| EXHIBIT 99.1 | |||||||||||
| Estimated Ranges | |||||||||||
| (See text for additional information) | |||||||||||
| 2Q 2009 | Full Year 2009 | ||||||||||
| Daily Production | |||||||||||
| Natural Gas (MMcfd) | |||||||||||
United States | 1,155 | - | 1,185 | 1,115 | - | 1,180 | |||||
| Canada | 205 | - | 225 | 205 | - | 235 | |||||
| Trinidad | 235 | - | 265 | 246 | - | 276 | |||||
| Other International | 11 | - | 15 | 11 | - | 15 | |||||
| Total | 1,606 | - | 1,690 | 1,577 | - | 1,706 | |||||
| Crude Oil and Condensate (MBbld) | |||||||||||
| United States | 39.0 | - | 44.2 | 44.0 | - | 50.0 | |||||
| Canada | 2.8 | - | 3.7 | 3.6 | - | 4.6 | |||||
| Trinidad | 2.6 | - | 3.8 | 2.7 | - | 3.7 | |||||
| Total | 44.4 | - | 51.7 | 50.3 | - | 58.3 | |||||
| Natural Gas Liquids (MBbld) | |||||||||||
| United States | 18.5 | - | 20.5 | 20.0 | - | 22.0 | |||||
| Canada | 0.8 | - | 1.0 | 0.8 | - | 1.0 | |||||
| Total | 19.3 | - | 21.5 | 20.8 | - | 23.0 | |||||
| Natural Gas Equivalent Volumes (MMcfed) | |||||||||||
| United States | 1,500 | - | 1,573 | 1,499 | - | 1,612 | |||||
| Canada | 227 | - | 253 | 231 | - | 269 | |||||
| Trinidad | 251 | - | 288 | 262 | - | 298 | |||||
| Other International | 11 | - | 15 | 11 | - | 15 | |||||
| Total | 1,989 | - | 2,129 | 2,003 | - | 2,194 | |||||
| Operating Costs | |||||||||||
| Unit Costs ($/Mcfe) | |||||||||||
| Lease and Well | $ 0.75 | - | $ 0.79 | $ 0.75 | - | $ 0.80 | |||||
| Transportation Costs | $ 0.34 | - | $ 0.39 | $ 0.34 | - | $ 0.40 | |||||
| Depreciation, Depletion and Amortization | $ 2.00 | - | $ 2.08 | $ 1.98 | - | $ 2.08 | |||||
| Expenses ($MM) | |||||||||||
| Exploration, Dry Hole and Impairment | $118.0 | - | $ 125.0 | $ 442.0 | - | $ 482.0 | |||||
| General and Administrative | $ 58.0 | $ 62.0 | $ 235.0 | $ 258.0 | |||||||
| Gathering and Processing | $ 12.0 | - | $ 16.0 | $ 50.0 | - | $ 70.0 | |||||
| Capitalized Interest | $ 11.0 | - | $ 15.0 | $ 49.0 | - | $ 53.0 | |||||
| Net Interest | $ 18.0 | - | $ 22.0 | $ 73.0 | - | $ 82.0 | |||||
| Taxes Other Than Income (% of Revenue) | 7.0% | - | 8.0% | 5.7% | - | 8.0% | |||||
| Income Taxes | |||||||||||
| Effective Rate | 30% | - | 40% | > | 35% | ||||||
| Current Taxes ($MM) | $ 20 | - | $ 25 | $ 80 | - | $ 100 | |||||
| Capital Expenditures ($MM) - FY 2009: | |||||||||||
| - Exploration and Development, excluding Acquisitions | Approximately | $ 2,850 | |||||||||
| - Gathering, Processing and Other | Approximately | $ 250 | |||||||||
| Pricing - Refer toI.(b) Benchmark Commodity Pricing in text | |||||||||||
| Natural Gas ($/Mcf) | |||||||||||
| Differentials (include the effect of physical contracts) | |||||||||||
| United States - below NYMEX Henry Hub | $ 0.55 | - | $ 0.90 | $ 0.55 | - | $ 0.75 | |||||
| Canada - below NYMEX Henry Hub | $ 0.50 | - | $ 0.90 | $ 0.50 | - | $ 0.75 | |||||
| Realizations | |||||||||||
| Trinidad | $ 1.25 | - | $ 1.65 | $ 1.35 | - | $ 1.55 | |||||
| Other International | $ 3.50 | - | $ 4.00 | $ 4.00 | - | $ 5.25 | |||||
| Crude Oil and Condensate ($/Bbl) | |||||||||||
| Differentials | |||||||||||
| United States - below WTI | $ 7.40 | - | $ 12.00 | $ 8.25 | - | $ 9.75 | |||||
| Canada - below WTI | $ 4.35 | - | $ 7.50 | $ 4.00 | - | $ 6.00 | |||||
| Trinidad - below WTI | $ 8.50 | - | $ 12.50 | $ 8.50 | - | $ 12.50 | |||||
EOG Resources (EOG)
Filed: 4 May 09, 12:00am