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Trends in U.S. Oil and Natural Gas Upstream Costs

Trends in Oil and Natural Gas Upstream Costs March 2016 Independent Statistics & Analysis Department of Energy Washington, DC 20585 Energy Information Administration | Trends in Oil and Natural Gas Upstream Costs i This report was prepared by the Energy Information Administration (EIA), the statistical and analytical agency within the Department of Energy. By law, EIA s data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views in this report therefore should not be construed as representing those of the Department of Energy or other federal agencies. March 2016 Energy Information Administration | Trends in Oil and Natural Gas Upstream Costs ii Contents Summary .. 1 Onshore Costs .. 2 Offshore Costs .. 5 Approach .. 6 Appendix IHS Oil and Gas Upstream cost Study (Commission by EIA) .. 7 I. IHS 3 II.

Trends in U.S. Oil and Natural Gas Upstream Costs March 2016 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585

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