Breitburn holds oil and gas properties that are characterized by stable, long-lived production with proved reserve life indexes averaging greater than 15 years. Our fields generally have long production histories, with some fields dating back to the 1800s. Breitburn produces oil and gas from 7 different areas throughout the United States*:
Specifically, our producing assets are located in:
In all, our total estimated proved reserves are 239.3 MMBoe. We own working interests in 12,414 gross producing wells and have 1.2 million gross (705,597 net) acres of leasehold acreage.
At year-end 2015, approximately 80% of Breitburn's estimated proved reserves were proved developed (PD) and 20% were proved undeveloped (PUD).
*As of December 31, 2015.
Total Estimated Proved Reserves by Area*
Total Estimated Proved Reserves by Commodity*
*Reserve information as of December 31, 2014