1. Delaware Basin Perspective EnergyPlex Conference Hobbs, New Mexico
26 June 2018
Delaware Basin Perspective EnergyPlex Conference Hobbs, New Mexico

2. XTO Overview Subsidiary of Exxon Mobil Corporation
Founded in 1986 in Fort Worth, Texas
~ 4,300 employees
Leading oil and gas producer in the US
Manages 11 million net acres
Total resource base of about 33 billion oil- equivalent barrels
Methane emissions are 6 percent of ExxonMobil direct greenhouse gas emissions.
Here’s a quick look at XTO Energy
As a subsidiary of ExxonMobil Corporation, we are able to leverage great technical know-how in doing what XTO has always done best, which is execute in unconventional reservoir development.
(go through the points on the slide)
7 Operating divisions, 100 field offices
30,000+ operated wells

3. World-Class Acreage Position
Operated contiguous acreage
Expanding contiguous position through acquisitions and trades
Enables industry-leading, long-lateral advantage
Midland
Basin NM TX
Central
Basin
Platform
Delaware
Basin
Current acreage position
ExxonMobil/XTO acreage
Hydrocarbon density map for Permian tight oil

4. In the news... A Few Statistics
ExxonMobil Continues to Increase Acreage Position in Permian Basin – 27 September 2017
ExxonMobil Acquires Crude Oil Terminal to Serve Growing Permian Basin Production – 18 October 2017
ExxonMobil Announces $50B in New Investments in the US Over 5-years.
ExxonMobil to Triple Production by 2025, Expand Transportation Infrastructure – 30 January 2018
Corporate focus on Permian Basin and we are proud to operate in New Mexico
We are here today because of the BOPCO acquisition
Today’s success story is being made possible because of the “shale gale” and efficiencies gained by a process more akin to manufacturing than traditional oil and gas development

5. Capturing the Value of Permian Integration
Significant opportunities from wellhead to customer
Growing U.S. unconventional production
Investing in advantaged logistics and manufacturing
Advantaged feedstock, high- value sales
Optionality to maximize value
“We’re excited about the potential of the liquids-rich Permian. It’s a low-cost resource, and we’ve built an outstanding position in the basin. Thanks to our strategically located midstream assets and the proximity of our refineries along the U.S. Gulf Coast, we’re poised for growth and set up to maximize our return on investment for years to come.”
Sara Ortwein, President, XTO Energy

6. Opportunities and Challenges
Water conservation with recycle focus
Emission reductions through new technology/designs
Workforce, education, health care, roads
Economic growth
Regulatory certainty
Joint effort needed across industry, local, state and federal government
Social
Environment
Economic
Water re-cycle pond being constructed