BURLINGTON ANNOUNCES CONTINUED ONSHORE DRILLING SUCCESS.

HOUSTON--(BUSINESS WIRE)--March 31, 1998--Burlington Resources (NYSE:BR) today announced successful completion of three onshore south Louisiana exploration discoveries and one development well. Three of the wells are currently producing and one is planned to commence production early in the second quarter of 1998.

The LL&E Fee No. 2 well at Lake Des Allemands Field located in St. Charles Parish was drilled to a total vertical depth of 11,732 feet and encountered two gas sands with 38 feet of total net pay. Upon test, the well flowed 12.4 million cubic feet of gas per day (MMCFD) and 600 barrels of condensate per day (BCPD) at 3,270 PSI flowing tubing pressure. The prospect location was generated through interpretation of a 92 square mile three-dimensional (3-D) seismic survey conducted over LL&E fee lands near Des Allemands, Louisiana in 1994. BR is the operator of the well with a 50 percent working interest and a 55 percent net revenue interest. Partners include Goodrich Energy, L.P., a privately held Houston based exploration and production company, with a 25 percent working interest, and DDD Energy, Inc., a wholly-owned subsidiary of Seitel Inc. (NYSE:SEI), which also has a 25 percent working interest.

In Caillou Island Field, located in Terrebonne Parish, the State Lease 301 No. 393, operated by Texaco, was drilled to a total depth of 17,850 feet and encountered multiple exploratory and field pay horizons with 150 feet of total net pay. The well was placed on production at a rate of 8.8 MMCFD and 850 BCPD at 4,900 PSI flowing tubing pressure. BR has a 50 percent working interest and 44 percent net revenue interest. Texaco has the remaining 50 percent working interest.

In Plaquemines Parish, another exploratory well has been successfully drilled in the Bastian Bay Field. The LL&E Fee No. 32, operated by Phillips, was drilled to a total depth of 11,039 feet and logged 44 feet of total net gas pay. The well contributed to sales at a rate of 4.6 MMCFD and 108 BCPD at 2,700 PSI flowing tubing pressure. Burlington has a 29 percent working interest and 45 percent net revenue interest in the currently completed zone.

At Freshwater Bayou Field in Vermilion Parish, the Louisiana Furs "C" No. 22 was drilled to a total depth of 12,000 feet and encountered 24 feet of net pay in two existing field pay zones. The lower most zone contributed to sales at a rate of 3.1 MMCFD and 37 BCPD at 3,600 PSI flowing tubing pressure. This development potential was identified as a result of deep exploratory activity in the field. Burlington has a 35 percent working interest in this well, which is operated by Spirit Energy '76, a business unit of Unocal, which has a 50 percent working interest.

Bobby S. Shackouls, Chairman, President and CEO, commented, "Our south Louisiana program continues to generate very encouraging drilling success. We have expanded this year's program to include nearly 30 exploratory projects, with a good mix of low, moderate and high potential prospects. We are also expanding our 3-D based drilling program into south Texas in 1998."

Forward-looking Statements 

This press release may contain projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Any such projections or statements reflect the Company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and actual results could differ materially from those projected. A discussion of important factors that could cause actual results to differ materially from those projected is included in the Company's periodic reports filed with the Securities and Exchange Commission.

CONTACT: Burlington Resources, Houston

Al Petrie, 713/624-9374

Clay Jeansonne, 713/624-9354

Lorri Charvat, 713/624-9658