The company reported total production of 15.3 million boe per day in the second quarter, compared to 14.1 million in the same period a year ago, and raised its production guidance from 56 million to 58 million barrels of oil to 58 million to 59.5 million boe.

"The increase is related primarily to stronger performance year-to-date from existing assets and the recently acquired assets in the Anadarko Basin Stack play," Newfield said.

The