Key Messages and 2Q Highlights Delivering a unique future through development and exploration success 14 Percent Volume Growth Over 2Q13 Adjusting for non-core asset divestitures U.S. Onshore Asset Momentum Record quarterly…
Core US Onshore Horizontal Production Track record of continued growth Horizontal Volume Growth 40 MBoe/d Increase Over Last MBoe/d 125 Year DJ Basin up 33% Marcellus increase of more than 120% 100 More Than 75 MBoe/d Increase…
New DJ Basin Completion Techniques Initial plug-n-perf wells are outperforming Increasing Near Wellbore Stimulated Rock Volume Peppler/Peaks Pad Component of potential optimal well downspacing Initial Results Encouraging Cum…
Continued Improvement in Wells Ranch Multiple wells testing various completion designs Early Results of All Wells Above Type Curve Wells Ranch 12 wells in Wells Ranch IDP AA21 All standard length wells Located in an area of high…
Marcellus WFN-6 in Majorsville Enhanced completion techniques delivering strong results Best Performing Wet Gas Pad 8-well pad with 6,100 foot lateral average Majorsville Outperforming type curve by 50% New Completion Designs Cum…
Marcellus - Majorsville Type Curves Increasing recoverable resources per well Majorsville Well Performance* Improving Well Performance MMcfe/d Supports 10% Increase in 10 Type Curve Flatter declines on legacy wells 8 Improved…
Rio Grande - Dantzler Development Leveraging Big Bend infrastructure for exceptional returns Dantzler Development NBL Operated with 45% WI Currently Drilling Dantzler 2 Well Accelerated Production Big Bend planned for late 2015…
Deepwater Gulf of Mexico Bright Prospect New acreage provides multiple prospects and running room potential NBL Acreage Atwater Valley 362 Existing Leases New Leases WI 50%, NRI 41% Currently Drilling Water depth: 5,600 ft.…
Strong Production at Aseng Accelerated delivery of value to NBL Aseng Production Cumulative Gross Production MBbl/d Cum MMBbl Exceeds 50 MMBbls 70 70 Field avg 53 MBbl/d since startup Cumulative 3 MMBbls produced above 60 60…
Growing Demand for Israel Gas Expanding capacity to meet multiple customer needs Significantly Increasing Current Gross Natural Gas Deliverability Capacity 2017 / 2018 Driven by domestic and regional opportunities Tamar…
Core US Onshore Production Outlook Delivering substantial growth for 2H14 and beyond DJ Basin and Marcellus Volumes Core US Onshore 2014 Wells Online MBoe/d 1H 3QE 4QE Total 180 Original Plan 256 147 109 512 Current Plan 213 121…
2H 14 Sales Volume Profile Delivering substantial growth for 2H14 and beyond MBoe/d 325 310 - 330 300 290 - 305 290 275 250 225 200 2Q 14 Asset EG Israel Growth 3Q 14E Israel EG Growth 4Q 14E Sales Underlift…