Table C10.
Components of U.S. and Foreign Exploration and Development
Expenditures for FRS Companies, 2007 (Million Dollars) |
|||||
Worldwide | United States | Foreign | |||
Total | Onshore | Offshore | |||
Exploration and Development Expenditures | |||||
Exploration Expenditures | |||||
Unproved Acreage | 8,527 | 7,580 | 6,973 | 607 | 947 |
Drilling and Equipping: | |||||
Completed Well Costs | NA | 4,061 | 2,259 | 1,802 | NA |
Work-in-progress Adjustment | NA | 1,056 | 400 | 656 | NA |
Total Drilling and Equipping | 8,965 | 5,117 | 2,659 | 2,458 | 3,848 |
Geological and Geophysical | 2,633 | 1,355 | 691 | 664 | 1,278 |
Other, Including Direct Overhead | 2,687 | 1,263 | 432 | 831 | 1,424 |
Total Exploration Expenditures | 22,812 | 15,315 | 10,755 | 4,560 | 7,497 |
Development Expenditures | |||||
Proved Acreage (Including Mergers and Acquisitions) | 8,428 | 7,957 | 7,598 | 359 | 471 |
Drilling and Equipping: | |||||
Completed Well Costs | NA | 25,616 | 22,312 | 3,304 | NA |
Work-in-progress Adjustment | NA | 4,288 | 2,639 | 1,649 | NA |
Total Drilling and Equipping | 44,016 | 29,904 | 24,951 | 4,953 | 14,112 |
Lease Equipment | 11,211 | 5,390 | 2,998 | 2,392 | 5,821 |
Other Development | |||||
Support Equipment | 1,471 | 832 | 614 | 218 | 639 |
Other, Including Direct Overhead | 19,195 | 5,037 | 3,424 | 1,613 | 14,158 |
Total Development Expenditures | 84,321 | 49,120 | 39,585 | 9,535 | 35,201 |
Total Exploration and Development Expenditures | 107,133 | 64,435 | 50,340 | 14,095 | 42,698 |
NA = Not available. | |||||
Source: Energy Information Administration, Form EIA-28 (Financial Reporting System). |