2Q Key Highlights www.nblenergy.com NYSE: NBL Solid operational performance and continued focus on shareholder returns Completed Strong natural gas demand drove Record USO oil sales volumes record sales volumes 105 MBbl/d 2 Delaware…
2Q18 Actuals vs. Guidance www.nblenergy.com NYSE: NBL Volumes and total operating expenses in-line Financial & Operating Metrics 2Q Guidance 2Q Actuals Adjusted Earnings 2Q (MM) Total Sales Volumes (MBoe/d) 340 350 346 Net (Loss)…
DJ Basin www.nblenergy.com NYSE: NBL Delivering above expectations CO Solid Operational Execution in 2Q18 DJ Basin Activity 2Q18 Added 2nd rig and 3rd frac crew Oil (MBbl/d) 60 Weld NGL(1) (MBbl/d) 24 Sales volumes of 121 MBoe/d…
DJ Basin Activity www.nblenergy.com NYSE: NBL Key well results Exceptional Productivity Continues from Wells Ranch Kona Wells High Proppant Concentration Test Kona Wells Seven wells utilizing high sand concentrations of 2,800 10+…
DJ Basin Infrastructure www.nblenergy.com NYSE: NBL Line of sight to processing additions for growing DJ volumes DCP Plant 10 (Mewborne 3) DCP Plant 11 (OConnor 2) NBL Well Positioned to Benefit from Near-term Processing - Adds 200…
Delaware Basin www.nblenergy.com NYSE: NBL Doubled production year-over-year TX Solid Operations in 2Q with Sales Volumes of 47 MBoe/d Delaware Activity 2Q18 Majority of 2Q wells online late in quarter Reeves Ward Oil (MBbl/d) 33 55…
Delaware Basin Activity www.nblenergy.com NYSE: NBL Demonstrating strength of asset across acreage position 2Q18 Activity Focused on Wolfcamp A Upper and Lower Zones Recycled Water Test Used 100% recycled 100% Use 100 Mesh Test…
Permian Oil Takeaway www.nblenergy.com NYSE: NBL Securing flow assurance and diversifying pricing Majority of New Production Transported via Pipe to Sales Point Diversified Permian Firm Oil Takeaway Wells gathered from wellhead to CGFs…
Noble Midstream (NBLX) www.nblenergy.com NYSE: NBL Peer-leading distribution growth and growing third-party services 20% 192 4 1.8x targeted MBoe/d record quarterly major projects distribution coverage annual distribution oil and gas…
Eastern Mediterranean www.nblenergy.com NYSE: NBL Growing natural gas demand with stable long-term cash flows Aphrodite Tamar Record Gross Sales Volumes 1,019 MMcfe/d; Net Sales 35% WI 25% WI Volumes 227 MMcfe/d Leviathan Driven by…
Eastern Mediterranean Leviathan Development www.nblenergy.com NYSE: NBL Project 60% complete and progressing towards first gas sales by year-end 2019 Leviathan Major Project Development Remains On Schedule and On Budget, Several…
Financial Position www.nblenergy.com NYSE: NBL Continued focus on financial strength and shareholder returns Progressing Direct Shareholder Return Initiatives Reduced NBL Debt by 2.6 B Repurchased 1.8 MM shares outstanding in 2Q18 B…
Updated 2018 Outlook www.nblenergy.com NYSE: NBL Delivering significant volume growth year-over-year FY18 U.S. Onshore Oil Expected to Grow 25% from FY17 Maintaining Total Company Sales MBoe/d Anticipate nearly 10 MBbl/d oil growth…
www.nblenergy.com NYSE: NBL Third Quarter 2018 Guidance Crude Oil and Natural Gas Liquids Natural Gas Total Equivalent 3Q 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…