Energizing the World, Bettering Peoples Lives SECOND QUARTER 2015 SUPPLEMENTAL INFORMATION
2Q15 Key Messages and Highlights Operational execution driving outperformance on volumes and costs Sales Volume of 299 MBoe/d at High End of Guidance Increased FY NBL standalone sales expectation to 305 320 MBoe/d Substantial…
U.S. Onshore Business Leading USO position with addition of Eagle Ford and Permian assets Significant Positions in Four Premier U.S. Unconventional Basins Leveraging Core Competencies Across Larger Scale DJ Basin Marcellus Drilling…
Accretive Eagle Ford and Permian Acquisition Addition of two top-tier basins Why ROSE High-quality positions in liquids-rich Eagle Ford Shale and Permian (primarily Delaware) Significant existing production and acreage positions…
Premier Acreage Position in the Eagle Ford Top-tier, low-risk asset in highly productive areas EUR(Boe)/Lat. ft. Eagle Ford 50,000 net acres 100% WI Multi-zone 54 MBoe/d 2Q15 Tom Hanks Avg. 22% oil / 38% Central Dimmit NGL…
Delivering Results In the Eagle Ford Strong well productivity in S. Gates Ranch validates core position Increased South Gates Ranch Type Curve 25% to 3 MMBoe Recent Wells Outperforming S. Gates Ranch Lower Eagle Ford Enhanced Type…
Current Eagle Ford Plan and Outlook Delivering value-driven growth Cumulative Capital Investment of Operational Plans Approximately 825MM Through 2018 2H15 2016 2017 2018 Self-funding program Wells Drilled 11 22 30 42 Impactful…
The Emerging Delaware Basin Huge upside potential and running room Increased Wolfcamp A Type Curve 30% to 700 MBoe Confirmed by recent well results Delineated Core Position with Substantial Inventory Large, contiguous acreage…
Delaware Basin Well Performance Strong NBL and industry wells in core acreage Noble Black Jack 16 8H Wolfcamp A IP30/1,000 (Boepd): 220 Clayton Williams Noble Colley State 22 1H Clay Allison 5 1H Wolfcamp A/B Wolfcamp A…
Hit The Ground Running In The Delaware Ideal assets to leverage NBLs unconventional development approach Recent Well Results Outperforming Enhanced Type Curve Delaware Basin Wolfcamp A Cum. MBoe Performance Shift to Development…
Current Delaware Plan and Outlook Quickly moving into full development mode Drilling Inventory Provides Significant Operational Plans Running Room 2H15 2016 2017 2018 Development plan initially focused on Wells Drilled 1 15 30 70…
Material Value Opportunity for NBL Accelerating production to 100 MBoe/d by 2018 Substantial Long-Term Growth Eagle Ford & Delaware MBoe/d Production Outlook Over 15% production CAGR through 2018 125 Near-term growth driven by…
DJ Basin Infrastructure Significant expansion of third-party infrastructure in 2H15 Lucerne II Startup Progressing Line pressures have dropped 50-75 psi Vertical and legacy horizontal wells positively impacted Lucerne-2 200…
Israel Regulatory Framework Current agreement addresses all Parties interests A Regulatory Framework has been Developed Approved By Inter-Ministerial Committee and Security Cabinet Significant Benefits for Israel and the Region…
Second Half Catalysts Material opportunities and upside potential Production Volume Increasing DJ Basin Infrastructure Expansion Ongoing Texas Assets Integrated and Synergies Realized GOM Rio Grande Project on Schedule for 4Q…
2H2015 Guidance 3Q 4Q NBL Legacy Sales Volumes (Mboe/d) 305 315 315 335 Total Sales Volumes (MBoe/d) 345 365 375 - 400 Product Mix (Oil / Gas / NGL) 30% Oil / 56% Gas / 14% NGL 33% Oil / 53% Gas / 14% NGL Capital (MM) 750 - 850…