Argentina became our latest core area following two significant acquisitions in 2006 that substantially increased our presence in the country. Our oil and gas assets are located in the Neuquén, Cuyo and Austral basins of Argentina.
Operating results
Production
|
Reserves
|
 |
 |
Performance highlights
| Year Ended Dec. 31, 2008 |
|
|
Oil Production Bpd |
12,409 |
|
Natural Gas Production Mcfd |
195,651 |
|
Natural Gas Liquids Production Bpd |
2,887 |
|
Proved Reserves MMboe |
123 |
|
Gross Acreage |
3,329,000 |
|
Gross Wells Drilled/Productive in 2008 |
83/72 |
Production and pricing data
| Quarter Ended Sept. 30, 2009 |
Quarter Ended Sept. 30, 2008 |
|
|
Oil Volume Bpd |
11,026 |
12,729 |
|
Average Oil Price per Bbl |
$48.53 |
$50.95 |
|
Natural Gas Volume Mcfd |
183,504 |
217,091 |
|
Average Natural Gas Price per Mcf |
$1.89 |
$1.41 |
|
Natural Gas Liquids Volume Bpd |
3,291 |
3,005 |
|
Average Natural Gas Liquids Price per Bbl |
$15.44 |
$36.63 |