Technology: Improving Exploration and Production Success, with Environmental Benefits

Technology ==> Efficiency ==> Production

• The Domestic Trends are Toward
  • Increasing Demand for Natural Gas
  • Increasing Demand for Petroleum
  • Continued Decline from Proven, Developed, Producing Domestic Reserve Base
  • Flat to Limited Growth of Employees in Extraction Industry
  • Flat to Limited Growth in Drilling & Service Fleets
• To Meet Increasing Demand with Decreasing Resources, More Efficiency & New Technology Must Continue to be Developed & Deployed - With Environmental Benefits