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U.S. Nominal Cost per Crude Oil Well Drilled (Thousand Dollars per Well) | |||||
Decade | Year-0 | Year-1 | Year-2 | Year-3 | Year-4 | Year-5 | Year-6 | Year-7 | Year-8 | Year-9 |
---|---|---|---|---|---|---|---|---|---|---|
1960's | 52.2 | 51.3 | 54.2 | 51.8 | 50.6 | 56.6 | 62.2 | 66.6 | 79.1 | 86.5 |
1970's | 86.7 | 78.4 | 93.5 | 103.8 | 110.2 | 138.6 | 151.1 | 170.0 | 208.0 | 243.1 |
1980's | 272.1 | 336.3 | 347.4 | 283.8 | 262.1 | 270.4 | 284.9 | 246.0 | 279.4 | 282.3 |
1990's | 321.8 | 346.9 | 362.3 | 356.6 | 409.5 | 415.8 | 341.0 | 445.6 | 566.0 | 783.0 |
2000's | 593.4 | 729.1 | 882.8 | 1,037.3 | 1,441.8 | 1,920.4 | 2,238.6 | 4,000.4 |
- = 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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