Skip to main content Investor Presentation – Newfield Exploration Co. | Shale Experts
Loading...

Investor Presentation – Newfield Exploration Co.

Newfield Exploration Co. · Jan 1, 2014 · 20 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. Investor Presentation – Newfield Exploration Co. – slide 1
    An Update on NFX January 2014
  2. Investor Presentation – Newfield Exploration Co. – slide 2
    What Matters at Newfield Focus We are focused on four quality domestic resource plays Returns We are highgrading our investment opportunities to improve future returns and profitability Inventory Our technical teams are working…
  3. Investor Presentation – Newfield Exploration Co. – slide 3
    2013 Highlights Improved focus Focused people and capital on domestic resource plays Initiated process of divesting international assets Executed Delivered on 2013 plan and introduced 201416 Expanded inventory Announced STACK in…
  4. Investor Presentation – Newfield Exploration Co. – slide 4
    2013 Focus Area Highlights UINTA BASIN ANADARKO BASIN Patterson Wasatch XL sets HZT record IP Expanded footprint in the Anadarko Basin; announced the STACK resource play Drilled Uinta Basins 1st SXL Uteland Butte and Wasatch…
  5. Investor Presentation – Newfield Exploration Co. – slide 5
    Our Goals (201416) Achieve free cash flow generation 2014e CAPEX* Build quality inventory 1.6B 11% Improve shareholder returns 25% 20% 44% Production from Continuing Operations Natural Gas NGLs 5161 60 4855 Oil 4448 Uinta…
  6. Investor Presentation – Newfield Exploration Co. – slide 6
    2014e Capital, Production & Operations Outlook HIGHLIGHTS: Williston Basin 14 Cap-ex: 330 MM 4 operated rigs 2014 capital investments: 1.6 billion 14 prod: 6 MMBOE, up 40% (excludes capitalized internal costs). 2014 net…
  7. Investor Presentation – Newfield Exploration Co. – slide 7
    Delivering Results Liquidsfocused production growth Cash flow growth Improving efficiencies Liquids Growth* Cash Flow Growth* 40 1600 MMBOEPD (net) 30 1200 20 MM 800 10 400 0 0 2012** 2013e 2014e 2015e 2016e 2012**…
  8. Investor Presentation – Newfield Exploration Co. – slide 8
    Production by Area 140 130 Eagle Ford Williston 120 120 Anadarko* 100 100 Uinta MBOEPD (net) 80 80 60 50.9 40 20 0 1Q13 2Q13 3Q13 4Q13e 1Q14e 2Q14e 3Q14e 4Q14e 1H15e 2H15e 2016e **Includes SCOOP and STACK;…
  9. Investor Presentation – Newfield Exploration Co. – slide 9
    NFX MidContinent EXECUTION INVENTORY Proven operating team 225,000 net acres Track record of value creation Multiple pay horizons More than a decade of Decadeplus of drilling experience in Oklahoma inventory FAVORABLE…
  10. Investor Presentation – Newfield Exploration Co. – slide 10
    225,000 total net acres: Woodford Plays 170,000 net acres prospective for the Woodford STACK 150,000 net acres 150,000 net acres prospective for the Meramec Meramec Play SCOOP 75,000 net acres OK NFX Acreage TX…
  11. Investor Presentation – Newfield Exploration Co. – slide 11
    Anadarko Basin Resource STACK North STACK SCOOP South Proved concept CHESTER SHALE Tested SXL wells in Upper (Regional Topseal) 700 of Oil Saturated Interval Woodford & Upper Meramec MERAMEC 2014 STACK Plan Assess SYCAMORE…
  12. Investor Presentation – Newfield Exploration Co. – slide 12
    What is STACK It is a new oil resource play STACK combines the Meramec and Woodford Shales Meramec is 275 475 thick We are developing 700 of oil saturated column 225,000 net acres in the Anadarko Basin It combines multiple,…
  13. Investor Presentation – Newfield Exploration Co. – slide 13
    STACK NFX Wells Bredel 1H-5X Kretchmar 1H-2W 1054 IP BOEPD (79% Oil) 2013 Highlights: 1137 BOEPD (71% Oil) 8 producing wells (avg. 94% WI) Klade 1H-3X 1000 BOEPD (90% Oil) 961 BOEPD IP (82% Oil) Brueggen 1H-2X 597 BOEPD avg. 90day…
  14. Investor Presentation – Newfield Exploration Co. – slide 14
    STACK Recent Results Recent successes delineate 150 square Bredel 1H-5X 1137 BOEPD (71% Oil) mile area Kretchmar 1H-2W 1054 IP BOEPD (79% Oil) Klade 1H-3X 1000 BOEPD (90% Oil) Yost 1H-18X 1387 BOEPD (75% Oil) Brueggen…
  15. Investor Presentation – Newfield Exploration Co. – slide 15
    SCOOP Oil 2013 Highlights: 45,000 net acres in Woodford oil Testing pad drilling in 2014 Sublette 1H-22 Recent wells outperforming type curve 1081 BOEPD (52% Oil) 7 producing wells (avg. 76% WI) Tina 1H-26X 1,511 BOEPD IP (55%…
  16. Investor Presentation – Newfield Exploration Co. – slide 16
    SCOOP Wet Gas 2013 Highlights: 30,000 net acres in Woodford Wet Gas Active pad development Improved results by reducing perforation cluster spacing…
  17. Investor Presentation – Newfield Exploration Co. – slide 17
    Oil Hedging Details as of 12/09/13 Volume/day WeightedAverage Price Swaps w/ Short Collars w/ Short Period Bbls Swaps Collars Puts2 Puts1 15,000 89.60 1Q 2014 16,000 75/95.16 6,000 75.83/90.83102.93 19,000 90.07 2Q 2014…
  18. Investor Presentation – Newfield Exploration Co. – slide 18
    Oil Hedging Details as of 12/09/13 The following table details the expected impact to pretax income (in millions, except prices) from the settlement of our derivative contracts, outlined on the previous slide, at various NYMEX oil…
  19. Investor Presentation – Newfield Exploration Co. – slide 19
    Gas Hedging Details as of 12/09/13 Volume/day WeightedAverage Price Swaps w/ Short Collars w/ Short Period MMBtus Swaps Collars Puts Puts 235,000 3.98 1Q 2014 65,000 3.75 4.62 235,000 3.98 2Q 2014 65,000 3.75 4.62 235,000…
  20. Investor Presentation – Newfield Exploration Co. – slide 20
    Gas Hedging Details as of 12/09/13 The following table details the expected impact to pretax income (in millions, except prices) from the settlement of our derivative contracts, outlined on the previous slide, at various NYMEX gas…

From the store

Browse maps, data & reports in the Shale Experts store