Skip to main content December 2017 Corporate Presentation – Whiting Petroleum Corp. | Shale Experts
Loading...
Pm

December 2017 Corporate Presentation – Whiting Petroleum Corp.

Whiting Petroleum Corp. · Dec 1, 2017 · 19 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. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 1
    Whiting Petroleum Corporation Corporate Presentation December 2017 NYSE: WLL
  2. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 2
    Recent Achievements Q3 2017 Average Production of 114,350 BOE/d at High End of Guidance when Adjusted for FBIR Asset Sale and Third-Party Midstream Outages. Redtail Production Increased 78% Quarter over Quarter. Q3 2017 Oil…
  3. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 3
    A Focused Company Whiting Petroleum Corporation is an independent oil and gas company that explores for, develops, acquires Williston Basin Bakken / Three Forks and produces crude oil, natural gas and natural gas 102,015 BOE/d (Q3…
  4. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 4
    Williston Basin Development Program Large Acreage Position in the Core of the Play Northern 31-30 Two Well Average ACREAGE Avg. 11.6 MMlb Stimulation Evitt 14-12 and 34-12 Pad Averages 691,880 gross (412,925 net) Exceeding 1,000…
  5. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 5
    Strong Enhanced Completion Results in Williams County 180,000 Evitt 14-12 and 34-12 Pad Averages 160,000 14-12 Avg. 9.3 MMlb Stimulation 34-12 Avg. 10.1 MMlb Stimulation 140,000 14-12 Completed May 2017 34-12 Completed June 2017…
  6. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 6
    Strong Enhanced Completion Results in Williams County 250,000 Northern 31-30 Two Well Average Avg. 11.6 MMlb Stimulation Completed April 2017 200,000 Exceeding 1,000 MBOE Type Curve 150,000 BOE 100,000 50,000 0…
  7. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 7
    New Strong Enhanced Completion Results in McKenzie County 140,000 Koala 31-25 Wells 120,000 Avg. 9.8 MMlb Stimulation Completed August 2017 Tracking 1,500 MBOE Type Curve 100,000 80,000 BOE 60,000 40,000…
  8. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 8
    New Strong Enhanced Completion Results in Williams County 60,000 Nelson 21-18 Two Well Average Avg. 10.0 MMlb Stimulation 50,000 Completed September 2017 Tracking 1,500 MBOE Type Curve 40,000 BOE 30,000 20,000…
  9. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 9
    Williston Basin 8+MMlb Enhanced Completions Above 1,000 MBOE Type Curve 55 Bakken/Three Forks Completions Across Multiple Core Counties(1) 400,000 350,000 300,000 250,000 BOE 200,000 150,000 100,000 50,000 0…
  10. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 10
    Williston Basin 7+MMlb Enhanced Completions Above 1,000 MBOE Type Curve 85 Bakken/Three Forks Completions Across Multiple Core Counties(1) 300,000 250,000 200,000 BOE 150,000 100,000 50,000 0 0.0 50.0…
  11. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 11
    Williston Basin 7+MMlb Enhanced Completions Pad Locations WLL Acreage Enhanced Completion NYSE: WLL 11
  12. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 12
    Strong Returns for Enhanced Completions at 40 NYMEX Oil 700,000 600,000 500,000 400,000 BOE 300,000 200,000 100,000 0 0 100 200 300 400 500 600 700 800 900 1,000 Days 1,000 MBOE Type Curve 1,500 MBOE…
  13. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 13
    91% of Potential Bakken/Three Forks Drilling Locations in Core Areas Core Areas Gross Working Gross % of Total County Name Acreage(1) Interest(1) Locations(1) Locations(1) McKenzie 164,640 64% 1,508 31% Mountrail(2) 174,920 48% 993…
  14. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 14
    Williston Basin Drill Times(1) 47% Decline from Beginning of 2014 Technology driving times down 25.0 Multiple wells being drilled off pads Advancements in drill bit design(heat resistance) 21.6 Mud motor design(more torque) 19.6…
  15. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 15
    How its done 1,680 perforations (40 stages with average 42 perforations per stage) 9,000,000 lbs per job Average 5,357 lbs per perforation (900 lbs proppant per lateral foot) Diverters (plugs off perforations taking treatment fluid…
  16. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 16
    Redtail Development Program Economic Sweet Spot in Oil Window (Weld County, Colorado) ACREAGE 157,513 (131,763 net) acres 100% held by production, expires beyond 2018, or can be extended for approximately 3 million. Average WI of…
  17. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 17
    Guidance for Q4 and Full-Year 2017 Guidance Fourth Quarter Full Year 2017 2017 Production (MMBOE) 11.3 - 11.9 42.6 - 43.2 Lease operating expense per BOE 8.10 - 8.70 8.25 - 8.75 General and administrative expense per BOE 2.60 -…
  18. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 18
    Strong Hedge Position(1) 62% Hedged 2017; 52% Hedged 2018 Weighted Average As a Percentage of Derivative Hedge Contracted Crude NYMEX Price September 2017 Instrument Period (Bbls per Month) (per Bbl) Oil Production Three-way…
  19. December 2017 Corporate Presentation – Whiting Petroleum Corp. – slide 19
    Why Whiting Whiting is strongly positioned for multi-year growth. - Premier core position in the Bakken and Niobrara. - Technology leader. - Strong liquidity position. - Strong balance sheet with no maturities until 2019. -…

From the store

Browse maps, data & reports in the Shale Experts store