Economics : Rates of Return/ IRR

Showing 3 Results


Williston Basin Operations Update Q4 16 FBIR Drilling Results (16 Gross Operated Wells POL) Key Points Continued focus on operating efficiently is driving D&C Costs (MM) Estimated EUR (Mboe) improvements in results 6.2 Consistently spending below type curve D&C cost estimate of 6.2 MM 5.5 1,021 1,000 Wells are consistently outperforming 1 MMboe type curve Well results are significantly better than nearby non- op peer results in the core of the Williston Basin (Mountrail County) Well Returns & Economics Oil differentials are expected to continue to improve (i.e. DAPL coming online) (Based on 4/15/17 Strip) Recently secured gas takeaway capacity in central 4.2x FBIR area allowing for near-term drilling of our best 75% acreage in FBIR ( 1.5 MMboe wells) Halcns Williston Basin Assets Continue to Outperform Expectations & Peers IRR ROI HK Actual Q4 16 Results (16 Bakken and TF wells) HK Type Curve 16
Halcon Resources Corp
May 2017

Top Pure Play in the Williston Basin(1) Top tier asset position Premier Position in Williston Basin Concentrated & controlled position 518k West Williston East Nesson net acres 94% held by production Montana North Dakota Substantially all operated Over 20 years of economic inventory: 1,614 locations economic 45 WTI & lower COTTONWOOD Improving capital efficiency Wild Basin Bakken EUR of 1.55 MMBoe 4MM pound completion 5.8MM well cost RED BANK 100+% IRRs ALGER Higher intensity completions continue to increase recoveries Average 2017 completion expected to MONTANA PAINTED WOODS be with 10MM pounds INDIAN HILLS 15% production growth in 2017 and 2018 WILD BASIN FOREMAN BUTTE 1) As of 12/31/14, unless otherwise noted, and does not include acreage or reserves associated with Sanish that were divested in March 2014 2) Guidance issued 2/26/15 1) As of 12/31/16 unless otherwise noted 3
Oasis Petroleum Inc.
May 2017

2017 Capital Focused on High ROR Oil Plays Capital (1) % of D&C (2) (3) Est. Total Play ROR % Oil (4) ( in MM) Budget % Liquids Bakken DUCs (5) 550 32% 100%+ 80% 90% Bakken Drilling 490 28% 40% - 75% 80% 90% STACK (6) 375 22% 100%+ 60% 70% (7) SCOOP 245 14% 70% 25% 55% NW Cana (8) 60 4% 100%+ 2% 20% Total D&C Program 1,720 100% - 60% 75% (weighted avg) Non-D&C Capital (land, facilities, other) 230 - - - Total 2017 Capital 1,950 - - - 1. Inclusive of capital for outside operated activity, except for Bakken DUCs 5. ROR is on the incremental cost forward cost of completion 2. At 55 WTI and 3.15 gas, see footnote 1 on slide 20 6. STACK ROR is based on STACK over-pressured oil wells 3. Estimates based upon 2-stream oil volumes at the wellhead 7. SCOOP ROR is based on SCOOP Woodford condensate wells 4. Estimates based upon theoretical NGL recoveries after processing 8. NW Cana as part of the JDA with SK E&S 7
Continental Resources, Inc.
May 2017

   Want More Data? SUBSCRIBE
Subscribe and Get immediate Access

Already a subscriber?Log In here