NOV Inc
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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FY2023 · Filed Feb 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 2. PROPERTIES
The Company owned or leased approximately 548 facilities worldwide as of December 31, 2023, including the following principal manufacturing, service, distribution and administrative facilities:
| Building · Property · Lease | |||||
|---|---|---|---|---|---|
| Size · Size · Owned / · Termination | |||||
| Location | Description | (SqFt) | (Acres) | Leased | Date |
| Wellbore Technologies: | |||||
| Navasota, Texas | Manufacturing Facility & Administrative Offices | 562,112 | 196 | Owned | |
| Conroe, Texas | Manufacturing Facility of Drill Bits and Downhole Tools, Administrative & Sales Offices | 275,383 | 28 | Owned | |
| Houston, Texas | Sheldon Road Inspection Facility | 319,365 | 197 | Owned | |
| Veracruz, Mexico | Manufacturing Facility of Tool Joints, Warehouse & Administrative Offices | 339,636 | 42 | Owned | |
| Houston, Texas | Holmes Rd Complex: Manufacturing, Warehouse, Coating Manufacturing Plant & Corporate Office | 351,377 | 41 | Owned | |
| Cedar Park, Texas | Instrumentation Manufacturing Facility, Administrative & Sales Offices | 215,778 | 34 | Owned | |
| Dubai, UAE | Manufacturing Facility of Downhole Tools, Distribution Warehouse | 184,492 | 8 | Leased | 1/29/2031 |
| Conroe, Texas | Solids Control Manufacturing Facility, Warehouse, Administrative & Sales Offices, and Engineering Labs | 153,750 | 42 | Owned | |
| Houston, Texas | Manufacturing of plastic thread products | 158,250 | 7 | Owned | |
| Completion & Production Solutions: | |||||
| Senai, Malaysia | Manufacturing Facility of Fiber Glass Products | 284,701 | 14 | Owned* | 10/31/2027 |
| Kalundborg, Denmark | Flexibles Manufacturing, Warehouse, Shop & Administrative Offices | 485,067 | 38 | Owned | |
| Superporto du Acu, Brazil | Flexibles Manufacturing, Warehouse, Shop & Administrative Offices | 464,885 | 31 | Owned* | 10/19/2031 |
| Manchester, England | Manufacturing, Assembly & Testing of PC Pumps and Expendable Parts, Administrative & Sales Offices | 365,872 | 27 | Owned | |
| Houston, Texas | Manufacturing of Wireline and Pressure Performance Equipment, Warehouse and Administrative Offices | 383,750 | 26 | Leased | 6/30/2041 |
| Fort Worth, Texas | Coiled Tubing Manufacturing Facility, Warehouse, Administrative & Sales Offices | 345,000 | 24 | Owned | |
| Qingdau, Shandong, China | Manufacturing of fiber-reinforced tubular products | 277,331 | 25 | Leased | 10/26/2036 |
| Tulsa, Oklahoma | Manufacturing Facility of Pumps, Warehouse and Administrative & Sales Offices | 222,625 | 10 | Owned | |
| Houston, Texas | Manufacturing of fiber-reinforced tubular products & Administrative Offices | 130,873 | 7 | Leased | 4/30/2026 |
| Kintore, Aberdeenshire, Scotland, UK | Manufacturing & Servicing of Elmar, ASEP and Anson Equipment | 198,651 | 13 | Leased | 9/3/2037 |
| Dammam, Saudi Arabia | Manufacturing of fiberglass products | 213,484 | 23 | Leased | 12/7/2036 |
| Mt. Union, Pennsylvania | Manufacturing of fiberglass products | 135,000 | 24 | Owned | |
| Rig Technologies: | |||||
| Houston, Texas | Bammel Facility, Repairs, Service, Aftermarket Parts, Administrative & Sales Offices | 608,718 | 33 | Leased | 7/31/2028 |
| Houston, Texas | Manufacturing Plant of Drilling Equipment | 511,964 | 36 | Leased | 4/30/2027 |
| Houston, Texas | West Little York Manufacturing Facility, Repairs, Service, Administrative & Sales Offices | 484,794 | 51 | Owned | |
| New Iberia, Louisiana | Repair, Services and Spares facility | 170,000 | 17 | Leased | 9/30/2027 |
| Singapore | Manufacturing, Repairs, Service, Field Service/Training, Administrative & Sales Offices | 133,659 | 4 | Leased | 1/5/2029 |
| Dubai, UAE | Repair & Overhaul of Drilling Equipment, Warehouse & Sales Office | 39,433 | 2 | Leased | 7/14/2036 |
| Al Jubail, Saudi Arabia | Manufacturer and Service of Drilling Rigs and Equipment | 668,293 | 113 | Leased | 11/17/2050 |
| Corporate: | |||||
| Houston, Texas | Corporate and Shared Administrative Offices | 441,029 | 3 | Leased | 1/31/2041 |
*Building owned but land leased.
We own or lease approximately 302 repair and manufacturing facilities that refurbish and manufacture new equipment and parts, 110 service centers that provide inspection and equipment rental and 136 engineering, sales and administration facilities.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.