Last €23.89 EUR
Change Today +0.285 / 1.21%
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Company Description

Contact Info

600 Travis

Suite 5100

Houston, TX 77002

United States

Phone: 281-840-4000

Fax:

Linn Energy, LLC operates as an independent oil and natural gas company. The company’s properties are located in the United States (U.S.), in the Rockies, the Mid-Continent, the Hugoton Basin, California, the Permian Basin, Michigan, Illinois, and east Texas. As of December 31, 2013, the company’s proved reserves were approximately 6,403 billion cubic feet equivalent. It operated 14,594 or 74% of its 19,810 gross productive wells. Operating Regions Rockies The Rockies region consists of properties located in Wyoming (Green River Basin and Powder River Basin), northeastern Utah (Uinta Basin), North Dakota (Bakken and Three Forks formations in the Williston Basin), and northwestern Colorado (Piceance Basin). Properties located in the Uinta and Piceance basins are acquired in the Berry Petroleum Company (Berry) acquisition. Wells in this region produce from both oil and natural gas reservoirs at depths ranging from 1,000 feet to approximately 13,000 feet. The company’s properties in the Jonah Field located in the Green River Basin of southwest Wyoming produce from the Lance and Mesaverde formations at depths ranging from 8,000 feet to 13,500 feet. The company’s properties in the Powder River Basin consist of a CO2 flood operated by Anadarko Petroleum Corporation in the Salt Creek Field. The company’s properties in the Uinta Basin produce at depths ranging from 5,000 feet to 7,500 feet. The company’s nonoperated properties in the Williston Basin produce at depths ranging from 9,000 feet to 12,000 feet and its properties in the Piceance Basin produce at depths ranging from 7,500 feet to 9,500 feet. Mid-Continent The Mid-Continent region includes properties located in Oklahoma, Louisiana and the eastern portion of the Texas Panhandle (including the Granite Wash and Cleveland horizontal plays). Wells in this region produce from both oil and natural gas reservoirs at depths ranging from 1,500 feet to approximately 18,000 feet. The majority of wells in this region are mature, low-decline oil and natural gas wells. The company owns and operates a network of natural gas gathering systems consisted of approximately 325 miles of pipeline and associated compression and metering facilities. In connection with the horizontal development activities in the Granite Wash formation, the company continues to expand this gathering system, which connects to various natural gas processing facilities in the region. Hugoton Basin The Hugoton Basin is a primary oil and natural gas producing area located in the central portion of the Texas Panhandle extending into southwestern Kansas. The company’s Texas properties in the basin primarily produce from the Brown Dolomite formation at depths of approximately 3,200 feet and its Kansas properties primarily produce from the Council Grove and Chase formations at depths ranging from 2,500 feet to 3,000 feet. The company owns and operates a network of natural gas gathering systems consisted of approximately 665 miles of pipeline and associated compression and metering facilities that connect to various sales outlets in the area. The company also owns and operates the Jayhawk natural gas processing plant in southwestern Kansas with a capacity of approximately 450 million cubic feet equivalent per day, allowing it to extract maximum value from the liquids-rich natural gas produced in the area. California The California region consists of the Midway-Sunset Field, Diatomite, McKittrick, and Poso Creek properties in the San Joaquin Valley Basin, and the Brea Olinda Field and Placerita Field in the Los Angeles Basin. The Brea Olinda Field produces from the shallow Pliocene formation to the deeper Miocene formation at depths ranging from 1,000 feet to 7,500 feet. The properties in the Midway-Sunset Field, Diatomite, McKittrick, Placerita Field, and Poso Creek are acquired in the Berry acquisition and produce using thermal enhanced oil recovery methods at depths ranging from 800 feet to 2,000 feet. Permian Basin The company’s properties are located in west Texas and southeast New Mexico, and primarily produce at depths ranging from 2,000 feet to 12,000 feet. The Wolfberry tre

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