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Midland Basin

Top-Tier Execution, Well Performance and Capital Efficiency

Plan execution*

Completions Execution

• ~100+ net completions planned for 2019

• 19 net completions in 3Q19

• 78 net completions YTD

Great New Wells

• 11 new RockStar wells reached their 30-day peak rates that averaged approximately 1,180 Boe/d (90% oil) 

• Continued encouraging results from Middle Spraberry, Wolfcamp D, and Dean test wells

Top Tier Capital Efficiency

• Drilling/completing faster, longer laterals, lower sand costs

YE 2018 INVENTORY: 12 – 16 YEARS

Operating Details*

*as of October 2019