2015 Summer PESA News

news May – July 2015Volume 69, Number 2 www.pesa.org Upcoming Events CID Annual Meeting September 16-18, 2015Westin of Houston, Memorial City Houston, Texas Emerging Leaders FSO2015 Leadership Forum September 24, 2015 With the newly-formed International Programs Galen Cobb, Halliburton Committee overseeing the FSO Training Program, the course is expanding and providing an even greater CityWest resource for member companies & participants. Houston, Texas The newly-formed International Programs Institute Energy Industry Training graduatesEnergy Educators Sporting Clays Committee oversees the Foreign Service rated the April 2015 FSO course with Tournament Officer Training Program and potential outstanding reviews saying that it was “A international developments. In this great combination of private sector material October 30, 2015 committee, PESA member companies, E&P and government,” and that they “learned American Shooting Centers companies and academic organizations a tremendous amount about the oil and develop a comprehensive FSO training petroleum sector.” In the anonymous course Houston, Texas curriculum and delegate company survey responses, PESA learned that the participation for individual training sessions. FSO graduates favored the combination2015 PESA Membership Luncheon PESA member companies on this committee of intensive industry-focused technical November 10, 2015 will also collaborate on future International programs, balanced with an economic and PESA outposts. policy overview citing an overwhelming James Wicklund, Credit Suisse Committee Chairman Jock Pool is the majority of highly favorable responsesWestin of Houston, Memorial City Director of Compliance at Oceaneering ”Fabulous job and I will recommend this where he is responsible for the global ethics training to my other colleagues!” Houston, Texas & compliance program. Before joining Oceaneering, Jock worked for the UK’s BG- The appreciation for a balance between Emerging Leaders Group where he had overall governance energy technology and economic policy Leadership Forum and risk responsibilities for the company’s in the presentations was expressed in this November 12, 2015 Americas & Europe regions and their Global comment, “As someone with limitedRobert Workman, DistributionNOW Energy Markets businesses. PESA Member background in energy issues, I found DistributionNOW Companies DistributionNOW, GE Oil & the course invaluable for giving me a Gas, Halliburton, NOV and Schlumberger solid understanding of the industry, its Houston, Texas are providing leadership on the committee technical details, and policy issues.” in addition to operators ExxonMobil, Find all of our upcoming events ConocoPhillips and Chevron. The April 2015 FSO class visited FMC at www.pesa.org. The Spring Session of PESA/Foreign Service Manufacturing, the Weatherford training rig, Halliburton R&D Center and heard from In This Issue —FSO continued on page 3FSO.............................Pages 1 & 3Chairman’s Letter................Page 2PESA Perspective................Page 2Executive Address Series.....Page 4Energy Educators.............Page 5Sponsorships............Pages 6-7Oil & Gas 101..........Pages 8-9Horizontal DrillingWorkshop.............Page 10Policy Center.............Page 11OTC 2015..................Page 121 PESA News

Chairman’s America is poised as the direction, but only a complete repeal of the leading supplier in the new era ban would allow America to assume its rightfulLetter of the global energy industry, place as a world leader in energy, support thus we are faced with a vastly changing hundreds of thousands of jobs and bolster geopolitical landscape. The industry now our nation’s energy security. Additionally, more than ever will benefit from alliances allowing Iran to become a major oil exporter of mutual cooperation with all stakeholders while U.S. crude remains stranded will not including government, industry, academia only negatively impact the U.S. economy, but and society. PESA continues to support the will also enhance Iran’s geopolitical position industry by providing access to events and in the world while depriving the U.S. of an programs that inform, educate and support important diplomatic and foreign policy tool. our sector as we manage through these PESA will continue to educate and inform challenging market conditions. on this crucial issue for the industry, and we appreciate your support and efforts toward As part of our ongoing efforts to provide the goal. members with perspectives on the trends specifically affecting the service and supply It is an exciting time to be involved in the sector of the oil and gas industry, Jim Wicklund, American energy market where we stand Managing Director of Credit Suisse, LLC, will at the threshold of many positive changes. give an economic outlook at the November Together we can ensure that we pave the way 10th PESA membership luncheon. for energy policy that gives expanded accessGary Halverson The American energy renaissance demands a to our domestic resources, ensures growthPESA Chairman harsh look at many things, first and foremost for the future energy sector and harnesses aSenior VP & President the outdated policies established back in comprehensive strategy to provide affordableDrilling & Production 2007. PESA continues to share the benefits energy to the world.Systems, Cameron of eliminating the outdated ban on AmericanPESA Officers crude oil exports in order to expand jobs in the U.S. and incentivize higher domestic Gary Halverson production. The recent announcement by the PESA Chairman2015-2016 Department of Commerce opening crude oil Senior VP & President, Drilling & ProductionGary Halverson trade with Mexico is a clear step in the right Systems, Cameron PESA ChairmanSenior VP & PresidentPESA PerspectiveDrilling & ProductionSystemsCameron PESA prioritizes the education a n d m e t h a n e re g u l a t i o n s of elected officials, regulators recently proposed, and actively and other policy influencers supports efforts to lift the Saeid Rahimian on key issues affecting the antiquated prohibition on thePESA Vice Chairman service and supply sector, export of domestic crude oil. and has taken active steps to The newly-formed PESA Policy President & Chief engage in the policy decision- Center on our website provides Executive Officer making process. In promoting valuable information and responsible regulation, PESA opportunities to take action on Energy GroupGardner Denver, Inc. Burk Ellison joined with over twenty these issues and others. PESA PresidentFirst Vice President one industry organizations We are serving members now Leslie Shockley Beyer contributing technical more than ever at this crucial President expertise on the BSEE time by taking a leadership role Energy Branches Blowout Prevention Systems in using our collective voice to DistributionNOW Well Control requirements influence sound energy policy. proposed in April 2015 in an Dave Warren effort to make the rule more Leslie Beyer PESA Treasurer workable and effective. PESA President & Chief has also taken a strong stand PESA President Executive Officer against the restrictive ozone Energy Alloys PESA News is published by: PESA President Connect Petroleum Equipment & Services Association With Us 2500 Citywest Blvd., Ste 1110 Leslie Shockley Beyer Houston, Texas 77042 PESA VP Communications & Member Relations 713-932-0168 Molly Smart © 2015, PESA2 PESA News

James Prince, Global Counsel - Trade Compliance, FSO ContinuedSchlumberger, addresses international trade issueswith the FSO’s. leading energy industry experts at Chevron and Schlumberger. The technical program raised their level of understanding of current energy technologies and better prepared them to represent U.S. energy interests abroad. “The training did a great job of explaining what the different O&G companies specialized in and detailed how the machinery actually works.” “I liked both Dan Domeracki’s (Schlumberger) and Aaron Russell’s (Halliburton) presentations on hydraulic fracturing.” “The Deep Sea interactive discussion at FMC was fascinating.” According to the survey responses, the economic and policy presentations by Rice University and Citi added a fundamental understanding of the international trading, pricing and governmental issues facing energy providers. Participants felt that this portion of the course was extremely beneficial and provided the foundation for a comprehensive overview of international energy trading. “I thought the Rice discussion of OPEC and the discussions of where oil and gas production stand globally and in the United States were most useful.” Overall, the ratings of the FSO course commended the program and expressed sincere appreciation for PESA and FSI for providing this opportunity. “The training was phenomenal. The support of FSI and PESA was invaluable and helped participants get the most out of the course. Thank you so much for this wonderful experience. Even with my engineering and energy background, I still learned an incredible amount from this course.” 3 PESA News

Executive Address SeriesPESA Chairman Gary HalversonEnergy Careers in the Evolving Global MarketplaceThe PESA Executive Address Series to a commitment to integrity in all PESA Chairman Gary Halverson, Sr.at TopGolf began with an inspiring areas including environmental issues. Vice President & President – Drillingaddress delivered by PESA Chairman & Production Systems, and EmergingGary Halverson, Sr. Vice President Be Proud of the Energy Industry: Leaders Committee Member Ronnie& President – Drilling & Production You can be extremely proud of being Kott, Cameron InternationalSystems of Cameron International. a part of the energy industry, whereMr. Halverson who has held posts in we make important positive impacts PESA Advisory Board Member BobAsia and the Middle East, as well as around the world. Funk, W-Technology Link, Emerginga leadership role in Central America “We are a global industry delivering Leaders Committee Member Jignastressed the importance of gaining energy to the most remote parts of Bhakta, GE Oil & Gas, Advisory Boardinternational experience, which he the world. You should believe in Member Kevin Crowley, Forged Prod-said was a career accelerator for him what you do and be proud to be a ucts, Joe Fendley, Forged Products, andpersonally. part of the energy industry,” stated Emerging Leaders Committee Member“It is no longer about selling Halverson. Joe Murphy, Forged Products.products and services to a customer;it’s about listening, understanding, The world is experiencing a global Winning Team: Josh Lowrey, Greg Gil-and bringing solutions to the shift with dramatic political, economic bert (Best Individual Score), Trey Smith &table,” states Halverson, who and industrial changes where technical Kendall Carew, Galtway Industriesprioritizes creativity and innovation innovation becomes a crucial factorfor future global energy leaders. for success. Halverson’s advice toHalverson spent three decades building the energy work force veterans andCameron’s global business platform newcomers alike is to use technologywhich conducts more than two thirds of to differentiate yourself, as a companytheir business outside the U.S. at 300 and individually. Doing a self-global offices. Their forward thinking assessment, he suggests, will helpapproach to seek out new business find solutions to problems, and willopportunities wherever they might be contribute to your own success. Yourhas helped them play ahead of the responsibility is to solve problems.curve and create massive opportunitiesof expansion into frontier markets. Halverson, who was elected PESAThe main components for a rewarding Chairman in 2015, strongly supportedcareer in energy outlined by Halverson: getting involved in this growingEnjoy Your Work: Don’t get hung up on organization. “PESA continues totitles and use opportunities to expand evolve and you can benefit byglobally to learn more about the entire finding a way to contribute by joiningspectrum of the energy landscape. a committee or attending seminarsNetwork & Find Mentors: Make good and events,” stated Halverson.use of PESA and other organizations to “PESA is becoming more relevantnetwork and find smart people to work in critical areas such as policy workwith and use as mentors. and continues to offer valuableLearn to Listen: Build good teams education and internship programswith diversity of ideas; avoid micro- – we are very excited about wheremanagement and by listening to PESA is going in the future.”customers, employees and policymakers, stay in tune with the ever The TopGolf event presented by PESAchanging global energy space. on July 23 was sponsored by Cameron.Never Sacrifice Operational Integrity: Those attending felt that the eventPart of being successful in your career is was a valuable way to meet informallymaintaining your core values, adhering with executives from many companies and levels within the organization. The4 PESA News afternoon of golf got into full swing as PESA members exchanged their laptops for golf clubs and at day’s end, winners were announced.

IPAA/PESA Energy Education Center’s Externship Banquet Honors StudentAccomplishments“The ability to provide affordable, reliable energy changes lives. I hope you tell your friends ‘I’m going to changethe world and I’m going to do it in the energy industry’,” said Texas Railroad Commissioner Ryan Sitton to IPAA/PESA Petroleum Academy externs.The energy industry’s positive impact aspects of supply chain, material impressive.on improving people’s lives was the management and material control. “If The externs spoke about how welltheme of Railroad Commissioner Ryan there was one thing I could change, it this program helped them prepareSitton’s address to graduates at this would be to have more time to spend for college. Paige, FMC Technologiesyear’s IPAA/PESA Externship Banquet.  with the company,” Luis commented. Extern and Georgetown University“Energy has made more changes that Students were selected from Milby Freshman said, “I speak for myselfaffect mankind than any other industry High School, Westside High School as well as my colleagues when Iin the history of the world,” stated and Young Women’s CPA and after say that working at FMC not onlySitton, as he encouraged the high attending a two week intensive study expanded our knowledge aboutschool juniors and seniors to consider at one of sixteen companies received engineering but helped narrowa rewarding career in the energy their certificates of completion and down our choices on whichindustry. college scholarship at the banquet. engineering disciplines we willThe expanding IPAA/PESA externship PESA Board Member Pat Bond, study. We thank IPAA, PESA andprogram, now in its sixth year has President and Chief Operating Officer, FMC for this wonderful externship.”graduated 394 students to date. The LTR, interviewed parents about the PESA Member Companies thatprogram is designed to provide hands- impact of the externship on their hosted externs were Cameron,on training to high school students children. All the parents interviewed DistributionNOW, FMC Technologies,at energy companies as they plan remarked on how the externship lit a Halliburton, Schumberger (picturedtheir future career paths. An extern at fire in their children, motivated them top) and Weir Oil & Gas.DistributionNOW enjoyed the hands- to work harder in school and promotedon experience learning about various a level of responsibility and maturity in their children that was enormouslyIPAA/PESA Teacher of the Year AwardPESA Energy Educators Chairman “I am deeply honored to accept background in corporate engineeringGalen Cobb presented the teacher this award and consider it a which he incorporates when teachingof the year award to Jeff Stear, from highlight of my career,” stated Jeff his students.the IPAA/PESA Petroleum Academy Stear. “The extensive network of “It is important to help studentsat Milby High School in Houston. IPAA/PESA petroleum companies prepare for a future in engineeringThe award was presented at the IPAA involved in this program has by engaging them in real-world,Annual Meeting in Santa Fe New assisted thousands of students.” project-based learning environmentsMexico and is given annually to an Mr. Stear, a retired U.S. Air Force Major, that begin to teach engineering tasksexceptional educator involved with has led many successful initiatives in his before graduating,” states Stear. “I aimthe IPAA/PESA Petroleum Academy two years at the Petroleum Academy to help them prepare for future studiesprogram in recognition of teaching at Milby. Mr. Stear has a Master’s and careers in engineering which allexcellence and commitment. degree in Civil Engineering and a begins here at the Milby Petroleum Academy thanks to IPAA/PESA.” 5 PESA News

2015-2016 Corporate Sponsorship Opportunities As the go-to resource for the oilfield service and supply sector, the Petroleum Equipment & Services Association (PESA) conducts widely-recognized trainings, seminars and networking events. Sponsoring any of these programs will provide the opportunity for PESA member companies to connect with other upstream oil and gas industry professionals and showcase corporate presence. Sponsorship packages are available for many event types at a variety of levels. If you have any questions, contact Molly Smart, vice president of communications & member relations at [email protected]. Energy Educators Sporting Clays Tournament October 30, 2015 Proceeds from this annual event support PESA’s education outreach programs & annual contributions to the IPAA/PESA Energy Education Center, the Offshore Energy Center in Galveston and the NEED (National Energy Education Development) program. Explorers of Houston Golf Tournament March 3, 2016 The Explorers of Houston golf tournament supports our Explorers of Houston Award Program and PESA’s annual contributions to the IPAA/PESA Energy Education Center, the Offshore Energy Center in Galveston and the NEED (National Energy Education Development) program. Annual Meeting The Grand Del Mar San Diego, California April 6–8, 2016 Multiple sponsorship levels are available for PESA’s premier meeting, connecting members with customer company executives and industry peers in an intimate environment. 6 PESA News

Washington, D.C. Fly-InCongressional ReceptionMay 22–25, 2016PESA members will engage with policy makers andinfluencers on Capitol Hill about key issues that affect theservice and supply sector.Oil & Gas 101Fall 2016Oil & Gas 101 gives an overview of the exploration, drillingand production phases of oil and natural gas wells as wellas presentations on related petroleum industry subjectsincluding economics and refining. Multiple sponsorshiplevels are available.Executive AddressSeries at TopGolfSummer 2016The PESA Executive Address Series is an opportunity tohear first-hand what’s on the minds of industry leaders. ThisAddress is held at TopGolf and is one of the most popularEmerging Leaders events. One corporate sponsorship isavailable for this event.Topical SeminarsSupply Chain Management 2016Legal Seminar 2016PESA committee chairmen plan targeted seminarsthroughout the year to cover emerging trends in theindustry. PESA member and customer companies haveinput into these seminar topics and speakers, which haveincluded: health, safety and environment, humanresources, legal, supply chain, global and domesticeconomic forecasts and manufacturing. 7 PESA News

GOail s&101Preparing Future Energy Leaders for a New Global MarketPESA’s Emerging Leaders Committee U.S. is ten times easier than anywhereheld the bi-annual Oil &Gas 101 else in the world,” he said. He statedcourse on May 20-21. This event helps that American oil production needsto achieve the goals of the Emerging to resist further growth in order toLeaders Committee by providing bring the global supply and pricesa “big picture” overview of the back into balance. A key for oilexploration, drilling and production producers and suppliers will be inphases of oil and natural gas, as well using innovation and technology toas presentations on related subjects improve production efficiency, while Subsea Presenter Charlie Weakly, FMCincluding energy economics and exploring new technologies for the Technologies, talks with a transitioningrefining. future. In the history the oil & gas military service member.vssawvHdsSoCOttaepaeksoriaceelntvelrsuienhuspeinloeodaslolseieonrnacsirpodgnpearVidfcotideatitnechrihberkutzgeeeienaiSenasafogtplPgtiiesmirtraroonsiaoeeytgIponnsdnssndoes,nieettdormersrc,taersasratoehnionnhdfnsosonitacidpntneertmetC,idtOohophelnucfiilfsfeaclileeafkalesiatbn“vcwiaDdeoelPaioeaaenndrtrsvorOtosii.ianCohsdtdcngohinphIued’nenos,.ucafctnoikihembfavenoumogiueDatdrrwisyrreluakiiieernnneisqgvqsetdtguhiersusstiyuacoahsit,sposknnelmttmdyngr,hyoeereey,etvdo”nlenteuethrenlersstedofcbmebluuoecdseaeefaptopsnnfunespmitotddrnuinomnelsnepfeiuad.eptatembceeerSrttettes,kchioruout.eehmieerrcvlteecncecediocrhlAoneaeshunealessnaaooordnsdgdnwfgmggnagewitieeinninbiheenc.iwldggelyssstllefficiency programs. “Productivity is PESA, in partnership with USO military a seat. In addition tothe lifeblood of our industry,” stated Houston, also created an opportunity learning the industry vocabulary, IDavison. to support veterans in our industry at was able to talk with those in the the event, working closely with the USO industry which was tremendouslyThe event’s keynote speaker was and member companies to sponsor helpful.”James K. Wicklund, Managing Director transitioning military personnel at OilEnergy Research, Credit Suisse, whose & Gas 101 free of charge. Participants Another positive response fromawards and recognitions include No. received a certificate of completion attendees for Oil & Gas 101 was how1 rankings in Institutional Investor, for use in their civilian job search. A well the seminar helped to examineGreenwich Surveys and the Wall grateful veteran made this comment, and explain the complex issues inStreet Journal’s “Best on the Street.” complementing the support from today’s global energy markets. “IWicklund described U.S. oil and gas PESA and the USO, found it very useful to humanize theexploration and production as best industry and to go into more depthfor private companies, with abundant about how the industry works andresources, personal ownership of “The course enlightened me on dispel myths about the industry,” saidmineral rights and incentive to get how the industry works. Thanks for one attendee. Another specificallyin on the action. “Operating in the providing retiring and transitioning addressed hydraulic fracturing by saying, “The misconception of fracking is something no one takes the time to explain and I would otherwise not know if I hadn’t come to this seminar.” Others who attended the seminar commented afterwards about the high level of speakers. “The speakers were excellent. They provided a realistic look at the industry, why things have happened and what to expect,” said an attendee.8 PESA News

The following companies contributedsubject matter experts for the Oil & Gas 101Training:Baker Hughes, Nick Clem, Director ofUnconventional Completions – NorthAmerica and Ganesh Subbaraman,Engineering Manager Technology –Completions Services – Completions andFlow EquipmentCobalt International Energy, Inc.,James Geary, Sr. Exploration Geologist –Geology and SeismicCredit Suisse, James K. Wicklund,Managing Director – Energy Research– Keynote Speaker on Energy Markets(pictured)DistributionNOW, Brad Wise, VicePresident, Marketing & BusinessDevelopment – Supply ChainFMC Technologies, Inc., Charlie Weakly,Field Development Manager – MajorTenders – Subsea Drilling and ProductionHalliburton, Robert Moran, VicePresident, Government & External Affairs– Policy WatchHARC and Environmentally FriendlyDrilling Systems (EFD) Program,Andra Wilcox, Energy Production –Environmental and Societal Issues of Oil& GasNOV, Karl Appleton, VP Marketing &Strategic Planning – Rig Systems andDrilling the WellOceaneering, Chuck Davison, Sr. V.P.,Subsea Products – Opening AddressSinclair Group, Steve Jacobs, Sr. VicePresident – Oil & Gas – History of theIndustry and Emerging TechnologyViking Oil Tools, Wes Heiskell,President & CEO, Viking Oil Tools – WellIntervention and Well End-Of-LifeWood Group Mustang, Chris Doss,P.E., Process Engineer, Downstream –Refining 9 PESA News

Horizontal Drilling Workshopat Sunbelt Steel: Operating inChallenging Market ConditionsDr. Robello Samuel, a Halliburton Fellow and Dr. Robello Samuel, a Halliburton Fellow and professor at University ofprofessor at University of Houston, led the Houston, led a technical workshop where he presented the principlesHorizontal Drilling Workshop. and challenges of horizontal drilling on July 15, 2015. This PESA workshop was part of an ongoing mission to offer technical training PESA Thanks Our seminars that foster knowledge sharing across many levels of the Generous Sponsors dynamic energy landscape. The workshop was sponsored by Sunbelt Steel, a premium provider of custom built alloy steel to leading energy companies. It was held at Sunbelt’s new corporate headquarters, and also offered attendees a tour of their downtown Houston manufacturing facility. The horizontal drilling workshop focused on innovative technology methods now being used at over fifteen North American hydraulic fracturing sites that condense drilling operations from months into just days. These new technologies include walking rigs easily relocated on sites for multi-pad drilling, and vertical sandcastle designs with solar panels, drastically reducing truckloads and environmental footprint. Dr. Samuel stressed that horizontal drilling paired with hydraulic fracturing now accounts for over eighty percent of drilling, making it essential to develop innovative tools and equipment to withstand harsh environments at depths of up to 30,000 feet. He presented several new concepts in use for well engineering optimization that drastically improve hydraulic efficiency and offered a glance at future optimization solutions. The multi-variable modeling methods used to optimize drilling operations include a list of petro physical properties and drilling optimization challenges such as well integrity, wellbore placement, zonal isolation, drillstring integrity and hydraulics. “Engineering well design optimization is achieved by gathering imaging data in real-time to access and interpret drilling data analytics,” stated Dr. Samuel, author of over eight books and 150 technical papers. “Future leading edge technologies now being researched include fiber optics, multi point sensors, nanotechnology, artificial intelligence and automation poised to advance efficiencies to a new level.” Process engineer at Halliburton and graduate student from University of Houston Aniket Kumar gave examples of modeling done to minimize tubular casing wear and improve drilling operation parameters. Each attendee at the workshop received a copy of one of Dr. Samuel’s books 501 Solved Problems and Calculations for Drilling Operations or Horizontal Drilling Engineering, used as textbooks in his courses at University of Houston where he has taught for twelve years. Breakfast was sponsored by Timken Steel, manufacturer of high performance custom steel products.10 PESA News

New Online Policy CenterService, supply and manufacturing within the oil and gas industry accounts for more than 10,000 companies within theUnited States. As an advocate for these companies and the energy industry as a whole, PESA prides itself on staying atthe forefront of issues that matter. Join us in our effort to bolster the surge in U.S. energy production, grow jobs, supportresponsible regulation, and educate the public through our online policy center. The policy center has infographics andeducational resources with special focus on the issues below at pesa.org/policycenterU.S. CRUDE EXPORTS HYDRAULIC FRACTURINGWATERS OF THE U.S. OZONE STANDARDSVIEW POLICY UPDATES REGISTER FOR UPDATES GET INVOLVED REGISTER TO VOTERead the latest policies Get the latest news and Join PESA members as we Add your voice to thethat affect the service and alerts that affect PESA present a united front on critical industry issuessupply companies of the oil members and industry important issues facing our on the ballot in yourand gas industry. affiliates. industry. community.Government Relations CommitteeThe newly formed Government Affairs Subcommittee was created to establish relationships with policy influencers whichwill expand the reach and influence of the service, supply and manufacturing sector. This Subcommittee will convene PESAmembers for leadership dialogues with elected officials and other events designed to engage and educate policymakers.Kevin Crowley, Forged Products, and Tom Moyers, Cameron, are co-chairing the committee. Leaders from GaltwayIndustries, Schlumberger and Teledyne are also serving. This committee welcomes wider company representation. Formore information email [email protected]. 11 PESA News

PESA Welcomes New AdvisoryBoard MembersThe PESA Advisory Board Members offer their insight to the Board of Directors, reflecting their business experience.Advisory Board Members promote PESA participation within their own companies and strengthen PESA’s membershipranks via their personal industry connections. The PESA Board of Directors nominated and approved three newAdvisory Board Members Chuck Chauviere, President of Drilling Systems, GE Oil & Gas; Steve Fulgham, Chief BusinessDevelopment Officer, Weatherford International; and David A. Paradis, President of Pressure Pumping, Weir Oil & Gas. Chuck Chauviere President of Drilling Systems GE Oil & Gas Eugene Charles (Chuck) Chauviere is President of Drilling, a leading provider of drilling equipment tailored for high pressure, high temperature, and deepwater frontiers. Prior to his current position, Chuck held various leadership roles with Hydril Pressure Control. He was CEO for Hydril Pressure Control beginning in October 2007 and prior to that, Vice President of Hydril Pressure Control. Chuck joined Hydril in 1998 and previously served as Director of Engineering. Prior to joining Hydril, he was employed for 10 years with Cooper Cameron Corporation. Chuck is a graduate of the Stanford University Executive Program and Texas A&M University with a BS of Industrial Engineering. Steve Fulgham Chief Business Development Officer Weatherford International Steve Fulgham joined Weatherford in January 2014 and is the Chief Business Development Officer, based in Geneva. Prior to joining Weatherford, Mr. Fulgham was the Chief Executive Officer of Stewart and Stevenson, a global oil and gas equipment manufacturer based in Houston, Texas, a position he held for three years. Previously, Mr. Fulgham spent 27 years with Schlumberger. His last role was President for North America, where he was responsible for strategic direction of business operations in the United States and Canada. Prior to that, Mr. Fulgham was the Managing Director for Nigeria, Chad and Gulf of Guinea Africa operations, based in Lagos, Nigeria. Earlier positions that he held included VP of Marketing and Sales for North and South America, Marketing Director of Oilfield Services for Malaysia, Brunei and the Philippines, and VP of Operations for Wireline for West and South Africa. Mr. Fulgham holds a B.S. degree in Petroleum Engineering from Texas A&M University. David A. Paradis President of Pressure Pumping Weir Oil & Gas David Paradis was previously the Global Vice President of Sales and Marketing for the company, with offices in Ft. Worth. Prior to joining Weir in 2012, David spent twenty years with Tyco in various positions of increasing responsibility in sales, marketing, and management. His last position with Tyco was Director Global Sales & Marketing for Tyco Flow Control. In this role, he was responsible for managing all aspects of sales and marketing for Tyco Flow Control’s Pressure Management & Instrumentation Division. He has extensive experience in industrial sales and distribution, industrial brand management, global account management, strategy development and M&A activity. David has an MBA and a BS in Mechanical Engineering from Texas A&M University. David and his wife Lindsey have four children: Christina, Abigail, Andrew and Parker. They live in Stafford, Texas.12 PESA News

Welcome New PESA Members 13 PESA News

U.S. Oil and Gas Field First Class Equipment Exports US Postage Paid Top 15 Destinations for Q2 2015 (in U.S. $1,000) 2500 Citywest Blvd., Suite 1110 Houston, TX Houston, TX 77042-3049 Permit No. April May JuneMexico 102,264 57,488 36,727 04805Singapore 22,838 30,353 34,802Canada 13,986 10,195 33,624Venezuela 7,149 33,173 32,958UAE 17,640 22,666 27,320Saudi Arabia 24,535 30,370 22,114China 38,525 27,269 20,274Korea 56,128 7,537 19,006Brazil 35,881 21,993 18,653Trin & Tobago 9,303 6,424 18,514U.K. 24,229 13,124 16,614Angola 17,457 12,572 14,611Russia 13,934 29,649 12,785Argentina 23,046 9,219 9,578Algeria 2,703 14,226 8,119 Subtotal : 409,618 326,259 325,697All Other: 146,620 144,271 116,291Total 556,238 470,530 441,988 Sources: U.S. Department of Commerce & the U.S. International Trade CommissionOT20C15 PESA Leads U.S. Department of Commerce Trade Administration Officials and International Delegations Visits at OTCPESA played a key role in this year’s As the Deputy Assistant Secretary ofOffshore Technology Conference (OTC) Commerce for Manufacturing, Chandra PESA President Leslie Beyer, U.S.conference by escorting Administration Brown oversees a broad portfolio of Ambassador to Kuwait, Douglasofficials and international delegates programs aimed at increasing the Silliman, U.S. Dept. of Commerceto member exhibits. PESA member international competitiveness of U.S. International Trade Administrationexhibits brought award winning manufacturers. She is responsible for Deputy Assistant Secretary Chandratechnology and innovations for offshore boosting U.S. exports of manufactured Brown at Weatherford’s booth withexpansion and also participated in products, helping to create and Steve Green, Global Account Executive.engaging panel discussions on the support jobs for American workers.need to simplify and standardize PESA is at the forefront of this effort position them as a strong internationalspecifications to keep costs down, to support the increase of U.S. jobs energy commerce partner.to allow the faster development of through supporting exports and fairnew projects, and to most importantly trade agreements. PESA member companies were locatedcontinue to improve safety. Also visiting OTC with PESA was throughout the exhibit hall at OTC“Our pivotal role at PESA U.S. Ambassador to Kuwait, Douglas where they showcased the best-in-facilitates the integration of policy Silliman. On May 5, during OTC week, class technology in the competitiveand technology by connecting the Bilateral U.S.-Arab Chamber offshore industry, demonstratingadministration officials and of Commerce hosted an executive the leadership of U.S. companies.international delegations to the roundtable where Ambassador Silliman Several PESA members received thetechnological advancements offered an overview of key business coveted Spotlight on New Technologypioneered by our member and investment opportunities across a Award, which honors innovations thatcompanies and showcased at OTC,” wide variety of industry sectors. significantly impact offshore explorationstated Leslie Beyer, PESA President. The U.S. Embassy to Qatar also and production technology. asked PESA to escort the Qatar TradePESA escorted U.S. Dept. of Commerce Delegation to the exhibits at OTC.International Trade Administration Qatar’s significant economic growth ofDeputy Assistant Secretary Chandra 10.7% per annum since 2008 and tradeBrown and ITA staff members to multiple volumes of over 6 billion, includingmember company exhibits at OTC. 85 million in exports of oil and gas14 PESA News processing equipment and pumps