Linn Energy, LLC operates as an oil and natural gas company. The company’s properties are located in the United States, in the Hugoton Basin, the Rockies, California, east Texas and north Louisiana (TexLa), the Mid-Continent, Michigan/Illinois, the Permian Basin and south Texas. As of December 31, 2015, the company’s proved reserves included approximately 4,488 billion cubic feet equivalent (Bcfe), of which approximately 26% were oil, 59% were natural gas and 15% were natural gas liquids (NGL). As of December 31, 2015, the company operated 19,294 or approximately 72% of its 26,808 gross productive wells. Hugoton Basin The Hugoton Basin is a large oil and natural gas producing area located in southwest Kansas extending through the Oklahoma Panhandle into the central portion of the Texas Panhandle. The company’s Kansas and Oklahoma Panhandle properties primarily produce from the Council Grove and Chase formations at depths ranging from 2,200 feet to 3,100 feet and its Texas properties in the basin primarily produce from the Brown Dolomite formation at depths of approximately 3,200 feet. The company’s properties in this region are primarily mature, low-decline natural gas wells. To transport its natural gas in the Texas Panhandle to market, the company owns and operates a network of natural gas gathering systems consists of approximately 665 miles of pipeline and associated compression and metering facilities that connect to various sales outlets in the area. The company also operates two natural gas processing plants in southwest Kansas. The company owns the Jayhawk natural gas processing plant with capacity of approximately 450 million cubic feet per day (MMcf/d), and has a 51% operating interest in the Satanta natural gas processing plant with capacity of approximately 220 MMcf/d, allowing it to receive maximum value from the liquids-rich natural gas produced in the area. The company’s production in the area is delivered to the plants via a system of approximately 3,920 miles of pipeline and related facilities operated by it, of which approximately 2,065 miles of pipeline are owned by it. Rockies The Rockies region consists of properties located in Wyoming (Green River, Washakie and Powder River basins), northeast Utah (Uinta Basin), North Dakota (Bakken and Three Forks formations in the Williston Basin) and northwest Colorado (Piceance Basin). Wells in this diverse region produce from both oil and natural gas reservoirs at depths ranging from 1,000 feet to 15,000 feet. The company’s properties in the Jonah Field located in the Green River Basin of southwest Wyoming produce from the Lance and Mesaverde formations at depths ranging from 8,000 feet to 14,500 feet. Its properties in the Washakie Basin produce at depths ranging from 7,500 feet to 11,500 feet. The company’s properties in the Powder River Basin consist of a CO2 flood operated by Fleur de Lis Energy, LLC in the Salt Creek Field. Its properties in the Uinta Basin produce at depths ranging from 5,000 feet to 15,000 feet. The company’s non operated properties in the Williston Basin produce at depths ranging from 9,000 feet to 12,000 feet and its properties in the Piceance Basin produce at depths ranging from 7,500 feet to 9,500 feet. To more efficiently transport its natural gas in the Uinta Basin to market, the company owns and operates a network of natural gas gathering systems comprised of approximately 845 miles of pipeline and associated compression and metering facilities that connect to various sales outlets in the area. The company also owns the Brundage Canyon natural gas processing plant with capacity of approximately 30 MMcf/d. California The California region consists of properties located in the Midway-Sunset, McKittrick, Poso Creek and South Belridge fields in the San Joaquin Valley Basin, as well as the Brea Olinda and Placerita fields in the Los Angeles Basin. The properties in the Midway-Sunset, McKittrick, Placerita, Poso Creek and South Belridge fields produce using thermal enhanced oil recovery methods at depths ranging from 800 feet to 2,000 feet. The Brea Olinda Field produces from the shallow Pliocene formation to t
linn energy llc-units (LI8:Frankfurt)
Houston, TX 77002
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