Close
❮
❯
Enverus Home
docFinder
M&A
Learn More
Videos
About Us
Contact Us
Register
Log In
Username (email)
Password
Remember Me
Forgot Password?
or
Sign Up Now!
New Search*
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Full Document
Key Slides
Marathon Oil Corporation
|
Q3 2016 Financial Presentation
| Lee M. Tillman | Page 12 of 11 |
November 23, 2024
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Document:
"Q3 2016 Financial Presentation"
View Full Document
×
Search Selection
Search by Text
Search
Search by Slide
Search
Cross reference your docFinder results against PLS' extensive news archives.
For demo or training contact Melwyn Oommen,
melwyn.oommen@drillinginfo.com
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Legal Disclaimer
.
Next 200
First
Previous
Zoom
Next
Last
Eagle Ford Driving Efficiencies at Scale 4Q activity holds production flat sequentially Proppant Increases Drilling Performance • Production averaged 97 net MBOED; down ~10% from 2Q 2016 • 36 gross operated wells to sales (24 net working interest wells) • Testing “engineered” completion designs with increased proppant and variable stage intervals • Continuing efforts to reduce drilling time and costs – <$4.0MM completed well costs; down ~20% from year-ago quarter • Increasing from 4 to 6 rigs in 4Q 75 100 5 150 175 1,000 1,500 2,000 2,500 3,000 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Drilling Cost Per Foot ($) Drilling Feet Per Day Drilling Feet per Day Cost per Foot 22 21 25 22 27 10 15 20 25 30 0 500 1,000 1,500 2,000 Stages Per Well Proppant (lb/ft) Proppant Per Foot Stages Per Well 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016