Skip to main content Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. Investor Presentation | Shale Experts
Loading...
Pm

Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc.

WPX Energy, Inc. · Dec 11, 2014 · 12 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 1
    December 11, 2014 WPX Energy, Inc. Capital One Securities 9th Annual Energy Conference
  2. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 2
    WPX Today Strong balance sheet and liquidity position Enables flexibility in lower-commodity price environment Provides ability to be opportunistic Simplified story, three core basins Williston San Juan Piceance Margins expanding…
  3. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 3
    Premier Western Energy Producer High-Quality Rocks (Rocks matter) WILLISTON BASIN Established Infrastructure (Infrastructure matters) PICEANCE BASIN Access to Premier Markets (Markets matter) SAN JUAN BASIN Commodity…
  4. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 4
    Potential Future Catalysts WILLISTON SAN JUAN Additional Increasing downspacing leasehold in Stimulation oily Gallup optimization Resource Greater EURs assessment in dry gas PICEANCE EXPLORATION Ryan Gulch Early basin…
  5. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 5
    Western Prices Have Increased Relative to Eastern Locations West Basis Strengthening1 East Basis Weakening2 0.50 0.32 0.00 (0.19) (0.20) (0.33) per MMBtu -0.50 -1.00 (1.05) -1.50 (1.74) -2.00 3 3 2007 to…
  6. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 6
    Strong Western Supply/Demand Fundamentals Through 2019 Northwest 2.0 Bcf/d Demand demand increase +2.0 through 2019 Bcf/d Rockies and Southwest San Juan Basin production flat to declining 0.5 Bcf/d Demand through 2019…
  7. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 7
    Williston Efficiencies Driving Performance Williston Production Volume (MBOE/D) 25 20 15 10 5 0 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 Continued strong production…
  8. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 8
    Williston Encouraging Initial Results of Larger Completions 100,000 90,000 80,000 70,000 Cumulative Barrels of Oil 60,000 50,000 40,000 30,000 20,000 10,000 0 0 30 60 90 120 Days After Clean Out RUBY 31-30HA…
  9. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 9
    San Juan Gallup Accelerating Production Growth Rapidly growing oil production Mancos Gallup Drilling Metrics by Quarter Averaged 3.9 Mbbl/d in 3Q 14 40 16 Oil production up 255% 3Q 14 vs. 38.9 35 Spud to Release 14 3Q 13 30 26.9 12…
  10. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 10
    Piceance Ryan Gulch Efficiencies and Deep Resource Assessment 3rd quarter activity Spud 70 wells in 3Q Lower Spud 209 wells 3Q YTD Williams Fork (2,500 ft) 3rd quarter net production 640 MMcfe/d Iles Natural gas 542 MMcf/d (650 ft)…
  11. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 11
    Hedging Overview As of 12/8/2014 2015 Volume/Day Average Price Natural Gas (MMBtu) Fixed Price Swaps1 442,055 4.10 Costless Collars 50,000 4.00 - 4.50 Natural Gas Basis (MMBtu) Dominion Basis Swaps MidCon Basis Swaps 12,500…
  12. Capital One Securities 9th Annual Energy Conference – WPX Energy, Inc. – slide 12
    WPX Foundational Elements COST RISK FOCUS TOLERANCE ENTREPRENEURIAL CULTURE OF MINDSET ACCOUNTABILITY WPX Energy, Inc. Capital One Securities 9th Annual Energy Conference Dec. 11, 2014 14

From the store

Browse maps, data & reports in the Shale Experts store