High-Quality Assets With Scale - Large Eagle Ford, Bakken and Delaware Basin Footprints - Scale Drives Cost Savings and Leverages Technology Gains - Most Productive, Lowest-Cost, Horizontal Oil Wells in the U.S. Innovation and Technology…
Legend Areas of Operation Offices Corporate Headquarters EOG_1115-2
Economics Today vs. 95 Oil Three Years Ago 100% Hundreds 80% 75% 60% 60% 60% ATROR* 45% 40% 35% 35% 20% 0% Western Eagle Ford Delaware Basin Leonard 2012 95 Oil Today 60 Oil Today 50 Oil * See reconciliation…
Eagle Ford West Wells Eagle Ford West Completion Design Average Cumulative Crude Oil Production* 47 High-Density Wells* vs. 41 Low-Density Wells* 2014 Vintage Wells (Mbo) (Mbo) 140 Shallower 80 2015 2014 Decline Cumulative…
2010 Completions 540 Events /1,000 ft 2015 Completions 4,030 Events /1,000 ft Enhance Complexity to Contain Events Closer Contact More Surface Area to Wellbore EOG_1115-8
2. Summarize 3. Drill and Identify 1. Scale Rock Characteristics High to Low Quality Best Target Eagle Ford EOG_1115-9
Brushy Canyon Leonard A 550 MMBoe Net to EOG* New Mexico Oil and Combo Play Texas Red Hills Leonard B - 300- 500 Spacing 1st Bone Spring 4,800 500 MMBoe Net to EOG* 2nd Bone Spring Over-Pressured Oil Play - Testing…