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  "documentTitle": "Earthstone Energy | Results Presentation Deck | 25 slides",
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  "authorName": "Earthstone Energy",
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  "presentationDate": "2023-08-01 00:00:00",
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      "kind": "list",
      "text": "2H23 Midland Basin Activity\nSpud ~13 Gross (~12.0 Net) ~Operated Wells\nPut On Production ~21 Gross (~17.1 Net) Operated Wells",
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      "text": "2H23 Delaware Basin Activity\nSpud ~35 Gross (~22.9 Net) Operated Wells\nPut On Production ~26 Gross (~19.8 Net) Operated Wells²",
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      "kind": "source-note",
      "text": "Note: Guidance is forward-looking information that is subject to considerable change and numerous risks and uncertainties, many of which are beyond Earthstone's control. See \"Forward-Looking Statements\".\nGuidance assumes Novo transaction closes on August 15th 2023.\n1. Cash G&A is a non-GAAP financial measure defined as general and administrative expenses excluding stock-based compensation.\n2. Does not include seven Novo wells expected to be Put on Production prior to closing.",
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      "kind": "table",
      "text": "Expense & Capex Guidance\n1H23 Actuals: Total Capital Expenditures ($MM) $377, Lease Operating Expense ($/Boe) $9.24, Prod & Ad Val Taxes (% of Revenue) 8.3%, Cash G&A ($MM)¹ $25\nESTE + Novo 2H23: Total Capital Expenditures ($MM) $348 - $398, Lease Operating Expense ($/Boe) $8.75 - $9.25, Prod & Ad Val Taxes (% of Revenue) 8.5% - 9.0%, Cash G&A ($MM)¹ $27.5 - $32.5\nImplied FY23: Total Capital Expenditures ($MM) $725 - $775, Lease Operating Expense ($/Boe) $9.00 - $9.25, Prod & Ad Val Taxes (% of Revenue) 8.4% - 8.7%, Cash G&A ($MM)¹ $52.5 - $57.5",
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      "text": "Production Guidance\n1H23 Actuals: Production (Boe/d) 104,974, % Oil 43%, % Liquids 69%\nESTE + Novo 3Q23: Production (Boe/d) 115,000 - 120,000, % Oil 41%, % Liquids 68%\nESTE + Novo 4Q23: Production (Boe/d) 130,000 - 135,000, % Oil 41%, % Liquids 69%\nImplied FY23: Production (Boe/d) 113,809 - 116,330, % Oil 42%, % Liquids 69%",
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