Domestic Inventory and Well Costs slide image

Domestic Inventory and Well Costs

DELAWARE BASIN WELL PRODUCTIVITY Superior-quality inventory combined with subsurface expertise drives continuous improvement and value 270 Day Cumulative Improvement TOP TIER WELL PERFORMANCE CONTINUES TO IMPROVE Cumulative Mboe 400 350 300 250 200 150 2015 to 2022: +220% 100 2018 to 2022: +29% 50 2021 to 2022: +13% 0 0 30 60 90 120 150 180 210 240 270 300 330 360 Days -2015 2016 2017 -2018 -2019 -2020 -2021 2022 OXY NOTE: DATA INCLUDES ALL HORIZONTAL UNCONVENTIONAL DELAWARE BASIN HORIZONTAL WELLS ONLINE IN EACH YEAR
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