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Last €12.34 EUR
Change Today +0.045 / 0.37%
Volume 400.0
LI8 On Other Exchanges
Symbol
Exchange
Frankfurt
As of 10:08 AM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

600 Travis

Suite 5100

Houston, TX 77002

United States

Phone: 281-840-4000

Fax:

Linn Energy, LLC operates as an oil and natural gas company. The company’s properties are located in the United States, in the Rockies, the Hugoton Basin, California, east Texas and north Louisiana (TexLa), the Mid-Continent, the Permian Basin, Michigan/Illinois and south Texas. The company’s proved reserves, as of December 31, 2014, were approximately 7,304 Bcfe (billion cubic feet equivalent). As of December 31, 2014, the company operated 19,591 or approximately 71% of its 27,738 gross productive wells. Operating Regions 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). 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 14,000 feet. The company’s 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 Anadarko Petroleum Corporation in the Salt Creek Field. The company’s properties in the Uinta Basin produce at depths ranging from 5,000 feet to 15,000 feet. 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 (million cubic feet/day). 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 owns and operates a network of natural gas gathering systems comprised 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 MMcf/d, and has a 51% operating interest in the Satanta natural gas processing plant with capacity of approximately 220 MMcf/d. The company’s production in the area is delivered to the plants via a system of approximately 3,900 miles of pipeline and related facilities operated by the company, of which approximately 2,050 miles of pipeline are owned by the company. 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 company’s properties in this region are primarily mature, low-decline oil wells. TexLa The TexLa region consists of properties located in east Texas and north Louisiana and primarily produces natural gas from the Cotton Valley and Travis Peak formations at depths ranging from 7,000 feet to 11,500 feet. The company owns and operates a network of natural gas gathering systems comprised of approximately 630 miles of pipeline and associated compression and metering facilities that connect to various sales outlets in the area. Mid-Continent The Mid-Continent region consists of properties located in the Anadarko and Arkoma basins in Oklahoma, as well as waterfloods in the Central Oklahoma Platform. Wells in this diverse region produce from both oil

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