BURLINGTON RESOURCES INC. RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.1 (UNAUDITED) NINE MONTHS ENDED SEPTEMBER 30, 1994 1993 (In Thousands, Except Ratio Amounts) Earnings: Income from Continuing Operations Before Income Taxes..............................$ 92,207 $ 263,800 Add: Interest and fixed charges....................... 64,440 54,729 Portion of rent under long-term operating leases representative of an interest factor.... 3,400 3,541 --------- --------- Total Earnings Available for Fixed Charges.........$ 160,047 $ 322,070 ========= ========= Fixed Charges: Interest and fixed charges.........................$ 64,440 $ 54,729 Portion of rent under long-term operating leases representative of an interest factor...... 3,400 3,541 Capitalized interest............................... 1,035 2,224 --------- --------- Total Fixed Charges................................$ 68,875 $ 60,494 ========= ========= Ratio of Earnings to Fixed Charges................... 2.32 x 5.32 x ========= =========