Expenditures For Petroleum and Natural Gas Well Drilling for United States

1963: 2,230 Millions Of Current Dollars (+ see more) 
Annual, Not Seasonally Adjusted, A02230USA398NNBR, Updated: 2012-08-16 11:36 AM CDT
Click and drag in the plot area or select dates:   1yr | 5yr | 10yr | Max   to

The Kuznets Data Were Calculated By Multiplying The Series In 1929 Prices By The Price Index For Petroleum Pipe Lines. For 1915-28, This Price Index Was Calculated For "Construction And Building Materials, Statistical Supplement", May 1954, Pp. 33 And 82, And It Was Extrapolated Back From 1915 By The Total Construction Cost Index Described In Kuznets,"National Product Since 1869", Table Iv-4, Notes To Line 1. The Dept. Of Commerce Estimates Were Prepared By The Building Materials And Construction Division Of The Business And Defense Services Administration. They Represent All Costs Of Drilling, Including The Cost Of Casings. The Cost Of Installed Production Equipment, Such As Flowing And Pumping Equipment, Is Excluded. The Figures Are Based On The Cost Of Drilling Oil And Gas Wells, As Reported In The Census Of Mineral Industries, 1939 And 1958, Interpolated And Extrapolated By Annual Data On The Number Of Wells Completed (From Trade Sources) And On Average Cost Per Well (Estimated By The Compiling Agency). Source: 1889-1928: Unpublished Annual Estimates Which Underly Five-Year Moving Averages Published, With Explanatory Notes, In Simon Kuznets, "Capital In The American Economy, " Princeton University Press For NBER, 1961, Tables R-5, Pp. 492-493; R-15, Pp. 526-527; And R-30, Pp. 576-587. 1929-1938:"National Income", 1954 Edition, Supplement To "Survey Of Current Business", Footnote 8 To Table 31, P. 209. 1939-1945:"Construction And Building Materials, Statistical Supplement", May 1954, U.S. Department Of Commerce, Business And Defense Services Administration, Table 24, P. 56. 1946-1956:"U.S. Income And Output", Supplement To "Survey Of Current Business", 1958. 1957-1963:"Survey Of Current Business", July Issues, 1962 And 1964.

This NBER data series a02230 appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: a02230

Source: National Bureau of Economic Research

Release: NBER Macrohistory Database

Growth Rate Calculations | US recession dates

Restore defaults | Save settings | Apply saved settings











    w   h
Graph Background: Plot Background: Text:
   




Color:



  
(a) Expenditures For Petroleum and Natural Gas Well Drilling for United States, Millions Of Current Dollars, Not Seasonally Adjusted (A02230USA398NNBR)
The Kuznets Data Were Calculated By Multiplying The Series In 1929 Prices By The Price Index For Petroleum Pipe Lines. For 1915-28, This Price Index Was Calculated For "Construction And Building Materials, Statistical Supplement", May 1954, Pp. 33 And 82, And It Was Extrapolated Back From 1915 By The Total Construction Cost Index Described In Kuznets,"National Product Since 1869", Table Iv-4, Notes To Line 1. The Dept. Of Commerce Estimates Were Prepared By The Building Materials And Construction Division Of The Business And Defense Services Administration. They Represent All Costs Of Drilling, Including The Cost Of Casings. The Cost Of Installed Production Equipment, Such As Flowing And Pumping Equipment, Is Excluded. The Figures Are Based On The Cost Of Drilling Oil And Gas Wells, As Reported In The Census Of Mineral Industries, 1939 And 1958, Interpolated And Extrapolated By Annual Data On The Number Of Wells Completed (From Trade Sources) And On Average Cost Per Well (Estimated By The Compiling Agency). Source: 1889-1928: Unpublished Annual Estimates Which Underly Five-Year Moving Averages Published, With Explanatory Notes, In Simon Kuznets, "Capital In The American Economy, " Princeton University Press For NBER, 1961, Tables R-5, Pp. 492-493; R-15, Pp. 526-527; And R-30, Pp. 576-587. 1929-1938:"National Income", 1954 Edition, Supplement To "Survey Of Current Business", Footnote 8 To Table 31, P. 209. 1939-1945:"Construction And Building Materials, Statistical Supplement", May 1954, U.S. Department Of Commerce, Business And Defense Services Administration, Table 24, P. 56. 1946-1956:"U.S. Income And Output", Supplement To "Survey Of Current Business", 1958. 1957-1963:"Survey Of Current Business", July Issues, 1962 And 1964.

This NBER data series a02230 appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: a02230

Expenditures For Petroleum and Natural Gas Well Drilling for United States
   

  

Integer Period Range: to copy to all
Create your own data transformation: [+]

Need help? [+]

Use a formula to modify and combine data series into a single line. For example, invert an exchange rate a by using formula 1/a, or calculate the spread between 2 interest rates a and b by using formula a - b.

Use the assigned data series variables above (e.g. a, b, ...) together with operators {+, -, *, /, ^}, braces {(,)}, and constants {e.g. 2, 1.5} to create your own formula {e.g. 1/a, a-b, (a+b)/2, (a/(a+b+c))*100}. The default formula 'a' displays only the first data series added to this line. You may also add data series to this line before entering a formula.



will be applied to formula result
Create segments for min, max, and average values: [+]



Graph Data






Retrieving data.
Graph updated.

Subscribe to our newsletter for updates on published research, data news, and latest econ information.
Name:   Email:  
Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo

Click to send us feedback