Hess 2008 Annual Report Download - page 96
Download and view the complete annual report
Please find page 96 of the 2008 Hess annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
 |
 |
At December 31 Total
United
States Europe Africa
Asia and
Other
(Millions of dollars)
2007
Future revenues ........................... $94,955 $18,876 $32,778 $28,960 $14,341
Less:
Future production costs ................... 17,862 2,733 7,569 4,770 2,790
Future development costs .................. 10,118 1,472 4,329 1,640 2,677
Future income tax expenses ................ 33,833 5,291 12,083 14,309 2,150
61,813 9,496 23,981 20,719 7,617
Future net cash flows ....................... 33,142 9,380 8,797 8,241 6,724
Less: discount at 10% annual rate .............. 11,237 3,792 2,826 2,155 2,464
Standardized measure of discounted future net cash
flows................................. $21,905 $ 5,588 $ 5,971 $ 6,086 $ 4,260
2006
Future revenues ........................... $55,252 $ 8,686 $19,751 $18,480 $ 8,335
Less:
Future production costs ................... 13,312 1,376 6,482 3,783 1,671
Future development costs .................. 7,043 722 2,916 1,846 1,559
Future income tax expenses ................ 16,765 2,331 5,625 7,908 901
37,120 4,429 15,023 13,537 4,131
Future net cash flows ....................... 18,132 4,257 4,728 4,943 4,204
Less: discount at 10% annual rate .............. 5,771 1,423 1,358 1,322 1,668
Standardized measure of discounted future net cash
flows................................. $12,361 $ 2,834 $ 3,370 $ 3,621 $ 2,536
80