Performance Profiles of Major Energy Producers (1993)

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DIANE Publishing, 1995 - 189 pages
Special 20-year financial performance review! Examines developments in the operations of the major U.S. energy-producing companies on a corporate level, by major line of business, by major function within each line of business, and by geographic area. Presents data collected for CY 1993. Features strategies following the Arab Oil Embargo of 1973-74. The analysis represents the operations of the companies in the context of their worldwide operations and in the context of major energy markets which they serve. Tables and graphs. Valuable 11-page glossary!

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Page 182 - Offshore: That geographic area that lies seaward of the coastline. In general, the coastline is the line of ordinary low water along with that portion of the coast that is in direct contact with the open sea or the line marking the seaward limit of inland water.
Page 181 - Includes leaded gasohol. Blendstock is excluded until blending has been completed. Alcohol that is to be used in the blending of gasohol is also excluded.
Page 184 - Proved reserves of crude oil as of December 31 of any given year are the estimated quantities of all liquids statistically reported as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in the future from known reservoirs under existing economic and Operating conditions.
Page 185 - Reserves of crude oil which can be produced economically through application of improved recovery techniques (such as fluid injection) are included in the "proved...
Page 184 - Basic and applied research in the sciences and engineering and the design and development of prototypes and processes.
Page 185 - ... liquids, the recovery of which is subject to reasonable doubt because of uncertainty as to geology, reservoir characteristics, or economic factors...
Page 118 - An entity's functional currency is the currency of the primary economic environment in which the entity operates; normally, that is the currency of the environment in which an entity primarily generates and expends cash.
Page 183 - Costs of drilling exploratory-type stratigraphic test wells. (16) Development costs. Costs incurred to obtain access to proved reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas. More specifically, development costs...
Page 178 - ... fees, recording fees, legal costs, and other costs incurred in acquiring properties. (15) Exploration costs. Costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratorytype stratigraphic test wells.
Page 181 - Associated gas is free natural gas, commonly known as gas cap gas, which overlies and is in contact with crude oil in the reservoir. Dissolved gas is natural gas which is in solution with crude oil in the reservoir at original reservoir conditions.

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