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U.S. Nominal Cost per Foot of Crude Oil, Natural Gas, and Dry Wells Drilled (Dollars per Foot) | |||||
Decade | Year-0 | Year-1 | Year-2 | Year-3 | Year-4 | Year-5 | Year-6 | Year-7 | Year-8 | Year-9 |
---|---|---|---|---|---|---|---|---|---|---|
1960's | 13.01 | 12.85 | 13.31 | 12.69 | 12.86 | 13.44 | 14.95 | 15.97 | 16.83 | 17.56 |
1970's | 18.84 | 19.03 | 20.76 | 22.50 | 28.93 | 36.99 | 40.46 | 46.81 | 56.63 | 67.70 |
1980's | 77.02 | 94.30 | 108.73 | 83.34 | 71.90 | 75.35 | 76.88 | 58.71 | 70.23 | 73.55 |
1990's | 76.07 | 82.64 | 70.27 | 75.30 | 79.49 | 87.22 | 88.92 | 107.83 | 128.97 | 152.02 |
2000's | 142.16 | 181.94 | 195.31 | 216.27 | 292.57 | 306.50 | 378.03 | 688.30 |
- = No Data Reported; -- = Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. |
Release Date: 7/31/2024 |
Next Release Date: 8/30/2024 |
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