Tuesday, November 6, 2018

Oasis -- November, 2018, Corporate Presentation

Link herePresentations.

Things the caught my eye.

November, 2018, presentation: 26 slides.
  • Bakken: added Painted Woods to core inventory in February; initial well results are outperforming company's expectations
  • net acres
    • Williston: 418,000
    • Delaware: 23,000
  • Gross operated core and extended core:
    • Williston: 1,432
    • Delaware: 601
  • Rigs:
    • Williston: 4 - 5 (will add 5th rig, December, 2018)
    • Delaware: 1 - 2 (will add 3rd rig, summer, 2019)
  • Production (3Q18) (Mboepd)
    • Williston: 81
    • Delaware: 5
  • LOE: $6.18 (almost identical to that reported by CLR)
  • Williston core:
    • Wild Basin
    • Indian Hills
    • Painted Woods (recently added)
    • Alger
  • Williston extended core
    • Red Bank
    • Montana
  • Williston other
    • Cottonwood
    • State line
  • Oasis' MLP midstream: 2nd largest gas processor in the Williston Basin
    • two OWS spreads running in Williston
  • Slide 23
    • Alger and Wild Basin: exceeding 1.5-million-bbl boe EUR type curve 
    • even CLR doesn't show a 1.5 million-bbl boe EUR type curve

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