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Performance Profiles of Major Energy Producers 2009

Release Date: February 25, 2011   |  Next Release Date: December 2011   |   Report Number: DOE/EIA-0206(2009)

 

T-16. U.S. and Foreign Exploration and Development Expenditures, 2009

(Million 2009 Dollars)

  Worldwide United States Foreign
Total Onshore Offshore
Exploration and Development Expenditures
Exploration Expenditures
Unproved Acreage
6,783 5,964 5,195 769 819
Drilling and Equipping:
Completed Well Costs
- 4,777 3,195 1,582 -
Work-in-progress Adjustment
- 1,821 452 1,369 -
Total Drilling and Equipping
11,404 6,598 3,647 2,951 4,806
Geological and Geophysical
2,165 1,120 468 652 1,045
Other, Including Direct Overhead
3,835 1,418 820 598 2,417
Total Exploration Expenditures
24,187 15,100 10,130 4,970 9,087
Development Expenditures
Proved Acreage (Including Mergers and Acquisitions)
5,086 4,038 4,003 35 1,048
Drilling and Equipping:
Completed Well Costs
- 22,273 18,188 4,085 -
Work-in-progress Adjustment
- 3,508 2,341 1,167 -
Total Drilling and Equipping
42,184 25,781 20,529 5,252 16,403
Other Development
Support Equipment
1,444 1,136 1,011 125 308
Other, Including Direct Overhead
28,140 7,331 4,096 3,235 20,809
Total Development Expenditures
76,854 38,286 29,639 8,647 38,568
Total Exploration and Development Expenditures
101,041 53,386 39,769 13,617 47,655
- = Not reported.
Source: Energy Information Administration, Form EIA-28 (Financial Reporting System).