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DVN » Topics » Oil, Gas and NGL Production and Operating Expenses

These excerpts taken from the DVN 10-K filed Feb 27, 2009.
Oil, Gas and NGL Production and Operating Expenses
 
The details of the changes in oil, gas and NGL production and operating expenses between 2006 and 2008 are shown in the table below.
 
                                         
    Year Ended December 31,  
          2008 vs
 		          2007 vs
 		       
    2008     2007(1)     2007     2006(1)     2006  
 
Production and operating expenses ($ in millions):
                                       
Lease operating expenses
  $ 2,217       +21 %   $ 1,828       +28 %   $ 1,425  
Production taxes
    522       +53 %     340       —       341  
                                         
Total production and operating expenses
  $ 2,739       +26 %   $ 2,168       +23 %   $ 1,766  
                                         
Production and operating expenses per Boe:
                                       
Lease operating expenses
  $ 9.32       +14 %   $ 8.16       +15 %   $ 7.11  
Production taxes
    2.20       +44 %     1.52       −11 %     1.70  
                                         
Total production and operating expenses per Boe
  $ 11.52       +19 %   $ 9.68       +10 %   $ 8.81  
                                         
 
 
(1) All percentage changes included in this table are based on actual figures and not the rounded figures included in this table.
 
Oil, Gas and NGL Production and Operating Expenses
 
The details of the changes in oil, gas and NGL production and operating expenses between 2006 and 2008 are shown in the table below.
 
                                         
    Year Ended December 31,  
          2008 vs
 		          2007 vs
 		       
    2008     2007(1)     2007     2006(1)     2006  
 
Production and operating expenses ($ in millions):
                                       
Lease operating expenses
  $ 2,217       +21 %   $ 1,828       +28 %   $ 1,425  
Production taxes
    522       +53 %     340       —       341  
                                         
Total production and operating expenses
  $ 2,739       +26 %   $ 2,168       +23 %   $ 1,766  
                                         
Production and operating expenses per Boe:
                                       
Lease operating expenses
  $ 9.32       +14 %   $ 8.16       +15 %   $ 7.11  
Production taxes
    2.20       +44 %     1.52       −11 %     1.70  
                                         
Total production and operating expenses per Boe
  $ 11.52       +19 %   $ 9.68       +10 %   $ 8.81  
                                         
 
 
(1) All percentage changes included in this table are based on actual figures and not the rounded figures included in this table.
 
This excerpt taken from the DVN 10-K filed Jun 9, 2008.
Oil, Gas and NGL Production and Operating Expenses
 
The details of the changes in oil, gas and NGL production and operating expenses between 2005 and 2007 are shown in the table below.
 
                                         
    Year Ended December 31,  
          2007 vs
 		          2006 vs
 		       
    2007     2006(1)     2006     2005(1)     2005  
 
Production and operating expenses ($ in millions):
                                       
Lease operating expenses
  $ 1,828       +28 %   $ 1,425       +15 %   $ 1,244  
Production taxes
    340       —       341       + 2 %     335  
                                         
Total production and operating expenses
  $ 2,168       +23 %   $ 1,766       +12 %   $ 1,579  
                                         
Production and operating expenses per Boe:
                                       
Lease operating expenses
  $ 8.16       +15 %   $ 7.11       +18 %   $ 6.03  
Production taxes
    1.52       −11 %     1.70       + 5 %     1.62  
                                         
Total production and operating expenses per Boe
  $ 9.68       +10 %   $ 8.81       +15 %   $ 7.65  
                                         
 
 
(1) All percentage changes included in this table are based on actual figures and not the rounded figures included in this table.
 
This excerpt taken from the DVN 10-K filed Feb 28, 2008.
Oil, Gas and NGL Production and Operating Expenses
 
The details of the changes in oil, gas and NGL production and operating expenses between 2005 and 2007 are shown in the table below.
 
                                         
    Year Ended December 31,  
          2007 vs
 		          2006 vs
 		       
    2007     2006(1)     2006     2005(1)     2005  
 
Production and operating expenses ($ in millions):
                                       
Lease operating expenses
  $ 1,828       +28 %   $ 1,425       +15 %   $ 1,244  
Production taxes
    340       —       341       + 2 %     335  
                                         
Total production and operating expenses
  $ 2,168       +23 %   $ 1,766       +12 %   $ 1,579  
                                         
Production and operating expenses per Boe:
                                       
Lease operating expenses
  $ 8.16       +15 %   $ 7.11       +18 %   $ 6.03  
Production taxes
    1.52       −11 %     1.70       + 5 %     1.62  
                                         
Total production and operating expenses per Boe
  $ 9.68       +10 %   $ 8.81       +15 %   $ 7.65  
                                         
 
 
(1) All percentage changes included in this table are based on actual figures and not the rounded figures included in this table.
 

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2009
10-K
Jun 9, 2008
10-K
Feb 28, 2008

RELATED TOPICS for DVN:

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