Unocal steps up exploration
Unocal steps up exploration
EL SEGUNDO, California (Dow Jones): Unocal Corp replaced 101 percent of its crude oil and natural gas production in 1998 with new proved reserves.
In a press release Monday, the company said it replaced the production through exploration in the Gulf of Mexico and Indonesia.
Unocal's international operations replaced 114 percent of production in 1998 through exploration drilling.