It is now difficult for me to sort out COP and BR now that I've learned that COP bought 50% of Corral Creek (or Bakken in general; I forget the details) from BR (and BR is a wholly-owned subsidiary of COP, but be that as it may).
From my data base at the blog, regarding COP (BR) (I still lump the two):
- 3Q12 earnings call: 620,000 net acres; 26,000 boepd; ramped up from five to eight rigs;
- 626,000 net acres, COP/CEO at Houston conference, May 16, 2012
- 460,000 net acres (Investopedia, March 29, 2011; Annual Report, 2010)
- Looking to acquire more, Annual Report, 2010
- 8 rigs (May, 2012); looking to ramp up to 9 - 10 rigs (same link)
From the throwaway article linked above:
ConocoPhillips’ 2012 net production from the [Algerian] fields was the equivalent of 11,000 barrels of oil a day.And I bet it's a lot more grief to manage/drill Algerian oil fields than North Dakota oil fields.
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