February 2003
Supplement

03-02_Outlook_EandP_T3.htm (Feb-2003)

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

 

  2002-2003 US expenditures by independents, $millions*  
  Company 2003 2002  
  3 Tec Energy $63 $58  
  ABARTA Oil & Gas 9 7  
  Adams Resources 3 3  
  Adexco Operating Co. 1 0  
  Advantage Royalty Trust 35 40  
  AEDC (USA) Inc. 1 25  
  Agip (ENI) S.p.A. 300 287  
  American Shoreline Inc. 10 10  
  Anadarko Petroleum Corp. 1,375 1,357  
  Apache Corp. 555 355  
  AROC Inc. 12 13  
  Aspen Exploration Corp. 5 5  
  Aspen Group Resources 3 3  
  Aspen Integrated Oil & Gas 1 1  
  Barrow-Shaver Resources Co. 5 4  
  Belden & Blake Corp. 42 40  
  Berry Petroleum Co. 26 32  
  Beta Oil & Gas Co. 3 5  
  BHP Petroleum 290 270  
  Black Hills Exploration and Production 35 28  
  BreitBurn Energy 31 18  
  BRG Petroleum Corp.  10 9  
  Brigham Exploration Co.  26 23  
  Burlington Resources 390 295  
  Cabot Oil & Gas Co. 145 120  
  Callon Petroleum Co. 55 65  
  Calpine Natural Gas Co.  70 52  
  Carbon Energy 12 12  
  Carrizo Oil & Gas Co. 19 18  
  Century Offshore Management Corp. 38 30  
  CGAS Inc. 10 8  
  Chaparral Energy Inc. 16 14  
  Cheniere Energy, Inc. 56 44  
  Chesapeake Energy Corp.  390 360  
  Chief Petroleum Co.  1 0  
  Cimarex Energy Co.  145 113  
  Clayton Williams Energy Inc.  52 39  
  Comstock Resources 100 75  
  Contango Oil & Gas 25 10  
  Cummings Oil Co.  3 2  
  Daniel Explorations 1 1  
  Daugherty Resources, Inc.  3 2  
  Denbury Resources 130 115  
  Devon Energy Corp.  890 915  
  Dewbre Petroleum Corp. 11 4  
  Dominion Exploration & Production, Inc. 911 1,063  
  Edge Petroleum Corp.  15 20  
  El Paso Energy Corp.  900 1,760  
  EnCana Corp.  443 443  
  Energen Corp.  85 95  
  Energy Partners 87 64  
  EOG Resources 656 593  
  Equitable Resources 100 88  
  Equity Oil Co. 7 6  
  Evergreen Resources Inc. 105 106  
  EXCO Resources Inc. 11 14  
  Forest Oil Corp. 280 280  
  Gasco Energy 15 15  
  GMX Resources 7       --  
  Goodrich Petroleum 15 15  
  Great Northern Gas Co.  1 1  
  Hallador Petroleum Co.  4 4  
  Harken Energy Corp. 1 1  
  Houston Exploration Co.  266 150  
  Inland Resources 18 15  
  Ivanhoe Energy 20 20  
  J. M. Huber 105 125  
  J.P. Oil Co. Inc. 3 3  
  KCS Energy Inc. 60 45  
  Kerr-McGee Corp.  870 770  
  Lario Oil & Gas Co.  3 5  
  Magnum Hunter Resources Inc. 100 118  
  Mariner Energy Inc. 118 112  
  McMoRan Exploration Co. 13 20  
  MCN Oil & Gas Co.  30 30  
  Meridian Resources Corp.  43 67  
  Merit Energy Co.  66 45  
  Merrion Oil & Gas Corp.  7 6  
  Milagro Energy Inc. 10 7  
  Miller Exploration  4 4  
  Mission Resources 31 23  
  Murphy Oil Corp.  287 247  
  National Energy Group 30 22  
  Newfield Exploration Co.  440 305  
  Nexen Inc.  207 415  
  Noble Energy 300 310  
  Norsk Hydro ASA 37 67  
  North Coast Energy Inc.  17 17  
  Nuevo Energy Co.  90 68  
  Ocean Energy Inc.   585 490  
  ONEOK Inc. 10 35  
  Osprey Energy Ltd. 5 3  
  Panhandle Royalty Co. 9 7  
  Parallel Petroleum Corp.  8 8  
  Paramount Resources Ltd.  13  
  Patina Oil & Gas Corp.  135 90  
  Penn Virginia Corp.  65 60  
  PetroCorp Inc. 11 13  
  Petroleo Brasiliero S.A. (Petrobras) 47 33  
  PetroQuest Energy, Inc. 60 60  
  Pioneer Natural Resources Co. 260 260  
  Pogo Producing Co.  300 285  
  Prima Energy Corp.  25 25  
  PYR Energy Corp. 20 7  
  Questar Corp.  126 132  
  Quicksilver Resources Inc. 69 36  
  Range Resources Corp.  100 91  
  Remington Oil and Gas Corp.  115 94  
  Repsol S.A. 20 11  
  Rosewood Resources 12 19  
  Seneca Resources Corp.  44 66  
  Southwestern Energy Co.  85 81  
  Spinnaker Exploration Co.  270 325  
  St. Mary Land & Exploration Co.  120 104  
  Stone Energy Corp. 230 219  
  Suncor Energy Inc. -- 6  
  Swift Energy Co.  110 78  
  Talisman Energy Inc. 34 13  
  Tipperary Corp.  7 2  
  Tom Brown Inc. 155 133  
  Trek Resources 1 1  
  Ultra Petroleum Corp.  50 50  
  Unit Corp.  65 50  
  United States Exploration Inc. 4 10  
  Unocal Corp.  583 680  
  Upton Resources -- 6  
  Vaalco Energy Inc.  1 1  
  Vintage Petroleum Inc. 74 40  
  Ward Petroleum Corp.  8 10  
  WBI Holdings, Inc. 123 106  
  Western Gas Resources 77 66  
  Westport Resources 230 170  
  Whiting Petroleum Corp.  20 23  
  Williams Production Co. 210 354  
  Woodside Petroleum Ltd.  35 38  
  XTO Energy 400 375  
  Zargon Oil & Gas 1 1  

  Total $17,132 $17,244  
  % Change  – 0.6%    
  *Salomon Smith Barney estimate: – is no spending, 0 is some spending; but less than $0.5 million  
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.