Domestic Inventory and Well Costs

OIL & GAS UPDATE DOMESTIC ONSHORE ASSETS PERMIAN 2022 ACTIVITY 22 22 ROCKIES 2022 ACTIVITY $1.9 B $2.1 B - Capex 100% OBO ~18 Gross Rigs EOR ~11 Net Rigs 310-330 Wells Online $0.4 B Capex ~2 Gross Rigs ~2 Net 100% OBO EOR EOR OBO Base Maint Midland Base Maint Facilities Midland 75% Midland 75% Facilities Powder River Basin Rigs OBO Powder River Basin 70-75 Wells Online Powder River Basin New Mexico New Mexico 50% Drill New Mexico 50% Complete & Equip Drill Complete & Equip DJ Basin DJ Basin DJ Basin 25% TX Delaware TX Delaware TX Delaware 25% OXY 0% 0% 1 2 1 Net Capex by Type Gross Operated Rigs Total Net Rigs' Wells Online² 2 Net Capex by Type Gross Operated Rigs Total Net Rigs Wells Online YTD 2022 $1.5 B 17 rigs 10 rigs 207 wells YTD 2022 $0.3 B 2 rigs 2 rigs 62 wells ¹NET RIGS SHOWN BY WORKING INTEREST (MIDLAND BASIN INCLUDES JV CARRY IMPACT) 2GROSS COMPANY OPERATED WELLS ONLINE

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