RES Financial_Report

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Unformatted text preview: nd ga s producers, a nd selected na tiona lly-owned oil compa nies.</font></div> s oil a nd ga s service lines tha t prima rily provide equipment for customer use or services to a ssist customer opera tions. The equipment a nd services include drill pipe a nd rela ted tools, pipe ha ndling, inspection a nd stora ge services, a nd oilfield tra ining services. The dema nd for these services tends to be influenced prima rily by customer drilling-rela ted a ctivity levels. The principa l ma rkets for this segment include the United Sta tes, including the Gulf of Mexico, the mid-continent a nd Appa la chia n regions, a nd interna tiona l loca tions, including prima rily Ca na da , La tin America , a nd the Middle Ea st. Customers include domestic opera tions of ma jor multi-na tiona l a nd independent oil a nd ga s producers, a nd selected na tiona lly-owned oil compa nies.</font></div> font-siz e: 10pt font-siz e: 10pt </font></td> >&#16 0 </font></td> >2011</font></div> >(in thousa nds)</font></div> s chief decision ma ker on a consolida ted ba sis, a nd a ccordingly the Compa ny does not report ga ins or losses a t the segment level.&#16 0 &#16 0 Inter-segment revenues a re genera lly recorded in segment opera ting results a t prices tha t ma na gement believes a pproxima te prices for a rm&#8217 s length tra nsa ctions a nd a re not ma teria l to opera ting results.</font>...
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