FACTBOX-Lehman survey of major oil company spending
NEW YORK, June 6 (Reuters) - Worldwide spending on oil and gas exploration and production is expected to rise by 20 percent to $418 billion this year, driven by higher energy prices, Lehman Brothers said on Friday in its semiannual survey of energy companies.
The following is a breakdown of the largest oil and gas companies' spending plans. (in billions of U.S. dollars)
2008 (est) 2007 pct change ---------------------------------------------------------------- INTEGRATED OIL MAJORS BP Plc (BP.L: Quote, Profile, Research) $9.50 $8.71 9 pct Chevron (CVX.N: Quote, Profile, Research) $11.80 $9.98 18 pct ConocoPhillips (COP.N: Quote, Profile, Research) $5.50 $4.85 13 pct Exxon Mobil (XOM.N: Quote, Profile, Research) $14.58 $12.42 17 pct Royal Dutch/Shell(RDSa.L: Quote, Profile, Research) $16.60 $13.94 19 pct Total (TOTF.PA: Quote, Profile, Research) $12.74 $10.50 21 pct MIDDLE EAST/AFRICA ADNOC $2.25 $1.95 15 pct Nigerian Nat'l Oil Co $4.70 $3.50 34 pct Saudi Aramco $11.80 $9.00 31 pct Sonangol $9.25 $7.00 32 pct Sonatrach $4.90 $3.50 40 pct NORTH AMERICA Anadarko Petroleum (APC.N: Quote, Profile, Research) $0.77 $0.44 73 pct Apache (APA.N: Quote, Profile, Research) $2.80 $2.40 17 pct Can. Natural Res (CNQ.TO: Quote, Profile, Research) $0.69 $0.55 25 pct Marathon Oil (MRO.N: Quote, Profile, Research) $1.34 $1.16 15 pct Murphy Oil (MUR.N: Quote, Profile, Research) $1.19 $0.91 30 pct Nexen (NXY.TO: Quote, Profile, Research) $1.21 $0.92 32 pct Occidental Pet. (OXY.N: Quote, Profile, Research) $1.95 $1.73 13 pct PetroCanada (PCA.TO: Quote, Profile, Research) $1.64 $0.71 132 pct Talisman Energy (TLM.TO: Quote, Profile, Research) $3.25 $2.42 34 pct RUSSIA Gazprom (GAZP.MM: Quote, Profile, Research) $9.70 $5.77 68 pct Gazpromneft (SIBN.MM: Quote, Profile, Research) $3.30 $2.04 61 pct Lukoil (LKOH.MM: Quote, Profile, Research) $8.38 $7.56 11 pct Rosneft (ROSN.MM: Quote, Profile, Research) $5.20 $3.70 41 pct Surgutneftegaz (SNGS.MM: Quote, Profile, Research) $3.00 $3.34 -10 pct TNK $4.00 $3.50 14 pct LATIN AMERICA Pan American Energy $0.65 $0.56 16 pct PDVSA $6.83 $5.49 24 pct PEMEX $16.20 $13.70 18 pct Petrobras (PETR4.SA: Quote, Profile, Research) $16.33 $13.15 24 pct Petrotrin $0.59 $0.51 15 pct EUROPE BG Group (BG.L: Quote, Profile, Research) $3.05 $3.17 -4 pct ENI (ENI.MI: Quote, Profile, Research) $11.50 $8.30 39 pct OMV (OMVV.VI: Quote, Profile, Research) $2.50 $1.80 39 pct Repsol YPF (REP.MC: Quote, Profile, Research) $2.84 $3.14 -10 pct StatoilHydro (STL.OL: Quote, Profile, Research) $11.90 $10.20 17 pct ASIA CNOOC (0883.HK: Quote, Profile, Research) $5.94 $4.25 40 pct Inpex Corp $2.40 $3.04 -21 pct ONGC $4.60 $3.86 19 pct Pakistan Petroleum (PPL.KA: Quote, Profile, Research)$0.31 $0.24 29 pct Pertamina $1.36 $1.05 30 pct PetroChina (601857.SS: Quote, Profile, Research) $18.93 $17.66 7 pct PTT Exploration PTTE.BK $1.87 $1.26 48 pct Reliance Indust. (RELI.BO: Quote, Profile, Research) $2.00 $1.80 11 pct Sinopec (600028.SS: Quote, Profile, Research) $8.60 $7.25 19 pct
Source: Lehman Brothers
(Reporting by Matt Daily)
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