Nominal Cost per Natural Gas Well Drilled - United States

Current Cost
3906.9 + 101.78%
Thousand Dollars per Well
2007
Previous Cost
1936.2
Thousand Dollars per Well
2006
All Time High Cost
3906.9
Thousand Dollars per Well
2007
All Time Low Cost
92.4
Thousand Dollars per Well
1963
  • Basic Information
  • Nominal Cost per Natural Gas Well Drilled - United States is at a current level of 3906.9 (Thousand Dollars per Well) recorded on June 30, 2007. It is up by 1970.7, which is 101.78% higher than the previous value recorded one year ago on June 30, 2006. The all-time highest value 3906.9 was reached on June 30, 2007, and the lowest 92.4 was on June 30, 1963. This data set is yearly updated and the last update was made on January 14, 2022. Nominal Cost per Natural Gas 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
  • 3906.9
  • Previous Cost
  • 1936.2
  • Cost Change
  • + 1970.7 (101.78%)
  • Cost Unit
  • Thousand Dollars per Well
  • Cost Date
  • 2007-06-30
  • One Year Trend (2007)
  • 0 (0%)
  • All Time Trend(1960 - 07)
  • + 3804.2 (3704.19%)
  • Year High (2007)
  • 3906.9
  • Year Low (2007)
  • 3906.9
  • All Time High
  • 3906.9 on 2007-06-30
  • All Time Low
  • 92.4 on 1963-06-30
  • Last Updated on
  • January 14, 2022
  • Records Period
  • From 1960 to 2007

Nominal Cost per Natural Gas Well Drilled Historical Data Table

YearCostChangeUnit
1960102.7 0 Thousand Dollars per Well
196194.7 -8 Thousand Dollars per Well
196297.1 + 2.4 Thousand Dollars per Well
196392.4 -4.7 Thousand Dollars per Well
1964104.8 + 12.4 Thousand Dollars per Well
1965101.9 -2.9 Thousand Dollars per Well
1966133.8 + 31.9 Thousand Dollars per Well
1967141 + 7.2 Thousand Dollars per Well
1968148.5 + 7.5 Thousand Dollars per Well
1969154.3 + 5.8 Thousand Dollars per Well
1970160.7 + 6.4 Thousand Dollars per Well
1971166.6 + 5.9 Thousand Dollars per Well
1972157.8 -8.8 Thousand Dollars per Well
1973155.3 -2.5 Thousand Dollars per Well
1974189.2 + 33.9 Thousand Dollars per Well
1975262 + 72.8 Thousand Dollars per Well
1976270.4 + 8.4 Thousand Dollars per Well
1977313.5 + 43.1 Thousand Dollars per Well
1978374.2 + 60.7 Thousand Dollars per Well
1979443.1 + 68.9 Thousand Dollars per Well
1980536.4 + 93.3 Thousand Dollars per Well
1981698.6 + 162.2 Thousand Dollars per Well
1982864.3 + 165.7 Thousand Dollars per Well
1983608.1 -256.2 Thousand Dollars per Well
1984489.8 -118.3 Thousand Dollars per Well
1985508.7 + 18.9 Thousand Dollars per Well
1986522.9 + 14.2 Thousand Dollars per Well
1987380.4 -142.5 Thousand Dollars per Well
1988460.3 + 79.9 Thousand Dollars per Well
1989457.8 -2.5 Thousand Dollars per Well
1990471.3 + 13.5 Thousand Dollars per Well
1991506.6 + 35.3 Thousand Dollars per Well
1992426.1 -80.5 Thousand Dollars per Well
1993521.2 + 95.1 Thousand Dollars per Well
1994535.1 + 13.9 Thousand Dollars per Well
1995629.7 + 94.6 Thousand Dollars per Well
1996616 -13.7 Thousand Dollars per Well
1997728.6 + 112.6 Thousand Dollars per Well
1998815.6 + 87 Thousand Dollars per Well
1999798.4 -17.2 Thousand Dollars per Well
2000756.9 -41.5 Thousand Dollars per Well
2001896.5 + 139.6 Thousand Dollars per Well
2002991.9 + 95.4 Thousand Dollars per Well
20031106 + 114.1 Thousand Dollars per Well
20041716.4 + 610.4 Thousand Dollars per Well
20051497.6 -218.8 Thousand Dollars per Well
20061936.2 + 438.6 Thousand Dollars per Well
20073906.9 + 1970.7 Thousand Dollars per Well

Nominal Cost per Natural Gas Well Drilled Yearly Trends

YearYear Open - Year CloseYear Min - Year MaxYear AverageYear Change
1960102.7 - 102.7102.7 - 102.7102.7 0
196194.7 - 94.794.7 - 94.794.7 0
196297.1 - 97.197.1 - 97.197.1 0
196392.4 - 92.492.4 - 92.492.4 0
1964104.8 - 104.8104.8 - 104.8104.8 0
1965101.9 - 101.9101.9 - 101.9101.9 0
1966133.8 - 133.8133.8 - 133.8133.8 0
1967141 - 141141 - 141141 0
1968148.5 - 148.5148.5 - 148.5148.5 0
1969154.3 - 154.3154.3 - 154.3154.3 0
1970160.7 - 160.7160.7 - 160.7160.7 0
1971166.6 - 166.6166.6 - 166.6166.6 0
1972157.8 - 157.8157.8 - 157.8157.8 0
1973155.3 - 155.3155.3 - 155.3155.3 0
1974189.2 - 189.2189.2 - 189.2189.2 0
1975262 - 262262 - 262262 0
1976270.4 - 270.4270.4 - 270.4270.4 0
1977313.5 - 313.5313.5 - 313.5313.5 0
1978374.2 - 374.2374.2 - 374.2374.2 0
1979443.1 - 443.1443.1 - 443.1443.1 0
1980536.4 - 536.4536.4 - 536.4536.4 0
1981698.6 - 698.6698.6 - 698.6698.6 0
1982864.3 - 864.3864.3 - 864.3864.3 0
1983608.1 - 608.1608.1 - 608.1608.1 0
1984489.8 - 489.8489.8 - 489.8489.8 0
1985508.7 - 508.7508.7 - 508.7508.7 0
1986522.9 - 522.9522.9 - 522.9522.9 0
1987380.4 - 380.4380.4 - 380.4380.4 0
1988460.3 - 460.3460.3 - 460.3460.3 0
1989457.8 - 457.8457.8 - 457.8457.8 0
1990471.3 - 471.3471.3 - 471.3471.3 0
1991506.6 - 506.6506.6 - 506.6506.6 0
1992426.1 - 426.1426.1 - 426.1426.1 0
1993521.2 - 521.2521.2 - 521.2521.2 0
1994535.1 - 535.1535.1 - 535.1535.1 0
1995629.7 - 629.7629.7 - 629.7629.7 0
1996616 - 616616 - 616616 0
1997728.6 - 728.6728.6 - 728.6728.6 0
1998815.6 - 815.6815.6 - 815.6815.6 0
1999798.4 - 798.4798.4 - 798.4798.4 0
2000756.9 - 756.9756.9 - 756.9756.9 0
2001896.5 - 896.5896.5 - 896.5896.5 0
2002991.9 - 991.9991.9 - 991.9991.9 0
20031106 - 11061106 - 11061106 0
20041716.4 - 1716.41716.4 - 1716.41716.4 0
20051497.6 - 1497.61497.6 - 1497.61497.6 0
20061936.2 - 1936.21936.2 - 1936.21936.2 0
20073906.9 - 3906.93906.9 - 3906.93906.9 0

Nominal Cost per Natural Gas Well Drilled Historical Data Chart

Latest Natural Gas Data

United States Data Sets