FINANCIAL HIGHLIGHTS
PRODUCTION BY PRODUCT
2016
2017
2018
2019E
- CRUDE OIL
- NATURAL GAS
- NATURAL GAS LIQUIDS
Production is expected to grow by approximately 11% in 2019, driven by our multi-well developments in the Eagle Ford Shale and Delaware Basin.
PRODUCTION BY REGION
2016
2017
2018
2019E
- EAGLE FORD
- PERMIAN
- NIOBRARA
- APPALACHIA
The Eagle Ford Shale is expected to account for the majority of our total production in 2019.
PRODUCTION
2018 total production was 60.4 MBoe/d, an increase of 12% versus 2017 due to strong growth in the Delaware Basin. In our two core areas, the Eagle Ford Shale and the Delaware Basin, we grew production by 35% during 2018.
CRUDE OIL PRODUCTION
2018 crude oil production was 39.0 MBbls/d, up 13% versus 2017 due to strong growth in the Delaware Basin. In our two core areas, the Eagle Ford Shale and the Delaware Basin, we grew production by 20% during 2018.
- EAGLE FORD
- PERMIAN
- NIOBRARA
- APPALACHIA
RESERVES
2018 total reserve replacement was 478% at an all-sources FD&A cost of $10.34 per Boe. Delaware Basin reserves increased 98% versus year-end 2017.
PV-10
Our year-end 2018 PV-10 increased to $4.1 billion, a 55% increase versus year-end 2017. Since 2015, our PV-10 has increased by 200% while WTI oil prices have increased by 30%.
- PDP
- PUD
- WTI OIL PRICE