Exploration & Production | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Newfield's See Massive Anadarko Basin Growth;Talks Bakken
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Newfield Exploration Ltd. has detailed its Fourth Quarter and Full-Year 2013 Production Summary as well as an operational update.
Newfield's net production in the fourth quarter of 2013 was 12.8 MMBOE, of which 2.2 MMBOE was from the Company's international businesses, which are classified as discontinued operations. Domestic liquids production in the fourth quarter was up 11% compared to the third quarter of 2013. The composition of fourth quarter total production was 49% oil, 12% natural gas liquids and 39% natural gas.
For the full-year 2013, Newfield's production was 48.3 MMBOE, of which 8.2 MMBOE was from the Company's international businesses.
2013 Operational Highlights Anadarko BasinThe Company's fastest growing region is the Anadarko Basin of Oklahoma. For 2013, Anadarko Basin…
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