| Table C14. Oil and
Natural Gas Exploration and Development Expenditures, Reserves, and
Production by Region for FRS Companies and Total Industry, 2007 and Percent Change from 2006 (Continued) |
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| Foreign | |||||||
| Total | Canada | Europe & Former Soviet Union 4 |
Africa | Middle East |
Other Eastern Hemisphere |
Other Western Hemisphere |
|
| Exploration and
Development Expenditures |
(million 2007 dollars) | ||||||
| FRS Companies | 42,698.0 | 5,791.0 | 11,040.0 | 12,518.0 | 3,158.0 | 6,823.0 | 3,368.0 |
| Percent Change | -29.7 | -66.7 | -5.8 | -5.2 | -2.2 | 0.1 | -59.9 |
| Wells Completed | |||||||
| FRS Companies | 4,239.8 | 2,440.6 | 99.9 | 348.1 | 155.3 | 686.4 | 509.5 |
| Percent Change | -29.6 | -44.3 | -35.0 | 2.4 | 58.6 | 13.1 | 15.0 |
| Industry | 45,551.0 | 17,953.0 | 724.0 | 1,568.0 | 1,516.0 | 19,001.0 | 4,789.0 |
| Percent Change | -23.9 | -30.4 | -89.4 | 5.7 | -13.3 | -1.4 | -0.4 |
| Success Rate1 | (percent) | ||||||
| FRS Companies | 95.9 | 96.7 | 82.2 | 88.3 | 96.7 | 96.9 | 98.4 |
| Industry | 94.4 | 97.4 | 87.0 | 91.4 | 98.3 | 91.8 | 94.7 |
| Crude Oil and NGL Production2 | (million barrels) | ||||||
| FRS Companies | 1,699.4 | 151.4 | 528.1 | 563.7 | 147.6 | 242.7 | 66.0 |
| Percent Change | -6.8 | -7.8 | 0.3 | -5.2 | -24.1 | -6.2 | -21.6 |
| Industry | 27,249.0 | 1,208.0 | 6,509.0 | 3,766.0 | 9,189.0 | 2,886.0 | 3,690.0 |
| Percent Change | -0.3 | 5.1 | 1.5 | 3.3 | -1.6 | -0.4 | -4.3 |
| Crude Oil and NGL Reserve Interests3 | (million barrels) | ||||||
| FRS Companies | 22,043.0 | 1,779.7 | 8,801.0 | 5,041.1 | 3,135.1 | W | W |
| Percent Change | -10.1 | -0.4 | -3.3 | -8.8 | -3.7 | -10.0 | -46.9 |
| Natural Gas Production | (billion cubic feet) | ||||||
| FRS Companies | 6,941.7 | 1,250.8 | 1,710.7 | 473.4 | 308.6 | 1,924.6 | 1,273.7 |
| Percent Change | -1.1 | -14.0 | -12.5 | 21.6 | 61.9 | 4.7 | 6.7 |
| Industry | 84,571.0 | 6,497.0 | 37,997.0 | 6,716.0 | 12,556.0 | 13,834.0 | 6,972.0 |
| Percent Change | 2.4 | -1.6 | 0.3 | 5.5 | 5.9 | 3.9 | 5.1 |
| Natural Gas Reserve Interests | (billion cubic feet) | ||||||
| FRS Companies | 127,302.3 | 10,593.4 | 33,342.2 | 10,657.4 | 29,759.4 | W | W |
| Percent Change | -2.7 | -8.0 | -4.1 | -3.4 | 4.1 | -1.1 | -8.7 |
| 1Success Rate defined as the total number of successful
well completions during the period divided by the total number of wells
drilled. 2Crude oil plus natural gas liquids. Foreign includes ownership interest production and foreign access production. 3Foreign includes net ownership interest reserves (66.6 percent of total foreign) and "Other Access" reserves (33.4 percent of total foreign). "Other Access" reserves include proportional interest in investee reserves and foreign access reserves. 4Europe combined with the former Soviet Union to avoid disclosure. |
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| - = Not available. | |||||||
| Sources: Reserve additions and production, U.S. - Energy Information Administration Form EIA-23 (Annual Survey of Domestic Oil and Gas Reserves); see U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves, 2006, and 2007 Annual Reports. Reserve Additions, Foreign - British Petroleum Statistical Review of World Energy 2008. Wells Completed, U.S. - Energy Information Administration, Monthly Energy Review, October 2008, table 5.2; Foreign - World Oil, September 2007 and September 2008. | |||||||
| FRS companies' data - Energy Information Administration, Form EIA-28 (Financial Reporting System). | |||||||