Oil States Industries (Asia) PTE Ltd IADC Well Control Asia Pacific Conference 18-19 November 2009 Bangkok, Thailand

Maintaining the Fundamentals of Equipment Integrity

Oil States Industries History

Oil States Industries, Inc. was established in 1942 as a local manufacturer of elastomer products for the domestic oil field market. Since then, the company has grown and diversified to become a major provider of products and services to many aspects of the petroleum industry throughout the world.

Oil States International Organizational Structure

PARENT COMPANY

Listed on NYSE – OIS 6,000 Employees Globally Headquarters in Houston, Texas

Offshore Products

Tubular Services

Well Site Services

Maintaining the Fundamentals of Equipment Integrity

Oil States Philosophy 9

Local presence in appropriate markets

9

Capability across multiple product remits

9

Inventory of strategic components

9

Certification and Accreditation

9

Provide Quality and Value from Repair through installation

Maintaining the Fundamentals of Equipment Integrity

Oil States Philosophy Local Presence and Capability 9

Support of rig operations in USA, Brazil, United Kingdom (Europe/Africa) and Singapore (Asia Pacific) with appropriate facilities and expansions

9

Full range of Capital Drilling Equipment repair and refurbishment

9

API Certified Repair Services

9

Full range of Conductor and Casing Products

Oil States Industries (Asia) Singapore Operations

Operations/ Workshop Supervision

2

Sales/ Sales Admin

5

Accounts/ Procurement

5

Project Engineers

4

Welders

12

Machinists

4

Fitters

5

General Workers

9

QA/QC

6

Offshore Service Dept

2

Stores/Maintenance

2

Contractors

22

Total

78

Oil States Industries (Asia) Singapore Operations

Capabilities

Oil States Industries (Asia) Singapore Operations

Marine Riser Manufacturing and Repair

Oil States Industries (Asia) Singapore Operations

Surface and Subsea BOP Stack Repair

Oil States Industries (Asia) Singapore Operations

Conductor and Casing Fabrication

Oil States Industries (Asia) Singapore Operations-Expansion

Expansion in Reaction to Market Conditions

Oil States Industries (Asia) Singapore Operations-Expansion

New New Location Location

Present Present Location Location

Oil States Industries (Asia) Singapore Operations-Expansion

Maintaining the Fundamentals of Equipment Integrity

Example of support considerations

Maintaining the Fundamentals of Equipment Integrity

Delivery of new Flex Joint can run up to 32-36 weeks Due to strategic supply of critical components in inventory and local manufacturing capabilities, lead times for repair to full warranty runs about 12-14 weeks CapEx and OpEx are significantly reduced as a result of inventory management and manufacturing locally

Maintaining the Fundamentals of Equipment Integrity

Maintaining the Fundamentals of Equipment Integrity

Quality

Maintaining the Fundamentals of Equipment Integrity

Quality Policy Oil States Industries (Asia) Pte Ltd, as a manufacturer of Oilfield Tubular Connectors, Marine Riser Systems and provider of Repair and Refurbishments services to the Oil and Gas Industry, is committed to providing customers with products and services, that meet or exceed customer specified requirements and accepted industry standards. Oil States Industries (Asia) Pte Ltd is will: Establish and review quality objectives for continuous improvement through our quality management in accordance with the requirements of ISO 9001:2000 and API Spec.Q1 standards. Communicate to all employees the awareness of this policy to enhance the profitability of the company. Review policy to ensure continuing suitability.

Maintaining the Fundamentals of Equipment Integrity

Oil States Industries

Visit our Web site: www.oilstates.com

Questions or comments?? Thank you!