Enerplus Core Drilling and Production Overview
Cumulative oil per well (Mbbls)
enerPLUS
Strong well performance & execution driving higher production forecast
Enerplus' average North Dakota well performance (1)
Average cumulative oil production per well
250
2019-2021 average
(112 wells)
200
2022 YTD average
(26 wells)
150
100
50
30 60 90 120
150 180 210 240
Producing days
270 300 330
360
2019-2021 wells
2022 wells
1) Includes all Enerplus operated wells since 2019.
2) Based on guidance midpoint.
2022 PRODUCTION GUIDANCE
+1,500 BOE/d (vs initial guidance) (2)
■
Increased guidance despite storm impacts and
announced Canadian divestment which have
impacted production by -2,000 BOE/d
Q3 LIQUIDS PRODUCTION GROWTH
+15% (vs Q2)
■ Expecting robust second half 2022 volumes
driven by an active development program and
continued well outperformance
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