Exhibit 99.2

Pogo Producing Company

Supplemental Information (Unaudited)

				Quarter Ended						Twelve Months
				December 31,						December 31,
Financial Data
(Data in $ thousands, except per share amounts)				2002			2001			2002			2001
Revenues:
		Oil and Gas			215,531			128,075			746,988			596,077
		Pipeline sales			1			1,388			79			12,037
		Gain (loss) on property sales and other			806			(6,754	)		4,374			(2,614	)
			Total		216,338			122,709			751,441			605,500
Operating Expenses:
		Lease Operating			38,592			30,695			139,448			118,157
		General & Administrative			12,675			10,023			49,490			39,162
		Exploration			1,099			5,926			4,783			23,373
		Dry hole and impairment			10,325			848			26,999			26,945
		Depreciation, depletion and amortization			74,101			60,323			287,809			206,609
		Pipeline operating & natural gas purchases			425			1,115			2,739			11,373
			Total		137,217			108,930			511,268			425,619
Operating Income					79,121			13,779			240,173			179,881
Interest:
		Charges			(13,998	)		(14,848	)		(57,450	)		(56,259	)
		Income			444			540			1,760			3,226
		Capitalized			4,588			9,089			24,033			33,242
			Total Interest Expense		(8,966	)		(5,219	)		(31,657	)		(19,791	)
Minority Interest in Subsidiary					—			(2,500	)		(4,140	)		(9,999	)
Foreign Currency Transaction Gain (Loss)					(438	)		144			435			(524	)
Income Before Income Taxes					69,717			6,204			204,811			149,567
Income Tax Expense (Benefit)					31,966			4,778			97,780			61,613
Income Before Change in Accounting Principle					37,751			1,426			107,031			87,954
Net Income					37,751			1,426			107,031			87,954
Earnings Per Common Share
	Basic earnings per share				0.62			0.03			1.85			1.72
	Diluted earnings per share				0.60			0.03			1.77			1.62
Weighted Average Number of Common Shares and Potential Common Shares Outstanding:
		Basic shares			60,966			53,657			57,963			51,031
		Diluted shares			64,920			54,293			64,321			60,822
Discretionary Cash Flow:
		Net Income			37,751			1,426			107,031			87,954
		Foreign currency transaction loss (gain)			1,601			(144	)		728			524
		Depreciation, depletion and amortization			74,101			60,323			287,809			206,609
		Deferred Taxes			10,912			2,029			70,929			50,617
		Other			4,573			208			17,589			5,550
		Dry Hole and Impairment			10,325			848			26,999			26,945
		Exploration			1,099			5,926			4,783			23,373
		(Gains) Losses on Property Sales			66			3,487			(3,034	)		(1,000	)
		Capitalized Interest			(4,588	)		(9,089	)		(24,033	)		(33,242	)
		Undistributed Equity in Minority Owned Subsidiary			—			2,500			4,140			9,999
			Total		135,840			67,514			492,941			377,329