We’re one of the largest producers of U.S. natural gas: We’re one of the largest U.S. natural gas producers and we own an interest in approximately 44,100 oil and natural gas wells that are currently producing approximately 2.4 bcfe per day, 93% of which is natural gas.
We’re the most active driller of new wells in the U.S.: During 2009, we continued the industry's most active drilling program and drilled 1,212 gross (885 net) operated wells and participated in another 994 gross (118 net) wells operated by other companies utilizing an average of 104 operated rigs and average of 60 non-operated rigs. The company's drilling success rate in 2009 was 99% for company-operated wells and 98% for non-operated wells.
We’re positioned for top-tier growth: From 2002 through 2009, we increased our proved reserves at a 31% annualized rate to 14.3 tcfe (based on SEC pricing), our average daily production at a 26% annualized rate to 2.5 bcfe/d and our fully diluted adjusted earnings per common share at a 24% annualized rate to $2.55 per share.
We’re the largest U.S. unconventional gas resource player: We’ve built an industry-leading position of 13.7 million net acres of U.S. onshore leasehold and 23.6 million acres of 3-D seismic data. On this very large acreage position that includes the industry's leading unconventional gas resource base, we have an inventory of an estimated 36,000 net drilling sites, representing a backlog of more than 10 years of future drilling opportunities at current drilling rates.