Economics : Type Curve
Showing 3 Results
EXECUTION & PERFORMANCE
Steady Improvement in Wapiti Economics
Type Well Parameters Type Curve Payout
12
Wapiti Wapiti Pipestone Pipestone
Base Rich Rich Very Rich
EUR (Raw Gas) (Bcf) 8.8 6.5 7.0 5.0 9
Payout Period (Months)
CGR (C5+ Bbls/MMcf) 6045 11570 10055 20070
6
DCET Capital (MM) 8.6 8.1 7.5 8.5
Horizontal Length (m) 3,000 3,000 3,000 3,000 3
Proppant Intensity (T/m) 2.0 2.0 2.0 2.5
0
Wapiti Base Wapiti Rich Pipestone Rich Pipestone Very Rich
20 NuVista Energy Ltd. See endnotes and section titled Advisories for additional information
1) Based on US80/Bbl WTI and US4.00/MMBtu NYMEX.
Nuvista Energy Ltd.
October 2025
Permian Well Performance
Permian Well Performance
Well performance in-line with expectations
20
4Q23 & 1Q24 TILs performing in-line with 24 type curve (80 wells) 2024 OVV Type Curve
4Q23 & 1Q24 (80 wells)
21 net TILs in 1Q24, expect 120-130 net TILs in FY24 18
130 Mbbls/d Permian oil & condensate production in 1Q24
16
Confident in updated FY24 guide
Entire 2024 program designed and executed by OVV 14
Cume. Oil Mbbls / 1,000 ft
No change to OVV spacing and cube development
12
10
Gaines Dawson Borden 8
Substantial Core Midland 6
Mitchell
Basin Acreage Position Andrews
Martin
4
Howard
OVV Acreage
2
P
Glasscock
Core OOIP1 Ector Midland OVV designed wells tracking
4Q23 & 1Q24 Pads Sterling FY24 type curve
0
0 1 2 3 4 5 6 7 8 9 10 11 12
Crane Upton Reagan
Irion Months
1) OOIP = Original oil in place 8
Ovintiv Inc
May 2024
Tupper Montney
New Completions Design Drives Strong Well Performance
3Q 2023 414 MMCFD Net Tupper Montney Acreage
Activity complete for FY 2023
New Completions Design Enhancing Well Performance
Producing 2 of top 10, and 4 of top 15, natural gas wells in Canada1
Achieving some of highest IP30 rates in company history
8 wells each average IP30 18 MMCFD in FY 2022 and FY 2023
2 wells each achieved new company record IP30 21 MMCFD
Applying learnings from Eagle Ford Shale to Tupper Montney
Optimizing fracs in real-time
Tupper Montney Well Performance New Completions Design
Average Cum MMCF
2,000
0 Miles 5
1,500
1,000 Murphy Acreage Facility
500
0
0 20 40 60 80 100 120
Days Online
2023 Well Average Historical Well Average 1 BOE Report dated August 31, 2023 Acreage as of November 1, 2023
www.murphyoilcorp.com
NYSE: MUR
13
Murphy Oil Corp
January 2024