Newfield Exploration Co is an independent exploration and production company incorporated in Delaware on December 5, 1988. The Company is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its operations are focused on large scale, onshore liquids-rich resource plays in the United States. The Company's areas of operation are the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota, the Uinta Basin of Utah and the Maverick and Gulf Coast basins of Texas. In addition, it also has oil developments offshore China. The Company's customers include China National Offshore Oil Corporation Ltd., MidCon Gathering LLC, Sunoco Logistics Partners Operations GP LLC, Tesoro Corporation, and Royal Dutch Shell PLC. Exploration and development and the production and sale of oil and gas are subject to extensive federal, state, local and international regulations.
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