Performance Profiles Table Browser: Oil and Natural Gas Exploration and Development Expenditures for FRS Companies, United States and Foreign


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Release Date: December 2008 Next Release Date: December 2009

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Oil and Natural Gas Exploration and Development Expenditures for FRS Companies, United States and Foreign
(Million 2007 Dollars)

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

United States

Exploration

Acquisition of Unproved Acreage

4,859

775

4,805

4,127

2,623

1,564

2,819

3,980

18,935

7,580

Geological and Geophysical

1,138

760

1,017

887

944

742

940

1,044

1,195

1,355

Drilling and Equipping¹

3,681

2,352

3,055

3,833

2,938

2,843

2,492

3,833

5,701

5,117

Other

1,185

807

731

901

957

792

953

1,082

1,134

1,263

Total Exploration

10,862

4,694

9,608

9,748

7,462

5,941

7,205

9,940

26,966

15,315

Development

Acquisition of Proved Acreage

4,431

1,401

33,475

8,639

8,708

6,814

8,304

14,305

37,129

7,957

Lease Equipment

3,338

2,976

2,285

4,467

3,824

4,094

4,204

3,711

5,381

5,390

Drilling and Equipping¹

9,649

6,148

10,529

13,656

12,318

11,915

14,089

19,045

26,475

29,904

Other²

2,058

1,293

1,667

3,107

4,272

1,860

1,678

2,380

3,373

5,869

Total Development

19,477

11,818

47,956

29,869

29,122

24,683

28,274

39,440

72,358

49,120

Total U.S. Exploration and
Development

30,339

16,512

57,564

39,617

36,584

30,624

35,479

49,380

99,323

64,435

Foreign

Exploration

Acquisition of Unproved Acreage

2,681

2,757

4,918

5,495

2,976

1,516

668

5,438

4,693

947

Geological and Geophysical

1,323

1,083

1,048

1,203

1,080

975

1,056

1,047

1,299

1,278

Drilling and Equipping¹

3,291

1,933

2,185

3,132

2,424

2,526

2,767

2,908

3,484

3,848

Other

1,613

1,106

1,302

1,341

994

1,069

958

1,328

1,320

1,424

Total Exploration

8,909

6,879

9,455

11,171

7,474

6,085

5,449

10,721

10,796

7,497

Development

Acquisition of Proved Acreage

8,844

2,550

13,951

14,259

9,890

3,446

512

11,384

16,446

471

Lease Equipment

3,111

2,622

2,207

3,728

2,919

5,293

5,112

6,075

6,158

5,821

Drilling and Equipping¹

7,708

6,296

6,059

8,261

9,246

11,027

12,344

14,299

16,610

14,112

Other²

4,208

3,099

2,832

4,639

6,549

5,912

4,303

7,614

10,756

14,797

Total Development

23,871

14,568

25,050

30,887

28,604

25,678

22,271

39,373

49,970

35,201

Total Foreign Exploration and
Development

32,779

21,447

34,505

42,058

36,078

31,763

27,719

50,093

60,766

42,698