Top Midstream Provider in Williston Basin Integral to Our Sponsors Oasis Petroleum Inc. (our Sponsor or Oasis) is top pure play in the Williston Basin Development Plans 20+ years of inventory life in the core and extended core…
Oasis Midstream Partners LP Oasis Midstream at a Glance Organizational Structure A growth-oriented, fee-based MLP formed by Oasis Petroleum (NYSE: OAS) Primary midstream vehicle for our Sponsors operations in 100% interest…
Structured for Long-Term Growth and Drop-Down Optionality OMP at a Glance Bighorn Bobcat Beartooth Primary midstream development vehicle for Oasis Core: Wild Basin Core: Wild Basin Core: Wild Basin, Alger, Indian Hills DevCo…
Strategic Relationship with Strong Sponsor Top Williston Basin Independent E&P Company(1) Proven Track Record Delivering Growth(2) Mboepd 44% CAGR since Pure-play Williston-focused E&P OAS IPO Pure-Play 75.0 518K highly…
Oasis Deep Inventory of Highly Economic Locations High-Quality Inventory Position that is Economic in Nearly Any Price Environment (1) Burke Core Extended-Core Fairway Divide of Gross Locations 1,665 Cottonwood 1,459 Sheridan…
Overview of Oasis (1) Well Performance Financial Highlights Type curve IRR 70% for Bakken wells in Wild Basin at strip pricing Capital discipline and returns-focused management team At 6.8MM current well costs for a 4MM pound…
Strategically Located Infrastructure in the Heart of the Williston Significant Sponsor-led Acreage Dedications Williston Midstream Asset Footprint (1) 581K dedicated acres for water services Burke 65K Wild Basin core acres to…
Bighorn & Bobcat: Wild Basin Crude, Gas and Water Infrastructure Bighorn & Bobcat Highlights Natural Gas Gathering, Processing, Compression & Lift Extensive footprint in most economic Gas Plant I: 80MMscfpd initially in service in…
Beartooth: Water Services Infrastructure in the Williston Beartooth Highlights Produced Water Gathering & Disposal Mission-Critical Water 305 miles of operated produced water gathering lines, to Services Assets 599 producing wells…
Our Core Financial Strategy Deliver stable, fee-based revenues under acreage dedications Maintain long-term contracts with cash flow visibility and acreage dedications (e.g. 15-year contracts Generate Stable, with our Sponsor and…
Improving Well Performance and Increasing Gas Rates Observations Rationale for Gas Plant II Oasis sees gas production rising in North Dakota: 80MMscfpd Gas Plant I is already full, with current volumes High intensity frac jobs,…
Gas Plant II Assignment Gas Plant II Assignment On November 6, 2017 Oasis and OMP agreed to the assignment of Gas Plant II to OMP OMP reimbursed Oasis for 66.7MM of capital spent YTD thru October 2017 Total capital expected on Gas…
Outlook for OMP Diversified Opportunities to Deliver Growth Updated NTM Growth CapEx (MM) Clear line-of-sight to distribution growth Strong, visible organic Adjusted EBITDA growth OMP Significant dropdown inventory of 1.8x NTM MLP…