STACK DUG Midcontinent Conference October 27,2016 Glen Brown Sr. VP Exploration NYSE: CLR
2010 Before it all began in STACK Historic vertical drilling: SPRG/MRRW Overpressure STACK SOONER TREND USGS 2011 WatongaChickasha Trend 11,445 wells over 2.7 MM Overpressured SPRG acres MRRW From 1950s through 1990s STACK…
Sooner Trend Area 2010 Mississippian and Deeper Production SpringerMorrow Overpressure as defined by USGS halted Sooner Trend CLR Directional MSSP wells vertical development near Enid 1986 Intermediate casing SPRG/MRRW…
Anadarko Mega Compartment Complex Defines Overpressured Areas From: USGS OpenFile Report 20111245 From: USGS OpenFile Report 20111245 5
Overpressured cell seal crosscuts stratigraphy Top of overpressure cell cross cuts stratigraphy Diagenetic boundary forms top seal Pressure cell contains Lower Pennsylvanian to base of Woodford seal Intermediate casing…
STACK view of overpressured compartment WEST EAST CLR STACK acreage position sits within the Anadarko Mega Compartment Complex overpressure cell Continental Resources currently has 183,000 net acres for MeramecOsage and A A 168,000…
WoodfordMississippian Petroleum System Improves to west STACK Mississippian Petroleum System includes: Meramec, Osage, Woodford Gross thickness varies from 500 in the east to 1500+ in the western area Depth ranges from 6,500 in the…
Early STACK Development 2012 to 2015 Historic horizontal Woodford expands Sandridge HZ MSSP beyond Cana field Lime Development Continental Resources and others drilled hundreds of wells off to the DVN, Slawson, northwest of CANA…
STACK delineation pushes farther west September 2015 Boden exceptional production results IP: 1,000 BOPD, 15 MMCFD, 3,508 BOEPD, 28% oil, 5400 psi FCP NFX, Felix, PayRock continued development in normal pressure STACK 241 day…
Overpressured STACK with strong liquids mix 95% of Continental Resources position is in overpressure Permeability = Pressure in flow equation Intermediate casing required west of overpressure line Intermediate Casing Map Set or No…
Valpoint drilled Olive Lee 122H Osage test Spring 2014 Olive Lee production stats 1mile lower OSAGE lateral 2 year cum: 73 MBO,4 BCF Tapstone, NFX, DVN Valpoint Olive 122H Osage HZ Delineation Current rate: 30 BOPD,2.5 MMCFD…
STACK Overpressured oil type curve *Pretax rate of return (ROR) is based on projected cash flow and time vale of money; costs include complete well cost, production expense, severance tax and variable operating costs. 2.50 gas is…
STACK Density Tests Moving to Pad Development SPRG/MRRW CLR density tests Overpressure USGS 2011 Ludwig density test on flowback 2 additional density tests underway Several more in planning phase CLR Blurton CLR Ludwig CLR…
STACK industry density test configurations CLR Ludwig density pilot CLR Bernhardt density pilot CLR Blurton density pilot 1 Mile 1 Mile 1 Mile MICROSEISMIC SURVEY 1,320 1,320 2,090 660 175 660 660 495 440 550 1,225 1,095 1,095…
STACK pad drilling Continental Resources benefiting from pad drilling Pad efficiencies lower CWC costs Reduce land surface impact Ludwig pad Reduce rig move times Walking rigs Reduce cycle times from spud to td Current CWC 9MM…
Ludwig Science Project Ludwig Industry Participation Science Project Its not too late to join Data Acquired to date latest and greatest technology Microseismic survey covering 5 wells 3 levels Sidewall cores through MeramecOsage…
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