Midland Basin
Focused on Execution, Well Performance and Capital Efficiency
2022 Operating Plan
2022 Plan Details
• ~38 net wells completed and ~53 net wells drilled
• ~12,360’ expected average lateral feet per well
• ~38% Boe PDP decline expected (YE21 – YE22)
Best in Class Well Performance
• New completion design driving higher EUR and NAV per well
• Continue to test 8 prospective intervals
• 2022 completion designs expected to utilize average fluid loading of 60 Bbls/ft and 2,800 lbs/ft sand
Operating Details*
*as of September 30, 2022
