MRO » Topics » Drilling Activity

This excerpt taken from the MRO 10-K filed Mar 1, 2007.

Drilling Activity

        The following table sets forth, by geographic area, the number of net productive and dry development and exploratory wells completed in each of the last three years.


Net Productive and Dry Wells Completed(a)

 
 
  2006
  2005
  2004

United States            
  Development(b) - Oil   32   46   13
  - Natural Gas   186   288   167
  - Dry   5   4   –  
     
 
 
  Total   223   338   180
  Exploratory - Oil   3   2   1
  - Natural Gas   8   17   8
  - Dry   3   2   6
     
 
 
  Total   14   21   15
     
 
 
  Total United States   237   359   195
International              
  Development(b) - Oil   51   68   27
  - Natural Gas   1   2   3
  - Dry   –     1   1
     
 
 
  Total   52   71   31
  Exploratory - Oil   19   2   2
  - Natural Gas   –     –     –  
  - Dry   6   4   7
     
 
 
  Total   25   6   9
  Total International   77   77   40
     
 
 
  WORLDWIDE   314   436   235

(a)
Includes the number of wells completed during the applicable year regardless of the year in which drilling was initiated. Excludes any wells where drilling operations were continuing or were temporarily suspended as of the end of the applicable year. A dry well is a well found to be incapable of producing hydrocarbons in sufficient quantities to justify completion. A productive well is an exploratory or development well that is not a dry well.
(b)
Indicates wells drilled in the proved area of an oil or natural gas reservoir.
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