Exhibit 99.1
Kerr-McGee Corporation |
Range of Projected Daily Average Production Volumes |
November 2004 | | | | | | | | | | | | | | | | | | | | |
| | | 2005 Production Forecast |
| | | 1-Qtr | | 2-Qtr | | 3-Qtr | | 4-Qtr | | Year |
Crude Oil | | Projected | | Projected | | Projected | | Projected | | Projected |
(BOPD) | | | | | | | | | | | | | | | | | | | | |
| Onshore | | 32,500 | - | 35,000 | | 32,500 | - | 34,000 | | 31,500 | - | 34,000 | | 31,000 | - | 34,000 | | 31,900 | - | 34,200 |
| Offshore | | 48,000 | - | 52,000 | | 45,000 | - | 48,000 | | 40,000 | - | 43,000 | | 38,000 | - | 40,500 | | 42,700 | - | 45,800 |
| U.S. | | 80,500 | - | 87,000 | | 77,500 | - | 82,000 | | 71,500 | - | 77,000 | | 69,000 | - | 74,500 | | 74,600 | - | 80,000 |
| | | | | | | | | | | | | | | | | | | | | |
| North Sea | | 66,500 | - | 72,000 | | 62,000 | - | 67,500 | | 52,500 | - | 57,000 | | 64,000 | - | 67,000 | | 61,200 | - | 65,800 |
| | | | | | | | | | | | | | | | | | | | | |
| China | | 24,500 | - | 26,500 | | 18,000 | - | 19,500 | | 14,000 | - | 15,500 | | 18,000 | - | 20,000 | | 18,600 | - | 20,300 |
| | | | | | | | | | | | | | | | | | | | | |
| Total | | 171,500 | - | 185,500 | | 157,500 | - | 169,000 | | 138,000 | - | 149,500 | | 151,000 | - | 161,500 | | 154,400 | - | 166,100 |
| | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | |
Natural Gas | | | | | | | | | | | | | | | | | | | | |
(MMCF/D) | | 1-Qtr | | 2-Qtr | | 3-Qtr | | 4-Qtr | | Year |
| Onshore | | 630 | - | 670 | | 630 | - | 670 | | 655 | - | 700 | | 690 | - | 720 | | 651 | - | 690 |
| Offshore | | 440 | - | 475 | | 455 | - | 500 | | 445 | - | 480 | | 460 | - | 490 | | 450 | - | 486 |
| U.S. | | 1,070 | - | 1,145 | | 1,085 | - | 1,170 | | 1,100 | - | 1,180 | | 1,150 | - | 1,210 | | 1,101 | - | 1,176 |
| | | | | | | | | | | | | | | | | | | | | |
| North Sea | | 90 | - | 100 | | 65 | - | 75 | | 45 | - | 50 | | 75 | - | 85 | | 70 | - | 75 |
| | | | | | | | | | | | | | | | | | | | | |
| Other | | 0 | - | 0 | | 0 | - | 0 | | 0 | - | 0 | | 0 | - | 0 | | 0 | - | 0 |
| | | | | | | | | | | | | | | | | | | | | |
| Total | | 1,160 | - | 1,245 | | 1,150 | - | 1,245 | | 1,145 | - | 1,230 | | 1,225 | - | 1,295 | | 1,171 | - | 1,251 |
| | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | |
BOE/D * | | 364,800 | - | 393,000 | | 349,200 | - | 376,500 | | 328,800 | - | 354,500 | | 355,200 | - | 377,300 | | 355,000 | - | 370,000 |
| | | | | | | | | | | | | | | | | | | | | |
* Annual sums reflect the company's expectations
** Cautionary Statement Concerning Forward-Looking Statements **
The information contained in this table regarding Kerr-McGee's projected production volume forecasts are only estimated projections that may
or may not occur in the future, and constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Future results and developments set forth in this statement may be affected by numerous uncertainties, factors and risks, such as
but not limited to the accuracy of the assumptions that underlie the statement, the success of the oil and gas exploration and production
program, drilling risks, market value of oil and gas, uncertainties in interpreting engineering data, changes in laws and regulations, the ability to
respond to challenges in international markets, political or economic conditions in areas where Kerr-McGee operates, trade and regulatory matters,
and other factors and risks identified in the Risk Factors section of Kerr-McGee's Annual Report on Form 10-K and other SEC filings. Actual results
and developments may differ materially from those expressed or implied in this statement. Therefore, the information contained in this statement
may not be accurate. Kerr-McGee does not undertake to update, revise or correct any of the forward-looking information.