Sandeep Bhakhri SVP and Chief Information and Technology Officer
Leader in ROCE Through Commodity Price Cycles Leader in Disciplined Growth Low-Cost Producer Competitive in Global Oil Market Commitment to Safety and the Environment EnerCom_0818-3
OPEC ex Saudi Arabia 31% R.O.W. 20% Russia 13% Saudi Arabia 13% USA 12% OECD ex USA 11% (1) Includes lease condensate. Source: EIA. EnerCom_0818-4
+0.3 80.9 +0.9 +1.2 +4.4 74.1 2008 U.S. Russia Saudia Arabia Rest of World 2017 (1) Includes lease condensate. Source: EIA. EnerCom_0818-5
Total Horizontal Production (MBod) Bakken/Three Forks 1,150 (20%) Powder River Basin 87 (2%) 6 Plays Make 90% of U.S. Horizontal Oil Production DJ Basin 5.8 MMBod 412 (7%) Scoop/Stack 150 (3%) Permian 2,130…
MMBod 6 5 4 Permian First Horizontal EOG Oil Well 3 Eagle Ford Eagle Ford Barnett Permian DB Bakken Combo DJ Basin 2 Bakken 1 DJ Basin Scoop/Stack Other Hz. Oil Plays 0 2005 2006 2007 2008 2009 2010 2011 2012…
125 115 105 95 2015 2020 2025 2030 PIRA Reference Case High EV Sensitivity PIRA high EV sensitivity scenario assumes doubling of EV penetration from the PIRA reference case. Source: PIRA. EnerCom_0818-11
Billion Global E&P Capital Spending, 2008-2019E 700 600 Cumulative Under 500 Investment of 870bn 400 300 200 100 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018E 2019E US Canada ROW Source:…
1.2 Global Oil Supply, Average Annual Growth (MMBod) 1.0 0.8 0.6 0.4 0.2 0.0 2010-2015 2015-2020 2020-2025 2025-2030 U.S. Shale Other Shale Rest of Non-OPEC1 OPEC Crude (1) Includes OPEC NGLs, condensate, other…
Industry Endures, EOG Thrives Brent (/BBL) 100 90 80 New Marginal Cost of Oil 70 ( 60 - 70) Oil Sands Russia 60 North Sea US L48 Conv GOM Angola 50 U.S. Tight Oil Brazil Far East 40 Mexico Nigeria Venezuela 30 Russia…
Minimum Direct ATROR1 of Premium Wells Increases with Higher Prices Industry-Leading Cash Returns 100%+ 60% Payback…
9,500 8,000 6,000 3,200 Feb 2016 Feb 2017 Feb 2018 Aug 2018 Resource 2.0 BnBoe 5.1 BnBoe 7.3 BnBoe 9.2 BnBoe Potential2 Per Well 625 MBoe 850 MBoe 900 MBoe 970 MBoe Replaced 2x Planned 2018 Completions YTD (1)…
Total Resource Undrilled Net Drilled & Undrilled Potential2 Premium Play Acres Locations1 (MMBoe) Locations3 Eagle Ford 520,000 7,200 3,200 2,300 Delaware Basin - Wolfcamp 346,000 2,660 2,900 1,700 - First Bone Spring 100,000 555…
Internal Prospect Generation First Mover Advantage Exploration Best Rock / Best Plays Low-Cost Acreage Most Prolific U.S. Horizontal Wells Culture Fastest U.S. Horizontal Driller Rate-of-Return Driven Industry Leading Completion…
Owning Data from Creation to Delivery Create Transport Warehouse Analyze Deliver EnerCom_0818-19
10 RealTime Apps 20 Mobile Apps 65+ Desktop Apps (1) Weekly Number of Users by App Type EnerCom_0818-20
Technology enables data-driven, real-time Corporate HQ decisions across a decentralized structure Real-time operational and economic data available to employees 24/7 Field Offices Division Offices Mobile applications equivalent to…