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Pioneer Natural Resources Co
Q1 2012 Earnings
| Scott Sheffield | Page 7 of 11 |
March 10, 2014
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"Pioneer Natural Resources Co"
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Significant Proved Reserves and Resource Potential1 12/31/11 Proved Reserves: 1.1 BBOE2 Additional Net Resource Potential: 4.2 BBOE 1) All drilling locations shown on a gross basis 2) SEC pricing of $96.13/BBL for oil and $4.12/MMBTU for gas (NYMEX) 3) Primarily reflects Alaska, Raton and South Texas 4) Includes vertical well potential from Wolfcamp and deeper intervals 5) Assumes well spacing of 140 acres over 400,000 acres and average industry EUR of 425 MBOE per well Permian 3.1 BBOE Spraberry 609 MMBOE 4,700 PUD locations Raton 170 MMBOE 150 PUD locations Other 107 MMBOE 120 PUD locations Mid-Continent 107 MMBOE Spraberry 40-ac Drilling4 600 MMBOE 5,200 locations Spraberry 20-ac Drilling4 1.2 BBOE 13,500 high-graded locations Spraberry Waterflood 300 MMBOE 40% acreage Eagle Ford Shale 600 MMBOE 1,700 locations Other3 200 MMBOE 500 locations Barnett 300 MMBOE 1,300 locationsEagle Ford Shale 70 MMBOE 120 PUD locations Horizontal Wolfcamp5 1 BBOE 3,000 locations Proved Reserves + Estimated Resource Potential of >5 BBOE and 30,000 drilling locations 7