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Laredo Petroleum Inc
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Goldman Sachs Global Energy Conference 2013
| Jerry R. Schuyler | Page 28 of 11 |
November 21, 2024
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Upper Wolfcamp 9.5% 7.375% Well Economics Permian: Wolfcamp Months BOE/D 225 Currently utilizing Upper Wolfcamp 7,500- ft. lateral, 26- frac stage type curve based on data for 16 Hz Upper, 2 Middle and 1 Lower Wolfcamp wells shown in red 225 Working to drive down costs 10 100 1000 Upper Wolfcamp Type Curve D+C Cost - MM EUR - MBOE 30- Day IP - BOE/D % Oil - (IP 226 Life) ROR1 Royalty Rates 1 Returns based on NYMEX prices of $85/Bbl of oil and $3.75/Mcf of gas adjusted for Btu content. 2 Data based on Upper Wolfcamp type curve as adjusted for limited actual results 28 Middle Wolfcamp 2 Upper Wolfcamp Lower Wolfcamp 2 $8.5 600 - 700 710 63% 25% - 35% 25% $9.5 605 - 730 710 63% 20% - 30% 25% $8.5 715 - 800 710 77% - 69% 35% - 45% 25%