37th Oil & Money Conference www.oilandmoney.com For more information news@oilandmoney.net Panel: Mario Ruscev, Executive Vice President, President Global Product Lines & Chief TechnologyOfficer Scott Sheffield, Chairman and Chief Executive Officer - Pioneer Natural Resources Lorenzo Simonelli, President and Chief Executive Officer - GE Oil & Gas Moderator: Casey Sattler, News Editor, Western Hemisphere - Energy Intelliegence

1. 21/10/2016
1
The US Upstream Revolution:
Its Global Impact and Its Future
0
15
30
45
60
75
90
105
120
135
150
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
2008 2009 2010 2011 2012 2013 2014 2015 2016
($/bbl)(million b/d)
Source: US Energy Information Administration
US Tight Oil Production
Production WTI

2. 21/10/2016
2
0.0
0.2
0.4
0.6
0.8
1.0
1.2
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
(million b/d)
*"Big Four" plays include the Bakken, Permian, Eagle Ford and Niobrara.
Source: Energy Intelligence, Baker Hughes, US Energy Information Administration
US 'Big Four' Tight Oil Plays*
Tight Oil Production Rig Count
('000s of oil rigs)
+135%
+286%
+324%
+81%
+94%
+88%
+151%
+178%
0
200
400
600
800
1,000
1,200
1,400
Bakken Eagle Ford Niobrara Permian
(b/d)
Source: US Energy Information Administration
Jan.'11 Jul.'14 Sep.'16
New-Well Oil Production Per Rig: US Tight Oil Plays