Newfield Exploration

Newfield Exploration Company
IndustryPetroleum industry
Founded1988 (1988)
FounderJoe B. Foster
DefunctFebruary 13, 2019 (2019-02-13)
FateAcquired by Encana
HeadquartersHouston, Texas
Key people
Lee K. Boothby, Chairman, CEO & President
Gary D. Packer, COO
Lawrence S. Massaro, CFO
ProductsPetroleum
Natural gas
Natural gas liquids
Production output
152 thousand barrels of oil equivalent (930,000 GJ) per day (2017)
Revenue $1.767 billion (2017)
$0.427 billion (2017)
Total assets $4.961 billion (2017)
Total equity $1.408 billion (2017)
Number of employees
1,010 (2017)
Footnotes / references

Newfield Exploration Company was a petroleum, natural gas and natural gas liquids exploration and production company organized in Delaware and headquartered in Houston, Texas. In February 2019, the company was acquired by Encana.

On December 31, 2017, the company had 680 million barrels of oil equivalent (4.2×109 GJ) of estimated proved reserves, of which over 99% was in the United States and 1% was in the South China Sea. The reserves were 37% petroleum, 19% natural gas liquids and 44% natural gas.

The company's properties were as follows: