Skip to main content WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. Investor Presentation | Shale Experts
Loading...
Pm

WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co.

Newfield Exploration Co. · Dec 7, 2011 · 15 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 1
    Wells Fargo Securities Annual Pipeline, MLP and E&P, Services and Utility Symposium December 7, 2011 www.newfield.com NYSE: NFX
  2. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 2
    Our Focus Today Diversified Portfolio of Assets Capital Discipline: Live within 2011 1.9 Billion Budget Oil Directed Capital Investments Outsized Oil Growth, Modest Declines in Natural Gas Manage for Highest Returns Oil Investments…
  3. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 3
    Diversified Assets Our Portfolio is a Competitive Advantage Year End 2010 Proved Reserves (3,712 Bcfe) Rocky Appalachia Mountains 25% 75% Conventional Unconventional Mid-Continent Onshore Gulf Coast 2011e Production…
  4. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 4
    Driving Oil / Liquids Growth Total Company Average Daily Production 60000 600 500 MMCF/D BOPD 40000 400 300 20000 200 2008 2009 2010 2011e Oil (BOPD) Gas (MMCF/D) 4
  5. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 5
    Focused on Cash Flow Generation Capital Efficiency (100 MM investment) 60.00 Capital Allocation by Product 50 MM 50.00 Oil / Gas Liquids 9% 91% 40.00 Year - 1 Prod. Add (Bcfe) Cash Flow (MM) 30.00 20 MM 20.00 10.00 5…
  6. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 6
    Estimated Returns by Play* 120.00% 100.00% 80.00% IRR% 60.00% 40.00% 20.00% 0.00% 4 and 80 4 and 70 *Sources: Wells Fargo Securities, LLC estimates and company filings 6
  7. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 7
    Williston Basin Highlights 140,000 Net Acres 10 Total Wells Drilled in 3Q 3Q 24-hour IP Avg (5 wells) 3,900 BOEPD Deferring 16 Completions into 2012 Well Type Wells Average IP 30-day Cum (24-hours) (Gross) 2008-10 33 1679…
  8. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 8
    Williston Basin Williston Basin Non Big Valley SXL Target Curves - 1,000 BEST IN CLASS SXL (Wahus Fed 152-97-13-24-1H) 2010 Average SXL WB Performance 2,000 2011 Average SXL WB Performance 3,000 4,000 5,000 6,000…
  9. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 9
    Uinta Basin / Play Economics 250 Historic realized oil Green River price: 75-85% of Uteland Butte 200 NYMEX WTI Wasatch 150 BTAX IRR (%) 100 50 0 40 50 60 70 80 90 100 Realized Oil Price (/Bbl) 9
  10. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 10
    Uinta Basin Oil Summary HIGHLIGHTS Altamont / Bluebell Extension of Altamont/ UTAH Horseshoe Bend Bluebell to the North Initially targeted the Central Basin Green River formation Acquisition/ EDA 3 Productive throughout entire…
  11. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 11
    NFXs Uinta Basin Summary Altamont / Bluebell HIGHLIGHTS Miles 15-8 UTAH 1,124 BOEPD Recent Average IP (24-hours): Padilla 1-18 Green River 100 BOEPD 1,102 BOEPD Lamb 1-19 Uteland Butte 500 BOEPD 1,168 BOEPD Wasatch 1,100 BOEPD…
  12. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 12
    NFX: A Proven Uinta Basin Operator 2.4 3.2 (depth dependent) 2.8 (in millions) 0.9 20-Acre Green River Uteland Butte Wasatch Drilling Completion Facilities NFX Has Drilled 1,500 Wells in the Uinta Basin Vertical…
  13. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 13
    West Asherton Enters Development Spacing Pilot Underway TEXAS Testing 80 acre spacing Adjacent to NFX owned ranch and infrastructure Pad Drilling Significant cost savings and operational efficiencies achieved Allows…
  14. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 14
    Eagle Ford Shale 14
  15. WELLS FARGO SECURITIES ANNUAL PIPELINE MLP AND E&P SERVICES AND UTILITY SYMPOSIUM – Newfield Exploration Co. – slide 15
    NFX: Hedged For The Future NATURAL GAS Volume Hedged Period MMCF/D Fixed Price 3-Way Collars 65% Rem 2011 290 5.42 4.50 x 5.83x 7.24 55% 2012 278 5.42 4.28 x 5.49 x 6.36 35% 2013 158 5.33 4.04 x 5.44 x 6.48 CRUDE OIL…

From the store

Browse maps, data & reports in the Shale Experts store