Economics : Rates of Return/ IRR
Showing 3 Results
Kaybob Duvernay Reservoir Regions & Economics (Booked Type Wells)
500 premium locations primarily in the Volatile Oil and Liquids-Rich windows
CORPORATE PRESENTATION
Volatile Oil
Black Oil IP30 (boe/d) (% Liquids) 700 1,000 (75%)
EUR (mboe) (% Liquids) 700 1,000 (65%)
Volatile Oil
Cost Per Well (MM) 10.5
NPV10% (MM) 17.5
Payout (Months) 7
IRR% 135%
Liquids-Rich Net Locations 225
Liquids-Rich
IP30 (boe/d) (% Liquids) 1,000 1,500 (35% 75%)
CRESCENT POINT
EUR (mboe) (% Liquids) 1,000 1,500 (35% 65%)
Cost Per Well (MM) 11.0
Lean Gas
NPV10% (MM) 18.5
Payout (Months) 6
IRR% 145%
Net Locations 125
Lean Gas
IP30 (boe/d) (% Liquids) 1,500 (<35%)
EUR (mboe) (% Liquids) 1,500 2,000 (<35%)
Cost Per Well (MM) 11.5
CPG Lands NPV10% (MM) 10.0
Pool Boundary Payout (Months) 14
IRR% 60%
Reef Complexes
Net Locations 150
NPV10 and payout as at US70/bbl WTI and 3.35/mcf AECO, assuming the mid-point of estimated ultimate recovery (EUR) ranges. Payouts are calculated from the initial onstream date. 19
Internally identified inventory of 500 net locations includes 126 booked 2P locations as assigned by McDaniel.
Crescent Point Energy Corp.
December 2023
DUVERNAY COMPETITIVE SHALE PLAY
UNIQUE EXPOSURE TO THE OIL WINDOW KAYBOB WEST & EAST OIL
o Significant running room
700 remaining locations across the play
o Transitioning to development in select areas
1625 NORTHERN STEPOUT
Achieved C7.5MM D&C costs (2well pad) KAYBOB WEST & EAST (26 WELLS)
o High quality condensate local demand
40 50 API TWO CREEKS VS. EAST SHALE BASIN DUVERNAY
4 WELLS (1629 & 519) IP AVG PER WELL
ESB TOP QUARTILE
ESB AVERAGE (120 WELLS)
TWO CREEKS OUTPERFORMING EAST SHALE BASIN
o Testing the shallower window at Two Creeks
2,700m vertical depth
o Line of sight to multiwell pad efficiencies
Athabasca Oil Corp
March 2020
ATAX IRR (%)
20%
40%
60%
80%
0%
100%
Ellerslie
Frobisher/Alida
Marten Hills
Montney
Montney
Montney
Eagle Ford
Eagle Ford
Condy
Marcellus
Viking
Montney
Cantuar
Mannville Ellerslie
Charlie Lake
Montney Upper Mannville
Frobisher / Alida
SE SK Unfracked
Dunvegan
Montney
Upper Mannville
Montney
Montney
Bakken
Permian
SE SK Bakken
Midale
Bakken
Montney
Cold Lake
SE SK Fracked
Midale
Cardium
Duvernay
Austin Chalk
Permian
Viking
Provost
Permian
Cold Lake
Permian
SW SK Viking
Shaunavon
Mannville
Ratcliffe/Midale
Cardium
Montney
VET
Sparky
Eagle Ford
Permian
Permian
ROBUST RETURNS AMONGST NORTH AMERICAN PROJECTS
Gething
Ratcliffe/Midale
Woodford
Permian
Permian
Permian
Montney
Bakken
Uinta
Spirit River
Bakken
Permian
Oil/Liquids
Cardium
Permian
Cardium
Pembina
Powder River
Beaverhill Lake
Eagle Ford
Montney
Shannon; Vermilion capital program targets the Turner only in the Hilight area of the Powder River Basin. ** Permian -3%; Mississippian Mid-Con -4%.
PROJECT RANKING BY ATAX IRR
Duvernay
Montney
Permian
Gas
Utica
Permian
Utica
PRB Parkman /
Montney
Turner / Shannon*
Marcellus
Deep Basin
Woodford
Bakken
Bakken
Torquay
NORTH AMERICAN PROJECT RANKING
Montney
Woodford
Permian
SAGD - Heavy Oil
Montney
Marcellus
Spirit River
Duvernay
Marcellus
Marcellus
DJ Basin
Montney
Scotia Capital research, November 2019. Price assumptions: WTI US55/bbl, HH Natural Gas US2.50/mcf, AECO 1.85/mcf, USD/CAD 0.76. * Scotia analyzes a composite of the Parkman / Turner /
Eagle Ford
Duvernay
Woodford
Haynesville
SAGD - Oil Sands
Spirit River
DJ Basin
Eagle Ford
Woodford
Gulf Coast
Eagle Ford
Permian
Marcellus
Permian**
Mississippian**
55
Vermilion Energy Inc.
January 2020