Capitalized Costs Related to Oil and Gas Activities

As at December 31
(millions of Canadian dollars)
North America North Sea Southeast Asia Sudan Algeria Trinidad Other Total
2004   Proved properties 8,680 7,009 1,487 - 197 229 5   17,607
  Unproved properties 192 54 16 - 23 16 34 335
  Incomplete wells and facilities 49 3 46 - - 35 12 145
    8,921 7,066 1,549 - 220 280 51  18,087
  Less: accumulated depreciation, depletion and amortization 3,195 4,006 501 - 42 - - 7,744
  Net capitalized costs 5,726 3,060 1,048 - 178 280 51  10,343
2003   Proved properties 7,751 6,339 1,466 - 151 120 - 15,827
  Unproved properties 227 88 95 - 67 16 3 496
  Incomplete wells and facilities 31 1 22 - - 1 5 60
    8,009 6,428 1,583 - 218 137 8 16,383
  Less: accumulated depreciation, depletion and amortization 2,694 3,451 498 - 16 - - 6,659
  Net capitalized costs 5,315 2,977 1,085 - 202 137 8 9,724
2002   Proved properties 6,939 5,592 1,422 986 217 45 - 15,201
  Unproved properties 214 14 156 36 29 9 - 458
  Incomplete wells and facilities 33 66 22 17 - - - 138
    7,186 5,672 1,600 1,039 246 54 - 15,797
  Less: accumulated depreciation, depletion and amortization 2,339 2,774 509 271 - - - 5,893
  Net capitalized costs 4,847 2,898 1,091 768 246 54 - 9,904