Form 8-K NR and @NFX Pub 10-25-06

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
______________
 
FORM 8-K
______________
 
 
CURRENT REPORT
 
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):   October 25, 2006
______________

NEWFIELD EXPLORATION COMPANY
(Exact name of registrant as specified in its charter)
______________
 

Delaware
1-12534
72-1133047
(State or other jurisdiction
(Commission File Number)
(I.R.S. Employer
of incorporation)
  
Identification No.)
 
363 N. Sam Houston Parkway E., Suite 2020
Houston, Texas 77060
(Address of principal executive offices)
 
Registrant’s telephone number, including area code: (281) 847-6000
 
Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 


Item 2.02   Results of Operations and Financial Condition

On October 25, 2006, Newfield issued a press release announcing its third quarter 2006 financial and operating results and fourth quarter 2006 earnings guidance. A copy of the press release is furnished herewith as Exhibit 99.1.
 
Item 7.01   Regulation FD Disclosure
 
On October 25, 2006, Newfield issued its @NFX publication, which includes an update on recent drilling programs and key development projects and updated tables detailing complete hedging positions as of October 24, 2006. A copy of this publication is furnished herewith as Exhibit 99.2. The statements set forth in this publication regarding estimated or anticipated production for future periods, fourth quarter results, timing of first production from properties, future production rates and planned drilling activities are forward looking and are based upon assumptions and anticipated results that are subject to numerous uncertainties. Actual results may vary significantly from those anticipated due to many factors. Newfield’s ability to produce oil and gas from the Gulf of Mexico is dependent on infrastructure (such as host platforms, pipelines and onshore processing facilities) owned by third parties. Much of this infrastructure was damaged by Hurricanes Katrina and Rita. As a result, it is difficult to predict when production will return to pre-storm levels. Other factors include drilling results, oil and gas prices, industry conditions, the prices of goods and services, the availability of drilling rigs and other support services, the availability of capital resources, the availability of refining capacity for the crude oil Newfield produces from its Monument Butte Field in Utah and labor conditions. In addition, the drilling of oil and gas wells and the production of hydrocarbons are subject to governmental regulations and operating risks.

Item 9.01   Financial Statements and Exhibits

(d)
Exhibits
  
     
 
99.1
Press release issued by Newfield Exploration Company on October 25, 2006.
 
99.2
@NFX publication issued by Newfield Exploration Company on October 25, 2006.

 

 
 
2

SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 
NEWFIELD EXPLORATION COMPANY
     
     
     
Date:  October 26, 2006
By:
/s/ TERRY W. RATHERT 
   
Terry W. Rathert
   
Senior Vice President and Chief Financial Officer


 
 
 
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Exhibit Index


Exhibit No.
  
Description
     
99.1
  
99.2