In addition to untapped coal reserves, large stockpiles of coal are maintained by coal producers, distributors, and major consumers (such as electric utility companies and industrial plants) to compensate for possible interruptions in supply. Although there is little seasonal change in demand for coal, supply can vary owing to factors such as coal miners' strikes and bad weather. According to the EIA's Annual Energy Review 2003 (2004), coal stockpiles totaled 163.8 million short tons in 2003. Electric utilities
TABLE 7.3
| Costs of crude oil and natural gas wells drilled, 1960–2002 | ||||||||||
| Costs per well (thousand dollars) | Costs per foot (dollars) | |||||||||
| Crude oil | Natural gas | Dry holes | All | Crude oil | Natural gas | Dry holes | All | |||
| Year | Nominal | Nominal | Nominal | Nominal | Real* | Nominal | Nominal | Nominal | Nominal | Real* |
| *In chained (2000) dollars, calculated by using gross domestic product implicit price deflators. | ||||||||||
| R=Revised. | ||||||||||
| Notes: The information reported for 1965 and prior years is not strictly comparable to that in more recent surveys. Average cost is the arithmetic mean and includes all costs for drilling and equipping wells and for surface-producing facilities. Wells drilled include exploratory and development wells; excludes service wells, stratigraphic tests, and core tests. | ||||||||||
| Web Page: For related information, see http://api-ec.api.org/newsplashpage/index.cfm. | ||||||||||
| SOURCE: "Table 4.7. Costs of Crude Oil and Natural Gas Wells Drilled, 1960–2002," in Annual Energy Review 2003, U.S. Department of Energy, Energy Information Administration, Office of Energy Markets and End Use, September 7, 2004, http://www.eia.doe.gov/emeu/aer/pdf/aer.pdf (accessed September 28, 2004) | ||||||||||
| 1960 | 52.2 | 102.7 | 44.0 | 54.9 | R261.1 | 13.22 | 18.57 | 10.56 | 13.01 | R61.83 |
| 1961 | 51.3 | 94.7 | 45.2 | 54.5 | R256.2 | 13.11 | 17.65 | 10.56 | 12.85 | R60.39 |
| 1962 | 54.2 | 97.1 | 50.8 | 58.6 | R271.8 | 13.41 | 18.10 | 11.20 | 13.31 | R61.71 |
| 1963 | 51.8 | 92.4 | 48.2 | 55.0 | R252.4 | 13.20 | 17.19 | 10.58 | 12.69 | R58.22 |
| 1964 | 50.6 | 104.8 | 48.5 | 55.8 | R252.2 | 13.12 | 18.57 | 10.64 | 12.86 | R58.11 |
| 1965 | 56.6 | 101.9 | 53.1 | 60.6 | R269.1 | 13.94 | 18.35 | 11.21 | 13.44 | R59.64 |
| 1966 | 62.2 | 133.8 | 56.9 | 68.4 | R295.1 | 15.04 | 21.75 | 12.34 | 14.95 | R64.51 |
| 1967 | 66.6 | 141.0 | 61.5 | 72.9 | R305.1 | 16.61 | 23.05 | 12.87 | 15.97 | R66.84 |
| 1968 | 79.1 | 148.5 | 66.2 | 81.5 | R327.0 | 18.63 | 24.05 | 12.88 | 16.83 | R67.56 |
| 1969 | 86.5 | 154.3 | 70.2 | 88.6 | R338.7 | 19.28 | 25.58 | 13.23 | 17.56 | R67.15 |
| 1970 | 86.7 | 160.7 | 80.9 | 94.9 | R344.6 | 19.29 | 26.75 | 15.21 | 18.84 | R68.42 |
| 1971 | 78.4 | 166.6 | 86.8 | 94.7 | R327.6 | 18.41 | 27.70 | 16.02 | 19.03 | R65.82 |
| 1972 | 93.5 | 157.8 | 94.9 | 106.4 | R352.8 | 20.77 | 27.78 | 17.28 | 20.76 | R68.82 |
| 1973 | 103.8 | 155.3 | 105.8 | 117.2 | R367.8 | 22.54 | 27.46 | 19.22 | 22.50 | R70.65 |
| 1974 | 110.2 | 189.2 | 141.7 | 138.7 | R399.5 | 27.82 | 34.11 | 26.76 | 28.93 | R83.31 |
| 1975 | 138.6 | 262.0 | 177.2 | 177.8 | R467.9 | 34.17 | 46.23 | 33.86 | 36.99 | R97.34 |
| 1976 | 151.1 | 270.4 | 190.3 | 191.6 | R476.7 | 37.35 | 49.78 | 36.94 | 40.46 | R100.66 |
| 1977 | 170.0 | 313.5 | 230.2 | 227.2 | R531.4 | 41.16 | 57.57 | 43.49 | 46.81 | R109.49 |
| 1978 | 208.0 | 374.2 | 281.7 | 280.0 | R611.8 | 49.72 | 68.37 | 52.55 | 56.63 | R123.76 |
| 1979 | 243.1 | 443.1 | 339.6 | 331.4 | R668.8 | 58.29 | 80.66 | 64.60 | 67.70 | R136.64 |
| 1980 | 272.1 | 536.4 | 376.5 | 367.7 | R680.4 | 66.36 | 95.16 | 73.70 | 77.02 | R142.52 |
| 1981 | 336.3 | 698.6 | 464.0 | 453.7 | R767.4 | 80.40 | 122.17 | 90.03 | 94.30 | R159.51 |
| 1982 | 347.4 | 864.3 | 515.4 | 514.4 | R820.0 | 86.34 | 146.20 | 104.09 | 108.73 | R173.34 |
| 1983 | 283.8 | 608.1 | 366.5 | 371.7 | R570.1 | 72.65 | 108.37 | 79.10 | 83.34 | R127.81 |
| 1984 | 262.1 | 489.8 | 329.2 | 326.5 | R482.5 | 66.32 | 88.80 | 67.18 | 71.90 | R106.27 |
| 1985 | 270.4 | 508.7 | 372.3 | 349.4 | R501.2 | 66.78 | 93.09 | 73.69 | 75.35 | R108.09 |
| 1986 | 284.9 | 522.9 | 389.2 | 364.6 | R511.7 | 68.35 | 93.02 | 76.53 | 76.88 | R107.90 |
| 1987 | 246.0 | 380.4 | 259.1 | 279.6 | R382.0 | 58.35 | 69.55 | 51.05 | 58.71 | R80.21 |
| 1988 | 279.4 | 460.3 | 366.4 | 354.7 | R468.6 | 62.28 | 84.65 | 66.96 | 70.23 | R92.78 |
| 1989 | 282.3 | 457.8 | 355.4 | 362.2 | R461.1 | 64.92 | 86.86 | 67.61 | 73.55 | R93.63 |
| 1990 | 321.8 | 471.3 | 367.5 | 383.6 | R470.2 | 69.17 | 90.73 | 67.49 | 76.07 | R93.23 |
| 1991 | 346.9 | 506.6 | 441.2 | 421.5 | R499.1 | 73.75 | 93.10 | 83.05 | 82.64 | R97.86 |
| 1992 | 362.3 | 426.1 | 357.6 | 382.6 | R442.9 | 69.50 | 72.83 | 67.82 | 70.27 | R81.35 |
| 1993 | 356.6 | 521.2 | 387.7 | 426.8 | R482.9 | 67.52 | 83.15 | 72.56 | 75.30 | R85.20 |
| 1994 | 409.5 | 535.1 | 491.5 | 483.2 | R535.4 | 70.57 | 81.90 | 86.60 | 79.49 | R88.07 |
| 1995 | 415.8 | 629.7 | 481.2 | 513.4 | R557.4 | 78.09 | 95.97 | 84.60 | 87.22 | R94.70 |
| 1996 | 341.0 | 616.0 | 541.0 | 496.1 | R528.6 | 70.60 | 98.67 | 95.74 | 88.92 | R94.74 |
| 1997 | 445.6 | 728.6 | 655.6 | 603.9 | R632.9 | 90.48 | 117.55 | 115.09 | 107.83 | R113.01 |
| 1998 | 566.0 | 815.6 | 973.2 | 769.1 | R797.2 | 108.88 | 127.94 | 157.79 | 128.97 | R133.69 |
| 1999 | 783.0 | 798.4 | 1,115.5 | 856.1 | R874.8 | 156.45 | 138.42 | 182.99 | 152.02 | R155.33 |
| 2000 | 593.4 | 756.9 | 1,075.4 | 754.6 | R754.6 | 125.96 | 138.39 | 181.83 | 142.16 | R142.16 |
| 2001 | 729.1 | 896.5 | 1,620.4 | 943.2 | R921.3 | 153.72 | 172.05 | 271.63 | 181.94 | R177.72 |
| 2002 | 882.8 | 991.9 | 1,673.4 | 1,054.2 | 1,014.2 | 194.55 | 175.78 | 284.17 | 195.31 | 187.90 |
TABLE 7.4
| Major U.S. energy companies' expenditures for crude oil and natural gas exploration and development by region, 1974–2002 | ||||||||||||
| (Billion dollars1) | ||||||||||||
| United States | Foreign | |||||||||||
| Year | Onshore | Offshore | Total | Canada | OECD Europe2 | Eastern Europe and Former U.S.S.R. | Africa | Middle East | Other Eastern Hemisphere3 | Other Western Hemisphere4 | Total | Total |
| 1Nominal dollars. | ||||||||||||
| 2The European members of the Organization for Economic Cooperation and Development (OECD) are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, and the United Kingdom, and, for 1997 forward, Czech Republic, Hungary, and Poland. | ||||||||||||
| 3This region includes areas that are eastward of the Greenwich prime meridian to 180° longitude and that are not included in other domestic or foreign classifications. | ||||||||||||
| 4This region includes areas that are westward of the Greenwich prime meridian to 180° longitude and that are not included in other domestic or foreign classifications. | ||||||||||||
| NA=Not available. | ||||||||||||
| —=Not applicable. | ||||||||||||
| Notes: "Major U.S. Energy Companies" are the top publicly-owned, U.S.-based crude oil and natural gas producers and petroleum refiners that form the Financial Reporting System (FRS). Totals may not equal sum of components due to independent rounding. | ||||||||||||
| Web Page: For related information, see http://www.eia.doe.gov/emeu/finance. | ||||||||||||
| SOURCE: "Table 4.9. Major U.S. Energy Companies' Expenditures for Crude Oil and Natural Gas Exploration and Development by Region, 1974–2002 (Billion Dollars)," in Annual Energy Review 2003, U.S. Department of Energy, Energy Information Administration, Office of Energy Markets and End Use, September 7, 2004, http://www.eia.doe.gov/emeu/aer/pdf/aer.pdf (accessed September 28, 2004) | ||||||||||||
| 1974 | NA | NA | 8.7 | NA | NA | — | NA | NA | NA | NA | 3.8 | 12.5 |
| 1975 | NA | NA | 7.8 | NA | NA | — | NA | NA | NA | NA | 5.3 | 13.1 |
| 1976 | NA | NA | 9.5 | NA | NA | — | NA | NA | NA | NA | 5.2 | 14.7 |
| 1977 | 6.7 | 4.0 | 10.7 | 1.5 | 2.5 | — | 0.7 | 0.2 | 0.3 | 0.4 | 5.6 | 16.3 |
| 1978 | 7.5 | 4.3 | 11.8 | 1.6 | 2.6 | — | 0.8 | 0.3 | 0.4 | 0.6 | 6.4 | 18.2 |
| 1979 | 13.0 | 8.3 | 21.3 | 2.3 | 3.0 | — | 0.8 | 0.2 | 0.5 | 0.8 | 7.8 | 29.1 |
| 1980 | 16.8 | 9.4 | 26.2 | 3.1 | 4.3 | — | 1.4 | 0.2 | 0.8 | 1.0 | 11.0 | 37.2 |
| 1981 | 19.9 | 13.0 | 33.0 | 1.8 | 5.0 | — | 2.1 | 0.3 | 1.9 | 1.3 | 12.4 | 45.4 |
| 1982 | 27.2 | 11.9 | 39.1 | 1.9 | 6.3 | — | 2.1 | 0.4 | 2.4 | 1.1 | 14.2 | 53.3 |
| 1983 | 16.0 | 11.1 | 27.1 | 1.6 | 4.3 | — | 1.7 | 0.5 | 2.0 | 0.6 | 10.7 | 37.7 |
| 1984 | 32.1 | 16.0 | 48.1 | 5.4 | 5.5 | — | 3.4 | 0.5 | 2.0 | 0.5 | 17.3 | 65.3 |
| 1985 | 20.0 | 8.5 | 28.5 | 1.9 | 3.7 | — | 1.6 | 0.9 | 1.3 | 0.7 | 10.1 | 38.6 |
| 1986 | 12.5 | 4.9 | 17.4 | 1.1 | 3.2 | — | 1.1 | 0.3 | 1.2 | 0.6 | 7.5 | 24.9 |
| 1987 | 9.7 | 4.5 | 14.3 | 1.9 | 3.0 | — | 0.8 | 0.4 | 2.8 | 0.5 | 9.2 | 23.5 |
| 1988 | 12.9 | 8.1 | 21.0 | 5.4 | 4.3 | — | 0.8 | 0.4 | 1.4 | 0.7 | 13.0 | 34.1 |
| 1989 | 9.0 | 6.0 | 15.0 | 6.3 | 3.5 | — | 1.0 | 0.4 | 2.3 | 0.6 | 14.1 | 29.1 |
| 1990 | 10.2 | 4.9 | 15.1 | 1.8 | 6.6 | — | 1.4 | 0.6 | 2.4 | 0.7 | 13.6 | 28.7 |
| 1991 | 9.6 | 4.6 | 14.2 | 1.7 | 6.8 | — | 1.5 | 0.5 | 2.4 | 0.7 | 13.7 | 27.9 |
| 1992 | 7.3 | 3.0 | 10.3 | 1.1 | 6.8 | — | 1.4 | 0.6 | 2.4 | 0.6 | 12.9 | 23.2 |
| 1993 | 7.2 | 3.7 | 10.9 | 1.6 | 5.5 | 0.3 | 1.5 | 0.7 | 2.5 | 0.6 | 12.5 | 23.5 |
| 1994 | 7.8 | 4.8 | 12.6 | 1.8 | 4.4 | 0.3 | 1.4 | 0.4 | 2.8 | 0.7 | 11.9 | 24.5 |
| 1995 | 7.7 | 4.7 | 12.4 | 1.9 | 5.2 | 0.4 | 2.0 | 0.4 | 2.4 | 0.9 | 13.2 | 25.6 |
| 1996 | 7.9 | 6.7 | 14.6 | 1.6 | 5.6 | 0.5 | 2.8 | 0.5 | 4.1 | 1.6 | 16.6 | 31.3 |
| 1997 | 13.0 | 8.8 | 21.8 | 2.0 | 7.1 | 0.6 | 3.0 | 0.6 | 3.0 | 1.6 | 17.9 | 39.8 |
| 1998 | 13.5 | 11.0 | 24.4 | 4.8 | 8.6 | 1.3 | 3.1 | 0.9 | 3.9 | 3.7 | 26.4 | 50.8 |
| 1999 | 6.6 | 6.9 | 13.5 | 2.1 | 4.1 | 0.6 | 3.1 | 0.4 | 3.4 | 3.8 | 17.5 | 31.0 |
| 2000 | 27.1 | 21.0 | 48.0 | 4.9 | 7.5 | 0.9 | 2.7 | 0.6 | 6.8 | 5.4 | 28.8 | 76.8 |
| 2001 | 24.2 | 9.6 | 33.9 | 15.3 | 5.4 | 0.9 | 5.5 | 0.7 | 5.0 | 3.1 | 35.9 | 69.8 |
| 2002 | 22.3 | 9.5 | 31.8 | 6.7 | 9.8 | 1.3 | 5.1 | 0.8 | 6.2 | 1.6 | 31.4 | 63.2 |
TABLE 7.5
| Coal demonstrated reserve base, January 1, 2003 | |||||||||
| (Billion short tons) | |||||||||
| Bituminous coal | Subbituminous coal | Lignite | Total | ||||||
| Region and state | Anthracite | Underground | Surface | Underground | Surface | Surface1 | Underground | Surface | Total |
| 1Lignite resources are not mined underground in the United States. | |||||||||
| 2Georgia, Maryland, North Carolina, and Tennessee. | |||||||||
| 3Arkansas, Kansas, Louisiana, and Michigan. | |||||||||
| 4Arizona, Idaho, Oregon, and South Dakota. | |||||||||
| (s)=Less than 0.05 billion short tons. | |||||||||
| Notes: See U.S. Coal Reserves: 1997 Update on the Web Page for a description of the methodology used to produce these data. Data represent known measured and indicated coal resources meeting minimum seam and depth criteria, in the ground as of January 1, 2003. These coal resources are not totally recoverable. Net recoverability with current mining technologies ranges from 0 percent (in far northern Alaska) to more than 90 percent. Fifty-four percent of the demonstrated reserve base of coal in the United States is estimated to be recoverable. | |||||||||
| Totals may not equal sum of components due to independent rounding. | |||||||||
| Web Page: For related information, see http://www.eia.doe.gov/fuelcoal.html. | |||||||||
| SOURCE: "Table 4.11. Coal Demonstrated Reserve Base, January 1, 2003 (Billion Short Tons)," in Annual Energy Review 2003, U.S. Department of Energy, Energy Information Administration, Office of Energy Markets and End Use, September 7, 2004, http://www.eia.doe.gov/emeu/aer/pdf/aer.pdf (accessed September 28, 2004) | |||||||||
| Appalachian | 7.3 | 71.9 | 23.3 | 0.0 | 0.0 | 1.1 | 75.9 | 27.7 | 103.6 |
| Alabama | 0.0 | 1.1 | 2.1 | 0.0 | 0.0 | 1.1 | 1.1 | 3.2 | 4.3 |
| Kentucky, Eastern | 0.0 | 1.5 | 9.5 | 0.0 | 0.0 | 0.0 | 1.5 | 9.5 | 11.0 |
| Ohio | 0.0 | 17.6 | 5.8 | 0.0 | 0.0 | 0.0 | 17.6 | 5.8 | 23.4 |
| Pennsylvania | 7.2 | 19.7 | 0.9 | 0.0 | 0.0 | 0.0 | 23.5 | 4.3 | 27.8 |
| Virginia | 0.1 | 1.1 | 0.6 | 0.0 | 0.0 | 0.0 | 1.2 | 0.6 | 1.8 |
| West Virginia | 0.0 | 29.7 | 4.0 | 0.0 | 0.0 | 0.0 | 29.7 | 4.0 | 33.7 |
| Other2 | 0.0 | 1.1 | 0.3 | 0.0 | 0.0 | 0.0 | 1.1 | 0.3 | 1.5 |
| Interior | 0.1 | 117.6 | 27.4 | 0.0 | 0.0 | 13.0 | 117.7 | 40.5 | 158.2 |
| Illinois | 0.0 | 88.1 | 16.6 | 0.0 | 0.0 | 0.0 | 88.1 | 16.6 | 104.6 |
| Indiana | 0.0 | 8.8 | 0.8 | 0.0 | 0.0 | 0.0 | 8.8 | 0.8 | 9.6 |
| Iowa | 0.0 | 1.7 | 0.5 | 0.0 | 0.0 | 0.0 | 1.7 | 0.5 | 2.2 |
| Kentucky, Western | 0.0 | 16.0 | 3.6 | 0.0 | 0.0 | 0.0 | 16.0 | 3.6 | 19.6 |
| Missouri | 0.0 | 1.5 | 4.5 | 0.0 | 0.0 | 0.0 | 1.5 | 4.5 | 6.0 |
| Oklahoma | 0.0 | 1.2 | 0.3 | 0.0 | 0.0 | 0.0 | 1.2 | 0.3 | 1.6 |
| Texas | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12.6 | 0.0 | 12.6 | 12.6 |
| Other3 | 0.1 | 0.3 | 1.1 | 0.0 | 0.0 | 0.5 | 0.4 | 1.6 | 2.0 |
| Western | (s) | 22.0 | 2.4 | 121.3 | 60.7 | 29.5 | 143.4 | 92.6 | 235.9 |
| Alaska | 0.0 | 0.6 | 0.1 | 4.8 | 0.6 | (s) | 5.4 | 0.7 | 6.1 |
| Colorado | (s) | 7.9 | 0.6 | 3.8 | 0.0 | 4.2 | 11.7 | 4.8 | 16.4 |
| Montana | 0.0 | 1.4 | 0.0 | 69.6 | 32.7 | 15.8 | 71.0 | 48.4 | 119.4 |
| New Mexico | (s) | 2.7 | 0.9 | 3.5 | 5.1 | 0.0 | 6.2 | 6.1 | 12.2 |
| North Dakota | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 9.2 | 0.0 | 9.2 | 9.2 |
| Utah | 0.0 | 5.3 | 0.3 | 0.0 | 0.0 | 0.0 | 5.3 | 0.3 | 5.5 |
| Washington | 0.0 | 0.3 | 0.0 | 1.0 | (s) | (s) | 1.3 | 0.0 | 1.4 |
| Wyoming | 0.0 | 3.8 | 0.5 | 38.7 | 22.3 | 0.0 | 42.5 | 22.8 | 65.3 |
| Other4 | 0.0 | 0.0 | 0.0 | (s) | (s) | 0.4 | 0.0 | 0.4 | 0.4 |
| U.S. total | 7.5 | 211.5 | 53.1 | 121.3 | 60.7 | 43.6 | 336.9 | 160.8 | 497.7 |
| States East of the Mississippi River | 7.3 | 184.9 | 44.3 | 0.0 | 0.0 | 1.1 | 188.8 | 48.8 | 237.6 |
| States West of the Mississippi River | 0.1 | 26.6 | 8.7 | 121.3 | 60.7 | 42.5 | 148.1 | 112.0 | 260.1 |
held slightly more than 74% of this coal, and coal producers and distributors stocked another 22%.
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