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HIGHMOUNT

HighMount

HighMount Exploration & Production

(Year ended Dec. 31, 2012)

  • Headquarters: Houston, Texas
  • Industry: Oil and gas exploration and production
  • Revenue: $297 million
  • Net proved reserves: 825 Bcfe
  • Net producing wells: 5,874
  • Average daily production: 154 MMcfe
  • Employees: 400
  • Loews Ownership: 100%

HighMount Exploration & Production LLC is engaged in the exploration and production of oil, natural gas and natural gas liquids. The company has operational expertise in large-scale field operations, horizontal drilling and completion and unconventional resource plays. HighMount’s principal assets, located in the Permian Basin, Oklahoma’s Mississippian Lime and the Texas Panhandle areas, have estimated net proved reserves totaling approximately 825 billion  cubic feet (Bcf)equivalent. HighMount’s properties typically have long reserve lives, high well completion success rates, and predictable production profiles.

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