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  Economics : Rates of Return/ IRR

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Permian Performance Delivers Returns Well Above Premium Wolfcamp Average 6 Mo. Cumulative Production (Boe/ft) Wolfcamp Average 6 Mo. Cumulative Production (Boe/ft) 34 36+ 33 34 Gas NGL 23 Oil 11 2021 2022 2023E Completed Wells by Target Wolfcamp Combo Wolfcamp M 2022 Performance is Significantly Higher Than Cumulative Production Required to Meet Premium Hurdle Rate Wolfcamp Oil (1) Direct ATROR calculated using flat commodity prices of 40 WTI oil and 2.50 Henry Hub natural gas. (2) Direct ATROR calculated using flat commodity prices of 80 WTI oil and 3.50 Henry Hub natural gas. 3Q 2023 13
EOG Resources, Inc.
November 2023

Page 21 Mustang Wolfcamp C Thunder Canyon and Uinta WCC Oil Boe Uinta C101H Thunder Canyon C107SL WCC type curve WCA type curve Thunder Canyon / Uinta economic forecast1 Gross EUR 2,076 MBoe % oil 32% PV10 8.7 million IRR 59% Discounted payout 1 year, 10 months 1. Assumes July 31, 2018 strip pricing. Note: Type curves based on normalized 7,500 foot lateral lengths
Resolute Energy Corp
August 2018

New Mexico Acreage is Being De-Risked by the Industry 1 5 GOBBLER 5 B2PM STATE COM 1H BLUE JAY FEDERAL 1-H MEWBOURNE CONCHO BONE SPRING BONE SPRING Lateral Length: 3,986 1 Lateral Length: 4,158 30-day IP: 2,336 BOE/d (80% Oil) 4 30-day IP: 2,258 BOE/d (82% Oil) 5 2 Greater Sand Dunes 6 IRRITABLE 22 STATE COM 2H STOVE PIPE FEDERAL COM 2H* DEVON CONCHO BONE SPRING BONE SPRING Lateral Length: 4,175 8 Lateral Length: 6,745 30-day IP: 1,401 BOE/d (74% Oil) 30-day IP: 2,258 BOE/d (83% Oil) 6 3 2 7 KLEIN 33 FEDERAL COME 5H 7 GEM 36 STATE COM 1H* CIMAREX 3 EOG BONE SPRING BONE SPRING Lateral Length: 6,741 Lateral Length: 4,471 30-day IP: 3,351 BOE/d (69% Oil) 30-day IP: 2,314 BOE/d (58% Oil) 4 8 NOOSE FEDERAL COM 9H THRISTLE UNIT 30H CONCHO DEVON YESO BONE SPRING Lateral Length: 4,180 Lateral Length: 9,393 30-day IP: 848 BOE/d (86% Oil) 30-day IP: 2,199 BOE/d (85% Oil) Permian Resources Acreage Permian EOR Acreage Source: IHS Enerdeq *Wells where Oxy is a non-op working interest partner which provides access to all technical data. 12
Occidental Petroleum Corp
March 2017

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