1Q18 Key Highlights www.nblenergy.com NYSE: NBL Positioned for long-term value creation Strengthened Financial Position and Prioritized Shareholder Returns Repurchased 9% of 750 million share repurchase program; increased quarterly…
1Q18 Actuals vs. Guidance www.nblenergy.com NYSE: NBL Strong earnings and cash flow start to 2018 Financial & Operating Metrics 1Q Guidance 1Q Actuals(1) Adjusted Earnings 1Q (MM) Total Sales Volumes (MBoe/d) 358 368 361 Net Income…
Strengthened Financial Position www.nblenergy.com NYSE: NBL Prudent financial management: a pillar of NBLs business success Progressing Shareholder Return B Increased Liquidity to Over 5 B 6.0 Repurchased 67.5 MM outstanding shares,…
U.S. Onshore www.nblenergy.com NYSE: NBL Delivering increasing oil volume growth through 2018 1Q18 Key Highlights DJ Basin U.S. Onshore Oil Volumes of 103 MBbl/d 31 wells online; 7,400 avg. lateral length Up over 30%(1) from 1Q17 1…
U.S. Onshore Marketing www.nblenergy.com NYSE: NBL Diversification provides price optionality and flow assurance Multiple Options for Crude Oil End-markets Diversified Crude Pricing Exposure(1) All DJ Basin crude priced at Cushing…
Delaware Basin www.nblenergy.com NYSE: NBL Progressing full-field development TX Solid Execution Start to 2018 19% oil growth from 4Q17 117,000 Reeves Ward 13 wells online in 1Q, all multi-well pads and multi-zone Net acres…
Delaware Basin 1Q18 Activity www.nblenergy.com NYSE: NBL Multi-well pad development across multiple zones Extended Calamity Jane Results Exhibiting Flatter Declines Calamity Jane 7-well Pad 23rd Bone Spring, avg. IP-90 2,000 Boe/d…
Delaware Basin Produced Water Management www.nblenergy.com NYSE: NBL Increasing operational flexibility and value Kingfisher Water Facility Infrastructure Strategically Designed with Produced Water Recycling and Disposal Options for…
DJ Basin www.nblenergy.com NYSE: NBL Strong execution and cash flow generation CO Solid Operational Execution in 1Q18 335,000 Weld Over 100 MM asset level free cash flow(1) Net acres Record oil mix of 56%(2) 2,350 East Pony…
DJ Basin www.nblenergy.com NYSE: NBL Continued outstanding well results Wells Ranch High Proppant Concentration Wells Showing Kona Wells Exceptional Productivity wells with 3,600 lbs/ft 3 proppant, 10,500+ ft. lateral Wells utilized…
Noble Midstream (NBLX) www.nblenergy.com NYSE: NBL Peer-leading distribution growth and growing third-party services 20% 162 24% 2.3x targeted MBoe/d record quarterly oil increase in 1Q18 fresh distribution coverage annual…
Eagle Ford www.nblenergy.com NYSE: NBL Maximizing cash flows TX Cash Flow Generation from Significant 2017 Volume 33,000 Dimmit Ramp Net acres 1Q18 sales volumes of 81 MBoe/d, up nearly 2x vs. 1Q17 320 3 MBoe/d facility down-time…
Eastern Mediterranean www.nblenergy.com NYSE: NBL Growing natural gas demand with stable long-term cash flows Aphrodite Tamar Record 1Q Gross Sales Volumes of 959 MMcfe/d; Net Sales 35% WI 25% WI Volumes at 263 MMcfe/d Leviathan 39.7%…
Leviathan Development www.nblenergy.com NYSE: NBL Major project progressing towards first gas sales by year-end 2019 Leviathan Development On Track; 45% complete Construction of the platform is progressing Drilling rig arrived on-site…
Other Global Offshore www.nblenergy.com NYSE: NBL Continued exceptional operational and safety performance Reliable Performance at West Africa West Africa sales volumes of 56 MBoe/d (30% oil) Alba Field 33% WI Equatorial Cameroon…
www.nblenergy.com NYSE: NBL Second Quarter 2018 Guidance Crude Oil and Natural Gas Liquids Natural Gas Total Equivalent 2Q 2018 Sales Volume Condensate (MBbl/d) (MBbl/d) (MMcf/d) (MBoe/d) Low High Low High Low High Low High United…
www.nblenergy.com NYSE: NBL Full-Year 2018 Guidance Crude Oil and Natural Gas Liquids Natural Gas Total Equivalent Full-Year 2018 Sales Volume Condensate (MBbl/d) (MBbl/d) (MMcf/d) (MBoe/d) Low High Low High Low High Low High United…