NFX June 21, 2016 NFX is periodically published to keep stockholders aware of current operating activities at Newfield. It may include estimates of expected production volumes, costs and expenses, recent changes to hedging positions and…
Strong 2Q16e results highlight superior execution Expands industry-leading STACK acreage footprint to 265,000 net acres (50% avg. WI) 1 Announced strategic STACK Significant overlap with NFX legacy acreage acquisition More than 90%…
Anadarko Basin key messages Grew 2Q16e average net production to STACK 83,000 boepd 56% of estimated total domestic production Drilling remains focused on HBP New eastern STACK SXL results tracking in-line with 950 Mboe type…
Continued strong STACK SXL well performance NEW Helen SXL well New Eastern STACK SXL results IP24*: 1,548 boepd (89% liquids) 6.2MM CWC (including facilities) 4 NEW wells average rate: IP24: 1,213 boepd (87% liquids) IP30 rate:…
2016 STACK SXL well spacing pilot Recently spud Chlouber Pilot 1,050 spacing per interval 175 spacing vertically 5 wells per interval 10 total wells per section STACK NFX net acreage CHK acquisition acreage Planned…
STACK continues to outperform 950 Mboe type curve 1 500,000 Includes 98 total wells 120 4 wells on-line for 1,000 days 450,000 100 400,000 350,000 80 300,000 Well Count BOE 250,000 60 200,000 40 150,000 100,000…