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Newfield Q2: Eagle Ford, Bakken, Woodford Ops Exceed Guidance

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Newfield Q2: Eagle Ford, Bakken, Woodford Ops Exceed Guidance

Newfield Exploration Company reported its unaudited second quarter 2013 financial results and provided an update on its operations. 

Lee K. Boothby, Newfield Chairman, President and CEO, commented: "The year 2013 is shaping up to be a great one for Newfield. We are executing extremely well in our domestic focus areas and our production is running ahead of our beginning of the year expectations.  In addition, many of our project returns are benefitting from more efficient drilling, improved service costs and advancements in our completion processes. Our operational successes in 2013 are helping to build momentum for 2014 and we are confident in our ability to deliver on our three-year plan."

2013 Production Guidance and Capital Investments

Newfield today raised its production guidance for…

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