Economics : Rates of Return/ IRR

Showing 3 Results


OSWEGO UPDATE LOW-COST, HIGH RETURN OIL GROWTH 40 MILES Hasty 3-18-6 1H Lightle 4-18-6 1H Hill 2-18-6 1H IP 30 = 1,462 boe/d, 88% oil IP 30 = 1,033 boe/d, 87% oil IP 30 = 1,223 boe/d, 86% oil 80% ROR at 50 oil (1) 3.2MM/well development cost delivering 400 mboe EUR Eugene 29-18-6 1H IP 30 = 824 boe/d, 79% oil (83% liquids) Farrar 11-18-6 1H IP 30 = 1,059 boe/d, 87% oil Rapid and reliable oil growth Hughes Trust 33-18-7 1H Caldwell 22-18-6 1H IP 30 = 1,326 boe/d, 95% oil IP 30 = 1,813 boe/d, 80% oil 10 wells averaging IP30 of 1,140 boe/d with 2 rigs drilling core inventory in 2017 Morris 31-18-6 2H IP 30 = 938 boe/d, 91% oil Morris 31-18-6 1H IP 30 = 881 boe/d, 92% oil Themer 6-17-6 1H IP 30 = 832 boe/d, 86% oil Quick return on investment Cycle time 38 days spud to TIL 40 MILES (1) Price Deck: 3/mcf and 50/bbl oil flat HOWARD WEIL ENERGY CONFERENCE 9
Chesapeake Energy Corp
March 2017

2017 Capital Allocation Priorities Advancing Oklahoma strategic objectives; Diverse set of high return opportunities 2017 Capital Allocation Priorities Diverse High Return Opportunities STACK STACK leasehold Meramec Oil SL 90% IRR STACK SCOOP Volatile Oil XL Woodford XL STACK delineation 55% IRR 50% IRR Oklahoma Eagle Ford Bakken downspacing High GOR oil W. Myrmidon 90% IRR 90% IRR Bakken Highest return E. Myrmidon opportunities 50% IRR BFIT IRRs at flat 55 WTI, 17.88 NGL and 3.44 HH 6
Marathon Oil Corp
February 2017

SCOOP Woodford Development Learnings a Proxy for STACK Progress Check Points Results from 2014 17e Increased Woodford Well Understand Well Spacing Density by 33 66% Increased Woodford Optimize Completion Design Completion Design by 100% Decreased Completed Drive Down Learning Curve Well Costs 25% Increased 30-Day Average Improve Productivity Production Rates 25% Decreased Lease Operating Improve Cost Structure Expense 10%1 Increased Rate-of-Return Improve Overall Economics 100%2 1 LOE = Total LOE over life of the well 2 Assumes 7 50/55/60/Bbl flat and 3.00 gas flat
Newfield Exploration Co.
March 2017

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