 The Woodlands, TX -
Newfield Exploration is relocating its corporate headquarters to 4 Waterway Square, a new 216,000 square-foot Class A office building in The Waterway Square District of The Woodlands Town Center, according to Dan Leverett, vice president of commercial for The Woodlands Development Company (TWDC). The firm has leased 91,456 square feet in the new building.
"Newfield Explorations' corporate workforce involving approximately 150 employees will be relocating to the new building late this summer," said Steve Campbell, vice president of investor relations for Newfield Exploration. "The relocation is due to growth in our employee workforce in Houston. The Woodlands is a central location for the vast majority of our employees and provides a great setting for Newfield's headquarters. Our business units that include Onshore Gulf Coast and Gulf of Mexico & International will remain at the present Newfield Greenspoint location with nearly 200 employees."
Newfield Exploration is an independent crude oil and natural gas exploration and production company. The Company relies on a proven growth strategy of growing reserves through an active drilling program and select acquisitions. Newfield's domestic areas of operation include the Mid-Continent, the Rocky Mountains, onshore Texas, Appalachia and the Gulf of Mexico. The Company has international operations in Malaysia and China.
Mike Boehler and Lucian Bukowski with Jones Lang LaSalle represented Newfield Exploration. Dennis Conine of Conine & Associates represented TWDC.
The Woodlands is a 28,000 acre master-planned community located 27 miles north of downtown Houston. For more information about commercial property in The Woodlands, visit www.thewoodlands-commercial.com.
Photo caption: Newfield Exploration has leased 91,456 square-foot offices at 4 Waterway Square in The Woodlands. The Company plans to relocate approximately 150 employees to the new building late this summer.
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