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Coterra Energy Inc
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Q1 2024 Earnings Call Presentation
| Daniel Guffey; Caterina Papadimitropoulos | Page 14 of 11 |
May 19, 2024
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"Q1 2024 Earnings Call Presentation"
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14 Delaware Productivity Top-Tier Delaware Producer Cumulative Oil per Lateral Foot Productivity will differ from year to year, depending on project selection & other operational decisions Generally, our Permian program will be ~2/3 Texas and ~1/3 New Mexico due to our large, contiguous position in Texas Our program continues to benefit from optimized spacing and completion design decisions that generate resilient returns at various commodity prices Source: Enverus Prism for historical data and internal forecasts for future estimates. 0 5 10 15 20 25 30 35 40 45 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 months online Major peer operator 2021-2024 CTRA 2024e-2026e average CTRA 2021-2023