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193. Newfield Exploration Co

Company Info
State or country Texas
Geographical Location Americas
Assets $7,494 mil
Revenues $1,883 mil
Profits $523 mil
Return on invested
capital (ROIC)
9%
3 yr CGR % Revenues 2%
Company data as of 6/01/2011 provided by S&P Capital IQ
Company Snapshot
Newfield Exploration Company, an independent oil and gas company, engages in the acquisition, exploration, and development of oil and gas properties primarily in the United States.

The company has operations in the Mid-Continent, the Rocky Mountains, onshore Texas, Appalachia, and the Gulf of Mexico regions in the Unites States, as well as in Malaysia and China.

As of December 31, 2010, it owned a working interest in approximately 410,000 net acres and approximately 2,900 gross producing wells in Anadarko and Arkoma basins; an interest in approximately 850,000 net acres and 2,000 gross producing wells in Uinta, Williston, and Southern Alberta basins; an interest in approximately 195,000 net acres and 640 gross producing wells in onshore Texas; an interest in approximately 35,000 net acres in Appalachia; and interests in 84 deepwater leases and approximately 350,000 net acres in the Gulf of Mexico.

The company also had interests in approximately 936,000 net acres in offshore Malaysia and approximately 385,000 net acres in offshore China.

As of the above date, it had proved reserves of 3,712 and probable reserves of 2,473 billion cubic feet equivalent.

Newfield Exploration Company was founded in 1988 and is based in The Woodlands, Texas.

Data provided by

Lee K. Boothby, 49

TITLES:
Chairman, Chief Executive Officer and President

Data provided by