Question-and-Answer Session
Operator
(Operator instructions) Now our first question comes from David Kistler of Simmons & Company. Please go ahead.
David Kistler – Simmons & Company
Good morning, guys.
Phil Rykhoek
Good morning.
David Kistler – Simmons & Company
Real quickly, with the tentative 2010 CapEx budget obviously contingent a little bit on commodity prices, can you talk a little bit about what that does for your target tertiary growth in 2010 and maybe '11 and forward?
Phil Rykhoek
Yes, I mean if you recall, of course, 2009, a lot of our money is being spent on pipeline, so we haven't spent too much money really on tertiary projects. Two-thirds of it is going into the Green and Delta Pipeline. Obviously in 2010, that would flip around and most of the money will go into tertiary program and very little for the carry over on the Green Pipeline. We haven't -- we are kind of redoing our models. But also if you recall, that was part of reason, that was part of the reason we wanted to sell the Barnett, was to take that $200 million plus and invest it in our tertiary program in 2010, so that it would help improve our production profile in 2011, which was looking a little bit weak just due to the lack of spending in our tertiary programs. So we think with the Barnett sale and where prices are and so forth, I think we should be well within that 10% to 20% growth per year for the next couple of years all the way up to 2015.
David Kistler – Simmons & Company
Okay. That's helpful. Then kind of thinking about your reserve booking from Crandall [ph], how do I think about -- with the production response at Heidelberg and then potential for Delhi next year, how to think about reserve bookings for balance of this year and potentially next year?
Tracy Evans
Well, as far as the tertiary reserve bookings go, David, the Heidelberg was booked at year-end. So although we've now seen response, there won't be any additional reserves booked at Heidelberg this year. Obviously Cranfield, we've made the initial booking, so it will take some time to see more production history before we could update that one. And then Delhi, with us not starting injections until the fourth quarter and then not having production till probably the later second quarter of 2010, we won't be able to have any bookings at Delhi. So primarily the remaining bookings this year will come from just whatever production -- not responses, but whatever production forecasts we have would indicate increases in reserves out of our existing fields already, maybe Eucutta, possibly Mallalieu and those types, some of the older floods that we originally only booked either the 13% or some number. And now with the production going forward, depending on where it ends up at the end of the year, we may be able to book some reserves there.
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