Exhibit 99.2

Pogo Producing Company

Supplemental Information (Unaudited) *

Financial Data	Three Months Ended March 31,
(Data in $thousands, except per share amounts)	2004		2003
Revenues:
Oil and Gas	307,327		311,786
Other	555		887
Total	307,882		312,673
Operating Expenses:
Lease Operating	34,875		30,791
General & Administrative	17,232		13,372
Exploration	8,471		1,832
Dry hole and impairment	11,623		2,178
Depreciation, depletion and amortization	87,339		80,419
Production and other taxes	9,538		8,954
Transportation and other	5,125		7,293
Total	174,203		144,839
Operating Income	133,679		167,834
Interest:
Charges	(9,444	)	(13,695	)
Income	452		387
Capitalized	4,548		4,014
Total Interest Expense	(4,444	)	(9,294	)
Foreign Currency Transaction Gain (Loss)	(44	)	226
Income Before Income Taxes	129,191		158,766
Income Tax Expense (Benefit)	57,551		66,123
Income Before Change in Accounting Principle	71,640		92,643
Change in accounting principle	—		(4,166	)
Net Income	71,640		88,477
Basic earnings per share
Before change in accounting principle	1.13		1.52
Change in accounting principle	—		(0.07	)
Basic earnings per share	1.13		1.45
Diluted earnings per share
Before change in accounting principle	1.12		1.44
Change in accounting principle	—		(0.07	)
Diluted earnings per share	1.12		1.37
Weighted Average Number of Common Shares and Potential Common Shares Outstanding:
Basic shares	63,668		61,157
Diluted shares	64,213		65,128
Discretionary Cash Flow:
Net Income	71,640		88,477
Change in accounting principle	—		4,166
Depreciation, depletion and amortization	87,339		80,419
Deferred Taxes	1,439		17,001
Dry Hole and Impairment	11,623		2,178
Exploration	8,471		1,832
(Gains) Losses on Property Sales	(228	)	62
Capitalized Interest	(4,548	)	(4,014	)
Other Noncash	2,041		5,220
Total	177,777		195,341

*   Supplemental Information should be read in conjunction with Pogo’s Quarterly Earnings Release