Integrity Urgency Ownership - - PowerPoint PPT Presentation

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Integrity Urgency Ownership - - PowerPoint PPT Presentation

Integrity Urgency Ownership Alignment Innovation Hilcorp Alaska Workforce Year End 2012 255 Employees 96% Alaska Residents Year End 2013 316 Employees 97% Alaska


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SLIDE 1

Integrity • Urgency • Ownership • Alignment • Innovation

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SLIDE 2

Hilcorp Alaska Workforce

Year End 2012

255 Employees 96% Alaska Residents

Year End 2013

316 Employees 97% Alaska Residents

Year End 2014

505 Employees 88% Alaska Residents

Year End 2015

515 Employees 89% Alaska Residents

Today

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SLIDE 3

Strong Safety Performance

500000 1000000 1500000 2000000 2500000 3000000 3500000 2012 2013 2014 2015 2016 YTD

Total Man Hours

Total Recordable Injury Rate (TRIR) @ .95 BELOW NaFonal & AK Average

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SLIDE 4

Alaska Investments

$ in Millions $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 2012 2013 2014 2015 2016p

9 10 23 14 15

# OF WELLS DRILLED

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SLIDE 5

Gas Production

MCF/ DAY

  • 50,000

100,000 150,000 200,000 250,000 300,000 1/1/2012 1/1/2013 1/1/2014 1/1/2015 1/1/2016 Market

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SLIDE 6

Oil Production

BOPD

  • 10,000

20,000 30,000 40,000 50,000 60,000 70,000

Current 51,000 BOPD 12/31/16 55,000 BOPD 1/1/12 6,950 BOPD

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SLIDE 7

Cook Inlet - Offshore

MacArthur River Field Redevelopment Program Currently drilling a 5 well program spanning into 2017 PotenFal for follow up Granite Point Field Launching 5 Year drilling program in early 2017 Middle Ground Shoal Field Shot 3D seismic in 2015 Development drilling opportuniFes Baker and Dillon reacFvaFon?

King Salmon Pla_orm – Kuukpik 5 Rig

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SLIDE 8

Cook Inlet - Onshore

Drilling to meet Gas Demands 45 Drill Wells since 2012 Completed ~50 miles of new 2D seismic to support future exploraFon Compressor Upgrade and OpFmizaFon at Kenai Gas Field Drilling for Gas on the Kalotsa Pad – Ninilchik (Nov. 2016) Swanson River producing ~2750 BOEPD – Gas well in Spring of 2017

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SLIDE 9

North Slope

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SLIDE 10

North Slope – Moose Pad

275 ConstrucKon Jobs Long-Term OperaKons posiKons

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SLIDE 11

Innovation Rig

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SLIDE 12

Liberty

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SLIDE 13

Northstar Island Turns 15

First ProducFon October 2001 Peak Rate 78,695 BOPD in 2004 Today ~6,800 BOPD CumulaFve ProducFon: ~169 MMBO $2.2 Billion Benefit to the State