Delivering On Our Promises A Year in Review Since the Beginning of 2018 In February We Promised Our Performance Year to Date Trading non-core assets for core Completed over 360 million of non-core divestitures, while adding…
Oasis Investment Highlights Large, operated contiguous blocks of acreage across two premier basins allow for more capital efficient development Size and Scale Proven ability to add additional acreage through tactical bolt-ons in a…
Size and Scale Expanded footprint focused on best basins in North America Combined Statistics(1) Our Williston Asset (1)(2) Williston Delaware Total Core Extended Core Fairway Net Acres (000s) 418 23 441 Burke Gross Operated…
Scale Drives Operational Excellence Demonstrated capital efficiency & low operating cost structure Track Record of Efficient Full-Field Development Improving economics across position and capitalizing on vertical integration Oasis…
Scale Drives Production Growth Double digit production growth within E&P cash flow even with non-core divestitures Production Growth Profile (1) 120 100 94 83 Mboepd 80 91 82 73.2 60 66.1 62 40 50.4 20 0 2016 2017…
Investing in Highly Economic Projects Across Diverse Portfolio 2018 E&P Plan Highlights 2018 Development Activity 2018 Production Highlights 100 Complete 110 operated wells 90.0 89.1 73% WI 90 Williston +Non-op activity 65MM…
Increased Core Inventory Year Over Year (1) Core Inventory - Williston Enhanced Completion Expansion Williston Inventory Locations Burke MONTANA NORTH DAKOTA 585 602 483 467 Divide Cottonwood Sheridan Williams Roosevelt…
Core Delaware Basin Asset Premier Multi-Stacked, Oil Focused Asset Core Inventory Delaware Key Asset Highlights Premier Position in the Core of the Delaware Advantaged geologic position Deepest part of the Delaware Basin Oil-rich…
Delaware Core Type Curve and Inventory Core Inventory Delaware Wolfcamp A and B (1) Core Highlights 400 All wells still flowing without artificial lift 350 UL Bighorn 1H (Wolfcamp A, 9,400 ft lateral) still flowing naturally after…
Financial Strength Translating leading returns in Williston to entire portfolio Proved Developed F&D Comparison (/boe) (1) Peer Leading Margins (1,2) 42 20 37.01 36.01 36 34.42 16.51 15.84 31.74 31.28 14.84 15.07 Adj.…
Financial Highlights (1) Disciplined management of the balance sheet through all cycles Strong Borrowing Base & Liquidity No Near-Term Maturities (MM) 2,500 Oasis Borrowing Base of 1.6Bn (1.35Bn Committed) 522MM drawn under…
Midstream 15
Strategically Located Infrastructure in the Heart of the Williston Midstream assets allow us to minimize operating costs and ensure quality, timing & capacity of service Midstream Asset Highlights Williston Midstream Asset Footprint…
Improving Well Performance and Increasing Gas Rates Driving organic and 3rd party opportunities North Dakota Processing Capacity & Gas Production(1) Capturing the Opportunity Identified gap in processing capacity in the Williston…
Midstream Upside OMP is premier MLP with peer leading growth Significant OMP EBITDA Growth (MM) 2019 EBITDA (MM) Growth Since IPO Up 68% 120 108 112 125 112 97 100 85 100 106 80 75 68 60 102 106 94 43 64 40 82 50 65 14…
Key Investment Highlights for Oasis Petroleum Operational scale with top-tier assets in the two best U.S. oil basins focused on the Core of the North American Core Large, contiguous acreage positions configured for efficient…
Appendix 20
Well Services (OWS) Adding value through vertical integration Strategic Advantages OWS Fleet OWS provides material cost-advantages, availability of quality service and flexibility Enhances overall operational scale and market…
Oil and Gas Infrastructure in the Williston Marketing team provides peer leading realized prices Marketing Highlights 3rd Party Crude Oil Gathering Infrastructure Crude oil gathering MONTANA NORTH DAKOTA Marketing strategy centered…
Core Williston Well Performance Update Wild Basin and Alger Bakken Well Performance (1) Other Core Areas Bakken Well Performance (2) 400 400 350 350 Cumulative Normalized Oil (Mbbls) Cumulative Normalized Oil (Mbbls) 300…
Delaware - Thick, Multi-Stacked Pay Potential with Large Inventory Upside Conservative inventory assumptions provide room for upside Formation Type Log Development Pattern Wells Column (Not to Scale) per DSU Thickness Delaware…
Oasis Financial Metrics Backup and Hedge Position Oasis and OMP Breakout Financial Metrics Backup Attributable to Non-Controlling Oasis (MM) Oasis OMP Consolidated (MM) Oasis Interest Consolidated Senior Notes 2,039.4 0.0 2,039.4…
Loading...
