Oil & Gas Reserves and Production - Unit Conversion Tutorial

Assumptions:

Last Historical Year: 12/31/2009

Standard Conversion Units: 1,000
Bbl to Mcf Factor: 6

XTO Energy Inc. - Reserves and Production

Historical
December 31, 2007 2008 2009

End-of-Year Proved Developed Reserves:

Gas (Bcf): 6,031.5 7,290.3 7,353.1
Natural Gas Liquids (MMBbls): 52.9 52.5 62.7
Oil (MMBbls): 184.8 205.0 212.6
Total Proved Developed Reserves, Bcfe: 7,457.7 8,835.3 9,004.9
Total Proved Developed Reserves, MMBOE: 1,243.0 1,472.6 1,500.8

End-of-Year Proved Undeveloped Reserves:

Gas (Bcf): 3,409.6 4,512.6 5,148.6
Natural Gas Liquids (MMBbls): 13.9 23.3 30.5
Oil (MMBbls): 56.4 62.5 81.8
Total Proved Undeveloped Reserves, Bcfe: 3,831.4 5,027.4 5,822.4
Total Proved Undeveloped Reserves, MMBOE: 638.6 837.9 970.4

End-of-Year Proved Reserves:

Gas (Bcf): 9,441.1 11,802.9 12,501.7
Natural Gas Liquids (MMBbls): 66.8 75.8 93.2
Oil (MMBbls): 241.2 267.5 294.4
Total Proved Reserves, Bcfe: 11,289.1 13,862.7 14,827.3
 Total Proved Reserves, MMBOE: 1,881.5 2,310.5 2,471.2

Annual Production:
Gas (Bcf): 532.1 697.4 855.0
Natural Gas Liquids (MMBbls): 4.9 5.7 7.5
Oil (MMBbls): 17.2 20.5 24.2
Total Annual Production, Bcfe: 664.8 854.7 1,045.2
Total Annual Production, MMBOE: 110.8 142.5 174.2

Reserve Life (Years): 17.0 16.2 14.2