Pinedale ND Anticline WY Bakken UT Uinta Basin CO Northern Region OK Woodford Shale Southern Region Granite Wash TX LA Haynesville NYSE: QEP 2
QEP net production 360 (MMcfepd) TX LA 300 240 180 120 60 0 CV/Hosston Haynesville Proved reserves 604 Bcf* 219 PUD locations* 1,200 additional potential locations on 80-acre density Six operated rigs 8.5 to 9.5 MM completed…
Average days spud to TD QEP-operated wells 66 37 32 Record 22 days NYSE: QEP 4
Comparison of production rates from restricted vs. non-restricted rate wells 25000 20000 Gas Rate (mcfd) QEP 4 well average cum. production 3.8 Bcf, average EUR 8.9 Bcf 15000 Operator A - 4 well average cum. production 3.3 Bcf,…
QEP net production (MMcfepd) QEP PDP well 240 Other operators 200 (No QEP interest) 160 QEP leasehold 120 80 40 1 Mile Proved reserves 1.35 Tcfe* 432 PUD locations on a combination of 5,10, and 20-acre density * Up to…
61 64 Average days spud to TD 45 42 35 28 23 17 13.8 Record 10.6 days NYSE: QEP 7
QEP net production 50 (MMcfepd) 40 30 20 10 0 Proved reserves 199 Bcfe* 103 PUD locations* 3,450 potential locations TIER II: 27,477 net acres 20% average working interest in Tier I lands (operate 52% of potential…
4,000 QEP net production Fort Berthold Detail Map (Boepd) 3,000 Fat Cat Parshall/Sanish Fields 2,000 (1 WOC,1 drilling) IPs: 750-3,000 Bopd 1,000 0 4-well pad Ft Berthold (3 WOC, 1 drilling) 2-well pad 5,000 to 10,000-ft…
50 QEP net production (MMcfepd) 40 2 11 3 14 17 30 5 20 1 18 10 0 16 7 8.0 to 9.0 MM completed well cost 15 10 12 13 EUR 4.0 to 7.0 Bcfe/well 6 26,705 net acres Two operated rigs going to one in Q3 2011 After…
WY NW Louisiana CO2 treating / blending: 600 MMcfpd Gathering: 250 miles Operating income: 8% W. Green River Basin UT Interstate pipeline connections: 4 Processing: 840 MMcfpd Gathering: 975 miles CO Rendezvous transmission: 20…
NYSE: QEP 12
QEP Field Services Gobblers Knob Southwest Wyoming assets and Blacks Fork Hub Blacks Fork Processing Complex Clear Creek Storage (100% of capacity) Emigrant Trail Plant Clay Basin (QEP capacity) NYSE: QEP 13