Exhibit 99.2

Pogo Producing Company

Supplemental  Information (Unaudited) *

Financial Data	Quarter Ended December 31,				Twelve Months December 31,
(Data in $ thousands, except per share amounts)	2004		2003		2004		2003
Revenues:
Oil and Gas	310,215		272,197		1,308,225		1,159,544
Other	13,792		648		14,754		2,452
Total	324,007		272,845		1,322,979		1,161,996
Operating Expenses:
Lease Operating	40,914		31,287		144,473		123,098
General & Administrative	17,022		15,929		69,775		61,291
Exploration	4,490		2,456		23,063		7,547
Dry hole and impairment	37,762		24,436		92,312		35,102
Depreciation, depletion and amortization	87,877		81,366		365,089		325,820
Production and other taxes	15,604		8,216		67,984		35,485
Transportation and other	6,090		4,922		21,699		25,924
Total	209,759		168,612		784,395		614,267
Operating Income	114,248		104,233		538,584		547,729
Interest:
Charges	(7,218	)	(9,426	)	(29,333	)	(46,360	)
Income	1,044		472		2,526		1,852
Capitalized	2,759		4,154		14,216		16,531
Total Interest Expense	(3,415	)	(4,800	)	(12,591	)	(27,977	)
Loss on Debt Extinguishment	(2,866	)	—		(13,759	)	(5,893	)
Foreign Currency Transaction Gain (Loss)	(3,165	)	221		(1,726	)	1,370
Income Before Income Taxes	104,802		99,654		510,508		515,229
Income Tax Expense (Benefit)	57,534		44,569		239,799		220,122
Income Before Change in Accounting Principle	47,268		55,085		270,709		295,107
Change in accounting principle	—		—		—		(4,166	)
Net Income	47,268		55,085		270,709		290,941
Basic earnings per share
Before change in accounting principle	0.74		0.87		4.24		4.72
Change in accounting principle	—		—		—		(0.07	)
Basic earnings per share	0.74		0.87		4.24		4.65
Diluted earnings per share
Before change in accounting principle	0.73		0.86		4.20		4.60
Change in accounting principle	—		—		—		(0.06	)
Diluted earnings per share	0.73		0.86		4.20		4.54
Weighted Average Number of Common Shares and Potential Common Shares Outstanding:
Basic shares	64,053		63,607		63,848		62,538
Diluted shares	64,605		64,013		64,393		64,612
Discretionary Cash Flow:
Net Income	47,268		55,085		270,709		290,941
Change in accounting principle	—		—		—		4,166
Depreciation, depletion and amortization	87,877		81,366		365,089		325,820
Deferred Taxes	1,700		18,857		(3,666	)	51,818
Dry Hole and Impairment	37,762		24,436		92,312		35,102
Exploration	4,490		2,456		23,063		7,547
(Gains) Losses on Property Sales	203		(473	)	279		(386	)
Capitalized Interest	(2,759	)	(4,154	)	(14,216	)	(16,531	)
Other Noncash	8,768		8,382		26,018		34,335
Total	185,309		185,955		759,588		732,812

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