CApABIumgs:ExpLORAnoNeAckuPKeytoearlystageexploitation,thissectorisdominatedbyafewtechnologicallysuperior,reputableplayersExploraton(earystage:seismic&survey)ScopeDmversesues“TeintalphaseinpetaleuncpertonsaIneudes-genertonofapspectorpleyorbohihougseemicsueys-diingofanemicatenvelKeysuecessacoeDnvenbyE&Pivesmenteanyoecape-tlobeafecledbyanybudgetoutsPlyesaemomngaveyenmuliclentspeculatvesureyshathasbeonanatybusnessmedaEdersveduatyestucuingsnce2000-qrersmegeroimpivspofiabltyPlyersEdensvedaslbenesRepuatonandsucesseconReenioncfiespecedepetsSietariedhnaogy-curent30lbesuperededby4Dimegng-Stengcienmlstonspnnotagebusnessmodels-ayayfommuticiensueywokPlovdeaninegriedseniceofdagacqssitons-DomiatsdbyahendofWesemcompenleseeconuol7SXofmaet(USD6bn)Wesemeco84%CeoplysiqueG359PGS(l6M8CP0%)-fsslgowngChnesecompamyBaterHughesHCAppBiUmgs:DRlLLNGAckuPDrig,thefundamentalexploitationactivityisusuallymanagedinhousebyoilgascompaniesorsourcedtospecialistsDnilingmanagement(exploration,development&operationdriiing)ScopeDmverslesues-DnimgmanagementneudesDningandcompleionweldesonOnstesupevisonofdilinoandcompletonopetionsPocunementofeiiipnentandenicssCostsscheduinKeysuecessacoe-DvenbyboteanyoyecapexxplocsionandmidaoecapexdeveopngedstngdRlactviyisanindcaprofsecerheatn-7O%ofglbalngactityiinHonhAmencsRleuilsaionhasbeenathighlevelespecalyinewiterslpsecor.OucoucngndiahinboomimesPloyersMenpoversoucngandeenton-espeselylorofehoecewesEgpenenceinnelevertfeldiegonAecessandapplcstonoflaestieomaloayCeseleomicalcolabomionwitncentDeiveimgsemcesinaimeyandcostefectvemanerComeciyacossqupmentandsenicessuppleescenealyofehorplyersaregobalwhieonsoepayesaeegomaI0Cs&NOCs-8PXOM,ShalLPetorasetc-DniimgSpecafsts-Sapem-Aebat-SeadnlDniingmarsgementspecifal-HousonDriingMaragement-AbedeenDlngMenagenenCApABIUTEs:ELDDEyELOPMENTAckuPAftercovery,fielddevelopmentiscarriedoutoncommercialfieldstoastateofoptimalproductionFielddevelopmentSoopeDmerlesuesnudesdevelopmentofastosuraceesenvormedeldrairsgephiosophy.afeddevelepnenplanlechnooayseectonsubsuraceyellocatonsandweldesgnandengreenng-AndpenecuionofihepenncudrgvelcorsiucionsufeceachtydeiouandnsaltitoandongongopettinalnnacerenKeysuecessacoe-DvenbyboteanyandmidoyoecapexdevelopngsstngfedyAeitylevelintssecorcoseyassocaledwipogctppeinePlyers5upenorpieaimeragementls-Stongleqicaldigence-AlgrceswtnNOCs-StongconmemileficencesandntelectalcaptalAccesslocapalmatetslorlagelonglempmiectAccessnewpoftablenesoucess-MestpayesheveowbookedresenesorlongemooselnitcontactsWihcentsIOCs&Nocsniegatedspecatst-Halibucon-SchonbegerCAppBiumgs:&cAckuPConstructionofoilandgasfaciesisbecomingmorecomplexandexpensive-largecapableplayersdominateEngineering&ConsiructionScopeDmveryesuesDesgnandbuldngool&gasinsalatons(ofehoe,onshomup.Imid&downshean)voves-conceptpamg-FEED-tonendengneeng-pocuementnstilaton.constoeto-ComissonnganjmainerinseEiFlEPcWKeysuecessacoeDenbymidaecapexEnstngpmiectsandenderaeaoiiybaomeieIneessngateralcostEqupnentandmanpowerinshotsuppyContecoritnggeaershamofexecutonnstsFPreisesgensalywardejcilumpsununkeyLLSMestPloyers-StongleomcalandnencalcapablitessspolectambecominglegerandmocomgplexReentonanddeploymentofspeclstaoossbewotdSupororpiecimanagementshitEfececonuactnegotatons-I0c-8PSnalLfoual-NOC-Peuonas-Specalsts-AerkavenarPeuolcTecnip-AcegyHaltbononScionbeerCApABIUmgs:pgooucTioNAckuPProductionoperationsaretypicallyperformedbyresourceOwnersorthroughproductionsharingcontractswithpartnersProductionoperationsScopeDmversesues-Thephasebatoccustersuccesslulemploniion-Dvenbylateoyeecpexanddevelopmentandduingwiichiydocatonsa,AclviylevelinthssecordioseyassoceledwitdnedfomanolorgesfaldInvolessuppdemanddyranics-Facliyandmanposermanagerent-Resernormanagenei二Appopnalenecoviynerois1esuiridiiefagesKeysuecessacoePlyers5upenorpieaimeragementshits.IOcs&NocsStongleqiicaldigence-mecowenymelodinependents-AlgrceswtnNOcs-PauoCenadaAccessnewpoftableresouces-HustyAccossloatacivepoductmate-SpecalatsCAppBIUmgs:sERvoIRheTAckuPDuringproductiontheplayersalsoprovidingdownholesservicesarebestpositionedtomanagereservoirsReservoirmanagement(production)ScopeDmeryesues-ThemarshaltngofalappmpratebusnesslecicalandopertngresoucesoeqplolaesenoroptmalylomdecoveryioabendonmentIeudes-Dataloogng&inemelaton(nessuewhilednilng.MWD.loainewhledtngLWO)-Resemoroptmissio18surieiancesriele-AssetmanagerontpanKeysuecessacoe-DvenbymidoyclecaperdeveopngesstngfaldaandaiecyeieopexAeiyevelinHssecorcoseyassocaledwinngacity-DivetoenablepoductondecsionsobeoptmizediisconienolopsacrepuinissgoalPlyersTechnooeycsmutemoniorandcontolinrealHmeallhekeypocessesbatoccurWihinenesenorandpducionsysienmMolidecpinanwokocewtocanintegnategeoscencesptocessengneotngandbusnosssowareLonglemcientmttonshpwWihpioolongtembusnessgoats-Peyeesactveinthedowhoesemcessecerniegated-Haliburon-Schunbeger-BekerHuaes-Specalsts-E-WoodGmupDuringpast10years,oilfieldserviceindustryhasgrownquickly,especiallyfrom2003to2008HistoricalmarketgrowthHetoncalonsercesmaretstze8ezo0g)aaontso“In2007.heoalolfedsericemaeti246MionUSD,inosesedby16%compamdioheusin2006eneielstecimigmosandnoeatoactveneseyeammainybecauseeEspimestnentgowesieadiy,duebeinceasesinolptcein2008heloalmatetisestmatadwoudeseeed265fionuSDH8820002001200220020042005200820072008pnOilfieldservicesconsist33segments,offshorecontractdrillingandoffshoreconstructionsservicesarethelargestOiieldserviceindustryMarketShare(2007)01008X-2468USD。SoiisconuotWocelenspemtOoer、CoeoaiaSpecoyoerieasWelserengwesctyiecalzxy一&QFDeclalongsovesConpetonEyipmenttsenesDomosconetenusPesuePunpnaseneesWeinaloggoseweiesc东EdongreucoussIepononcouoTeonpserenyVcreaConymeenseveneCoergsergiercesrosgesenuvceUnHngicspnisininttCntCeannotnLncLnnacononomingNowadays,NOCsaregrogquicklyastheleaderofoilE&Pmarket;NOCscriteriaofchoosingoilservicecompanybecomesthekeysuccessfulfactorforthesecompanies1870-20089cbeloliesenesdstibutonIoc仝。Noc18702008“senglhenecontolofenegymestcountiesrelsteheolfiadsandbackenatoraloldevelopmentcompanisAlegenunberoflOColfeldsstiheleststageofdevelopmentwitndeceasingproducionSomecouniiesenegolatehesignedcontacltsqpeezelOCspoftsSumcinogteeiipoercesalfcInermatonal1Natonalcompany、alcompany“nsoe“Mnetenened“Seeomstsiongwopotonposcimvea“Cence“EqeendedosesersdcEppotes1spostoneonamseneseyeefcantrannngayeyecnn1ana1nsouss“CiemsFs。cpenton1bcsgoenmeneconeoeeeesMerepeeeedTedncl。popamenegeretE1sndendioaneadiutsa1connantinp1oMfedsevces“_4