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U.S. Nominal Cost per Foot of Crude Oil 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 | 13.22 | 13.11 | 13.41 | 13.20 | 13.12 | 13.94 | 15.04 | 16.61 | 18.63 | 19.28 |
1970's | 19.29 | 18.41 | 20.77 | 22.54 | 27.82 | 34.17 | 37.35 | 41.16 | 49.72 | 58.29 |
1980's | 66.36 | 80.40 | 86.34 | 72.65 | 66.32 | 66.78 | 68.35 | 58.35 | 62.28 | 64.92 |
1990's | 69.17 | 73.75 | 69.50 | 67.52 | 70.57 | 78.09 | 70.60 | 90.48 | 108.88 | 156.45 |
2000's | 125.96 | 153.72 | 194.55 | 221.13 | 298.45 | 314.36 | 402.45 | 717.13 |
- = 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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