| Table C14. Oil
and Natural Gas Exploration and Development Expenditures, Reserves, and
Production by Region for FRS Companies and Total Industry, 2007 and Percent Change from 2006 |
||||
| United States | Foreign Total | |||
| Total | Onshore | Offshore | ||
| Exploration and Development Expenditures | (million dollars) | |||
| FRS Companies | 64,435.0 | 50,340.0 | 14,095.0 | 42,698.0 |
| Percent Change | -33.4 | -28.0 | -47.5 | -27.8 |
| Wells Completed | ||||
| FRS Companies | 11,834.4 | 11,639.2 | 195.2 | 4,239.8 |
| Percent Change | -0.3 | 0.1 | -19.0 | -29.6 |
| Industry | 48,501.0 | NA | NA | 45,551.0 |
| Percent Change | -2.0 | NA | NA | -23.9 |
| Success Rate1 | (percent) | |||
| FRS Companies | 97.9 | 98.2 | 81.2 | 95.9 |
| Industry | 90.4 | NA | NA | 94.4 |
| Crude Oil and NGL Production2 | (million barrels) | |||
| FRS Companies | 1,040.2 | 709.2 | 331.0 | 1,699.4 |
| Percent Change | -3.4 | -1.0 | -8.1 | -6.8 |
| Industry | 2,522.0 | 1,925.0 | 597.0 | 27,249.0 |
| Percent Change | 2.4 | 2.4 | 2.4 | -0.3 |
| Crude Oil and NGL Reserve Interests3 | (million barrels) | |||
| FRS Companies | 13,738.8 | 10,557.4 | 3,181.4 | 22,043.0 |
| Percent Change | -2.3 | -1.0 | -6.4 | -10.1 |
| Natural Gas Production | (billion cubic feet) | |||
| FRS Companies | 8,356.3 | 7,092.4 | 1,263.9 | 6,941.7 |
| Percent Change | 5.4 | 10.7 | -16.7 | -1.1 |
| Industry | 19,466.0 | 16,610.0 | 2,856.0 | 84,571.0 |
| Percent Change | 5.0 | 6.1 | -1.4 | 2.4 |
| Natural Gas Reserve Interests | (billion cubic feet) | |||
| FRS Companies | 109,767.8 | 100,791.8 | 8,976.0 | 127,302.3 |
| Percent Change | 8.3 | 10.7 | -12.8 | -2.7 |
| See footnotes at end of table. | ||||