0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 1968 1972 1976 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 Oil (bpd) Gas (Mcfpd) Water (bpd) Water Injection (bpd) 0 0.5 1 1.5 2 2.5 3 1968 1976 1984 1992 2000 2008 2016 Oil (Bbbls) Gas (Tcf) Water (Bbbls) Water Injection (Bbbls) 0 20 40 60 80 100 120 1963 1973 1983 1993 2003 2013 Wells Drilled Development Wells Exploratory Wells $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 FY2006 FY2008 FY2010 FY2012 FY2014 FY2016 Million, Federal OCS Million POCSR New Mexico Wyoming California - Onshore North Dakota Colorado Fe deral OCS (righ t axis) POCSR Oil Royalty Compared to Onshore Federal Oil Royalty from States Cumulative POCS Production Through December 2016 Use secondary axis Number of Wells Drilled POCS Daily Production Through December 2016 POCSR PRODUCTION and DEVELOPMENT STATISTICS » August 2017 Existing Active Leases (CY 2016) 43 Leases with Producing Wells (CY 2016) 36 Leases with Allocated Production (CY 2016) 7 Total Oil and Gas Wells Drilled (as of 8/2/2017) 1582 Total Development Wells Drilled 1231 Total Exploration Wells Drilled *includes 2 strat test wells 351 New Development Wells (CY 2016) 1 Total Injection Wells (CY 2016) *85 completions with injection 80 Dual Completion Wells (CY 2016) *5 dual inj and 3 inj/prod 8 Producing Completions (CY 2016) *1 gas 306 No. of Platforms 23 No. of Fields with Active Waterflood Programs 8 Water injected (CY 2016) 61.8 MMbbl Gas injected for reservoir support (CY 2016) (SYU) 0 Mcf Gas injected for storage (CY 2016) (Sockeye Field) 539 Mcf - Sockeye well E001 is has both gas injection and gas production -- Platform in Deepest Water (Harmony) 1,198' Longest Extended Reach Well (SA-16) 37,160' MD - Platform Heritage (6.36 miles laterally to well at TD) -- Total Royalty from POCS Leases (FY 16) $32.8 MM Royalty shared w/CA via 8(g) (FY 16) $1.6 MM No. of Active LACT Meters (2016) 18 No. of Active Gas Sales Meters (2016) 7 Miles of Federal Pipeline 208 Oil Spilled (CY 2016) 1.03 bbl Cum. Oil Spilled 1970-2016 921.26 bbl REGIONAL OVERVIEW Field Unit Field Remaining Oil Remaining Gas Platform Platform Platform Current Name Name Major Reservoirs Mbbl MMcf (Install) WD', $* Number of Slots Producing Wells Operator Mbbl , MMcf Mbbl , MMcf , Mbbl bpd , Mcfpd , bpd Beta (H2O) Beta Edith ('83) 161', $30 70 14 DCOR 9,768 / 6,618 146 / 56 / 363 401 / 153 / 996 Ellen ('80) 265', $42 80 31 Beta Offshore 48,725 / 16,328 852 / 237 / 2,288 2,333 / 650 / 6269 Elly ('80) 255', $25 -- 0 Beta Offshore 0 / 0 0 / 0 / 0 0 / 0 / 0 Eureka ('84) 700', $121 60 30 Beta Offshore 44,208 / 10,024 929 / 216 / 2,634 2,544 / 592 / 7217 Carpinteria (H2O) N/A Henry ('79) 173', $22 24 20 DCOR 19,984 / 15,014 122 / 74 / 516 335 / 202 / 1414 Hogan ('67) 154', $38 66 13 POOL 21,193 / 22,174 93 / 177 / 1,256 254 / 486 / 3441 Houchin ('68) 163', $36 60 15 POOL 31,357 / 23,771 109 / 151 / 948 300 / 413 / 2599 Dos Cuadras (H2O) N/A A ('68) 188', $36 57 29 DCOR 104,089 / 57,489 288 / 594 / 7,472 789 / 1628 / 20472 B ('68) 190', $33 63 31 DCOR 81,010 / 50,774 255 / 515 / 7,365 699 / 1410 / 20179 C ('77) 192', $28 60 25 DCOR 19,053 / 10,696 158 / 181 / 1,779 432 / 497 / 4874 Hillhouse ('69) 190', $32 60 31 DCOR 65,782 / 43,854 197 / 285 / 2,695 540 / 782 / 7382 Hondo (H2O) 1 Santa Ynez Harmony ('89) 1198', $184 60 0 ExxonMobil 123,138 / 263,930 0 / 0 / 0 0 / 0 / 0 Hondo ('76) 842', $100 28 0 ExxonMobil 189,846 / 425,510 0 / 0 / 0 0 / 0 / 0 Hueneme Pt. Hueneme Hueneme, Sespe 432 453 Gina ('80) 95', $17 15 5 DCOR 12,094 / 11,033 105 / 219 / 1,136 287 / 599 / 3112 Pescado (H2O) 1 Santa Ynez Monterey 35,902 78,057 Heritage ('89) 1075', $174 60 0 ExxonMobil 146,518 / 225,576 0 / 0 / 0 0 / 0 / 0 Pitas Point Pitas Point Repetto 1 6,523 Habitat ('81) 290', $34 23 0 DCOR 209 / 232,734 0 / 0 / 0 0 / 0 / 0 Pt. Arguello 1 Pt. Arguello Harvest ('85) 675' $100 50 0 FMOG 86,456 / 99,922 0 / 0 / 0 0 / 0 / 0 Hermosa ('85) 603', $91 48 0 FMOG 75,727 / 54,586 0 / 0 / 0 0 / 0 / 0 Hidalgo ('86) 430', $74 56 0 FMOG 25,822 / 20,552 0 / 0 / 0 0 / 0 / 0 Pt. Pedernales (H2O) Pt. Pedernales Monterey 7,715 4,780 Irene ('85) 242', $37 72 15 FMOG 98,286 / 35,500 1,471 / 557 / 24,046 4,030 / 1527 / 65880 Rocky Point 1 N/A Monterey, Sisquoc 18,188 12,713 Hidalgo ('86) 430', $74 56 0 FMOG 2,812 / 2,287 0 / 0 / 0 0 / 0 / 0 Sacate 1 Santa Ynez Monterey 74,748 62,145 Heritage ('89) 1075', $174 60 0 ExxonMobil 47,902 / 48,089 0 / 0 / 0 0 / 0 / 0 Santa Clara (H2O) Santa Clara Gilda ('81) 205', $59 96 23 DCOR 39,046 / 48,430 707 / 500 / 1,657 1,937 / 1371 / 4540 Grace ('79) 318', $43 48 1 Venoco 8,964 / 22,676 32 / 49 / 124 89 / 135 / 340 Sockeye (H2O) Santa Clara Monterey, Topanga 4,830 7,681 Gail ('87) 739', $103 36 22 Venoco 47,902 / 100,119 678 / 686 / 18,167 1,857 / 1881 / 49774 Tranquillon Ridge Tranquillon Ridge Monterey -- -- Irene ('85) 242', $37 72 1 FMOG 211 / 544 1 / 1 / 664 2 / 3 / 1818 TOTAL 8 Units 274,577 520,156 23 Platforms 1,192 306 6 Operators 1,350,099 / 1,848,231 6,143 / 4,499 / 73,112 16,829 / 12,326 / 200,307 (H2O) Denotes fields with active waterflood. H2S fields are in red. Platforms shaded in gray denotes presence of drilling rig. $* Decommission Cost (million USD), (Source: Decomissioning Cost for Pacific OCS Region Facilities Final Report, Oct 2016), Production Query on 8/2/2017 Repetto, Monterey, Sespe 4,694 5,792 1 Lines 901 and 903 have been out of service since May 19, 2015 temporarily halting production of approximately ~33,000 bbl/day and ~65,000 mcf/day in the Pacific Region. Reserves reclassification under the SPE/AAPG/WPC Petroleum Resource Management System - Current POCSR remaining oil and gas are "proved reserves only." Remaining reserves data is based on the 2014 FRRE Report (dated 9/2/2015) minus production data from January 2015-December 31, 2016 with the exception of Pt. Arguello (Pt. Arguello Study) and Santa Clara and Pt. Hueneme (BSEE Reservoir Development). Monterey, Vaqueros 79,702 301,770 Monterey 25,058 21,554 Repetto, Pico 1,591 1,559 Repetto 10,187 13,284 Puente 11,529 3,845 Production and Reserves Data as of January 1, 2017 2016 Calendar Year Production Cum Oil/Gas Yearly Oil/Gas/Water Avg. Daily Oil/Gas/Water OPD STAFF & RESPONSIBILITIES Sale Date Tracts Beta - 296, 300, 301, 306 (35) Rocky Pt. - 451* (53) PH 12/15/61 6 Carpinteria - 166 (P3) , 240 (P4) P1 5/14/63 57 Dos Cuadras - 240, 241 (P4) Note: Leases held by allocation P2 10/1/64 101 Hondo - 180, 181, 187, 188, 189, are in red. Leases P3 12/15/66 1 190, 191 (P4) , 329 (48) , 461* (68) containing more than one P4 2/6/68 71 Hueneme - 202, 203 (P4) producing field are in bold. 35 12/11/75 56 Pescado - 182, 183, 194 (P4) , 326* (48) 8(g) Leases marked with asterisk. 48 6/29/79 54 Pt.Arguello - 315*, 316* (48) , 450*, 451* (53) 53 5/28/81 60 Pt.Pedernales - 437*, 438*, 440*, 441* (53) 68 6/11/82 29 Pitas Pt. (gas only)- 234 (P4) , 346 (48) RS2 8/5/82 10 Sacate - 192, 193, 194, 195 (P4) , 326* (48) 73 11/30/83 8 Santa Clara - 215, 216, 217 (P4) 80 10/17/84 23 Sockeye - 204, 205, 208, 209 (P4) 476 Tranquillon Ridge - 441*, 444* (53) $3,951,779,024 $417,312,141 $572,825,418 POCS LEASE SALE HISTORY 43 Active Producing Leases (Lease Sale) Value $122,000 Mayerson - geologist (x6358): Regional Supervisor Kurtz - geologist (x6359): Reservoir Development Section Chief, recruitment Sinkula - reservoir engineer (x6366): Measurement Enforcement and Data Analysis Section Chief Bain - engineer (x6376): Hueneme, APD/APM tracking, TIMS inspection data*, unitization, APO coordination, measurement verification, eWell and eInspection implementation, suspensions, flaring, royalty relief Baver - geophysicist (805-419-5890): Production accounting and measurement verification*, ArcGIS Dame - geophysicist (x6353): Santa Ynez Unit, Beta Unit, Alaska OCS fields, geohazards*, computer mapping, field studies, GIT software, contracting officers rep. Darling- (x6357): travel, time and attendance, measurement inspection and verification Detring - geologist (x6369): Dos Cuadras Field, Carpinteria Field, Hueneme Unit, Santa Clara Unit, Alaska OCS fields, computer mapping, well log analysis, field studies Kadkhodayan - engineer (x6309): lead engineer for all fields except Hueneme, OFM, APD/APM review*, rate control, reserves, downhole commingling, well tests, gas storage monitoring, enhanced oil recovery, royalty relief* Richards - geophysicist (x6314): Pt. Arguello Unit, Pt. Pedernales Unit, Tranquillon Ridge Unit, Rocky Pt. Field, Pitas Pt. Unit, Alaska OCS fields, geohazards, computer mapping, field studies Rozek - geographer (x6367): POCSR and AKOCSR GIS mapping*, cost recovery, AIS analysis, TIMS basemap CUAT, contracting officers rep. *Project Lead $2,088,881,824 $117,875,281 $4,369,472 $16,022,336 $12,807,337 $35,533,701 $21,189,000 $602,719,262 $62,121,252 TOTAL (12 Sales)