<<

SCOOP/STACK Wells Put Online Lateral Length (ft) Fluid Intensity (bbls/ft) 6/30/2018 9/30/2018 12/31/2018 3/31/2019 6/30/2018 9/30/2018 12/31/2018 3/31/2019 6/30/2018 9/30/2018 12/31/2018 3/31/2019 OPERATOR SPOTLIGHT 4Q18 1Q19 2Q19 3Q19 4Q18 1Q19 2Q19 3Q19 4Q18 1Q19 2Q19 3Q19 Operator Well Count* INC. 425 26 54 53 15 7,918 8,606 9,177 9,947 45 48 50 48 385 31 21 23 79 9,274 8,800 10,167 8,630 41 51 44 47 ALTA MESA RESOURCES 365 59 20 17 16 159 233 1,101 1,373 861 127 288 25 29 24 13 8,100 8,935 8,856 9,639 53 55 50 32 215 12 20 10 22 9,290 8,264 7,591 6,351 47 32 31 34 CITIZEN ENERGY III LLC 208 21 13 27 20 7,375 9,617 9,089 9,948 63 40 38 46 CHISHOLM OIL & GAS, LLC 149 14 14 12 15 4,350 4,836 4,374 4,675 114 95 57 63 127 9 7 5 6,839 7,137 5,485 16 14 18 125 8 3 10 4 7,446 10,035 6,966 9,821 37 52 45 60 CHAPARRAL ENERGY 107 11 7 24 13 4,751 5,536 4,814 4,944 47 46 41 54 CASILLAS CORP 78 8 2 15 7,700 8,916 9,941 70 63 59 EOG RESOURCES 66 7 4 29 9,483 10,102 9,607 36 35 40 REVOLUTION RESOURCES LLC 65 45544,880 71 RED BLUFF RESOURCES OPERATING LLC 64 75563,7044,4863,6753,72680658689 CAMINO NATURAL RESOURCES LLC 97768,5947,1908,0556,05671706167 GULFPORT ENERGY 3 6 6,953 7,179 55 50 EXXON MOBIL 138411,16510,2138,8288,67974676071 SANDRIDGE ENERGY 3 7 6 4,211 5,069 5,243 42 47 46 PALOMA PERTNERS IV, LLC 6 5 8 4,144 9,401 4,827 57 20 48 TRIUMPH ENERGY PARTNERS LLC 18335,2134,0424,907395438 COMANCHE EXPLORATION CO LLC 23124,9074,8344,2564,91268403942 TAPSTONE ENERGY 6 1 2 5,880 10,115 5,747 28 24 20 SK NEMAHA 25424,1993,3174,4062,14685058122 LIME ROCK 7 6,413 55 CONTANGO OIL & GAS UNIT 21346,9827,5146,0786,38926232424 PALOMA PARTNERS IV LLC 3 1 1 5,088 7,924 10,834 59 48 45 STAGHORN PETROLEUM LLC 2 1 2 4,806 4,611 4,694 51 62 51 RIMROCK RESOURCE OPERATING LLC 3 4,838 60 RED WOLF OPERATING LLC 6 9,543 54 FAIRWAY RESOURCES OPERATING, INC 3 2 4,921 4,926 53 54 RED ROCKS OIL & GAS OPERATING LLC 3 1 1 4,130 4,816 7,955 52 49 69 GAEDEKE OIL & GAS OPERATING LLC 3 4,503 58 CARRERA ENERGY LLC ECHO E & P LLC 6 4,677 58 CRAWLEY PETROLEUM CORPORATION 1 2 4,236 46 GBK CORPORATION 1 1 1 4,945 8,328 25 57 ACACIA EXPLORATION PARTNERS LLC 1 3 4,828 4,918 44 50 RIVIERA OPERATING LLC 3 3 4,310 4,781 62 60 NATIVE EXPLORATION OPERATING LLC 6 1 4 5,900 8,580 55 63 STONE CREEK OPERATING LLC 6 2 1 4,610 4,334 24 18 BNK PETROLEUM (US) INC 6 1 4,990 18 TRP OPERATING LLC 5 1 1 2 6,237 48 STEPHENS ENERGY GROUP LLC 5 KINGERY DRILLING 5 DERBY EXPLORATION LLC 5 3 2 6,858 10,070 51 40 PRIDE ENERGY OK GEN 5 COMANCHE RESOURCES COMPANY 4 *Horizontal Wells Since 7/1/2016. Arrows compare operators, not quarters. 20:1 BOE Ratio Page 1 of 3 SCOOP/STACK Proppant Intensity (lbs/ft) 6-Mo Cum BOE per 1,000' Peak Month BOE per 1,000' 6/30/2018 9/30/2018 12/31/2018 3/31/2019 6/30/2018 9/30/2018 12/31/2018 3/31/2019 6/30/2018 9/30/2018 12/31/2018 3/31/2019 OPERATOR SPOTLIGHT 4Q18 1Q19 2Q19 3Q19 4Q18 1Q19 2Q19 3Q19 4Q18 1Q19 2Q19 3Q19 Operator Well Count* OVINTIV INC. 425 1,782 2,005 2,144 2,215 8,999 9,301 9,975 2,394 2,336 2,389 2,112 CONTINENTAL RESOURCES 385 1,871 2,215 2,110 2,083 14,342 12,134 10,458 3,621 3,252 2,641 3,599 ALTA MESA RESOURCES 365 34,872 19,009 2,498 172,742 142,535 27,292 51,959 42,744 7,448 DEVON ENERGY 288 1,180 881 1,793 2,749 11,361 13,170 12,533 5,739 4,093 3,493 3,751 2,282 MARATHON OIL 215 1,265 1,820 1,251 1,777 13,682 13,009 10,128 101 3,920 4,375 3,514 4,133 CITIZEN ENERGY III LLC 208 2,855 1,688 1,637 1,998 6,278 3,212 5,335 2,107 1,750 893 1,445 1,204 CHISHOLM OIL & GAS, LLC 149 1,989 1,780 1,210 1,065 8,166 6,184 5,719 271 2,581 1,817 1,754 1,340 CHESAPEAKE ENERGY 127 297 250 491 8,368 7,424 12,069 2,455 1,957 3,472 CIMAREX ENERGY 125 2,042 2,726 2,358 2,780 17,401 11,178 14,095 5,940 3,304 4,061 2,888 CHAPARRAL ENERGY 107 2,187 2,294 2,072 2,398 8,826 7,332 9,571 870 2,655 2,594 3,331 2,210 CASILLAS PETROLEUM CORP 78 1,842 1,938 1,146 12,567 14,893 5,272 2,954 4,542 2,462 EOG RESOURCES 66 2,032 2,225 2,364 6,893 9,351 8,381 1,870 2,815 2,383 REVOLUTION RESOURCES LLC 65 2,759 15,684 4,234 RED BLUFF RESOURCES OPERATING LLC 64 1,681 1,765 2,819 2,412 10,171 8,654 10,235 703 2,700 2,497 2,967 4,200 CAMINO NATURAL RESOURCES LLC 2,787 2,783 2,628 2,782 10,916 8,981 9,813 2,865 2,463 2,673 4,458 GULFPORT ENERGY 2,043 2,408 15,186 19,959 4,176 5,831 EXXON MOBIL 2,594 2,510 1,749 2,532 11,113 10,708 7,684 6,225 3,473 2,824 2,255 4,225 SANDRIDGE ENERGY 2,025 1,952 2,025 6,513 9,936 7,958 1,649 2,867 2,070 PALOMA PERTNERS IV, LLC 2,643 1,427 2,301 16,792 8,129 5,642 3,867 2,855 3,354 TRIUMPH ENERGY PARTNERS LLC 1,873 2,616 1,999 8,819 8,307 15,768 2,620 2,541 4,450 COMANCHE EXPLORATION CO LLC 1,532 1,200 1,241 1,225 6,735 12,188 6,952 8,811 1,794 3,686 2,252 2,845 TAPSTONE ENERGY 737 436 510 6,215 3,706 7,044 1,897 900 2,267 SK NEMAHA 1,991 1,463 3,100 5,633 8,780 4,738 16,256 2,014 2,320 1,588 5,025 LIME ROCK 2,189 7,641 2,051 CONTANGO OIL & GAS UNIT 1,175 952 1,118 944 5,883 1,669 5,726 5,045 1,819 395 1,506 1,651 PALOMA PARTNERS IV LLC 2,224 2,448 9,914 8,731 3,627 2,305 1,361 STAGHORN PETROLEUM LLC 1,681 1,383 1,624 12,059 9,700 14,063 3,229 3,178 4,998 RIMROCK RESOURCE OPERATING LLC 2,271 9,063 1,895 RED WOLF OPERATING LLC 2,011 13,071 3,441 FAIRWAY RESOURCES OPERATING, INC 1,347 1,143 13,145 3,234 1,101 RED ROCKS OIL & GAS OPERATING LLC 1,818 1,788 2,063 5,553 3,588 690 1,417 793 161 GAEDEKE OIL & GAS OPERATING LLC 2,686 8,355 2,115 CARRERA ENERGY LLC ECHO E & P LLC 1,952 5,556 1,369 CRAWLEY PETROLEUM CORPORATION 1,422 11,460 2,915 GBK CORPORATION 1,507 2,419 18,242 3,930 1,777 ACACIA EXPLORATION PARTNERS LLC 2,418 2,492 11,647 2,347 2,671 RIVIERA OPERATING LLC 1,492 1,487 5,857 11,503 1,640 3,596 NATIVE EXPLORATION OPERATING LLC 6 2,494 1,516 4,050 6,776 1,912 1,740 STONE CREEK OPERATING LLC 6 17,879 13,795 4,263 3,417 BNK PETROLEUM (US) INC 6 1,982 4,404 1,050 TRP OPERATING LLC 5 2,239 4,043 907 STEPHENS ENERGY GROUP LLC 5 KINGERY DRILLING 5 DERBY EXPLORATION LLC 5 1,812 1,575 11,837 9,356 3,324 2,124 PRIDE ENERGY OK GEN 5 COMANCHE RESOURCES COMPANY 4 *Horizontal Wells Since 7/1/2016. Arrows compare operators, not quarters. 20:1 BOE Ratio Page 2 of 3 Note: All raw data provided by Enverus. BOE Ratio 20 If a Producing Zone is not listed, a "Target Formation" qualifier prefaces the listed producing reservoir 12/31/2015 3/31/2016 6/30/2016 9/30/2016 12/31/2016 3/31/2017 6/30/2017 9/30/2017 12/31/2017 3/31/2018 6/30/2018 9/30/2018 12/31/2018 3/31/2019 Production Quarter 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 12-Month Trend HH Price ($/mmbtu) $2.00 $2.14 $2.88 $3.04 $3.01 $3.08 $2.95 $2.90 $3.08 $2.86 $2.93 $3.80 $2.92 14,000 Operator Perf'd Interval Length (ft) WTI Price ($bbl) $33.18 $45.41 $44.85 $49.14 $51.77 $48.24 $48.16 $55.37 $62.89 $68.03 $69.76 $59.08 $54.83 12,000 ACACIA EXPLORATION PARTNE... Completion Averages 10,000 ALTA MESA RESOURCES Well Count 141 146 188 200 238 287 242 328 324 316 258 306 271 7,357 8,000 6,831 ARNOLD OIL PROPERTIES LLC 6,074 6,025 6,246 6,289 TVD (ft) 5,556 6,088 6,207 5,534 6,536 6,002 7,962 8,324 7,709 7,747 7,748 8,644 9,624 5,504 5,738 5,522 5,629 6,0004,987 5,281 BASIN OPERATING SERVICES LLC Perf'd Interval Length (ft) 4,987 5,504 5,281 5,738 6,074 6,025 6,246 5,522 6,289 5,629 6,831 7,357 7,106 4,000 BLAKE PRODUCTION COMPANY I... Upper Perf (ft) 7,963 9,293 9,031 8,987 9,536 8,766 9,818 8,717 8,648 8,269 8,988 9,493 10,223 2,000 BLUE DEVIL EXPLORATION LLC Stage Count 1362122423233 BMR II LLC 0 Fluid Pumped (bbls) 297,764 332,462 316,227 321,617 333,180 320,687 333,818 315,984 344,267 331,274 356,743 338,301 360,916 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 BNK PETROLEUM (US) INC Fluid Intensity (bbls/ft) 59.7 60.4 59.9 56.1 54.9 53.2 53.4 57.2 54.7 58.9 52.2 46.0 50.8 P10/P90 Area Basin Average Company Perf'd Interval CAMINO NATURAL RESOURCES ... Proppant (MMlbs) 11.04 12.39 11.11 11.74 12.39 12.94 12.46 11.97 12.66 11.36 12.70 14.37 14.73 CARRERA ENERGY LLC Proppant Intensity (lbs/ft) 2,214 2,252 2,104 2,046 2,041 2,148 1,995 2,168 2,012 2,017 1,859 1,953 2,073 Fluid Intensity (bbls/ft) CASILLAS PETROLEUM CORP P10 Proppant Intensity (lbs/ft) 112 409 363 264 448 622 515 441 467 311 332 465 652 120 CHAPARRAL ENERGY Industry Avg. Proppant Intensity (lbs/ft) 2,214 2,252 2,104 2,046 2,041 2,148 1,995 2,168 2,012 2,017 1,859 1,953 2,073 CHESAPEAKE ENERGY 100 CHEYENNE PETROLEUM COMPA... P90 Proppant Intensity (lbs/ft) 4,315 4,094 3,846 3,828 3,633 3,675 3,475 3,895 3,557 3,723 3,386 3,441 3,494 80 CHISHOLM OIL & GAS, LLC Max Injection Pressure (PSI) 59.7 60.4 59.9 58.9 CIMAREX ENERGY Performance Averages 56.1 54.9 57.2 54.7 Producing Zone 60 53.2 53.4 52.2 46.0 CITATION ENERGY CO 6-Mo Cum (boe) 68,423 62,962 60,212 66,753 71,367 74,592 68,230 57,059 70,699 64,745 71,509 71,716 14,723 Below Granite Wash CITIZEN ENERGY III LLC 6-Mo Cum per Perf'd ft (boe/ft) 13.72 11.44 11.40 11.63 11.75 12.38 10.92 10.33 11.24 11.50 10.47 9.75 2.07 40 Caney COMANCHE EXPLORATION CO L... 6-Mo Average Daily Rate (boe/d) 376 346 331 367 392 410 375 314 388 356 393 394 81 Chester 20 COMANCHE RESOURCES COMP... Peak Rate (boe/month) 19,256 17,020 16,808 18,239 20,475 21,890 20,364 16,370 19,767 18,403 19,926 19,976 21,605 Hunton CONTANGO OIL & GAS Peak Monthly Rate per Perf'd ft (boe/ft) 3.86 3.09 3.18 3.18 3.37 3.63 3.26 2.96 3.14 3.27 2.92 2.72 3.04 0 Manning 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Oil Gravity (API) 30323228424342424140403734 Mayes Meramec Lower 2nd Month GOR (Mcf/bbl) 12,838 92,989 36,068 12,553 21,453 8,307 18,996 57,187 11,733 13,936 6,893 6,768 4,825 P10/P90 Area Basin Average Company Fluid Intensity Meramec Upper Cum GOR (Mcf/bbl) 95,343 325,472 19,962 87,418 99,372 207,347 35,427 288,929 24,771 43,207 9,139 14,730 6,880 Miss Lime 35 6-Mo Cum per Perf'd ft (boe/ft) Peak Monthly Rate per Perf'd ft (boe/ft) 5,000 Proppant Intensity (lbs/ft) Osage Lower 10 30 4,000 Osage Upper 25 8 Oswego 20 3,000 6 2,252 2,214 2,104 2,148 2,168 Pennsylvanian 13.72 2,046 2,041 1,995 2,012 2,017 1,953 15 12.38 3.86 1,859 11.44 11.40 11.63 11.75 10.92 11.24 11.50 3.63 2,000 10.33 10.47 9.75 4 3.09 3.18 3.18 3.37 3.26 3.14 3.27 Simpson Group 2.96 2.92 2.72 10 Springer 1,000 5 2 Sycamore 0 0 0 Target Form.-CANEY 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 P10/P90 Area Target Form.-CHEROKEE P10/P90 Area P10/P90 Area Basin Average Company Proppant Intensity Industry Avg. 6-Mo Cum per Perf'd ft (boe/ft) Industry Avg. Peak Monthly Rate per Perf'd ft (boe/ft) Target Form.-CHEROKEE SAND 6-Mo Cum per Perf'd ft (boe/ft) Peak Monthly Rate per Perf'd ft (boe/ft) Target Form.-CHESTER 80,000 4000 First Prod Year Target Form.-GODDARD 2016 Target Form.-HOXBAR 70,000 3500 2017 Target Form.-HOXBAR & MARCH... 2018 Target Form.-HUNTON 60,000 3000 2019 Target Form.-MANNING Target50,000 Form.-MARAMEC 2500 Values (BBLS/MCF) Average of Gas COUNT

40,000 2000 Average of Liq

WELL Well Count 30,000 1500 PRODUCTION

20,000 1000

10,000 500

0 0 01234567891011121314151617181920222324