View History:  Annual  
Download Data (XLS File)
U.S. Nominal Cost per Foot of Crude Oil Wells Drilled  (Dollars per Foot)
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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