Company Overview Felix Energy is a private E&P company focused on acquiring and developing assets in several domestic basins Company headquarters located in Denver, CO Significant capital commitment from EnCap Denver Investments and…
STACK Highlights Large - over 750 mi2 area World Class Play Concentrated resource - up to 1,000 feet of stacked resource plays Liquids rich with no formation water produced Excellent access to low-cost services (adjacent to Oklahoma…
T13N R8W S2 ELEV_KB : 1,444 What is the STACK Field Name : CONCHO ProdFM : 359MPLM Sooner Trend Anadarko Basin Canadian and Kingfisher Counties SPUD_DATE : 5/26/2006 COMP_DATE : 7/19/2006 World class oil accumulation in the heart…
Felix STACK Asset at a Glance Major Garfield 75,000 net acre position in the Core Represents 145,000 net effective acres1 STACK/CANA 60% HBP, significant term on the remainder Dewey Blaine Kingfisher Operated inventory of 1,000…
Robust Economic Performance Compelling economics at current prices Single Well Economics Meramec Type Curve Across different areas with varying productivity and well costs 1-mile and 2-mile laterals have robust economics 6.0MM Area A…
Continuous Performance Improvements Felix and Industry continue to improve well and Industry Well Performance Improvements completion design Lateral placement Stimulation design Fluid types, proppant volumes & placement,…
Continuous Operational Improvements Well costs down 40% in last 24 months Industry 1 Drilling Improvements Efficiency improvements are 40-50% of savings Stimulation size has significantly increased over same time period Ft/Day 750…
Loading...
