Nominal Cost per Dry Well Drilled - United States

Current cost
6131.2 + 130.1%
Thousand Dollars per Well
2007
Previous cost
2664.6
Thousand Dollars per Well
2006
All Time High cost
6131.2
Thousand Dollars per Well
2007
All Time Low cost
44
Thousand Dollars per Well
1960
  • Basic Information
  • Nominal Cost per Dry Well Drilled - United States is at a current level of 6131.2 (Thousand Dollars per Well) recorded on June 30, 2007. It is up by 3466.6, which is 130.1% higher than the previous value recorded one year ago on June 30, 2006. The all-time highest value 6131.2 was reached on June 30, 2007, and the lowest 44 was on June 30, 1960. This data set is yearly updated and the last update was made on January 14, 2022. Nominal Cost per Dry Well Drilled contains forty seven years of data from 1960 to 2007 with a total of 48 records.
  • Category
  • Energy
  • Sub Category
  • Natural Gas
  • Data Frequency
  • Yearly
  • Total Records
  • 48 entries
  • Region
  • United States
  • Data Source
  • U. S. Energy Administration Information
  • Data Overview
  • Current cost
  • 6131.2
  • Previous cost
  • 2664.6
  • cost Change
  • + 3466.6 (130.1%)
  • cost Unit
  • Thousand Dollars per Well
  • cost Date
  • 2007-06-30
  • One Year Trend (2007)
  • 0 (0%)
  • All Time Trend(1960 - 07)
  • + 6087.2 (13834.55%)
  • Year High (2007)
  • 6131.2
  • Year Low (2007)
  • 6131.2
  • All Time High
  • 6131.2 on 2007-06-30
  • All Time Low
  • 44 on 1960-06-30
  • Last Updated on
  • January 14, 2022
  • Records Period
  • From 1960 to 2007

Nominal Cost per Dry Well Drilled Historical Data Table

YearcostChangeUnit
196044 0 Thousand Dollars per Well
196145.2 + 1.2 Thousand Dollars per Well
196250.8 + 5.6 Thousand Dollars per Well
196348.2 -2.6 Thousand Dollars per Well
196448.5 + 0.3 Thousand Dollars per Well
196553.1 + 4.6 Thousand Dollars per Well
196656.9 + 3.8 Thousand Dollars per Well
196761.5 + 4.6 Thousand Dollars per Well
196866.2 + 4.7 Thousand Dollars per Well
196970.2 + 4 Thousand Dollars per Well
197080.9 + 10.7 Thousand Dollars per Well
197186.8 + 5.9 Thousand Dollars per Well
197294.9 + 8.1 Thousand Dollars per Well
1973105.8 + 10.9 Thousand Dollars per Well
1974141.7 + 35.9 Thousand Dollars per Well
1975177.2 + 35.5 Thousand Dollars per Well
1976190.3 + 13.1 Thousand Dollars per Well
1977230.2 + 39.9 Thousand Dollars per Well
1978281.7 + 51.5 Thousand Dollars per Well
1979339.6 + 57.9 Thousand Dollars per Well
1980376.5 + 36.9 Thousand Dollars per Well
1981464 + 87.5 Thousand Dollars per Well
1982515.4 + 51.4 Thousand Dollars per Well
1983366.5 -148.9 Thousand Dollars per Well
1984329.2 -37.3 Thousand Dollars per Well
1985372.3 + 43.1 Thousand Dollars per Well
1986389.2 + 16.9 Thousand Dollars per Well
1987259.1 -130.1 Thousand Dollars per Well
1988366.4 + 107.3 Thousand Dollars per Well
1989355.4 -11 Thousand Dollars per Well
1990367.5 + 12.1 Thousand Dollars per Well
1991441.2 + 73.7 Thousand Dollars per Well
1992357.6 -83.6 Thousand Dollars per Well
1993387.7 + 30.1 Thousand Dollars per Well
1994491.5 + 103.8 Thousand Dollars per Well
1995481.2 -10.3 Thousand Dollars per Well
1996541 + 59.8 Thousand Dollars per Well
1997655.6 + 114.6 Thousand Dollars per Well
1998973.2 + 317.6 Thousand Dollars per Well
19991115.5 + 142.3 Thousand Dollars per Well
20001075.4 -40.1 Thousand Dollars per Well
20011620.4 + 545 Thousand Dollars per Well
20021673.4 + 53 Thousand Dollars per Well
20032065.1 + 391.7 Thousand Dollars per Well
20041977.3 -87.8 Thousand Dollars per Well
20052392.9 + 415.6 Thousand Dollars per Well
20062664.6 + 271.7 Thousand Dollars per Well
20076131.2 + 3466.6 Thousand Dollars per Well

Nominal Cost per Dry Well Drilled Yearly Trends

YearYear Open - Year CloseYear Min - Year MaxYear AverageYear Change
196044 - 4444 - 4444 0
196145.2 - 45.245.2 - 45.245.2 0
196250.8 - 50.850.8 - 50.850.8 0
196348.2 - 48.248.2 - 48.248.2 0
196448.5 - 48.548.5 - 48.548.5 0
196553.1 - 53.153.1 - 53.153.1 0
196656.9 - 56.956.9 - 56.956.9 0
196761.5 - 61.561.5 - 61.561.5 0
196866.2 - 66.266.2 - 66.266.2 0
196970.2 - 70.270.2 - 70.270.2 0
197080.9 - 80.980.9 - 80.980.9 0
197186.8 - 86.886.8 - 86.886.8 0
197294.9 - 94.994.9 - 94.994.9 0
1973105.8 - 105.8105.8 - 105.8105.8 0
1974141.7 - 141.7141.7 - 141.7141.7 0
1975177.2 - 177.2177.2 - 177.2177.2 0
1976190.3 - 190.3190.3 - 190.3190.3 0
1977230.2 - 230.2230.2 - 230.2230.2 0
1978281.7 - 281.7281.7 - 281.7281.7 0
1979339.6 - 339.6339.6 - 339.6339.6 0
1980376.5 - 376.5376.5 - 376.5376.5 0
1981464 - 464464 - 464464 0
1982515.4 - 515.4515.4 - 515.4515.4 0
1983366.5 - 366.5366.5 - 366.5366.5 0
1984329.2 - 329.2329.2 - 329.2329.2 0
1985372.3 - 372.3372.3 - 372.3372.3 0
1986389.2 - 389.2389.2 - 389.2389.2 0
1987259.1 - 259.1259.1 - 259.1259.1 0
1988366.4 - 366.4366.4 - 366.4366.4 0
1989355.4 - 355.4355.4 - 355.4355.4 0
1990367.5 - 367.5367.5 - 367.5367.5 0
1991441.2 - 441.2441.2 - 441.2441.2 0
1992357.6 - 357.6357.6 - 357.6357.6 0
1993387.7 - 387.7387.7 - 387.7387.7 0
1994491.5 - 491.5491.5 - 491.5491.5 0
1995481.2 - 481.2481.2 - 481.2481.2 0
1996541 - 541541 - 541541 0
1997655.6 - 655.6655.6 - 655.6655.6 0
1998973.2 - 973.2973.2 - 973.2973.2 0
19991115.5 - 1115.51115.5 - 1115.51115.5 0
20001075.4 - 1075.41075.4 - 1075.41075.4 0
20011620.4 - 1620.41620.4 - 1620.41620.4 0
20021673.4 - 1673.41673.4 - 1673.41673.4 0
20032065.1 - 2065.12065.1 - 2065.12065.1 0
20041977.3 - 1977.31977.3 - 1977.31977.3 0
20052392.9 - 2392.92392.9 - 2392.92392.9 0
20062664.6 - 2664.62664.6 - 2664.62664.6 0
20076131.2 - 6131.26131.2 - 6131.26131.2 0

Nominal Cost per Dry Well Drilled Historical Data Chart

Latest Natural Gas Data

United States Data Sets