February 2002
Supplement

02-02_Outlook_EandP_T4.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 International (outside North America) E&P expenditures, $ millions*  
  Company 2002 2001  
  Agip (Eni) S.p.A 4,327 $3,810  
  Alberta Energy Co. Ltd. 250 325  
  Amerada Hess Corp. 1,180 1,185  
  Anadarko Petroleum Corp. 330 400  
  Apache Corp. 240 280  
  Benton Oil & Gas Co. 34 34  
  BG Plc 913 1,037  
  BHP Petroleum 588 332  
  BP 4,000 4,100  
  Braspetro 500 500  
  Burlington Resources 400 318  
  Cairn Energy Plc 67 205  
  Canadian Natural Resources Ltd. 194 152  
  Castle Energy Corp. 1 2  
  Centurion Energy International Inc. 15 25  
  CEPSA 131 195  
  ChevronTexaco 4,100 4,100  
  CMS NOMECO Oil and Gas Co. 56 83  
  Conoco 1,522 1,016  
  Continental Energy Corp. 3 1  
  Devon Energy Corp. 85 195  
  Drucker Inc. 3 3  
  EEX Corp. 10  
  Empire Energy Corp. 0 0  
  Enterprise Oil plc 1,230 1,055  
  EOG Resources Inc. 65 70  
  Equity Oil Co. 0 0  
  Evergreen Resources Inc. 10 10  
  ExxonMobil 5,900 5,200  
  Forest Oil Corp. 15 28  
  Fortum Oil & Gas Oy 140 100  
  FX Energy Inc. 11 5  
  Greka Energy Corp 5 5  
  Harken Energy Corp. 2 10  
  Husky Energy Inc. 65 65  
  Kerr-McGee Corp. 550 890  
  Lukoil 1,500 1,400  
  Mission Resources 4  
  MOL 55 49  
  Murphy Oil Corp. 160 100  
  New Horizon Exploration Inc. 8 8  
  Newfield Exploration Co. 25 25  
  Nexen Inc. 220 218  
  Niko Resources 45 15  
  Noble Affiliates Inc. 312 347  
  Norsk Hydro ASA 1,261 1,134  
  Nuevo Energy Inc. 10 21  
  Occidental Petroleum Corp. 520 477  
  Ocean Energy Inc. 260 220  
  OMV AG 252 182  
  PanCanadian Petroleum Ltd. 45 60  
  PDVSA 4,500 4,995  
  Perez Companc 450 600  
  Petrobank Energy and Resources 1  
  Petro-Canada 20 20  
  Petroleo Brasiliero S.A.(Petrobras) 4,336 3,053  
  Petroleos Mexicanos (Pemex) 5,000 4,953  
  Petronas 3,388 2,135  
  Petrotrin Corp. (Petroleum Co. of Trinidad & Tobago) 310 304  
  Phillips Petroleum Co. 1,530 1,036  
  Pioneer Natural Resources Co. 160 125  
  Pogo Producing Co. 70 78  
  Prairie Pacific Energy Corp. 1  
  Premier Oil plc 109 116  
  Ramco Energy Plc 120 40  
  Repsol S.A. 1,521 1,619  
  Rio Alto Exploration Ltd. 25 25  
  Royal Dutch/Shell 5,400 4,150  
  Santos Ltd. 373 466  
  Seven Seas Petroleum Ltd. 40 32  
  Sibneft 672 524  
  Statoil 1,700 1,500  
  Surgutneftegaz 1,203 1,203  
  Swift Energy Co. 15 43  
  Talisman Energy Inc. 828 661  
  Tipperary Corp. 11 7  
  Tom Brown Inc. 20 30  
  TotalFinaElf 5,315 5,315  
  Tracer Petroleum Corp. 20  
  Ultra Petroleum Corp. 15 12  
  Unocal Corp. 790 660  
  USX-Marathon Group 270 270  
  Vaalco Energy Inc. 9 5  
  Veba Oil & Gas 374 375  
  Vermillion Resources Ltd. 21 27  
  Vintage Petroleum Inc. 102 95  
  Woodside Petroleum Ltd. 792 629  
  Yukos 1,200 800  

  Total $72,315 $65,907  
  % Change 9.70%    
  *Salomon Smith Barney estimate: – is no spending, 0 is some spending, but less than $0.5 million.  
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