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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)

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T-15. Oil and Natural Gas Exploration and Development Expenditures

(Million 2009 Dollars)

  2003 2004 2005 2006 2007 2008 2009
United States
Exploration
Acquisition of Unproved Acreage
1,618 2,917 4,116 19,574 7,823 25,133 5,964
Geological and Geophysical
768 973 1,080 1,236 1,398 1,524 1,120
Drilling and Equipping1
2,941 2,579 3,964 5,894 5,281 6,813 6,598
Other
819 987 1,119 1,172 1,303 1,530 1,418
Total Exploration
6,146 7,456 10,279 27,876 15,805 35,000 15,100
Development
Acquisition of Proved Acreage
7,049 8,593 14,792 38,382 8,212 12,934 4,038
Drilling and Equipping1
12,326 14,579 19,694 27,368 30,862 38,870 25,781
Other2
6,354 6,292 6,564 9,412 12,145 12,341 8,467
Total Development
25,729 29,464 41,051 75,162 51,218 64,145 38,286
Total U.S. Exploration and
Development
31,874 36,920 51,329 103,038 67,024 99,145 53,386
Foreign
Exploration
Acquisition of Unproved Acreage
1,568 691 5,623 4,851 977 1,777 819
Geological and Geophysical
1,009 1,093 1,083 1,343 1,319 1,649 1,045
Drilling and Equipping1
2,613 2,864 3,007 3,602 3,971 4,522 4,806
Other
1,105 991 1,373 1,364 1,470 1,523 2,417
Total Exploration
6,295 5,639 11,086 11,160 7,737 9,471 9,087
Development
Acquisition of Proved Acreage
3,565 530 11,773 17,001 486 707 1,048
Drilling and Equipping1
11,408 12,774 14,787 17,171 14,564 16,502 16,403
Other2
11,592 9,743 14,156 17,485 21,278 24,129 21,117
Total Development
26,564 23,046 40,715 51,657 36,328 41,338 38,568
Total Foreign Exploration and
Development
32,859 28,685 51,802 62,817 44,065 50,809 47,655
1 Expenditure incurred in a given year not cumulative (includes work-in-progress adjustment).
2 Includes support equipment.
Source: Energy Information Administration, Form EIA-28 (Financial Reporting System).