Skip to main content TPH Hotter n Hell Conference – Newfield Exploration Co. Investor Presentation | Shale Experts
Loading...
Database
Slide Database

TPH Hotter n Hell Conference – Newfield Exploration Co.

Newfield Exploration Co. · Jun 1, 2014 · 32 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. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 1
    A nU pdateonN FX T P H HotternHellConference June2014
  2. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 2
    FulfillingO urVision T heP athtoValueCreation Our Vision: To be recognized as the premier independent E&P company, delivering operational excellence, top tier business 52% 48% results and value to our shareholders, employees and…
  3. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 3
    A ssetS ales:2009 YT D 306 MM for 28 legacy gas assets N O R T H M O N T AN A D A KO T A 277 MM for Deepwater GOM Sold GOM Shelf for 1.2 B (2007) R O CKY M O U N T A IN S S O U T H D A KO T A 531MM for non-core Rockies W Y O M IN…
  4. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 4
    L ivingW ithinInternalR esources Years-Ended Decem ber31 (inm illions) 2009 2010 2011 2012 2013 S ources: CashFlow from O perations 782 1,110 1,332 1,203 1, 373 HedgeP roceeds 883 456 195 135 60 P roperty S alesP roceeds 33 12 406…
  5. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 5
    T oday O urA ssetsare M oreA likethanDifferent W illistonBasin 14 Cap-ex: 330 MM Liquids-focused horizontal drilling 4 operated rigs 14 prod: 6 MMBOE, up 40% Multi-stacked geologic pays Deep inventory, scale U intaBasin 14 Cap-ex:…
  6. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 6
    DeliveringR esults2013-16e L iquidsGrow th CashFlow Grow th 40 1600 M M BO E(net) 30 1200 20 M M 800 10 400 0 0 2013 2014e 2015e 2016e 2013 2014e 2015e 2016e T otalL O E G& A 12.00 6.00 8.00 4.00 /BO E…
  7. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 7
    P roductionby A rea 140 Eagle Ford 120 Williston Anadarko* 100 Uinta M BO EP D (net) 80 60 40 20 0 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14e 3Q 14e 4Q 14e 1H15e 2H15e 2016e *IncludesS CO O P andS T A…
  8. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 8
    Year-to-DateHighlights Execution 1Q14 results continued streak of solid operating results Strong production growth Demonstrating improved cost structure Expanding inventory in Anadarko, Uinta Basins On track to deliver 3-year…
  9. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 9
    A nadarko Basin W oodfordP lays 225, 000 T otalN etA cres: S T A CK 170,000 net acres prospective 150, 000 netacres for the Woodford 52% 48% 150,000 net acres prospective M eram ecP lay for the Meramac SCOOP South in…
  10. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 10
    A nadarko BasinR esource S T A CK N orth S T A CK S CO O P S outh Proved concept CHES T ER S HA L E Tested SXL wells in Upper (Regional Topseal) 700 ofO ilS aturated Interval Woodford & Upper Meramec M ER A M EC 2014 S T A CK P…
  11. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 11
    A nadarko BasinExpandsL iquidsP ortfolio A N A DA R KO BA S IN * T O T A L R esource T otalR em aining T O T A L R esource T otalR em aining YE2013 P rovedR eserves+ Gross P rovedR eserves+ Gross P lay T ype N etA cres P roved N etU…
  12. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 12
    A nadarko Basin DefiningtheR esourceP otential S T A CK S pacing BranchP ad (S CO O P W etGas) W oodfordP lays 6-well average: 700 ofHydrocarbonInterval U pperM eram ec S T A CK 6,750 Lateral length 150, 000 netacres 2,072…
  13. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 13
    A nadarko Basin S CO O P & S T A CK P roduction Wright Pad SCOOP Wet Gas (5 SXL wells): Gregory Pad SCOOP Oil (4 XL wells): Average 24-hr IP: 2,006 BOEPD/well Average 24-hr IP: 1,545 BOEPD per well N EW Average 30-day: 1,615 BOEPD/well…
  14. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 14
    S CO O P W etGasW ellP erform ance 23 wells plotted S CO O P T ypeCurve 1,800 against type curve 6,464 average lateral 1,600 length SCOOP Wet Gas (5,900') Type Curve 1,400 S-WG Actuals (6,464') Actual N EW Wright 1,200…
  15. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 15
    S CO O P O ilW ellP erform ance 15 wells plotted against S CO O P T ypeCurve type curve 2,000 7,720 average lateral 1,800 length SCOOP Oil (8,900') Type Curve 1,600 S-O Actuals (7,720') Actual N EW Gregory 1,400 development (4…
  16. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 16
    S T A CK W ellP erform ance 800 11 wells plotted against S T A CK T ypeCurve type curve 700 10,087 average lateral length 600 Type Curve STACK Type Curve (9,000) N EW Mary well 24- 500 Actual Actuals (10,087) STACK HR IP of…
  17. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 17
    U intaBasin 15% production growth over 1Q13 Uinta Daily Production SXL drilling campaign in Central Basin shows encouraging results 30,000 Liquids Gas Assessing high-potential Central Basin BOEPD (net) 20,000 plays 3 N ew…
  18. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 18
    W illistonBasin Recently completed 16 wells Williston Daily Production 10% production growth over 4Q13 20,000 Liquids Gas and 50% over 1Q13 15,000 BOEPD (net) Recent SXLs (10,000 laterals) drilled for 10,000 8.4 MM (including…
  19. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 19
    2014 M ilestones Anadarko Basin 100% Y-o-Y production growth SCOOP Wet Gas moves to full development Test SCOOP Oil spacing pilots HBP and de-risk STACK acreage Test the Lower Meramec in STACK Uinta Basin Assess high-potential…
  20. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 20
    A dditionalInform ation
  21. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 21
    P roduction,Cost& ExpenseGuidance* 2014e 1Q 14 2Q 14e P roduction: O il(M M BO ) 16.4 18.2 4.1 4.0 4.2 N GL s(M M Bbls) 7.8 8.3 1.7 1.7 1.9 N aturalGas(BCF) 119 -129 29.8 30.0 31.0 T otal(M M BO E) 44.0 48.0 10.7 10.7 11.3 T otalL O…
  22. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 22
    A nadarko Basin S CO O P Developm entT ypeCurves S CO O P W etGasEconom ics(S X L ) 1,400 Drilling Program 2013: 14 Operated Wells 1,200 SCOOP Wet Gas (5,900') 2014e: 20 Operated Wells 1,000 14,000 16,000 Depth SCOOP Oil (8,900')…
  23. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 23
    A nadarko Basin S T A CK 700 S T A CK Econom ics(S X L ) Developm entT ypeCurve Drilling Program 600 STACK Type Curve (9,000') 2013: 8 Operated Wells 500 2014e: 18 Operated Wells 8,000 11,000 Depth 400 BO EP D 9-12 MM Gross…
  24. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 24
    U intaBasin GreaterM onum entButteU nit(GM BU ) 20-A creInfillGreenR iverW aterflood 120 Developm entT ypeCurve Drilling Program 2013: 204 Operated Wells 100 2014e: 200 Operated Wells 5,000 Avg. Depth 80 1.13 MM Gross Well Cost…
  25. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 25
    U intaBasin CentralBasinU teland Butte U teland ButteEconom ics(S X L ) Developm entT ypeCurve Drilling Program 2,000 2013: 5 Operated Wells 2014e: 9 Operated Wells 800 MBOE 8,750 Avg. Depth 1,500 600 MBOE 10-12 MM Gross Development…
  26. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 26
    U intaBasin CentralBasinW asatchS X L W asatchEconom ics(S X L ) Developm entT ypeCurve Drilling Program 2900 2013: 1 Operated Wells 1,200 MBOE 2014e: 4-5 Operated Wells 800 MBOE 10,000 Avg. Depth 2200 13-15 MM Gross Development…
  27. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 27
    W illistonBasin T YP ECU R VES (10, 000 L ateral) BakkenEconom ics(S X L ) 1000 Drilling Program Bakken TFS 2013: 37 Operated Wells 800 2014e: 43 Operated Wells BO EP D 11,000 Avg. Depth 600 8.4 MM Gross Well Cost 450-950…
  28. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 28
    O ilHedgingDetailsasof04/28/14 Volum e/day W eighted-A verageP rice S w apsw / S hort Collarsw / S hort P eriod Bbls S w aps Collars P uts2 P uts1 19,000 90.07 2Q 2014 16,000 75/95.16 6,000 75.83/90.83-102.93 21,000 89.86 3Q…
  29. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 29
    O ilHedgingDetailsasof04/28/14 The following table details the expected impact to pre-tax income (in millions, except prices) from the settlement of our derivative contracts, outlined on the previous slide, at various NYMEX oil prices.…
  30. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 30
    GasHedgingDetailsasof04/28/14 Volum e/day W eighted-AverageP rice S w apsw / S hort Collarsw / S hort P eriod M M Btus S w aps Collars P uts P uts 235,000 3.98 2Q 2014 65,000 3.75 - 4.62 235,000 3.98 3Q 2014 65,000 3.75 -…
  31. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 31
    GasHedgingDetailsasof04/28/14 The following table details the expected impact to pre-tax income (in millions, except prices) from the settlement of our derivative contracts, outlined on the previous slide, at various NYMEX gas prices.…
  32. TPH Hotter n Hell Conference – Newfield Exploration Co. – slide 32
    Forw ard L ookingS tatem entsand R elated M atters T hispresentation containsforw ard-looking statem entsw ithin the m eaning ofS ection 27A ofthe S ecuritiesA ct of1933,asam ended,and S ection 21E ofthe S ecuritiesExchange A ct…

From the store

Browse maps, data & reports in the Shale Experts store