Contents:

Section 1 Overview A. Overview B. Behind the Numbers C. Presentation of Data D. Distribution of Ratings E. Methodologies F. Survey Structure Section 2 Summary Results Section 3 Ratings by All Respondents A. Total Satisfaction B. Product & Manufacturer Attributes C. Global Regions D. Product Categories E. Well Types F. Applications Section 4 Ratings by Respondents From Multinationals & Large National Oil Companies A. Total Satisfaction B. Product & Manufacturer Attributes C. Global Regions D. Product Categories E. Well Types F. Applications Section 5 Ratings by Respondents from Independents, Regionals & Smaller National Oil Companies A. Total Satisfaction B. Product & Manufacturer Attributes C. Global Regions D. Product Categories E. Well Types F. Applications Section 6 Ratings by Primary Decision-Makers A. Total Satisfaction B. Product & Manufacturer Attributes C. Global Regions D. Product Categories E. Well Types F. Applications Section 7 Survey Outline

Summary:

Attributes Rated - Overall satisfaction - Willingness to recommend - General price levels - Price competitiveness vs. competitors' - Prices paid for quality received - Ability to perform to specifications and expectations - Durability and length of life - Adequacy of in-house quality controls and inspection processes - Health, safety & environmental features and performance of products - Degree to which products and upgrades are value-adding - Technical soundness and sophistication of products - Ease and cost of installation, operation and maintenance - Degree to which products are delivered on time and as ordered - Adequacy of inventory held by company and / or distributors - Geographic coverage of company and its distributors - Quality, reliability, and responsiveness of sales personnel and representatives - Quality, reliability, and responsiveness of technical personnel - Quality, reliability, and responsiveness of field personnel - Accountability, flexibility and responsiveness after sale - Strength of product warranties and guarantees - Availability, cost and quality of replacement parts and refurbishments - Depth & breadth of product offerings - Quality and availability of product performance data and documentation - Overall capabilities and resources of company Profile of Survey Participants - All indicated having "significant experience" in selecting or utilizing wellsite / drilling equipment and materials. - Participants from U.S. and international supermajors, majors, independents, NOCs, drilling contractors, and upstream consultants. - Over 90% indicated having primary decisionmaking responsibility or involvement in the product selection process. - Over 85% of respondents indicated having 10+ years of upstream experience; over 60% indicated 20+ years of experience. This flagship report contains 450+ pages of data, tables, graphs, background and other details from our 2005 Wellsite / Drilling Equipment & Materials Survey. Contents include 1-to-10 point ratings, scaled scores, top-to-bottom rankings, evaluation counts, category means and medians, high and low ratings, and ratings consistency measurements. Ratings Across Multiple Segments Product Categories - Drill Bits - Downhole & Directional Drilling Equipment - Drilling Materials - Rig & Drilling Equipment - Fluids & Chemicals - Completion Equipment & Materials - Oil Country Tubular Goods - Wellheads & Trees - Production Equipment - Artificial Lift Equipment - Offshore & Subsea Equipment Respondent Types - Multinationals & Large NOCs - Independents & Regionals - Primary Decisionmakers Well Types & Applications - Onshore - Shelf - Deepwater - Horizontal & Directional - Managed-Pressure - Heavy Crude - CBM - HP/HT - Harsh Climate - High H2S

Companies Mentioned

- ABB Vetco Gray - Aker Kvaerner - Baker Hughes - BJ Services - Caterpillar - Cooper Cameron - Davis-Lynch - Derrick Equipment - Dril-Quip - Expro Group - FMC Energy Systems - Gardner Denver - Grant Prideco - Halliburton - Hydril - Lufkin Industries - M-I SWACO - NATCO Group - National Oilwell - Precision Drilling - Schlumberger - Scientific Drilling - Smith International - Tenaris - V&M Tubes - Varco - Weatherford International - Wood Group.