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Laredo Petroleum Inc
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Investor Meeting 2015
| Ron Hagood; Randy Foutch; Mark King; Gary Smallwood; Partick Curth; Mark Elliott; James Courtier; Jay Still; Dan Schooley; Rick Buterbaugh | Page 106 of 11 |
November 23, 2024
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106 Enhance Well Returns By optimizing well performance with the Earth Model, as well as D&C reductions from drilling longer laterals, pad drilling, efficiency gains and additional service cost savings, well economics in this commodity price environment can rival the returns presented just a year ago at $90 crude oil 2013 UWC 2015 UWC Lateral Length +10% on EUR Pad Drilling -10% D&C Lateral Length 7,500' 10,000' 10,000' 10,000' 10,000' EUR 758 1,110 1221 1,110 1,110 D&C ($MM) $7.8 $7.3 $7.3 $6.9 $6.21 Crude Price $90.00 $50.00 $50.00 $50.00 $50.00 Natural Gas Price $3.75 $3.00 $3.00 $3.00 $3.00 ROR ~47% ~31% ~45% ~36% ~46%