Nabors Industries Ltd. (NYSE:NBR) Q4 2019 Earnings Conference Call - Final Transcript

Feb 21, 2020 • 11:00 am ET

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Nabors Industries Ltd. (NYSE:NBR) Q4 2019 Earnings Conference Call - Final Transcript

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Presentation
Executive
Anthony G. Petrello

We have made enormous progress in our strategy of fleet modernization, international strength, integration of drilling services into the rig, and automation of the drilling rig and the drilling process.

Several of our technologies already contribute meaningfully to our results. We are now commercializing a number of our automation initiatives. In addition to continued penetration from our NDS mainstays, we expect our drilling automation software to start moving the needle in 2020. And, with initial deployments in automated rig floors offshore and automated pipe handling on land, we still have gains ahead of us from the robotization of the rig.

That concludes my remarks this morning. Thank you for your time and attention. With that, we will take your questions.