Category

Natural Gas

Crude Oil

Slow
Technological
 Progress

Reference

Rapid
Technological
 Progress

Slow
Technological
 Progress

Reference

Rapid
Technological
Progress

Costs

  Drilling

• Onshore

0.86

1.29

1.72

0.86

1.29

1.72

• Offshore

1.35

2.02

2.69

1.35

2.02

2.69

• Alaska

0.67

1.00

1.33

0.67

1.00

1.33

  Lease Equipment

• Onshore

0.40

0.59

0.78

0.40

0.59

0.78

• Offshore

0.94

1.40

1.86

0.94

1.40

1.86

• Alaska

0.67

1.00

1.33

0.67

1.00

1.33

  Operating

• Onshore

0.36

0.54

0.72

0.36

0.54

0.72

• Offshore

0.40

0.60

0.80

0.40

0.60

0.80

• Alaska

0.67

1.00

1.33

0.67

1.00

1.33

  Finding Rates

  New Field Wildcats

      Onshore

• Shallow

                 Northeast

0.34

0.50

0.67

0.34

0.50

0.67

                 Gulf Coast

1.34

2.00

2.66

1.34

2.00

2.66

                 Mid Continent

2.01

3.00

3.99

1.34

2.00

2.66

                 Southwest

2.01

3.00

3.99

2.68

4.00

5.32

                 Rocky Mountain

1.34

2.00

2.66

1.34

2.00

2.66

                 West Coast

0.67

1.00

1.33

0.67

1.00

1.33

• Deep

                 Northeast

—

—

—

—

—

—

                 Gulf Coast

0.67

1.00

1.33

—

—

—

                 MidContinent

0.67

1.00

1.33

—

—

—

                 Southwest

4.02

6.00

7.98

—

—

—

                 Rocky Mountain

0.67

1.00

1.33

—

—

—

                West Coast

—

—

—

—

—

—

       Offshore

4.02

6.00

7.98

1.34

2.00

2.66

  Other Exploratory

       Onshore

• Shallow

0.00

0.00

0.00

1.93

2.88

3.83

• Deep

3.16

4.72

6.28

—

—

—

       Offshore

2.77

4.14

5.51

2.77

4.14

5.51

  Developmental

       Onshore

• Shallow

0.18

0.27

0.36

1.68

2.50

3.33

• Deep

1.08

1.61

2.14

—

—

—

       Offshore

2.77

4.14

5.51

2.77

4.14

5.51

Success Rate

• Exploratory

0.34

0.50

0.67

0.34

0.50

0.67

• Developmental

0.00

0.00

0.00

0.00

0.00

0.00