|
|
2001
– 2002 U.S. E&P expenditures by independents,
$ millions* |
|
| |
Company |
2002 |
2001 |
|
| |
3Tec Energy |
$47 |
$63 |
|
| |
Abraxas Petroleum Corp. |
4 |
20 |
|
| |
Adams Resources |
3 |
3 |
|
| |
Agip (Eni) S.p.A. |
292 |
333 |
|
| |
Alberta Energy Co. Ltd. |
100 |
136 |
|
| |
American Resource Inc. |
1 |
1 |
|
| |
Anadarko Petroleum Corp. |
1,370 |
1,750 |
|
| |
Apache Corp. |
200 |
680 |
|
| |
AROC Inc. |
6 |
8 |
|
| |
Aspen Exploration Corp. |
5 |
5 |
|
| |
Aspen Group Resources |
2 |
3 |
|
| |
Aspen Integrated Oil & Gas |
1 |
1 |
|
| |
ATP Oil & Gas |
64 |
85 |
|
| |
Barnwell of Canada |
— |
0 |
|
| |
Belden & Blake Corp. |
39 |
35 |
|
| |
Berry Petroleum Corp. |
20 |
19 |
|
| |
Beta Oil & Gas Co. |
6 |
15 |
|
| |
BHP Petroleum |
218 |
123 |
|
| |
Black Hills Exploration and
Production |
27 |
23 |
|
| |
BreitBurn Energy |
17 |
23 |
|
| |
BRG Petroleum Corp. |
9 |
8 |
|
| |
Brigham Exploration Co. |
24 |
36 |
|
| |
Burlington Resources |
300 |
559 |
|
| |
Cabot Oil & Gas Corp. |
131 |
200 |
|
| |
Callon Petroleum Co. |
60 |
110 |
|
| |
Calpine Natural Gas Co. |
135 |
84 |
|
| |
Camberly Energy Ltd. |
2 |
1 |
|
| |
Canaan Energy Corp. |
9 |
15 |
|
| |
Canadian Natural Resources Ltd. |
— |
11 |
|
| |
Carrizo Oil & Gas Inc. |
21 |
21 |
|
| |
Castle Energy Corp. |
2 |
3 |
|
| |
Century Offshore Management Corp. |
35 |
42 |
|
| |
CGAS Inc. |
12 |
11 |
|
| |
Chaparral Energy Inc. |
19 |
19 |
|
| |
Cheniere Energy, Inc. |
44 |
35 |
|
| |
Chesapeake Energy Corp. |
275 |
330 |
|
| |
Chief Petroleum Co. |
2 |
0 |
|
| |
Clayton Williams Energy Inc. |
60 |
122 |
|
| |
CMS NOMECO Oil & Gas Co. |
92 |
114 |
|
| |
Columbia Natural Resources |
100 |
119 |
|
| |
Comstock Resources |
100 |
95 |
|
| |
Contango Oil & Gas |
15 |
20 |
|
| |
Contour Energy Co. |
26 |
35 |
|
| |
Cummings Oil Co. |
2 |
2 |
|
| |
Daniel Explorations |
1 |
1 |
|
| |
Daughtery Resources,Inc. |
5 |
4 |
|
| |
Denbury Resources |
95 |
178 |
|
| |
Devon Energy Corp. |
725 |
1,065 |
|
| |
Dewbre Petroleum Corp. |
8 |
10 |
|
| |
Diaz Resources |
0 |
1 |
|
| |
Dominion Exploration &
Production, Inc. |
1,002 |
958 |
|
| |
Double Eagle Petroleum & Mining
Co. |
7 |
3 |
|
| |
Edge Petroleum Corp. |
18 |
22 |
|
| |
EEX Corp. |
70 |
160 |
|
| |
Empire Energy Corp. |
10 |
2 |
|
| |
Energen Corp. |
110 |
117 |
|
| |
Energy Partners |
58 |
102 |
|
| |
Enterprise Oil plc |
120 |
225 |
|
| |
EOG Resources Inc. |
670 |
700 |
|
| |
Equity Oil Co. |
3 |
7 |
|
| |
Esenjay Exploration Inc. |
30 |
40 |
|
| |
Evergreen Resources Inc. |
49 |
65 |
|
| |
EXCO Resources Inc. |
13 |
17 |
|
| |
Fieldpoint Petroleum |
1 |
1 |
|
| |
Forest Oil Corp. |
252 |
451 |
|
| |
Fortune Natural Resources Corp. |
2 |
1 |
|
| |
FX Energy Inc. |
1 |
1 |
|
| |
Gasco Energy |
25 |
10 |
|
| |
GeoResources Inc. |
1 |
1 |
|
| |
GMX Resources |
20 |
20 |
|
| |
Goodrich Petroleum |
18 |
30 |
|
| |
Great Northern Gas Co. |
1 |
1 |
|
| |
Greka Energy Corp. |
11 |
17 |
|
| |
Gulfport Energy Corp. |
10 |
10 |
|
| |
Hallador Petroleum Co. |
4 |
5 |
|
| |
Harken Energy Corp. |
— |
15 |
|
| |
Helmerich & Payne |
57 |
108 |
|
| |
Houston Exploration Co. |
270 |
311 |
|
| |
Howell Corp. |
21 |
28 |
|
| |
Inland Resources |
15 |
17 |
|
| |
J.M. Huber |
100 |
105 |
|
| |
J.P. Oil Company Inc. |
3 |
3 |
|
| |
KCS Energy Inc. |
60 |
60 |
|
| |
Kerr-McGee Corp. |
550 |
665 |
|
| |
Kestrel Energy, Inc. |
2 |
3 |
|
| |
Key Production Co. |
60 |
72 |
|
| |
Lario Oil & Gas Co. |
4 |
6 |
|
| |
Magnum Hunter Resources Inc. |
75 |
155 |
|
| |
Mariner Energy Inc. |
120 |
95 |
|
| |
Markwest Hydrocarbon |
5 |
7 |
|
| |
Maynard Oil Co. |
15 |
12 |
|
| |
McMoRan Exploration Co. |
120 |
120 |
|
| |
MCN Oil & Gas Co. |
30 |
30 |
|
| |
Meridian Resources Corp. |
66 |
113 |
|
| |
Merit Energy Co. |
35 |
65 |
|
| |
Merrion Oil & Gas Corp. |
5 |
4 |
|
| |
Michael Petroleum Corp. |
45 |
40 |
|
| |
M.E. |
5 |
10 |
|
| |
Mission Resources |
34 |
45 |
|
| |
Murphy Oil Corp. |
245 |
240 |
|
| |
National Energy Group |
22 |
29 |
|
| |
New Horizon Exploration Inc. |
1 |
1 |
|
| |
Newfield Exploration Co. |
285 |
445 |
|
| |
Nexen Inc. |
240 |
211 |
|
| |
Noble Affiliates, Inc. |
266 |
380 |
|
| |
Norsk Hydro ASA |
36 |
66 |
|
| |
North Coast Energy Inc. |
18 |
9 |
|
| |
Nowstar Star |
1 |
1 |
|
| |
Nuevo Energy Co. |
83 |
116 |
|
| |
Ocean Energy Inc. |
390 |
620 |
|
| |
ONEOK Inc. |
35 |
51 |
|
| |
PANACO Inc. |
25 |
45 |
|
| |
PanCanadian Petroleum Ltd. |
70 |
85 |
|
| |
Panhandle Royalty Co. |
6 |
10 |
|
| |
Parallel Petroleum Corp. |
4 |
12 |
|
| |
Paramount Resources Ltd. |
6 |
10 |
|
| |
Patina Oil & Gas Corp. |
103 |
87 |
|
| |
Penn Virginia Corp. |
51 |
56 |
|
| |
PetroCorp Inc. |
11 |
15 |
|
| |
Petroglyph Energy Inc. |
9 |
10 |
|
| |
Pioneer Natural Resources Co. |
240 |
300 |
|
| |
Plains Resources Inc. |
75 |
130 |
|
| |
Pogo Producing Co. |
250 |
307 |
|
| |
Prairie Pacific Energy Corp. |
1 |
— |
|
| |
Prima Energy Corp. |
38 |
38 |
|
| |
Prime Energy Corp. |
11 |
15 |
|
| |
Prize Energy Corp. |
45 |
60 |
|
| |
Pure Resources |
225 |
250 |
|
| |
PYR Energy Corp. |
8 |
12 |
|
| |
Questar Corp. |
174 |
226 |
|
| |
Quicksilver Resources Inc. |
50 |
45 |
|
| |
Range Resources Corp. |
95 |
90 |
|
| |
Remington Oil & Gas Corp. |
100 |
125 |
|
| |
Repsol |
17 |
8 |
|
| |
Sage Energy Co. |
2 |
2 |
|
| |
Seneca Resources Corp. |
94 |
154 |
|
| |
Southwestern Energy Co. |
85 |
81 |
|
| |
Spinnaker Exploration Co. |
292 |
275 |
|
| |
St. Mary Land & Exploration Co. |
115 |
122 |
|
| |
Stone Energy Corp. |
220 |
310 |
|
| |
Summit Resources |
2 |
4 |
|
| |
Suncor Energy Inc. |
9 |
5 |
|
| |
Surge Petroleum |
2 |
2 |
|
| |
Swift Energy Co. |
85 |
158 |
|
| |
Talisman Energy Inc. |
10 |
3 |
|
| |
TDC Energy Corp. |
30 |
29 |
|
| |
Tengasco Inc. |
4 |
5 |
|
| |
The Cumming Company |
3 |
2 |
|
| |
The Exploration Co. |
|
|
|
| |
of Delaware Inc. |
17 |
17 |
|
| |
Tipperary Corp. |
3 |
1 |
|
| |
Tom Brown Inc. |
120 |
200 |
|
| |
Ultra Petroleum Corp. |
45 |
47 |
|
| |
Unit Corp. |
49 |
65 |
|
| |
Unocal Corp. |
900 |
920 |
|
| |
Upton Resources |
8 |
6 |
|
| |
Vaalco Energy Inc. |
1 |
2 |
|
| |
Venus Exploration |
3 |
4 |
|
| |
Vintage Petroleum Inc. |
57 |
74 |
|
| |
WBI Holdings, Inc. |
112 |
133 |
|
| |
Western Gas Resources |
88 |
83 |
|
| |
Westport Resources |
200 |
200 |
|
| |
Whiting Petroleum Corp. |
33 |
29 |
|
| |
Williams Production Companies |
400 |
200 |
|
| |
Wilshire Oil Co. of Texas |
1 |
1 |
|
| |
Woodside Petroleum Ltd. |
22 |
31 |
|
| |
XTO Energy |
375 |
375 |
|
| |
|
|
| |
Total |
$15,542 |
$19,199 |
|
| |
% Change |
–19.0% |
|
|
| |
*Salomon Smith Barney
estimate: – is no spending, 0 is some spending, but less than $0.5 million. |
|
