Nabors has developed a proprietary line of innovative drilling software that enhances drilling performance. These include products like ROCKIT^®, ROCKIT^® PILOT^™, REVit^™, RIGWATCH^® and DRILLSMART^™, all of which contribute to improved drilling efficiency, increased rate of penetration and more precise execution of the customer well plan. The company also licenses technology to conduct managed pressure drilling operations. These products are laying the groundwork for automated and remote control of the drilling process. They are only available on Canrig AC top drives and thus provide an additional competitive advantage for this important product.