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Last Update: 03/11/2010
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Costs incurred in oil and gas
property acquisition, exploration
and development activities

Costs incurred represent amounts capitalized or charged against income as incurred in connection with oil and gas property acquisition, exploration and development activities.

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2009 (million €)

 

 

 

 

 

 

Germany

Rest of Europe

Russia, Caspian Sea region

North Africa, Middle East

South America

Total

Acquisitions

1

19

20

Exploration

14

192

8

70

5

289

Development

47

117

82

97

24

367

Total net costs

61

310

90

167

48

676

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2008 (million €)

 

 

 

 

 

 

Germany

Rest of Europe

Russia, Caspian Sea region

North Africa, Middle East

South America

Total

Acquisitions

559

559

Exploration

15

113

24

75

12

239

Development

75

33

50

89

40

287

Total net costs

90

705

74

164

52

1,085

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