| (Net of Royalities) - US$ |
2004 |
2003 |
2002 |
| North America |
Oil and Liquids (US$/bbl) |
|
|
|
| Sales Price |
32.44 |
25.64 |
20.96 |
| Hedging(gain) |
5.81 |
2.21 |
0.04 |
| Transportation |
0.48 |
0.44 |
0.31 |
| Operating costs |
6.55 |
5.67 |
4.48 |
| |
|
19.60 |
17.32 |
16.13 |
| |
Natural Gas(US$/mcf) |
|
|
|
| Sales Price |
5.26 |
4.74 |
2.70 |
| Hedging(gain) |
0.10 |
0.10 |
(0.22) |
| Transportation |
0.19 |
0.19 |
0.18 |
| Operating costs |
0.76 |
0.68 |
0.56 |
| |
|
4.21 |
3.77 |
2.18 |
| North Sea |
Oil and Liquids (US$/bbl) |
|
|
|
| Sales Price |
37.23 |
28.35 |
24.68 |
| Hedging(gain) |
5.77 |
1.43 |
0.08 |
| Transportation |
0.89 |
0.83 |
0.82 |
| Operating costs |
10.28 |
8.19 |
6.56 |
| |
|
20.29 |
17.90 |
17.22 |
| |
Natural Gas(US$/mcf) |
|
|
|
| Sales Price |
4.29 |
3.41 |
2.68 |
| Hedging(gain) |
- |
- |
- |
| Transportation |
0.29 |
0.28 |
0.33 |
| Operating costs |
0.47 |
0.28 |
0.31 |
| |
|
3.53 |
2.85 |
2.04 |
| Southeast Asia |
Oil and Liquids (US$/bbl) |
|
|
|
| Sales Price |
39.49 |
29.66 |
25.80 |
| Hedging(gain) |
- |
2.78 |
0.06 |
| Transportation |
0.30 |
0.48 |
0.84 |
| Operating costs |
7.32 |
8.48 |
7.92 |
| |
|
31.87 |
17.92 |
16.98 |
| |
Natural Gas(US$/mcf) |
|
|
|
| Sales Price |
3.65 |
4.12 |
3.63 |
| Hedging(gain) |
- |
- |
- |
| Transportation |
0.42 |
0.59 |
0.62 |
| Operating costs |
0.27 |
0.38 |
0.40 |
| |
|
2.96 |
3.15 |
2.61 |
| Algeria |
Oil(US$/bbl) |
|
|
|
| Sales Price |
39.48 |
27.84 |
- |
| Hedging(gain) |
- |
3.13 |
- |
| Transportation |
2.20 |
2.55 |
- |
| Operating costs |
4.41 |
7.06 |
- |
| |
|
32.87 |
15.10 |
- |
| Sudan |
Oil(US$/bbl) |
|
|
|
| Sales Price |
- |
31.33 |
24.06 |
| Hedging(gain) |
- |
- |
0.08 |
| Operating costs |
- |
4.96 |
4.02 |
| |
|
- |
26.37 |
19.96 |
| Total Company |
Oil and Liquids (US$/bbl) |
|
|
|
| Sales Price |
36.57 |
27.90 |
23.85 |
| Hedging(gain) |
4.90 |
1.71 |
0.07 |
| Transportation |
0.79 |
0.70 |
0.58 |
| Operating costs |
8.87 |
7.46 |
5.78 |
| |
|
22.01 |
18.03 |
17.42 |
| |
Natural Gas(US$/mcf) |
|
|
|
| Sales Price |
4.84 |
4.50 |
2.80 |
| Hedging(gain) |
0.07 |
0.07 |
(0.17) |
| Transportation |
0.25 |
0.25 |
0.25 |
| Operating costs |
0.63 |
0.59 |
0.51 |
| |
|
3.89 |
3.59 |
2.21 |
Netbacks do not include synthetic oil or pipeline operations.