EX-99.3 5 a04-1384_1ex99d3.htm EX-99.3

Exhibit 99.3

 

Pogo Producing Company

Supplemental Information (Unaudited)

 

 

 

Quarter Ended
December 31,

 

Twelve Months
December 31,

 

 

 

2003

 

2002

 

2003

 

2002

 

Operating Data

 

 

 

 

 

 

 

 

 

Net Natural Gas Sales (Mcf/day)

 

 

 

 

 

 

 

 

 

North America

 

212,808

 

203,664

 

210,419

 

201,295

 

Thailand

 

84,149

 

78,480

 

86,510

 

77,751

 

Total Natural Gas

 

296,957

 

282,144

 

296,929

 

279,046

 

 

 

 

 

 

 

 

 

 

 

Gas Price ($/Mcf)

 

 

 

 

 

 

 

 

 

North America

 

$

4.73

 

$

3.55

 

$

5.17

 

$

3.15

 

Thailand

 

$

2.59

 

$

2.29

 

$

2.49

 

$

2.22

 

Average Gas Price

 

$

4.13

 

$

3.20

 

$

4.39

 

$

2.89

 

 

 

 

 

 

 

 

 

 

 

Net Liquids Production (Bbl/day)

 

 

 

 

 

 

 

 

 

Crude & Condensate

 

 

 

 

 

 

 

 

 

North America

 

36,920

 

33,664

 

40,173

 

30,969

 

Thailand

 

21,508

 

15,867

 

21,948

 

16,391

 

Total Crude & Condensate

 

58,428

 

49,531

 

62,121

 

47,360

 

Plant Products

 

4,527

 

3,906

 

4,109

 

4,480

 

Total Liquids

 

62,955

 

53,437

 

66,230

 

51,840

 

 

 

 

 

 

 

 

 

 

 

Net Liquids Sales (Bbl/day)

 

 

 

 

 

 

 

 

 

Crude & Condensate

 

 

 

 

 

 

 

 

 

North America

 

36,920

 

33,664

 

40,173

 

30,969

 

Thailand *

 

18,864

 

17,197

 

21,145

 

16,549

 

Total Crude & Condensate

 

55,784

 

50,861

 

61,318

 

47,518

 

Plant Products

 

4,527

 

3,906

 

4,109

 

4,480

 

Total Liquids

 

60,311

 

54,767

 

65,427

 

51,998

 

 

 

 

 

 

 

 

 

 

 

Average Prices ($/Bbl)

 

 

 

 

 

 

 

 

 

Crude & Condensate

 

 

 

 

 

 

 

 

 

North America

 

$

28.58

 

$

27.34

 

$

29.08

 

$

24.95

 

Thailand *

 

$

30.79

 

$

27.40

 

$

29.14

 

$

24.80

 

Average Crude & Cond. Prices

 

$

29.32

 

$

27.36

 

$

29.10

 

$

24.89

 

Plant Products

 

$

21.66

 

$

17.44

 

$

21.59

 

$

14.94

 

 


* Sales Volumes & Price Used in Financial Statements

 

Selected Balance Sheet Data

 

($ in 000’s)

 

12/31/2003

 

12/31/2002

 

 

 

 

 

Total Assets

 

$

2,762,036

 

$

2,491,593

 

 

 

 

 

Long-term Debt  *

 

489,000

 

724,987

 

 

 

 

 

Shareholders’ Equity

 

1,453,653

 

1,077,784

 

 

 

 

 

Working Capital

 

170,771

 

137,971

 

 

 

 

 

 


* Excludes debt discount of $1,739 and $2,084, respectively