(I) (II) 2019 11 11 (i) (ii) (i) –1– (ii) (iii) 2019 10 30 (iv) 2016 11 6 2016 11 9 (v) 2018 12 31 2018 (vi) 2019 6 30 2019 (vii) –2– (i) (ii) 1. 2016 11 4 2017 2018 2019 12 31 2018 2019 2019 12 31 23,095 2019 12 31 25,917 –3– 2. 2016 11 4 2019 12 31 2019 10 30 2020 2021 2022 12 31 2020 1 1 3. 40 –4– 4. 4.1 2019 10 30 2019 6 30 2019 12 31 23,095 25,917 2019 12 31 2019 12 18 2019 12 31 –5– 4.2 2017 2018 2019 12 31 2017 2018 12 31 2019 6 30 2017 2018 2019 12 31 12 31 12 31 14,322 17,695 23,095 2,118 2,827 3,918 340 460 638 2017 2018 2019 12 31 12 31 6 30 13,638 16,965 11,025 1 1,108 1,574 646 1 130 175 49 1. 2017 2018 2019 12 31 2014 2017 2019 –6– 4.3 (i) 2019 6 30 (ii) 2018 12 31 (iii) 2019 12 31 2018 33% (iv) 20% 2019 2018 2019 6 30 6,087 11,025 12 31 10,878 14,421 1 12 31 16,965 25,446 2 1. 2018 12 31 33% 2. 2019 6 30 2019 12 31 2019 12 31 23,095 2,351 20% 25,917 2019 2018 6 30 8,128 2019 6 30 13,552 66.7% 2019 6 30 –7– 11,025 2018 6 30 6,087 81.4% 2016 1 13 26.55 60.00 2014 6 100.26 2 WTI 85 80 75 70 65 60 55 50 45 40 17 10 17 12 18 2 18 4 18 6 18 8 18 10 18 12 19 2 19 4 19 6 19 8 2018 9 81.20 2018 4 35.7% 2018 12 52.24 120 2019 27% EIA 2019 60.00 2019 1 63.39 2020 62.00 1 https://www.eia.gov/outlooks/steo/report/prices.php –8– 2019 2019 12 31 2019 14,421 10,878 32.6% 2019 12 31 25,446 2,351 2,351 20% (i) 2019 6 30 81.1% (ii) 4.4 2019 12 31 5. 5.1 2019 10 30 –9– (a) 1982 (b) (c) – 10 – 5.2 2017 2018 2019 12 31 2017 2018 12 31 2019 6 30 2020 2021 2022 12 31 2017 2018 2019 2019 12 31 12 31 12 31 6 30 14,322 17,695 23,095 13,638 16,965 11,025 2,118 2,827 3,918 1 1,108 1,574 646 340 460 638 1 130 175 49 1. 2017 2018 2019 12 31 2014 2017 2019 – 11 – 2020 2021 2022 12 31 12 31 12 31 40,044 52,058 67,675 5,397 7,169 9,534 600 797 1,059 5.3 2017 2018 12 31 2019 6 30 2020 2021 2022 12 31 2020 2021 2022 12 31 (1) 2020 2021 2022 12 31 (2) (3) 20% 2018 2019 2018 35% 2019 27% 2.70% 2019 9 5 EIA 2019 63.39 2020 62.00 IHS Markit 10% – 12 – IHS Markit 2017 2018 12 31 2019 6 30 2020 2021 2022 12 31 2020 2021 2022 12 31 2017 2018 12 31 78% 2020 2022 2019 2019 81% 83% 8.0% 2017 2019 6 – 13 – 30 7.4% 2017 2019 6 30 9.6% 10.0% 20% 2017 2018 95.2% 95.9% 2019 12 31 25,446 23,095 110.2% – 14 – 2017 2018 2019 12 31 12 31 6 30 17,459 21,887 13,552 13,638 16,965 11,025 78.1% 77.5% 81.4% 2017 2018 12 31 2019 6 30 77.5% 81.4% 83.0% 2022 12 31 2022 30% (i) 2020 (ii) IHS Market 10% (iii) 2019 (iv) – 15 – Markets and 2 Markets 2017 2022 3.35% 2022 1,255.1 3 (2016-2030) 2018 12 31 621 497 24.9% 4 2019 2019 12 31 700 800 2018 12 31 12.7% 28.8% 2019 6 30 337 60.5% 86 109.8% 181 46.0% 2 h t t p s : / / w w w . m a r k e t s a n d m a r k e t s . c o m / M a r k e t - R e p o r t s / o i l f i e l d - s e r v i c e s - m a r k e t -263907746. html?gclid=EAIaIQobChMIk_KUn9aQ5QIViWkqCh14-gO2EAAYAiAAEgKkDPD_BwE 3 http://www.gov.cn/xinwen/2017-04/25/5230568/files/286514af354e41578c57ca38d5c4935b.pdf 4 https://www.cnoocltd.com/art/2019/1/23/art_32091_15284095.html – 16 – 64 45.5% 5% 2022 12 31 30% 75% 2022 12 31 30% 2022 12 31 30% 2017 2018 12 31 2019 6 30 2020 2021 2022 12 31 20% 20% 20% – 17 – 2017 2018 12 31 2019 6 30 2014 2017 2019 2017 2019 6 30 7.4% 8.0% 20% – 18 – 2017 2019 6 30 2017 2019 6 30 9.6% 10.0% 20% 5.4 2020 1 1 2022 12 31 – 19 – 5.5 5.6 1982 1982 6. – 20 – (i) (ii) (1) (2) (3) IHS Markit (www.ihsmarkit.com) Clarkson (www.crsl.com) Rigzone (www.rigzone.com) IHS Markit Clarkson Rigzone IHS Markit Clarkson Rigzone – 21 – IHS Markit Clarkson Rigzone Rigzone IHS Markit Clarkson IHS Markit Petrodata World Rig Forecast IHS Markit Petrodata Seismic Quarterly Report Clarkson Offshore Drilling Rig Monthly Clarkson Offshore Intelligence Monthly IHS Markit Clarkson Rigzone 12 10% – 22 – – 23 – (a) (b) (c) – 24 – (d) (e) (f) (g) 2019 11 11 1 6 – 25 –