Key 1Q Highlights and Messages Excellent start to 2013 All Core Areas Reporting Operational Successes Sales volumes exceeded guidance range, while unit costs were below expectations Project execution track record continues to…
DJ Basin Horizontal Developments Delivering outstanding results MBoe/d DJ Basin Net Production 100 7% QoQ 25% YoY Growth 80 60 40 20 0 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 Record Quarterly…
Extended-Reach Laterals 9,000 laterals have potential for 1 MMBoe EURs Boe/d* 1,200 1,000 800 600 400 200 * Rolling 3 day average 0 0 30 60 90 120 150 180 210 240 270 300 Days WR 29-68 WR 29-62 WR 8-68 WR…
Extended-Reach Laterals 7,000 laterals generating excellent results Boe/d* Five Wells Online and Performing 1,200 At Expected Type Curve 1,000 800 600 400 200 * Rolling 3 day average 0 0 20 40 60 80 100 120 140…
Optimizing DJ Basin Resource Recovery Continuously learning from pilot program Entire Niobrara / Codell Section Productive B Bench Wells Unaffected by Tighter Spacing Minimum 16-Well (40-ac) Development per Section Testing…
Northern Colorado Niobrara Leveraging expertise to unlock new opportunity Superior Economics Wyoming Nebraska in East Pony with 80% Oil East Pony Keota Plant Boe/d* 1,000 Lilli Plant Greater Wattenberg 800 27 Well…
DJ Basin Midstream Infrastructure Expansions underway with 2013 start-ups Front Range Express 150,000 Bbl/d 4Q 2013 East Pony DCP LaSalle Plant 160 MMcf/d 3Q 2013 SEMG Oil Trunkline 50,000 Bbl/d 3Q 2013 PAA Rail…
Marcellus Wet Gas Activity Ramping up liquids-rich production Majorsville Washington County NBL JV Area PA OH SHL1,3,6 WFN1: 7-well Pad Producing Drilling SHL 8: 10-well Pad Drilling Majorsville WEB 4: 11-well Pad…
Tamar Project Start-up of 1 Bcf per day facility 12