Operations

2010 Guidance

Projected 2010 Capital Expenditures  
Play Type
Capital Spending*
($ millions)
Wells Drilled
    Net
Bakken/Tight Oil $ 117 31
Crude Oil Waterfloods 96 38
Other Conventional Oil 18 6
Total Oil $ 231 75
 
Marcellus Shale Gas $ 80 11
Tight Gas 56 7
Shallow Gas 41 156
Other Conventional Gas 17 9
Total Gas $194 183
     
Company Total $ 425 258
     
% crude oil 55% 29%

*  Capital spending total is after the recovery of $33 million of Alberta drilling royalty credits; including drilling, facilities, maintenance and capitalized G&A.

 

Last updated: February 25, 2010