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Risk

Geological POS
Mechanical POS
Total POS
Interests
Production (+MC&OE)
OPEX
Capital Expenditures
Abandonment Liability
NRI
OPEX
850
Gas Offset
0.49
Cond Offset
4.20
Nominal
Cost ($M)
0
0
0
0
0
0
0
60
0
0
0
60

Date
Jan 2008
Jan 2008
Jan 2008
Jan 2008
Jan 2008
Jan 2008
Jan 2008
Jan 2008
Jan 2008
Jan 2008
Jan 2008

100%
100%
100%

100%
100%
100%
100%
87%
$/day
$/MCF
$/bbl

Hydrocarbon Recovery
IP Rate
1,000
MCFD
Final Rate
900
MCFD
Yield
0
bbl/mmcf
Reserves
345
MMCF
Producing Life
#VALUE!
years
Decline Rate
#VALUE! per year
Prod End Date #VALUE!
<>

Oil
Gas
Cond

Economic Results (10.5% Discount Rate)


EV
Success
Fail
NPV ($M)
#VALUE! #VALUE! #VALUE!
CapEx ($M)
#VALUE! #VALUE! #VALUE!
DPI
#VALUE! #VALUE! #VALUE!
Description

Drilling Tangible
Drilling Intangible
Drilling Tangible (Completion)
Drilling Intangible (Completion)
Workover Tangible
Workover Intangible
G&A Wells
Facilities Tangible
G&A Facility
Incremental Abandonment
Dry Hole Cost

CVX Cost
($M)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

NPV
Impact
($M)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Disc B/T
Inv ($M)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Price Decks
Manual Oil
Manual Gas
Manual Cond

Project Name
Install L.P. Comp@ Monte Christo
Product Type
Gas
Discount Date
Nov 2008
Escalation Date
Nov 2008
Initial Production Date
Nov 2008
Reserves (Gross)
Gas (MMCF)
Cond (MBO)
Total (MBOEG)

EV
345
0
58

Production/OPEX NPV Wedge ($M)


Maintenance Capital
0.50
Overhead Expense
0.113
Maint Cap Disc B/T Inv
#VALUE!

Success
345
0
58
#VALUE!
$/BOEG
$/BOEG
$M

Full Wedge Info for Promote Analysis ($M)


Production/Opex NPV Wedge
#VALUE!
Success Capital NPV Wedge
#VALUE!
Failure Capital NPV Wedge
#VALUE!
Success Captial Disc B/T Inv
#VALUE!
Failure Capital Disc B/T Inv
#VALUE!
Success Maint Cap Disc B/T Inv
#VALUE!
Initial Gas Price $/Mcf
6

Discount Rate

10.5%
Disc:10%

Exponential Decline, Constant Yield, 2% Cost Inflation, 16-2/3% Royalty, 38% Income Tax
CapEx does not include ABN or MC costs. DPI = 1 + NPV / Discounted B/T Inv (excl ABN)

Questions?
(Beta Version!)
JBollinger@chevron.com

POS
###
0%
5%
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15%
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30%
35%
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45%
50%
55%
60%
65%
70%
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80%
85%
90%
95%
100%
###
0%
5%
10%
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20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%
75%
80%
85%
90%
95%
100%
###
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%

Promote Analysis
Partner Partner
Base
NPV Added Prom NPV
Cap% Prod% NPV (CVX) by Promote Add/Base
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
100%
50%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
80%
40%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!

Suc Case
NPV
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Fail Case
NPV
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Economic Summary
EV Case Suc Case
NPV
DPI
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!

Fail Case
DPI
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Background Calculations
EV Case Prod/Opex Suc Cap Fail Cap EV Cap Suc Disc
DPI
NPV (Suc)
NPV
NPV
NPV
BT Inv
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
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###
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#VALUE! #VALUE! #VALUE!
###
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###
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###
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###
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###
###
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###
###
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#VALUE! #VALUE! #VALUE!
###
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###
###
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#VALUE! #VALUE! #VALUE!
###
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###
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###
###
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###
###
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###
###
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#VALUE! #VALUE! #VALUE!
###
###
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###
###
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#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
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###
###
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#VALUE! #VALUE! #VALUE!
###
###
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###
###
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###
###
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#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
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#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!

Fail Disc EV Disc


BT Inv
BT Inv
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
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###
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###
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###
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###
#VALUE!
###
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###
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###
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###
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###
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###
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###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###

Background Calculations
Crossover POS at Minimum
Series
POS
NPVd=1 Terms (x:1)
Title
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#N/A
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
100 for 50
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#N/A
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
80 for 40
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#N/A
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60

Page 2 of 31

POS
70%
75%
80%
85%
90%
95%
100%
###
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%
75%
80%
85%
90%
95%
100%
###
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%
75%
80%
85%
90%
95%
100%
0%
5%
10%
15%
20%
25%
30%
35%

Promote Analysis
Partner Partner
Base
NPV Added Prom NPV
Cap% Prod% NPV (CVX) by Promote Add/Base
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
90%
60%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
60%
40%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
90%
30%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!

Suc Case
NPV
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Fail Case
NPV
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Economic Summary
EV Case Suc Case
NPV
DPI
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!

Fail Case
DPI
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Background Calculations
EV Case Prod/Opex Suc Cap Fail Cap EV Cap Suc Disc
DPI
NPV (Suc)
NPV
NPV
NPV
BT Inv
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!

Fail Disc EV Disc


BT Inv
BT Inv
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###

Background Calculations
Crossover POS at Minimum
Series
POS
NPVd=1 Terms (x:1)
Title
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
90 for 60
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#N/A
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
60 for 40
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#N/A
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#VALUE!
90 for 30
#VALUE!
###
#N/A
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX

Page 3 of 31

POS
40%
45%
50%
55%
60%
65%
70%
75%
80%
85%
90%
95%
100%

Promote Analysis
Partner Partner
Base
NPV Added Prom NPV
Cap% Prod% NPV (CVX) by Promote Add/Base
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!
0%
0%
#VALUE!
#VALUE! #VALUE!

Suc Case
NPV
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Fail Case
NPV
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Economic Summary
EV Case Suc Case
NPV
DPI
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!
#VALUE! #VALUE!

Fail Case
DPI
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Background Calculations
EV Case Prod/Opex Suc Cap Fail Cap EV Cap Suc Disc
DPI
NPV (Suc)
NPV
NPV
NPV
BT Inv
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!
#VALUE! #VALUE! #VALUE!
###
###
#VALUE!

Fail Disc EV Disc


BT Inv
BT Inv
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###
#VALUE!
###

Background Calculations
Crossover POS at Minimum
Series
POS
NPVd=1 Terms (x:1)
Title
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX
#VALUE!
###
#VALUE!
100% CVX

Page 4 of 31

Minimum Promotion Terms to Enhance NPV


Install L.P. Comp@ Monte Christo

5.00

Value Creation

Promotion Terms

4.00

3.00

2.00

Value Destruction
1.00
0%

10%

20%

30%

40%

50%

POS (%)

60%

70%

80%

90%

100%

NPV Comparison between Promotions and 100% CVX


Install L.P. Comp@ Monte Christo

12

10

8
100% CVX
100 for 50

NPV
($M)

80 for 40

90 for 60
60 for 40
90 for 30

0
0%

10%

20%

30%

40%

50%

POS (%)

60%

70%

80%

90%

100%

NPV Added by a Promotion (versus 100% CVX)


Install L.P. Comp@ Monte Christo

12

10

8
100 for 50

80 for 40

90 for 60
60 for 40
90 for 30

0
0%

10%

20%

30%

40%

50%

POS (%)

60%

70%

80%

90%

100%

NPV% Added by a Promotion (versus 100% CVX)


Install L.P. Comp@ Monte Christo

1.00
0.80
0.60
0.40
0.20

100 for 50
80 for 40

0.00
0%

90 for 60

10%

20%

30%

40%

50%

-0.20
-0.40
-0.60
-0.80
-1.00

POS (%)

60%

70%

80%

90%

100%

60 for 40
90 for 30

Oil
Gas
Cond
Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Manual Oil
Manual Gas
Manual Cond
Oil ($/bbl)
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00

Gas ($/MCF) Cond ($/bbl)


6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00

User-Entered Price Deck


Manual Oila Manual Oil Manual Gas
Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Oil ($/bbl) Gas ($/MCF)


60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00
60.00
6.00

2051
2052
2053
2054

Deck#
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

60.00
60.00
60.00
60.00

6.00
6.00
6.00
6.00

60.00
60.00
60.00
60.00

2051
2052
2053
2054

List of Price Decks


Oil
Gas
Condensate
Manual Oil Manual Gas Manual Cond
WTI 2006.SPHenry Hub 200 WTI - Cond 2006.SPlan
WTI 2006.SPHenry Hub 200 WTI - Cond 2006.SPlan High
WTI 2006.SPHenry Hub 200 WTI - Cond 2006.SPlan Low
WTI $55/STBHenry Hub $8/ WTI - Cond $55/STB Flat
WTI 2006-08Henry Hub 200 WTI - Cond 2006-08.Bplan
WTI 2005-07Henry Hub 200 WTI - Cond 2005-07Mod.MidTrend
WTI 2005 - 2Henry Hub 2005WTI - Cond 2005 - 2007 BPlan
WTI 2003 Lo Henry Hub 200 WTI - Cond 2003 Long Range Plan
WTI 2002-Ja Henry Hub 200 WTI - Cond 2002-Jan
Deck 11 Oil Deck 11 Gas Deck 11 Cond
Deck 12 Oil Deck 12 Gas Deck 12 Cond
Deck 13 Oil Deck 13 Gas Deck 13 Cond
Deck 14 Oil Deck 14 Gas Deck 14 Cond
Deck 15 Oil Deck 15 Gas Deck 15 Cond

60.00
60.00
60.00
60.00

6.00
6.00
6.00
6.00

Entered Price Deck


Manual Cond
Cond ($/bbl)
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00

WTI 2006.SPlana
WTI 2006.SPlan
Year
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
2051

Henry Hub 2006.SPlan WTI - Cond 2006.SPlan

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
7.31
55.00
55.20
6.62
55.20
56.30
6.76
56.30
57.40
6.89
57.40
58.60
7.03
58.60
59.80
7.17
59.80
60.90
7.31
60.90
62.20
7.46
62.20
63.40
7.61
63.40
64.70
7.76
64.70
66.00
7.92
66.00
67.30
8.08
67.30
68.60
8.24
68.60
70.00
8.40
70.00
71.40
8.57
71.40
72.80
8.74
72.80
74.30
8.92
74.30
75.80
9.09
75.80
77.30
9.28
77.30
78.80
9.46
78.80
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40
80.40
9.65
80.40

WTI 2006.SPlan Higha


Year
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
2051

60.00
60.00
60.00
60.00

2052
2053
2054
2055

80.40
80.40
80.40
80.40

9.65
9.65
9.65
9.65

80.40
80.40
80.40
80.40

2052
2053
2054
2055

WTI 2006.SPlan High Henry Hub 2006.SPlan High WTI - Cond 2006.SPlan High

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


75.00
10.00
75.00
79.10
10.00
79.10
79.60
10.00
79.60
80.10
10.00
80.10
81.20
9.47
81.20
82.80
8.83
82.80
84.50
9.01
84.50
86.20
9.19
86.20
87.90
9.37
87.90
89.60
9.56
89.60
91.40
9.75
91.40
93.30
9.95
93.30
95.10
10.15
95.10
97.00
10.35
97.00
99.00
10.56
99.00
100.90
10.77
100.90
103.00
10.98
103.00
105.00
11.20
105.00
107.10
11.43
107.10
109.30
11.65
109.30
111.40
11.89
111.40
113.70
12.13
113.70
115.90
12.37
115.90
118.30
12.62
118.30
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60
120.60
12.87
120.60

WTI 2006.SPlan Lowa


WTI 2006.SPlan Low
Year
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
2051

Henry Hub 2006.SPlan Low

WTI - Cond 2006.SPlan Low

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


35.00
6.00
35.00
38.30
6.00
38.30
38.00
6.00
38.00
37.70
6.00
37.70
37.90
5.41
37.90
38.60
5.52
38.60
39.40
5.63
39.40
40.20
5.74
40.20
41.00
5.86
41.00
41.80
5.98
41.80
42.70
6.09
42.70
43.50
6.22
43.50
44.40
6.34
44.40
45.30
6.47
45.30
46.20
6.60
46.20
47.10
6.73
47.10
48.05
6.86
48.05
49.00
7.00
49.00
50.00
7.14
50.00
51.00
7.28
51.00
52.00
7.43
52.00
53.05
7.58
53.05
54.10
7.73
54.10
55.20
7.88
55.20
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30
56.30
8.04
56.30

120.60
120.60
120.60
120.60

12.87
12.87
12.87
12.87

120.60
120.60
120.60
120.60

2052
2053
2054
2055

56.30
56.30
56.30
56.30

8.04
8.04
8.04
8.04

56.30
56.30
56.30
56.30

WTI $55/STB Flata


WTI $55/STB Flat
Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Henry Hub $8/MCF Flat WTI - Cond $55/STB Flat

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00
55.00
8.00
55.00

WTI 2006-08.Bplana
WTI 2006-08.Bplan
Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Oil ($/bbl)
50.00
44.00
40.00
37.00
37.90
38.60
39.40
40.20
41.00
41.80
42.70
43.50
44.40
45.30
46.20
47.10
48.00
49.00
50.00
51.00
52.00
53.00
54.10
55.20
56.30
57.40
58.60
59.70
60.90
62.20
63.40
64.70
66.00
67.30
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60

2051
2052
2053
2054

55.00
55.00
55.00
55.00

8.00
8.00
8.00
8.00

55.00
55.00
55.00
55.00

2051
2052
2053
2054

68.60
68.60
68.60
68.60

Henry Hub 2006-08.Bplan

WTI - Cond 2006-08.Bplan

Gas ($/MCF) Cond ($/bbl)


6.50
50.00
6.75
44.00
6.00
40.00
5.50
37.00
5.40
37.90
5.50
38.60
5.65
39.40
5.75
40.20
5.85
41.00
6.00
41.80
6.10
42.70
6.20
43.50
6.35
44.40
6.45
45.30
6.60
46.20
6.75
47.10
6.85
48.00
7.00
49.00
7.15
50.00
7.30
51.00
7.45
52.00
7.60
53.00
7.70
54.10
7.90
55.20
8.00
56.30
8.20
57.40
8.40
58.60
8.50
59.70
8.70
60.90
8.90
62.20
9.10
63.40
9.20
64.70
9.40
66.00
9.60
67.30
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60

WTI 2005-07Mod.MidTrenda

WTI 2005-07Mod.MidTrend

Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Henry Hub 2005-07Mod.MidTrend

WTI - Cond 2005-07Mod.MidTrend

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


44.00
6.50
44.00
37.00
6.00
37.00
30.00
5.00
30.00
27.00
5.05
27.00
26.90
4.85
26.90
27.70
4.65
27.70
28.50
4.70
28.50
29.40
4.80
29.40
30.20
4.85
30.20
31.10
4.95
31.10
32.00
5.00
32.00
32.90
5.10
32.90
33.90
5.15
33.90
34.80
5.25
34.80
35.80
5.30
35.80
36.80
5.40
36.80
37.40
5.50
37.40
37.90
5.60
37.90
38.50
5.60
38.50
39.10
5.70
39.10
39.60
5.80
39.60
40.20
5.90
40.20
40.80
6.00
40.80
41.50
6.10
41.50
42.10
6.20
42.10
42.70
6.30
42.70
43.30
6.40
43.30
44.00
6.40
44.00
44.70
6.50
44.70
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30
45.30
6.60
45.30

WTI 2005 - 2007 BPlana

9.80
9.80
9.80
9.80

68.60
68.60
68.60
68.60

2051
2052
2053
2054

45.30
45.30
45.30
45.30

6.60
6.60
6.60
6.60

45.30
45.30
45.30
45.30

WTI 2005 - 2007 BPlana


WTI 2005 - 2007 BPlan
Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Henry Hub 2005 - 2007 BPlan

WTI - Cond 2005 - 2007 BPlan

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


27.00
5.00
27.00
27.00
5.00
27.00
27.00
5.00
27.00
27.00
5.05
27.00
26.90
4.85
26.90
27.70
4.65
27.70
28.50
4.70
28.50
29.40
4.80
29.40
30.20
4.85
30.20
31.10
4.95
31.10
32.00
5.00
32.00
32.90
5.10
32.90
33.90
5.15
33.90
34.80
5.25
34.80
35.80
5.30
35.80
36.80
5.40
36.80
37.80
5.50
37.80
38.90
5.60
38.90
40.00
5.60
40.00
41.20
5.70
41.20
42.30
5.80
42.30
43.50
5.90
43.50
44.80
6.00
44.80
46.10
6.10
46.10
47.40
6.20
47.40
48.70
6.30
48.70
50.10
6.40
50.10
51.50
6.40
51.50
53.00
6.50
53.00
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50
54.50
6.60
54.50

WTI 2003 Long Range Plana

WTI 2003 Long Range Plan

Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Henry Hub 2003 Long Range Plan

Oil ($/bbl) Gas ($/MCF)


22.00
4.00
22.00
4.00
22.70
4.06
23.20
4.14
23.60
3.94
24.10
4.02
24.60
4.10
25.10
4.18
25.60
4.27
26.10
4.35
26.60
4.44
27.20
4.53
27.70
4.62
28.30
4.71
28.80
4.80
29.40
4.90
29.99
5.00
30.59
5.10
31.20
5.20
31.82
5.30
32.46
5.41
33.11
5.52
33.77
5.63
34.45
5.74
35.14
5.86
35.84
5.97
36.56
6.09
37.29
6.21
38.03
6.34
38.79
6.47
39.57
6.59
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73
40.36
6.73

2051
2052
2053
2054

54.50
54.50
54.50
54.50

6.60
6.60
6.60
6.60

54.50
54.50
54.50
54.50

2051
2052
2053
2054

40.36
40.36
40.36
40.36

6.73
6.73
6.73
6.73

WTI - Cond 2003 Long Range Plan

Cond ($/bbl)
22.00
22.00
22.70
23.20
23.60
24.10
24.60
25.10
25.60
26.10
26.60
27.20
27.70
28.30
28.80
29.40
29.99
30.59
31.20
31.82
32.46
33.11
33.77
34.45
35.14
35.84
36.56
37.29
38.03
38.79
39.57
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36
40.36

WTI 2002-Jana
WTI 2002-Jan
Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050

Henry Hub 2002-2004 Bplan

WTI - Cond 2002-Jan

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


21.00
3.80
21.00
21.40
3.85
21.40
21.90
3.95
21.90
22.30
4.00
22.30
22.70
4.10
22.70
23.20
4.15
23.20
23.70
4.25
23.70
24.10
4.35
24.10
24.60
4.45
24.60
25.10
4.55
25.10
25.60
4.60
25.60
26.10
4.70
26.10
26.60
4.80
26.60
27.20
4.90
27.20
27.70
5.00
27.70
28.30
5.10
28.30
28.80
5.20
28.80
29.40
5.30
29.40
30.00
5.40
30.00
30.60
5.50
30.60
31.20
5.65
31.20
31.80
5.75
31.80
32.50
5.85
32.50
33.10
5.95
33.10
33.80
6.10
33.80
34.50
6.20
34.50
35.20
6.35
35.20
35.90
6.45
35.90
36.60
6.60
36.60
37.30
6.75
37.30
38.00
5.40
38.00
38.76
5.50
38.76
39.53
5.61
39.53
40.32
5.73
40.32
41.13
5.84
41.13
41.95
5.96
41.95
42.79
6.08
42.79
43.65
6.20
43.65
44.52
6.32
44.52
45.41
6.45
45.41
45.41
6.45
45.41
45.41
6.45
45.41
45.41
6.45
45.41
45.41
6.45
45.41
45.41
6.45
45.41
45.41
6.45
45.41

Deck 11 Oila
Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045

40.36
40.36
40.36
40.36

2051
2052
2053
2054

45.41
45.41
45.41
45.41

6.45
6.45
6.45
6.45

45.41
45.41
45.41
45.41

2046
2047
2048
2049

Deck 11 Oil Deck 11 Gas Deck 11 Cond

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


50.00
6.50
50.00
44.00
6.75
44.00
40.00
6.00
40.00
37.00
5.50
37.00
37.90
5.40
37.90
38.60
5.50
38.60
39.40
5.65
39.40
40.20
5.75
40.20
41.00
5.85
41.00
41.80
6.00
41.80
42.70
6.10
42.70
43.50
6.20
43.50
44.40
6.35
44.40
45.30
6.45
45.30
46.20
6.60
46.20
47.10
6.75
47.10
48.00
6.85
48.00
49.00
7.00
49.00
50.00
7.15
50.00
51.00
7.30
51.00
52.00
7.45
52.00
53.00
7.60
53.00
54.10
7.70
54.10
55.20
7.90
55.20
56.30
8.00
56.30
57.40
8.20
57.40
58.60
8.40
58.60
59.70
8.50
59.70
60.90
8.70
60.90
62.20
8.90
62.20
63.40
9.10
63.40
64.70
9.20
64.70
66.00
9.40
66.00
67.30
9.60
67.30
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60

Deck 12 OilaDeck 12 Oil Deck 12 Gas Deck 12 Cond


Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


50.00
6.50
50.00
44.00
6.75
44.00
40.00
6.00
40.00
37.00
5.50
37.00
37.90
5.40
37.90
38.60
5.50
38.60
39.40
5.65
39.40
40.20
5.75
40.20
41.00
5.85
41.00
41.80
6.00
41.80
42.70
6.10
42.70
43.50
6.20
43.50
44.40
6.35
44.40
45.30
6.45
45.30
46.20
6.60
46.20
47.10
6.75
47.10
48.00
6.85
48.00
49.00
7.00
49.00
50.00
7.15
50.00
51.00
7.30
51.00
52.00
7.45
52.00
53.00
7.60
53.00
54.10
7.70
54.10
55.20
7.90
55.20
56.30
8.00
56.30
57.40
8.20
57.40
58.60
8.40
58.60
59.70
8.50
59.70
60.90
8.70
60.90
62.20
8.90
62.20
63.40
9.10
63.40
64.70
9.20
64.70
66.00
9.40
66.00
67.30
9.60
67.30
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60

68.60
68.60
68.60
68.60

9.80
9.80
9.80
9.80

68.60
68.60
68.60
68.60

2046
2047
2048
2049

68.60
68.60
68.60
68.60

9.80
9.80
9.80
9.80

68.60
68.60
68.60
68.60

Deck 13 OilaDeck 13 Oil Deck 13 Gas Deck 13 Cond


Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


50.00
6.50
50.00
44.00
6.75
44.00
40.00
6.00
40.00
37.00
5.50
37.00
37.90
5.40
37.90
38.60
5.50
38.60
39.40
5.65
39.40
40.20
5.75
40.20
41.00
5.85
41.00
41.80
6.00
41.80
42.70
6.10
42.70
43.50
6.20
43.50
44.40
6.35
44.40
45.30
6.45
45.30
46.20
6.60
46.20
47.10
6.75
47.10
48.00
6.85
48.00
49.00
7.00
49.00
50.00
7.15
50.00
51.00
7.30
51.00
52.00
7.45
52.00
53.00
7.60
53.00
54.10
7.70
54.10
55.20
7.90
55.20
56.30
8.00
56.30
57.40
8.20
57.40
58.60
8.40
58.60
59.70
8.50
59.70
60.90
8.70
60.90
62.20
8.90
62.20
63.40
9.10
63.40
64.70
9.20
64.70
66.00
9.40
66.00
67.30
9.60
67.30
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60

Deck 14 OilaDeck 14 Oil


Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045

Oil ($/bbl)
50.00
44.00
40.00
37.00
37.90
38.60
39.40
40.20
41.00
41.80
42.70
43.50
44.40
45.30
46.20
47.10
48.00
49.00
50.00
51.00
52.00
53.00
54.10
55.20
56.30
57.40
58.60
59.70
60.90
62.20
63.40
64.70
66.00
67.30
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60
68.60

2046
2047
2048
2049

68.60
68.60
68.60
68.60

9.80
9.80
9.80
9.80

68.60
68.60
68.60
68.60

2046
2047
2048
2049

68.60
68.60
68.60
68.60

Deck 14 Gas Deck 14 Cond


Gas ($/MCF) Cond ($/bbl)
6.50
50.00
6.75
44.00
6.00
40.00
5.50
37.00
5.40
37.90
5.50
38.60
5.65
39.40
5.75
40.20
5.85
41.00
6.00
41.80
6.10
42.70
6.20
43.50
6.35
44.40
6.45
45.30
6.60
46.20
6.75
47.10
6.85
48.00
7.00
49.00
7.15
50.00
7.30
51.00
7.45
52.00
7.60
53.00
7.70
54.10
7.90
55.20
8.00
56.30
8.20
57.40
8.40
58.60
8.50
59.70
8.70
60.90
8.90
62.20
9.10
63.40
9.20
64.70
9.40
66.00
9.60
67.30
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60
9.80
68.60

Deck 15 OilaDeck 15 Oil Deck 15 Gas Deck 15 Cond


Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045

Oil ($/bbl) Gas ($/MCF) Cond ($/bbl)


50.00
6.50
50.00
44.00
6.75
44.00
40.00
6.00
40.00
37.00
5.50
37.00
37.90
5.40
37.90
38.60
5.50
38.60
39.40
5.65
39.40
40.20
5.75
40.20
41.00
5.85
41.00
41.80
6.00
41.80
42.70
6.10
42.70
43.50
6.20
43.50
44.40
6.35
44.40
45.30
6.45
45.30
46.20
6.60
46.20
47.10
6.75
47.10
48.00
6.85
48.00
49.00
7.00
49.00
50.00
7.15
50.00
51.00
7.30
51.00
52.00
7.45
52.00
53.00
7.60
53.00
54.10
7.70
54.10
55.20
7.90
55.20
56.30
8.00
56.30
57.40
8.20
57.40
58.60
8.40
58.60
59.70
8.50
59.70
60.90
8.70
60.90
62.20
8.90
62.20
63.40
9.10
63.40
64.70
9.20
64.70
66.00
9.40
66.00
67.30
9.60
67.30
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60
68.60
9.80
68.60

9.80
9.80
9.80
9.80

68.60
68.60
68.60
68.60

2046
2047
2048
2049

68.60
68.60
68.60
68.60

9.80
9.80
9.80
9.80

68.60
68.60
68.60
68.60

Does maintenance capital hit the opex interest or the production interest. Right now it is based upon production interest
Also, does overhead expense hit the production wedge or the opex interest. Right now it hits the production interest (it is simp
To replicate peep, mc gas offset is truncated at 2 decimal places
Right now, maintenance capital discounted investment is multiplied by production interest
Stuff starting in 2005 doesn't work exactly right, add in an esc year variable and set it equal to current year
Still need to adjust code for oil zones, and then update the oil calculation sheet.
Create tool to select price decks.

production interest
duction interest (it is simply added to offset)

JOB TYPE

'98, thru '02 %


Success

C1 - Coil Tbg-Wash out


C2 - Coil Tbg-Jet w/ N2
C3 - Coil Tbg-Acid / Stim
C4 - Fishing
C5 - Coil Tbg-TTGP
C7 - Coil Tbg-Cement packers
C8 - Coil Tbg-Velocity string
C9 - Coil Tbg-Other
C10 - Coil Tbg-Plugback with coil
E1 - Eline- TTPB (w/ vented basket plug)
E2 - Eline- TTBP (selective set up)
E3 - Eline- Add Perfs
E4 - Eline- Plastic / water shut-off
E5 - Eline-TT Screen
E6 - Eline- Other
E7 - Eline- Slickline EDT jobs
E8 - Eline- Eline TTGP
E-9 E/Line TTBP Downhole selective
M-1 - MRWO Single Completion
M-2 - MRWO Single Completion w/ Selective
O1 - Bullhead Stimulation
O2-Other Pumping jobs
O3 - Other
P1 - P&A
P2 - Diagnostics
P3 - Casing Remediation
P4 - TA for sidetrack
P5 - Repairs(SSV/TBG Leaks)
P6 - Casing Pressure
PE - Financial Items
PE - Reservior (PNL's, BHP's)
PE - Operation Support
S-Snubbing

70%
93%
92%
83%
80%
67%
75%
80%
78%
85%
90%
89%
89%
75%
87%
85%
91%
88%
90%
90%
75%
75%
80%
98%
93%
92%
100%
100%
100%
100%
100%
100%
90%

01/15/2017

342638066.xlsPOS

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