02-02_Outlook_EandP_T2.htm (Feb-2002)

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

2001 – 2002 U.S. expenditures by major oil & gas companies, $ millions*
Company	2002	2001
Amerada Hess	$305	$310
BP	4,300	4,100
ChevronTexaco	1,700	1,900
Conoco	626	690
ExxonMobil	2,400	2,300
Occidental Petroleum Corp.	530	742
Phillips Petroleum Co.	1,000	1,184
Royal Dutch/Shell	1,200	1,200
TotalFinaElf	360	360
USX-Marathon Group	760	710

Total	$13,181	$13,496
% Change	– 2.3%
* Salomon Smith Barney estimate.

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