Skip to main content DUG Permian Conference – Parsley Energy Inc. Investor Presentation | Shale Experts
Loading...
Pm

DUG Permian Conference – Parsley Energy Inc.

Parsley Energy Inc. · May 25, 2016 · 13 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. DUG Permian Conference – Parsley Energy Inc. – slide 1
    Midland Basin Wolfcamp Tom Layman VP Geoscience DUG Permian May 2016
  2. DUG Permian Conference – Parsley Energy Inc. – slide 2
    Outline for Presentation Parsley Energy overview Key elements of an unconventional play Midland Basin Wolfcamp characteristics Midland Basin sweet spot Parsley data What is ahead 4
  3. DUG Permian Conference – Parsley Energy Inc. – slide 3
    Parsley Energy Investment Summary Market Snapshot 1Q16 Production Premier Acreage Position(6) NYSE Symbol: PE 1Q16 Production: 29.1 MBoe/d Market Cap: 4,260 MM(1) 1Q16 Production Mix Net Debt: 386 MM(2) Oil: 65% Enterprise Value: 4,646…
  4. DUG Permian Conference – Parsley Energy Inc. – slide 4
    Key Elements of an Unconventional Play The right rocks porosity and perm Sufficient hydrocarbons in place thickness and TOC Optimal kitchen temperature and pressure Appropriate technology drilling and completions 6
  5. DUG Permian Conference – Parsley Energy Inc. – slide 5
    The Right Rocks Central Basin Platform begins to form in early Penn Wolfcamp Paleogeography Restricted circulation deep water basins to east and west Midland Basin fills with Early Permian 280Ma organic rich siliciclastic and…
  6. DUG Permian Conference – Parsley Energy Inc. – slide 6
    Midland Basin Type Log Wolfcamp thickness 1500-2000 Multiple flow units A,B,C Reservoir properties generally best in Wolfcamp A and B Wolfcamp Reservoir Property Ranges Porosity 2 9% Clay content 20-35% SW 15-60% TOC (wt%) 1-9%…
  7. DUG Permian Conference – Parsley Energy Inc. – slide 7
    Wolfcamp Thickness Entire Wolfcamp thickens from north to south Thickness sweet spot Increased carbonate on eastern and western margins Lower Wolfcamp C expands significantly to the south 9
  8. DUG Permian Conference – Parsley Energy Inc. – slide 8
    Wolfcamp Drill Depth Present day axis of the Midland Basin near the Central Basin Horseshoe Atoll Platform Drill Depth Drill depths range from 10,000 Sweet Spot in north to 6,000 in south Glasscock Nose Big Lake Fault…
  9. DUG Permian Conference – Parsley Energy Inc. – slide 9
    Midland Basin Geothermal Gradient Public data from Pre- Mississippian drill stem tests Too Cool Reasonable proxy for kerogen thermal maturity Looking for the optimal Just oil window Right Too Hot 11
  10. DUG Permian Conference – Parsley Energy Inc. – slide 10
    Midland Basin Wolfcamp Production Public production data Wolfcamp A or B wells 6 month cum oil Normalized to 7000 lateral length Proxy for economic wells, but with some noise in data Allocation issues Offset frac interference…
  11. DUG Permian Conference – Parsley Energy Inc. – slide 11
    Consistently Strong Wolfcamp Results Parsley operated Wolfcamp A and B wells tracking above 1 MMBoe EUR type curve 225 200 175 Cumulative Production (MBoe)(1) 150 125 100 75 50 25 Parsley Actual…
  12. DUG Permian Conference – Parsley Energy Inc. – slide 12
    Refining Midland Basin Wolfcamp Core Collated multiple data elements Northern Upton and NW Reagan counties solidly in Wolfcamp Core Tier 1 - price dependent Wolfcamp inventory Incorporated PE drilling and completion costs 14
  13. DUG Permian Conference – Parsley Energy Inc. – slide 13
    What is Next Never stop learning Drilling optimization Completion Optimization Lateral target zones Flow unit refinement Spacing tests Reagan Co. example Wolfcamp A/B interval 900 thick Stack or stagger Vertical and lateral…

From the store

Browse maps, data & reports in the Shale Experts store