5 million cubic feet of gas to Kerr-McGee's daily production. Net reserves added as a result of the deal amount to about 5.2 million barrels of oil equivalent.
Kerr-McGee's Sound move
KERR-MCGEE has acquired Phillips Petroleum's 50% interest in the Breton Sound block 20 and 36 fields in the shallow water Gulf of Mexico. Kerr-McGee now holds 100% working interests in both fields. The acquisition adds approximately 2000 barrels of oil and 5.
17 July 1999 0:00 GMT
Updated
17 July 1999 0:00 GMT