WPX Production Normalized for Asset Sales 2015E WPX Production (Mboe/d) Equivalent production declines 4% normalized for transactions Oil production growth of 15 - 20% 2013-15 oil CAGR of 36% 180.00 160.00 17.0 140.00 18.4…
2015 Capital Expenditures by Basin Total Capital Expenditures 725MM D&C Cost by Basin Other 2% Piceance San Juan 30% 40% Drilling and Williston Completions 30% 98% 2015 New Activity1 (in millions) Piceance 200 - 225…
Hedging Overview As of 2/10/2015 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 17,075…