Database

Wide Range of Project Types and Sizes

IPA E&P Database Summary

Number of E&P Developments	>1,000
Total Capital Expenditures	$545 billion
Average Asset Cost (2009 US$)	$380 million
Range of Asset Costs (2009 US$)	<$1 million to >$3.5 billion
Range of Facility Costs (2009 US$)	<$2 million to >$4.5 billion
Range of Well Construction Costs (2009 US$)	<$10 million to >$3.2 billion
Total Hydrocarbon Reserves	143.7 billion barrels of oil equivalent (BBOE)
Median Project Reserves	113 million barrels of oil equivalent (MMBOE)
Range of Reserves	<5 MMBOE to >2.5 BBOE
Range of Water Depth	Onshore to >2,000 m