UNION PACIFIC STEPS UP CHALK PRODUCTION

Union Pacific Resources Co. (UPRC), Fort Worth, gauged a company record Cretaceous Austin chalk net production of more than 51,000 b/d of oil equivalent (BDOE) as of Nov. 18, mainly from horizontal wells. Present income from the Central Texas trend is $1.065 million/day, mainly from crude oil sales of $500,000/day. Crude oil pipeline operations and sales of gas and natural gas liquids account for the rest. Current company production is up from 15,000 BDOE from the chalk at yearend 1990.

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