Wells Fargo Securities Energy Conference June, 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,…
Todays news Increased 2Q16e and FY16e production guidance Recent eastern STACK wells continue strong well performance 95% of legacy STACK acreage is now production-delineated NEW best-in-class STACK SXL drilled in 8.3 days…
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…
NFX: A catalyst-rich story Leading acreage position in premier Anadarko Basin Strong execution across the enterprise Improving cost structure Deep drilling portfolio capable of future growth STACK transition to full-field…