01-02_ep-kieburtz_T2.htm (Feb-2001)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

2000 – 2001 U.S. E&P expenditures by independents, $ millions*
Company	2001	2000	Company	2001	2000
3Tec Energy	$30	$23	HS Resources Inc.	140	118
Abraxas Petroleum Corp.	19	37	Inland Resources	16	14
Adams Resources	5	5	J.M. Huber	56	44
Agip (ENI) S.p.A.	188	220	J.P. Oil Company Inc.	1	1
Alberta Energy Co. Ltd.	180	45	KCS Energy Inc.	60	50
Anadarko Petroleum Corp.	1,500	1,000	Kerr-McGee Corp.	450	350
Apache Corp.	475	425	Kestrel Energy, Inc.	3	2
AROC Inc.	11	11	Key Production Co.	70	61
Aspen Exploration Corp.	7	5	Lario Oil & Gas Co.	6	6
Aspen Integrated Oil & Gas	1	0	Louis Dreyfus Natural Natural Gas Corp.	290	230
Barrett Resources Corp.	217	220	Magnum Hunter Resources Inc.	65	65
Basin Exploration	100	100	Mallon Resources Corp.	35	23
Belco Oil & Gas Corp.	75	90	Mariner Energy Inc.	160	100
Belden & Blake Corp.	33	25	Maynard Oil Co.	7	5
Bellwether Exploration Co.	35	65	McMoran Exploration Co.	114	83
Berkley Petroleum Corp.	15	15	MCN Energy Group Inc.	30	30
Berry Petroleum Corp.	24	27	Meridian Resources Corp.	98	85
Beta Oil & Gas Co.	9	6	Merit Energy Co.	37	32
BHP Petroleum	185	159	Merrion Oil & Gas Corp.	3	2
Black Hills Exploration and Production	37	28	Michael Petroleum Corp.	40	15
BreitBurn Energy	20	11	Miller Exploration	14	7
BRG Petroleum Corp.	8	7	Mitchell Energy & Development Corp.	346	209
Brigham Exploration Co.	30	29	Murphy Oil Corp.	204	205
Burlington Resources	450	461	New Horizon Exploration Inc.	1	1
Cabot Oil & Gas Corp.	167	122	Newfield Exploration Co.	250	196
Callon Petroleum Co.	90	85	Noble Affiliates, Inc.	375	266
Camberly Energy Ltd.	1	0	North Coast Energy Inc.	2	2
Canadian Natural Resources Ltd.	10	15	Nuevo Energy Co.	175	102
Canadian Occidental Petroleum Ltd. (Nexen)	241	148	Ocean Energy Inc.	505	375
Carrizo Oil & Gas Inc.	20	18	ONEOK Inc.	32	33
Castle Energy Corp.	1	7	PANACO Inc.	37	37
Century Offshore Management Corp.	20	21	PanCanadian Petroleum Ltd.	59	24
CGAS Inc.	10	8	Panhandle Royalty Co.	5	4
Chaparral Energy Inc.	18	15	Parallel Petroleum Corp.	5	5
Cheniere Energy, Inc.	30	15	Paramount Resources Ltd.	10	10
Chesapeake Energy Corp.	240	160	Pennaco Energy Inc.	60	57
Chief Petroleum Co.	2	0	PetroCorp Inc.	15	5
Chieftain International Inc.	105	98	Petroglyph Energy Inc.	14	8
Clayton Williams Energy Inc.	65	86	Pioneer Natural Resources Co.	180	150
CMS NOMECO Oil & Gas Co.	84	71	Plains Resources Inc.	120	80
Columbia Natural Resources	85	82	Pogo Producing Co.	230	193
Columbus Energy Corp.	4	4	Pontotoc Production Inc.	2	1
Comstock Resources	100	80	Prairie Pacific Energy Corp.	1	1
Contour Energy Co.	25	21	Prima Energy Corp.	43	34
Cross Timbers Oil Co.	250	140	Prime Energy Corp.	15	12
Cummings Oil Co.	3	2	Prize Energy Corp.	60	45
Daleco Resources Corp.	4	3	Pure Resources	160	100
Daniel Explorations	1	1	Questar Corp.	110	97
Daughtery Resources,Inc.	7	4	Quicksilver Resources Inc.	39	29
Denbury Resources	110	80	Range Resources Corp.	60	50
Devon Energy Corp.	737	628	Remington Oil & Gas Corp.	66	48
Dewbre Petroleum Corp.	19	9	Sage Energy Co.	2	2
Dominion Exploration & Production, Inc.	595	436	Seneca Resources Corp.	105	140
Double Eagle Petroleum & Mining Co.	3	2	Southwestern Energy Co.	75	61
Edge Petroleum Corp.	22	11	Spinnaker Exploration Co.	176	160
EEX Corp.	115	165	St.Mary Land & Exploration Co.	95	68
El Paso Energy Corp.	1,400	1,600	Statoil	70	80
Empire Energy Corp.	3	0	Stewart Petroleum Corp.	2	0
Energen Corp.	75	70	Stone Energy Corp.	161	165
Energy Search Inc.	10	11	Suncor Energy Inc.	5	3
Enterprise Oil plc	200	90	Swift Energy Co.	135	120
EOG Resources Inc.	445	363	Synergy Oil & Gas	10	7
Equity Oil Co.	8	4	Texoil	12	9
Evergreen Resources Inc.	78	62	The Exploration Co. of Delaware Inc.	14	11
EXCO Resources Inc.	16	3	Tom Brown Inc.	150	107
Fidelity Exploration & Production co.	104	118	TransTexas Gas Corp.	76	65
Forest Oil Corp.	325	272	Ultra Petroleum Corp.	35	31
Fortune Natural Resources Corp.	3	2	Unit Corp.	65	50
GeoResources Inc.	1	1	United States Exploration Inc.	4	4
Goodrich Petroleum	19	15	Unocal Corp.	716	586
Great Northern Gas Co.	1	1	Upton Resources	6	4
Hallador Petroleum Co.	5	4	Vaalco Energy Inc.	2	1
Hallwood Energy Corp.	20	16	Vintage Petroleum Inc.	116	63
Harken Energy Corp.	15	21	Westport Resources	88	70
Helmerich & Payne	94	75	Whiting Petroleum Corp.	16	16
Houston Exploration Co.	150	175	Williams Companies	75	67
Howell Corp.	25	22	Woodside Petroleum Ltd.	40	–

			Total	$16,926	$14,064
			% Change	20.4%
*Salomon Smith Barney estimate: – is no spending; 0 is some spending, but less than $0.5 million.

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