Boulder County Comprehensive Drilling Plan Surface Owner Meeting Thursday, Oct. 19, 2017
Contact Crestone Crestone Peak Resources Quick Facts www.crestonepeakresources.com cdpboulder@crestonepr.com (720) 410-8537 5 th largest producer in the DJ Basin Formed in July 2016 Our team of more than 120 Colorado energy professionals all have experience deeply rooted in DJ Basin operations 100 percent of employees live and work in Colorado We aim to be the region s premier operator through efficient, safe and environmentally-responsible operations 2017 Crestone Peak Resources 2
Meeting Objectives Begin a dialogue with surface owners Shed light on the CDP process and opportunities to engage Key aspects of the first draft preliminary package, highlighting potential locations and timeline Questions and feedback 2017 Crestone Peak Resources 3
Additional CDP Information COGCC s website at http://cogcc.state.co.us o Comprehensive Drilling Plan (CDP) for land in Boulder County under News & Notices First draft preliminary CDP package, including maps Description and timing of CDP process Public comment portal Crestone s website at www.crestonepeakresources.com o Comprehensive Drilling Plan tab Update and/or provide surface owner contact information and select communications preferences Tonight s meeting materials Telephone Town-Hall information for Thursday, Oct. 19 2017 Crestone Peak Resources 4
What is a Comprehensive Drilling Plan? A comprehensive drilling plan, or CDP, outlines our path to oil and gas production, before we begin drilling in Boulder County. A CDP is an operator-initiated planning tool that allows a company to take a broader approach to oil and gas planning and permitting. The CDP will identify future oil and gas activities in a defined geographic area; facilitate discussions between operators, surface owners, and state and local officials; identify potential impacts resulting from the planned activities; and develop agreed-upon ways to minimize them. 2017 Crestone Peak Resources 5
CDP Stakeholders 2017 Crestone Peak Resources 6
CDP Benefits Conditions of approval: Allows for a variety of stakeholders to provide input for consideration in the planning process Predictability: Through the thorough review process, a predictable plan and approach is established, providing visibility into long-term operations Comprehensive permitting process: The CDP allows for better visibility into permitting, taking a holistic approach to permit review and approval Collaboration: This increased dialogue between Crestone, state and local regulators and the community help to ensure that everyone has a part in developing responsible drilling plans 2017 Crestone Peak Resources 7
CDP Process 1. Initial planning Development of initial preliminary plan for submission to involved stakeholders and public for early review/feedback 2. Public review and comment Stakeholder outreach and engagement for feedback, leading to a second draft preliminary submission to the COGCC 3. Second Draft Preliminary CDP is submitted for COGCC review and public comment period on revised draft 4. Final draft review and approval Final, revised CDP plan submitted to COGCC for review, public comment and approval 2017 Crestone Peak Resources 8
Potential CDP Area
Oxford Niwot Area of Interest: 2N 69W Sec. 25-27 & 34-36 1N 69W Sec. 1-3 & 10-12 Mineral Lookout Kenosha Jasper 2017 Crestone Peak Resources 10
Oxford Niwot Area of Interest: 2N 69W Sec. 25-27 & 34-36 1N 69W Sec. 1-3 & 10-12 Mineral Lookout Kenosha Jasper 2017 Crestone Peak Resources 11
COGCC: CDP Boundary 2017 Crestone Peak Resources 12
COGCC: Drilling & Spacing Unit (DSU) Boundaries 2017 Crestone Peak Resources 13
COGCC Data: Well Design Comparison 2017 Crestone Peak Resources 14
Crestone: Preferred Potential Well Pad Placement Areas 2017 Crestone Peak Resources 15
Constraints Analysis: Planning by Exclusion
Colorado Parks and Wildlife: Restricted Surface Occupancy Sensitive Wildlife Habitat 2017 Crestone Peak Resources 17
Colorado Division of Water Resources: Permitted Water Wells (250 buffer) 2017 Crestone Peak Resources 18
Public Roads (250 buffer) 2017 Crestone Peak Resources 19
Federal Emergency Management Agency: Floodway 2017 Crestone Peak Resources 20
Lakes 2017 Crestone Peak Resources 21
Rivers, Streams, Ditches, Aqueducts, etc. 2017 Crestone Peak Resources 22
All Bodies of Water 2017 Crestone Peak Resources 23
COGCC: Designated Setback Areas (1,000 buffer from building units) 2017 Crestone Peak Resources 24
Layering All Constraints Together 2017 Crestone Peak Resources 25
Layering All Constraints Together 2017 Crestone Peak Resources 26
Layering All Constraints Together 2017 Crestone Peak Resources 27
Layering All Constraints Together 2017 Crestone Peak Resources 28
Layering All Constraints Together 2017 Crestone Peak Resources 29
Layering All Constraints Together 2017 Crestone Peak Resources 30
Maximize Operational Efficiencies 2017 Crestone Peak Resources 31
Potential Well Pad Locations: Avoid Constraints and Maximize Efficiencies 2017 Crestone Peak Resources 32
Potential Well Pad Locations 2017 Crestone Peak Resources 33
Potential Well Pads and Pipeline Rights-of-Way 2017 Crestone Peak Resources 34
Potential Development Timeline in Boulder County Construction Drilling Completions 2020 2021 2022 Well Pad Section 1 36 Section 26 36 Section 3 18 Section 35 18 Section 11 36 Section 25 36 # of wells Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Crestone Peak Resources 35
Potential Development Timeline in Boulder County Construction Drilling Completions 2023 2024 2024 Well Pad Section 1 36 Section 26 36 Section 3 18 Section 35 18 Section 11 36 Section 25 36 # of wells Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Crestone Peak Resources 36
To ask a question, please press zero on your telephone key pad at any time. THANK YOU!