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Costs/Barrel of Oil - At Well Head

$24/BOE. $12/BOE. Exploration Development Operations Tax Basic Costs Margin. $2.60 (11%) $6.00 (25%) $3.00 (12%) $2.40 (10%) $14.00/B (58%) $10.00/B (42%). $1.70 (14%) $5.10 (43%) $2.00 (17%) $1.20 (10%) $10.00/B (84%) $2.00/B (16%). 50% Market decline.

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Costs/Barrel of Oil - At Well Head

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  1. $24/BOE $12/BOE Exploration Development Operations Tax Basic Costs Margin $2.60 (11%) $6.00 (25%) $3.00 (12%) $2.40 (10%) $14.00/B (58%) $10.00/B (42%) $1.70 (14%) $5.10 (43%) $2.00 (17%) $1.20 (10%) $10.00/B (84%) $2.00/B (16%) 50% Market decline 500% Margin decline Costs/Barrel of Oil - At Well Head 1999 USA January 1999 Estimates

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