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

DUG Permian Conference – WPX Energy, Inc.

WPX 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 – WPX Energy, Inc. – slide 1
    DUG Permian Basin Conference Rick Muncrief, President and CEO May 24, 2016
  2. DUG Permian Conference – WPX Energy, Inc. – slide 2
    Strategic TransformaAon of WPX 3
  3. DUG Permian Conference – WPX Energy, Inc. – slide 3
    WPX Prole: Premier Assets WPX HIGHLIGHTS WILLISTON CLOSED SAN JUAN MIDSTREAM SALE BASIN CLOSED PICEANCE SALE AMENDED CREDIT FACILITY REPURCHASED 185MM OF 2017 DEBT MATURITY STRONG LIQUIDITY POSITION PROVIDES…
  4. DUG Permian Conference – WPX Energy, Inc. – slide 4
    Williston: Results Validate Type Curve Increase Mandaree and Emma Owner Pads 300 LESS THAN 30 DAYS 250 200 EUR BOE 850 M CumulaAve MBOE UR BOE E 150 750 M 100 BASIN HIGHLIGHTS Increasing type curve to…
  5. DUG Permian Conference – WPX Energy, Inc. – slide 5
    Williston: Highly Economic at Todays Commodity Price PRICE SENSITIVITY CURVE CAPITAL/EUR SENSITIVITY CURVE 150% 1,000 VISION: 5.5MM WELL COST- 850 MBOE 140% 3-Year AVG Price2 CURRENT: 5.9MM WELL COST- 850 MBOE 130% 2016…
  6. DUG Permian Conference – WPX Energy, Inc. – slide 6
    From Panera to the Permian WHY DELAWARE Accelerated porolio transiaon Adds premier drilling inventory Delaware is a world-class stacked oil play Management team in place for successful execuaon Corporate evoluaon paved path…
  7. DUG Permian Conference – WPX Energy, Inc. – slide 7
    WPX Acreage in the Heart of the Delaware WPX CENTRAL1 BASIN DELAWARE1 BASIN MIDLAND1 BASIN PLATFORM CULBERSON1 COUNTY GLASSCOCK1 COUNTY GLASSCOCK1 COUNTY MIDLAND1 COUNTY MIDLAND1 COUNTY HOWARD1 COUNTY…
  8. DUG Permian Conference – WPX Energy, Inc. – slide 8
    Overview of WPXs World-Class Delaware PosiAon BELL CANYON CHERRY CANYON BRUSHY 94,000 TOTAL NET ACRES1, 60,000 CANYON NET ACRES NEAR STATELINE 9,000 AVALON 12 PROSPECTIVE ZONES WITH 3,600++ FIRST BONE…
  9. DUG Permian Conference – WPX Energy, Inc. – slide 9
    PotenAal for Increasing EURs and LocaAons vs. AcquisiAon AssumpAon TOP WOLFCAMP X/Y WOLFCAMP X/Y 750 MBOE X/Y PROVEN PRODUCTIVE IN WPXS AVERAGE EUR FOR STATELINE ACREAGE WELLS WITH 2 YEARS OF PRODCUTION1 TOP WOLFCAMP…
  10. DUG Permian Conference – WPX Energy, Inc. – slide 10
    Technical Excellence in AcAon Delaware Wolfcamp A Well Cost EUR F&D Cost 43% 85% 69% REDUCTION INCREASE REDUCTION 10 1200 20 8 1000 15 800 6 600 10 4 400 5 2 200 0 0 - 1 2 RKI WPX Vision RKI WPX Vision RKI…
  11. DUG Permian Conference – WPX Energy, Inc. – slide 11
    Wolfcamp A: Wells Trending Near Vision WOLFCAMP A WELLS LESS THAN 30 DAYS 300 250 GEN 1 200 CumulaAve MBOE GEN 2 E EUR ,000 MBO 1 150 OE EUR 850 MB GEN 3 E EUR 670 MBO BASIN HIGHLIGHTS 100…
  12. DUG Permian Conference – WPX Energy, Inc. – slide 12
    Wolfcamp A: Highly Economic at Todays Commodity Price PRICE SENSITIVITY CURVE CAPITAL/EUR SENSITIVITY CURVE 130% 1,300 VISION: 5.0MM WELL COST- 1,000 MBOE 3-Year AVG Price2 120% CURRENT: 5.3MM WELL COST- 900 MBOE 49.01 Oil and…
  13. DUG Permian Conference – WPX Energy, Inc. – slide 13
    ExecuAon Core to WPX PORTFOLIO REBALANCED IN CORE BASINS ENCOURAGING RESULTS IN EACH ASSET WORLD-CLASS ROCK IN DELAWARE BASIN ADDITIONAL UPSIDE IN WOLFCAMP REMAINING OPPORTUNISTIC WPX is working from a posi1on of…

From the store

Browse maps, data & reports in the Shale Experts store