Occidental Petroleum 2002 Annual Report Download - page 90

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(j) 2000 includes the net assets of an intrastate pipeline system, which was
sold in 2001.
(k) Excludes acquisitions of other businesses and formation of OxyVinyls.
Amounts exclude $3.8 billion in oil and gas in 2000, but include
capitalized interest of $12 million in 2002, $5 million in 2001 and $3
million in 2000.
GEOGRAPHIC AREAS
In millions
Net sales (a) Property, plant and equipment, net
-------------------------------------- --------------------------------------
For the years ended December 31, 2002 2001 2000 2002 2001 2000
================================== ========== ========== ========== ========== ========== ==========
United States $ 5,198 $ 6,288 $ 6,084 $ 10,996 $ 11,170 $ 11,845
Qatar 566 539 747 955 859 825
Yemen 422 377 435 316 273 229
Colombia 381 179 392 98 81 104
Oman 158 151 116 155 122 99
Pakistan 151 113 102 189 49 44
Canada 150 136 189 33 31 29
Russia 144 157 180 -- 64 66
Ecuador 98 82 148 176 109 85
United Arab Emirates -- -- -- 93 1 --
Other Foreign 70 80 111 25 32 75
---------- ---------- ---------- ---------- ---------- ----------
Total $ 7,338 $ 8,102 $ 8,504 $ 13,036 $ 12,791 $ 13,401
================================== ========== ========== ========== ========== ========== ==========
(a) Sales are shown by individual country based on the location of the entity
making the sale.
68
NOTE 16 COSTS AND RESULTS OF OIL AND GAS PRODUCING ACTIVITIES
--------------------------------------------------------------------------------
Capitalized costs relating to oil and gas producing activities and related
accumulated depreciation, depletion and amortization, were as follows (in
millions):
Consolidated Subsidiaries
-----------------------------------------------------
Middle East
and Other
United Latin Eastern Other Total
States America Hemisphere Total Interests(c) Worldwide
========================================== =========== =========== =========== =========== =========== ===========
DECEMBER 31, 2002
Proved properties $ 9,736 $ 883 $ 2,965 $ 13,584 $ 35 $ 13,619
Unproved properties (b) 1,205 2 102 1,309 -- 1,309
----------- ----------- ----------- ----------- ----------- -----------
TOTAL PROPERTY COSTS 10,941 885 3,067 14,893 35 14,928
Support facilities 332 50 109 491 -- 491
----------- ----------- ----------- ----------- ----------- -----------
TOTAL CAPITALIZED COSTS (a) 11,273 935 3,176 15,384 35 15,419
Accumulated depreciation, depletion
and amortization (2,560) (661) (1,469) (4,690) 9 (4,681)
----------- ----------- ----------- ----------- ----------- -----------
NET CAPITALIZED COSTS $ 8,713 $ 274 $ 1,707 $ 10,694 $ 44 $ 10,738
========================================== =========== =========== =========== =========== =========== ===========
DECEMBER 31, 2001
Proved properties $ 9,027 $ 789 $ 2,514 $ 12,330 $ (2) $ 12,328
Unproved properties (b) 1,606 2 13 1,621 -- 1,621
----------- ----------- ----------- ----------- ----------- -----------
TOTAL PROPERTY COSTS 10,633 791 2,527 13,951 (2) 13,949
Support facilities 290 43 57 390 19 409
----------- ----------- ----------- ----------- ----------- -----------
TOTAL CAPITALIZED COSTS (a) 10,923 834 2,584 14,341 17 14,358
Accumulated depreciation, depletion
and amortization (2,210) (622) (1,276) (4,108) 27 (4,081)
----------- ----------- ----------- ----------- ----------- -----------
NET CAPITALIZED COSTS $ 8,713 $ 212 $ 1,308 $ 10,233 $ 44 $ 10,277
========================================== =========== =========== =========== =========== =========== ===========
DECEMBER 31, 2000
Proved properties $ 8,616 $ 750 $ 2,254 $ 11,620 $ (17) $ 11,603
Unproved properties (b) 1,970 19 77 2,066 -- 2,066
----------- ----------- ----------- ----------- ----------- -----------
TOTAL PROPERTY COSTS 10,586 769 2,331 13,686 (17) 13,669