Table 4. Petroleum Exploration and Development Expenditures of Major U.S. Energy Companies, by Region, 1986-1997, Selected Years

(million dollars)

1986 1989 1994 1995 1996 1997
U.S. Exploration and Development Expenditures  
   Onshore 12,496 8,973 7,815 7,695 7,913 13,201
   Offshore 4,906 6,016 4,773 4,739 6,719 8,827
       Total 17,402 14,989 12,588 12,434 14,632 22,028
Foreign Exploration and Development Expenditures  
   Canada 1,125 6,266 1,835 1,899 1,565 1,998
   OECD Europe 3,168 3,539 4,439 5,204 5,567 7,052
   FSU and Eastern Europe - - 297 359 461 628
   Africa 1,064 1,024 1,392 2,043 2,793 2,978
   Middle East 340 406 445 361 463 643
   Other Eastern Hemisphere 1,186 2,284 2,758 2,430 4,132 2,984
   Other Western Hemisphere 642 609 743 875 1,637 1,648
       Total 7,526 14,128 11,909 13,171 16,618 17,931
Sources: 1986: Energy Information Administration, Performance Profiles of Major Energy Producers 1986, (DOE/EIA-0206(86) (Washington, DC, January 1988), Table B28.
1989: Energy Information Administration, Performance Profiles of Major Energy Producers 1989, (DOE/EIA-0206(89) (Washington, DC, January 1988), Table 55.
1994-1997: Energy Information Administration, Performance Profiles of Major Energy Producers 1997 (pdf format), DOE/EIA-0206(97) (Washington, DC, January 1999), Table B16.

Last Updated on 4/16/2001
By Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration (Financial Reporting System)
Email: larry.spancake@eia.doe.gov