Top 20 North America Independent Exploration and Production (E&P) Companies

REF ER EN CE CO DE GDG E0023B | PU BLIC AT ION D AT E D EC EM BER 2015

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Top 20 North America Independent Exploration &

Development (E&P) Companies: Financial & Operational

Fundamental Analysis and Benchmarking-2015

Top 20 North America Independent E&P Companies

Top 20 Independent E&P Companies, Total Proved Oil and Gas Reserves

(mmboe), 2014

Company

Total proved oil and gas reserves

ConocoPhillips

8,906

CNRL

4,553

Anadarko

2,858

Occidental

2,820

Devon

2,754

EOG

2,497

Chesapeake

2,469

Apache

2,396

Marathon

2,198

Antero

2,114

Southwestern

1,791

EQT

1,790

Range

1,718

Hess

1,431

Noble

1,404

Continental

1,351

Encana

1,277

Cabot

1,233

Linn

1,217

Consol

1,138

Source: GlobalData, Oil and Gas eTrack, Advanced Company Operational and Financial Benchmarking [Accessed on September 2, 2015]

Anadarko: Anadarko Petroleum Corporation; Antero: Antero Resources Corporation; Apache: Apache Corporation; Cabot: Cabot Oil & Gas

Corporation; CNRL: Canada Natural Resources Limited; Chesapeake: Chesapeake Energy Corporation; ConocoPhillips: ConocoPhillips; Consol:

Consol Energy Inc.; Continental: Continental Resources, Inc.; Devon: Devon Energy Corporation; Encana: Encana Corporation; EOG: EOG Resources,

Inc.; EQT: EQT Corporation; Hess: Hess Corporation; Linn: Linn Energy, LLC; Marathon: Marathon Oil Corporation; Noble: Noble Energy, Inc.;

Occidental: Occidental Petroleum Corporation; Range: Range Resources Corporation; Southwestern: Southwestern Energy Company; mmboe: million

barrels of oil equivalent

There has been a steady rise in the proved oil and gas reserves among North

American independent exploration & development companies. ConocoPhillips tops

the list, with the highest proved oil and gas reserves of 8,906 mmboe and ranks first

out of the 20 North American independent E&P companies covered.

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