An Update on NFX 2Q12 Operations Update July 19, 2012 www.newfield.com NYSE: NFX
2Q12 Highlights 2012e FY Expectations 1. Strong Oil/Liquids Production Growth 1. 296 304 BCFE Total Production 40% Liquids Growth over 2Q11 2. Record Daily Production 2. 30% YoY Oil/Liquids Growth Uinta Basin 25,000 BOEPD net Natural…
Ramp Oil No Natural Gas M. Butte Slow Natural Gas Investments Rockies Oil Investments Acquisition Acquisitions Hedged Enter Cana Hedged Enter 20102011 Eagle Ford Leasing GOM Shelf 20132014 Malaysia Sale Gas Vol. Oil Vol.…
2Q12: 49% of NFXs Production was Oil/Liquids 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% * Total Liquids Oil NGLs Gas Source: Company data, Macquarie Capital (USA), June 2012 5
South Cana Results (24Hour IPs)* KINGFISHER DEWEY Wright 1H9 (74% WI) LOGAN BLAINE Highest South Cana IP Rate 1,900 BOEPD (27% Oil) North Cana 1,450 BOEPD Avg. 7 Day Rate CUSTER CANADIAN 4,730 lateral length OKLAHOMA Branch…
West Asherton (24Hour IPs)* SXL Well 3 (100% WI) 1,020 BOEPD (73% Oil) Fashing 800 BOEPD Avg. 20 Day Rate West 7,500 lateral length Asherton TEXAS SXL Well 2 (100% WI) 825 BOEPD (77% Oil) MAVERICK 700 BOEPD Avg. 90 Day Rate…
SASKATCHEWAN MONTANA NORTH Key Takeaways DAKOTA WILLIAMS Approximately 100,000 Net Acres Westberg Net Production 10,000 BOEPD RICHLAND 35% Production Increase over 2011 Levels Recent Notable Well (24hour IP): Aquarium Moberg…
Malaysia Key Takeaways Current Net Production of 30,400 Exploration BOEPD Upside 35% Increase over 2011 Production Levels 4th Largest Oil Producer in Malaysia Additional Development Drilling E. Piatu Average Daily Net…