Newfield Exploration Company - International

Percent of 2009 Total Company Reserves: 5%
Percent of 2010e Total Company Production: 11%
Percent of 2010 Capital Budget: 13%
Location: Kuala Lumpur and Beijing.
Focus: Shallow water oil developments, ongoing exploration with developments in the South China Sea and Bohai Bay, China.

Links:

Malaysian Asset Map
China Asset Map

Our international operations have grown significantly over the last several years and are focused in Southeast Asia with production and active developments offshore Malaysia and China. We now have production offshore Malaysia and China. Our international production at mid-May 2010 is greater than 20,000 BOPD (net). We have an interest in approximately 3 million acres gross (1.1 million net) offshore Malaysia and approximately 1.7 million acres gross (1.6 million net) offshore China. In 2010, our plans include continued development of our oil fields offshore Malaysia. During 2010, we also plan to develop our 2009 “Pearl” discovery in the Pearl River Mouth Basin of China.