Tim Bradley President CO Group - Kinder Morgan

More documents

Recommendations

Info

ENERGY PARTNERS, L.P.Impact of Oil Price/Volume Variance on 2010 DCF2010 Budget: $989 MM+/- 1000 BOPDSACROC $23.7 MMYates $12.5 MM+/- 1 $/B WTI $6 MMCO 2$1 MMNGL$3 MMCrude$2 MM3 rdrd Party CO 2Deliveries+/- 50 MMCF/D $6.5 MM__________________________Note: Unhedged WTI price presumed to average $83.73/b, WTI-WTS spread = $3.1118
ENERGY PARTNERS, L.P.KM CO 2 Current OutlookDevelopment Plans 2010-201920191. SACROC Base Case Forecast• 81 MMBOE Net (a) , $1.2B KM Share Capex($366MM CO 2 )• Continue Platform development plan; Productionforecast is based on existing recoveryexpectations2. Yates Base Case• 42 MMBOE Net (a) , $294MM KM Share Capex($77MM CO 2 )• Continue HDH programs and gravity drainagedepletion plan; no upside potential included frominfill or surfactant3. Eastern Shelf• 14MMBOE Net (a) , $329MM KM Share Capex($194MM CO 2 )• Start construction and implement developmentplans at Katz Claytonville CO 2 project not included4. CO 2 S&T• $187MM KM Share Capex, 1.35 BCF/d capacity,Includes Eastern Shelf CO 2 Pipeline• Maintain aggressive CO 2 sales program and keepfacilities at capacity$1,200$1,000$800$600$400$200DCF, $MM/Yr$02007 2008 2009 2010 2011 2012 2013 2014 2015 20162010 = Budget, 2011 at forward curve, 2012+ at $80/bCost Metrics based on 2009 run rateDevelopment plans may change in different price scenarios__________________________(a) Net Beq = SACROC: Net Crude plus Wet HC Gas divided by 6; Yates: Net Crude and NGLs plus Residue Gas divided by 6, Eastern Shelf: Net Crude only(b) CO 2 profits not eliminated from S&TS&T (b)YatesSACROCE.Shelf19
Page 1 and 2: ENERGY PARTNERS, L.P.CO 2Tim Bradle
Page 3 and 4: 2009 Performance Recap - Made PlanD
Page 5 and 6: ENERGY PARTNERS, L.P.2009 and 2010
Page 7 and 8: Oil and Gas Margins Remain StrongNe
Page 9 and 10: ENERGY PARTNERS, L.P.SACROC Recent
Page 11 and 12: ENERGY PARTNERS, L.P.Yates Field Pr
Page 13 and 14: ENERGY PARTNERS, L.P.Eastern Shelf
Page 15 and 16: ENERGY PARTNERS, L.P.CO 2 Delivered
Page 17: ENERGY PARTNERS, L.P.2010 Expansion

Tim Bradley President CO Group - Kinder Morgan

Create successful ePaper yourself

Delete template?

Save as template?