Skip to main content INVESTOR PRESENTATION – EOG Resources, Inc. | Shale Experts
Loading...
Database
Slide Database

INVESTOR PRESENTATION – EOG Resources, Inc.

EOG Resources, Inc. · Feb 14, 2013 · 36 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 – EOG Resources, Inc. – slide 1
    NYSE Stock Symbol: EOG Investor Relations Contacts Common Dividend: 0.75 Maire A. Baldwin, Vice President IR Basic Shares Outstanding: 271.7 Million (713) 651-6364, Fax (713) 651-6473 mbaldwineogresources.com Elizabeth M. Ivers,…
  2. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 2
    Operations Eagle Ford - Increased Estimated Potential Reserves* by 38% 1.6 BnBoe to 2.2 BnBoe, Net to EOG Delaware Basin - Increased Leonard Shale Estimated Potential Reserves* From 65 to 550 MMBoe, Net to EOG - 50% Crude Oil -…
  3. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 3
    All About Oil Grow Crude Oil 28% YOY* Focus on Eagle Ford, Bakken and Permian Improve Recovery Factors in Existing Plays Focus on New Greenfield Oil or Combo Plays Negligible North American Dry Gas Investments Maintain Net…
  4. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 4
    Best Hz Crude Oil Assets in North America Strong Organic Crude Oil Production Growth - 2010 +35% - 2011 +52% 39% Average - 2012 +39% - 2013E* +28% Differentiators Strong Liquids Growth Driven by Crude Oil, Not Condensate or…
  5. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 5
    Clearbrook, MN Stanley, ND Innovator for Crude-by-Rail - 4 Years Experience 93 - Competitive with Existing and Announced Pipe Expansions - Access to Premium Markets - Provides Market Flexibility WTI EOG-Owned Infrastructure 97…
  6. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 6
    ROE ROCE 13.1% 11.8% 10.3% 9.4% 2012* 2013E** 2012* 2013E** * See reconciliation schedules. ** Goldman Sachs estimates February 1, 2013, 97 WTI and 3.75 Henry Hub in 2013. EOG_0213 v2-5
  7. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 7
    1,600,000 1,600 Bakken and Eagle Ford 82% of Current Horizontal Crude Oil Production* 1,400,000 1,400 1,200,000 1,200 559 Mbod* 1,000,000 1,000 Eagle Ford MBod 800,000 800 600,000 600 Bakken 400,000 400…
  8. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 8
    200 175 EOG is Industry Leader by 2:1 Ratio 150 125 100 75 50 25 0 EOG Co. 1 Co. 2 Co. 3 Co. 4 Co. 5 Co. 6 Co. 7 Co. 8 Co. 9 * Source: IHS Data as of Sep 2012. Select onshore Lower 48 formations with growing…
  9. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 9
    2 4 6 8 10 12 14 16 00 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 Jan-1920 Jan-1924 Jan-1928 Jan-1932 * Source: EIA / Data through Nov 2012 Jan-1936 Jan-1940 Jan-1944 Jan-1948 Jan-1952…
  10. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 10
    EOG Has Best Onshore U.S. Oil Assets - Find Ways to Make Them Better Improve Recovery Factor of Oil-in-Place in Existing Plays - Testing Denser Well Spacing Secondary Recovery Methods Continue to Explore for New Hz Oil/Liquids…
  11. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 11
    Crude and Condensate Total Liquids (Mbd) (Mbd) 202 263 214 158 156 113 105 75 79 55 62 46 31 43 2007 2008 2009 2010 2011 2012 2013E* 2007 2008 2009 2010 2011 2012 2013E* * Based on mid-point of full-year 2013…
  12. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 12
    2013 Drilling Oil Wells (Net) Years* Eagle Ford 400 12 Bakken/Three Forks 53 11 Combo Delaware Basin - Leonard 16 83 - Wolfcamp 10 118 Midland Basin Wolfcamp 35 29 Barnett 130 9 16 Years of Drilling * Based on current…
  13. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 13
    2013E Capex 7.0 to 7.2 Bn* Including Facilities and Midstream Gathering, Exploration and Processing and Other Development Facilities 7% 10% Exploration and Development 83% 2013E Outlook Continued Strong Best-in-Class…
  14. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 14
    2010 2011 2012 2013E* 2014+ Crude Oil and Condensate 35% 52% 39% 28% Continued Best-in-Class NGLs 29% 39% 32% 10% Double-Digit Total Company Liquids Growth 33% 48% 37% 23% North American Gas** -2% -7% -9% -15% Negative Other Gas***…
  15. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 15
    86% 88% 79% NGLs 76% 71% 72% 59% 53% Oil 47% 41% 29% 28% 24% 21% 14% 12% 2006 2007 2008 2009 2010 2011 2012 2013E** Liquids (Crude Oil and NGLs) Natural Gas * 2006 - 2012 based on North American actual revenues. FY…
  16. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 16
    % Crude Oil 40.00 Revenues 80% 35.00 34.11 30.00 29.29 71% 60% 25.00 23.86 56% 20.04 20.00 40% 41% 15.00 32% 10.00 20% 5.00 0.00 0% 2009 2010 2011 2012 * Wellhead Revenues for Crude Oil and Condensate, Natural Gas…
  17. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 17
    90% 80% 70% EOG +83% 60% Peer Avg +3% 50% 40% 30% 20% 10% Co. 8 Co. 9 Co. 10 Co. 11 Co. 12 0% EOG Co. 1 Co. 2 Co. 3 Co. 4 Co. 5 Peer Co. 6 Co. 7 -10% Avg -20% -30% -40% Source: Goldman Sachs estimates February…
  18. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 18
    30% EOG +29% 20% Peer Avg +6% 10% Co. 9 Co. 10 Co. 11 Co. 12 0% EOG Co. 1 Co. 2 Co. 3 Co. 4 Co. 5 Co. 6 Peer Co. 7 Co. 8 Avg -10% -20% Source: Goldman Sachs estimates February 1, 2013, 97 WTI and 3.75 Henry Hub…
  19. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 19
    14 Dividend Increases in 14 Years 0.75 0.70 0.67 0.64 0.61 0.60 0.58 0.51 0.50 0.40 0.36 0.30 0.24 0.20 0.16 0.12 0.10 0.10 0.08 0.08 0.06 0.07 0.00 1999* 2000* 2001* 2002* 2003* 2004* 2005 2006 2007 2008…
  20. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 20
    Increased Total Company Net Proved Liquids Reserves 37% to 1,021 MMBbls - Liquid Reserves Increased to 56% of Total Reserves Total Company Liquids Reserve Replacement* 452% - Total Company Reserve Replacement* 268%, Excluding…
  21. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 21
    EOG Has Captured the Biggest U.S. Crude Oil Discovery Net to One Company in the Past 40 Years Increased Estimated Potential Reserves* by 38% Oil MMBo 1,500 San Antonio NGLs MMBbl 375 Gas Bcf 1,950 Total MMBoe, Net to EOG 2,200…
  22. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 22
    Second Round of Reserve Increase 1.6 BnBoe to 2.2 BnBoe Potential*, Net to EOG Estimated 8% Recovery of Estimated 26.4 BnBoe in Place, Net to EOG 4,900 Drilling Locations Yet to Complete - 40-Acre Spacing in East - 65-Acre Spacing…
  23. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 23
    EOG 46 MMBO, 97 MBOD Cumulative Oil Production* (MMBO) Co. 7 Co. 5 24 MMBO, 42 MBOD 27 MMBO, 64 MBOD Co. 1 21 MMBO, 74 MBOD Co. 8 Co. 6 Co. 3 18 MMBO, 41 MBOD 19 MMBO, 31 MBOD 16 MMBO, 44 MBOD Co. 4 Co. 2 9 MMBO, 31…
  24. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 24
    Boysen Unit 1H and Baker-DeForest Unit 4H Baird Heirs Unit 4H IP: 4,598 Bopd with 488 Bpd of NGLs+ 2.9 MMcfd Boothe Unit 1H and 2H IPs: 2,540 and 2,242 Bopd + 268 and IP: 5,380 and 3,810 Bopd 181 Bpd of NGLs + 1.6 and 1.1 MMcfd + 625…
  25. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 25
    19 17 16 14 13 11 8 8 9 Karnes Trough Gonzales Trough West Monocline 2011 2012 Record EOG_0213 v2-24
  26. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 26
    One of Top Oil Producers in North Dakota Canada - 62.1 MBoed Gross Production at YE 2012 Stanley, ND Improved Well Results in All Areas with New Frac Techniques Core Area Core Area Success with 320-Acre Downspacing Water…
  27. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 27
    197 60 47 115 Original 2012E Wayzetta 2013E156- Original 2012E Fertile 46-1608H 2013E Offset Wells 3329H Infill Well Offset Wells Infill Well * 300-Day Results * 170-Day Results * Production normalized to lateral…
  28. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 28
    600 Total 3,814 Wells 500 EOG Average EUR 544 MBo Field Average EUR 338 MBo 400 Field Average 300 200 100 0 EOG RESOURCES, HELIS OIL & GAS WHITING MUREX DAKOTA-3 E&P SLAWSON QEP ENERGY HUNT OIL COMPANY FIDELITY…
  29. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 29
    Midland Basin New Mexico Texas Wolfcamp Shale Delaware Basin Delaware Basin Estimated Reserve Potential* 800 MMBoe, Net to EOG - Multiple Target Zones, 50 to 300 MMBoe/Section, Leonard Resource in Place - Based on Recent…
  30. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 30
    Leonard Shale Delaware Basin Increased Estimated Potential Reserves* From 65 MMBoe to 550 MMBoe, Net to EOG Increased Estimated Reserves/Well to 500 MBoe, Gross; 400 MBoe, NAR 41 Net Hz Wells Drilled to Date Typical Well Indicating…
  31. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 31
    Wolfcamp Shale Midland Basin 133,000 Net Acres NGLs - 35 Net Wells Planned in 2013 30% Oil 42% Core Area Potential 430 MBoe/Well, Gross; 320 MBoe/Well, NAR Gas 28% - 5.3MM CWC Target 35% Direct ATROR* on 2013 Program Typical…
  32. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 32
    EOG is the Largest Oil Producer in the Barnett Combo 206,000 Net Acres in Core Area 3-Rig Program in 2013 Combo Core Area - Plan to Drill 130 Net Wells in 2013 206,000 Net Acres Recent Strong Well IPs Bopd + NGLs Bpd + Mcfd…
  33. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 33
    Trinidad and Tobago Trinidad ATLANTIC OCEAN TRINIDAD YOY Production in 2013 vs. 2012 Decreases by 4%* 4(a) U(a) - Current Drilling Program U(b) SECC - Reduced Contract Takes VENEZUELA United Kingdom…
  34. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 34
    EOG Reserves Within 5% of Independent Engineering Analysis Prepared by DeGolyer and MacNaughton - 25 Straight Years - Reviewed 87% of Proved Reserves for 2012 Conservative - Successful Efforts Accounting - Zero Goodwill - Credit Ratings…
  35. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 35
    2013 Crude Oil* 49%** Hedged at 98.85 Bbld /Bbl 2013 January 1 to June 30 105,000 99.23 July 1 to December 31 93,000 98.44 North American Natural Gas* 2013 150,000 MMBtud Hedged at 4.79 * As of February 13, 2013. See table…
  36. INVESTOR PRESENTATION – EOG Resources, Inc. – slide 36
    EOG Has Largest Proven U.S. Horizontal Drilling Oil Inventory in Entire Industry EOG Has Captured Low-Cost, First-Mover Advantage Key Differentiator Horizontal Oil Assets Will Drive Strong 2013+ Production Growth - High Return…

From the store

Browse maps, data & reports in the Shale Experts store