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January 1999 estimates - PowerPoint PPT Presentation

Exploration Costs: 1999

Exploration Costs: 1999. Seismic Surveys. Alaska North Slope. Gulf of Mexico. $50,000/mile. 2D 3D 3D Proprietary. $70 - $150/mile $25,000 - $80,000/9mi 2 $250,000 - $400,000/9mi 2. Wildcat Wells. Alaska North Slope. Texas. Gulf of Mexico. Offshore. Onshore. Onshore. Shelf. Slope.

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Costs/Barrel of Oil - At Well Head

$24/BOE. $12/BOE. Exploration Development Operations Tax Basic Costs Margin. $2.60 (11%) $6.00 (25%) $3.00 (12%) $2.40 (10%) $14.00/B (58%) $10.00/B (42%). $1.70 (14%) $5.10 (43%) $2.00 (17%) $1.20 (10%) $10.00/B (84%) $2.00/B (16%). 50% Market decline.

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January 1999 estimates - PowerPoint PPT Presentation

Exploration Costs: 1999

Costs/Barrel of Oil - At Well Head