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Diamondback Energy
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Q3 2013 Earnings Presentation
| Tracy Dick | Page 26 of 11 |
November 21, 2024
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"Q3 2013 Earnings Presentation"
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Permian peers have achieved successful results from horizontal wells - Wolfcamp A, W&T Offshore, Chablis 5H, 7,112' lateral, 24-hour IP of 530 BOEPD (91% oil) - Wolfcamp A, W&T Offshore, Pinotage 8H, 5,395' lateral, 24-hour IP of 457 BOEPD (96% oil) - Wolfcamp A, Callon Petroleum, Neal 341H, drilled with 3Q’13 completion - Wolfcamp A, PXD, DL Hutt C #2, ~7,380’ lateral, peak 30-day average IP of 1,107 BOEPD - Lower Spraberry, private 3 rd party, ~4,800' lateral, 30-day IP of 576 BOEPD - Jo Mill (Lower Spraberry), PXD, Giddings Estate 3049H, 2,628' lateral, 24-hour IP of 546 BOEPD (88% oil) - Jo Mill (Lower Spraberry), PXD, Giddings Estate 1019H, 2,178' lateral, 24-hour IP of 368 BOEPD (89% oil) - Upper Wolfcamp (Wolfcamp A), LPI, Lane Trust C/E 421HU, 7,188' lateral, 30-day IP of 1,183 BOEPD (76% oil) - Cline, LPI, Bearkat 150 5H, 7,284' lateral, 30-day IP of 835 BOEPD (74% oil) - Lower Wolfcamp (Wolfcamp C), LPI, Sugg D 106 2HL, 7,201' lateral, 30- day IP of 969 BOEPD (66% oil) - Leonard shale (Clearfork), SM Energy, University 29 Sawgrass 2H, 7,933' lateral, 24-hour IP of 492 BOEPD (85% oil) - Atoka, Reliance Energy (private), Mabee 138 801H, 4,545' lateral, 24- hour IP of 897 BOEPD (74% oil) - 2 zone test, PXD, Wolfcamp D and Lower Spraberry - Wolfcamp A, private 3 rd party, 7,268’ lateral, 30-day average IP of 649 BOEPD (~89% oil) - Lower Wolfcamp, LPI, Lane Trust C/E 422HL, 7,571' lateral, 30-day IP of 1,217 BOEPD (79% oil) - Middle Spraberry Shale, Private 3 rd party, 5,041’ lateral, peak 24-hr IP 733 BOEPD (90% oil) - Wolfcamp B, SM Energy Dorcus 3035H, ~5,000’ lateral, Average 30-day rate 1,226 BOEPD (82% oil) Central Basin Platform Eastern Shelf Ozona Arch Midland Basin 4 3 6 7 5 1 8 9 2 10 11 12 4 3 6 7 5 1 8 9 2 10 11 12 Source: Company Filings, Texas Railroad Commission and IHS. Diamondback Energy Acreage Stacked Pay Potential Being Realized in the Permian Basin 13 14 13 14 15 15 16 16 17 17