EnerCom’s The Oil & Gas Conference 18

August 11 - 15, 2013 Denver, Colorado

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Three principal business lines:

1. Reservoir Description

2. Production Enhancement

3. Reservoir Management

Slide 1

The Deepwater Era

Core Lab’s operational focus remains on crude oil-field development projects, with growing emphasison delivering technology to our clients to assist intheir efforts to maximize the return from theirdeepwater developments.

Slide 3 The Deepwater Era

EnerCom’s The Oil & Gas Conference 18

August 11 - 15, 2013 Denver, Colorado

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Slide 6 The Deepwater Era

Primary Business Drivers

1. Reservoir Description: Laboratory-based Services with International& Oil Focus

2. Production Enhancement: Products and Services for Wellbore Completions – 2/3 North America & 1/3 International

3. Reservoir Management: Global Focus

Slide 4 The Deepwater Era

Presentation Walk-away Points:

• How a Reservoir Actually Works

• The Decline Curve Will Always Win

• Core’s Differentiating Technologies

• Core’s Industry Leading Shareholder Returns

Slide 5 The Deepwater Era

Our services and products focus on maximizing production rates and ultimate reserves to maximize our clients’ return on their investments.

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Slide 9 The Deepwater Era

The Decline Curve

Core Lab provides services through its three operating segments at points all along the decline curve:

Reservoir Description Production Enhancement Reservoir Management

Slide 7 The Deepwater Era

Core Lab targets the more stable, less volatile, production and production enhancement component

of the oil companies’ budget.

Slide 8 The Deepwater Era

The Lower Tertiary in the deepwater Gulf of Mexicobrings new technological challenges for operators.Our services and products are used to maximizerecovery from these reservoirs where ultra highpressures and temperatures make exploitation achallenge.

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Slide 10 The Deepwater Era

Reservoir Description

Our first business unit – Reservoir Description – analyzes actual reservoir rocks and fluids to provide data sets that accurately characterize the reservoir.

These precise measurements create the “base truth” from which to build the field’s reservoir optimization model. These measurements are invaluable in order to determine probable versus proven reserves in-place.

Slide 11 The Deepwater Era

Reservoir Description

Leaders in rock property analysis

from the traditional perspective to …

Slide 12 The Deepwater Era

Reservoir Description

… the most advanced.

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Slide 13 The Deepwater Era

Reservoir Description

Leaders in reservoir fluid analysis …

Analyses of reservoir fluid properties are gaining in importance as the fluids (e.g. – oil and gas) are indeed the economic driver in the reservoir.

Slide 14 The Deepwater Era

Reservoir Description

The value of crude oil is directly related to the amount of gasoline that can be refined from the particular crude oil being produced. Our clients want to know the characteristics of their crude oil to better assess the economics that can be obtained from the crude oil and its derived products.

Slide 15 The Deepwater Era

Reservoir Description

Many developments in the deepwater plays will face theprospect of lower than average natural recovery rates.These fields are oftentimes undersaturated in natural gas– which reduces the drive mechanism for naturalrecovery. Ultimately, these fields will need secondary andtertiary field flood techniques to maximize their ultimaterecovery.

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Slide 17 The Deepwater Era

Production Enhancement

The high pressures and temperatures encountered inthese deepwater environments present challenges for theinstrumentation and equipment that will be used in thesehostile reservoir conditions. Our new HPHTTM Ultra High-Pressure-Ultra High Temperature perforating system wasdesigned for the challenge.

Slide 18 The Deepwater Era

Production Enhancement

Our HPHTTM perforating system was recently developed toprovide superior penetration into these reservoirs – oursystems will work in conditions where temperatures canreach 350⁰F and pressures can reach 25,000 psi.

Slide 16 The Deepwater Era

Production Enhancement

Our next business unit – Production Enhancement –provides products and services designed to minimize formation damage and maximize production flow rates.

The Goal - optimizing reservoir value.

Following is a case study of the application of our services and products aimed at enhancing production from long-reach horizontal well bores being drilled to exploit shale reservoirs.

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Slide 20 The Deepwater Era

Production Enhancement

The PackScanTM Imaging Tool

Gravel pack completions may be required in reservoirs thatare friable as operators will seek to protect productionequipment from damage caused by fine grain particlesflowing up the wellbore with the produced hydrocarbons.

Slide 21 The Deepwater Era

Production Enhancement

The PackScanTM Imaging Tool

Our imaging diagnostics is designed to evaluate theeffectiveness of the gravel pack completion beforeproduction begins. Several of our proprietary servicesare used to determine the competency of the gravelpack.

Slide 19 The Deepwater Era

The PackScanTM Imaging Tool

Introducing our newest diagnostics application forcompletion evaluation in the deepwaterenvironment…

Production Enhancment

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Slide 22 The Deepwater Era

Production Enhancement

The PackScanTM Imaging Tool

After placing our tracers within the flow of the gravel downthe wellbore to create the gravel pack completion, ourproprietary SpectraScanTM tool will determine the extent ofthe gravel pack in the screen area at the reservoir face.

Slide 23 The Deepwater Era

Production Enhancement

The PackScanTM Imaging Tool

Slide 24 The Deepwater Era

Production Enhancement

The PackScanTM Imaging Log

This is the end-product delivered to the client – a visualrepresentation of the wellbore where the screen and thegravel pack were placed. Importantly, our diagnosticscan show the operator whether the screen is effectivelyprotected by the gravel pack or remedial work is neededto ensure an effective pack is in-place prior tocommencing production.

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Slide 26 The Deepwater Era

Reservoir Management

Maximizing production and recoverables oftentimes can be increased by designing and implementing a field flood. Effective field floods can be done using water as the flooding agent, or even by using carbon dioxide or nitrogen. Or, let us design a miscible gas flood by reinjecting natural gas along with CO2 and Nitrogen.

Under laboratory conditions, simulating reservoir temperatures and pressures, we can design optimum field floods.

Slide 27 The Deepwater Era

Reservoir Management

Core Lab has been developing high-pressure miscible gas injection technology to address the challenges of maximizing oil recovery in undersaturated deepwater fields.

Reservoirs that are undersaturated in natural gas may produce fewer original barrels in-place. To optimize daily production and maximize ultimate recovery, the operator needs to keep the crude oil saturated with natural gas and keep that gas in solution by maintaining reservoir pressure above the bubble point.

Slide 25 The Deepwater Era

Reservoir Management

Our third unit – Reservoir Management – focuses on leveraging the knowledge gained from the data sets we created in our Reservoir Description unit along with our Production Enhancement projects to solve reservoir-wide issues which a client may have.

Our integrated approach is designed to help clients solve wide ranging production problems they may be incurring.

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Slide 28 The Deepwater Era

Reservoir Management

Many deepwater fields are undersaturated in natural gas which can lead to lower ultimate hydrocarbon recovery that could lower an oil company’s return on investment.

Here we start with a pressure maintenance program done by reinjecting natural gas into the oil field to enable maximum production at this point in the field’s life.

Slide 29 The Deepwater Era

Reservoir Management

Based on the results from our reservoir characterization analysis, we can make recommendations on how to improve the results of a flood. Recommendations designed to increase incremental production can range from changing the flood agent, the rate of injection of those agents, the location of the injector wells, or perhaps, the location of new producing wells.

After a field flood is designed, we can monitor the progress of the flood and analyze the results through our inter-well diagnostics.

Slide 30

Our operating margins have continued to expand as we have been able to develop new technologies - which we then strive to offer our clients throughout our existing international platform. These three growth strategies have been essential ingredients to our improving performance.

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Slide 31

Global distribution system;

70 offices in 50 countries.

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EnerCom’s The Oil and Gas Conference 18 Denver, Colorado August 12, 2013

Notes Page