Question-and-Answer Session
Operator
Thank you. We will now begin the question-and-answer session. (Operator’s instructions) Our first question comes from Jim Crandell from Barkley’s. Please go ahead.
Jim Crandell - Lehman Brothers
Good morning. First question is that I have sort of number of multiple or related questions about WH and I’ll just say all the questions and then you can address them all at one time. First, could you review the mix of WH now, U.S. - not only U.S. international, but also give me some idea on the percentage of business that’s coming from Gulf of Mexico, Gulf Coast? And could you also review your sort of plans for international expansion for WH? And have you revisited those? And then lastly, could you talk about the challenges of becoming a full-fledged sort of rotary steerable company and to what extent will sensor technology, at least over the next year or two be a limiting factor there?
John Yearwood
Okay Jim, so I’ll go through the questions and Margaret can add some of the numbers if I don’t have them. But for your first one, you know the mix between U.S. and international for the WH companies are still roughly around 90% for the U.S. We are seeing with the recount coming down in the U.S. and international not really coming down, I would envision it going forward that that U.S. percentage would come down and the international would go up.
Regarding Gulf of Mexico percentage, I really don’t have that number but two-thirds of their business is in the Texas, Oklahoma - so I’d say Texas, Oklahoma, Louisiana area, I would say probably two-thirds, 70%, somewhere there. The international expansion, no we’re not revisiting that at all. We had a game plan that was developed in the fourth quarter. We have submitted tenders in various international locations. We’re waiting on feedback on those tenders and we’re part of the capital spend that Margaret mentioned for ’09 is directed towards additional resources for our DDMWDLWD growth internationally. So that’s carrying on.
And rotary steerable, we - no change there, we continue with the objective of having the smaller sized rotary steerable tools. So we have a working 12 ¼ inch, but we want to develop reliable smaller sized tools, and eventually the very large size for the deep water applications.
So, we also as you know, last year pathfinder commercialized there. Small sized 4 ¾ inch density imaging tool, we expect to come out with larger sizes this year. And continue on the track for developing the imaging resistivity tools in the future.
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