Hess 2014 Annual Report Download - page 24

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99
Average selling prices and average production costs
2014 2013 2012
Average selling prices (a)
Crude oil - per barrel (including hedging)
United States
Onshore ..................................................................................
.
$ 80.67 $ 90.00 $ 84.78
Offshore .................................................................................
.
95.05 103.83 101.80
Total United States ...................................................................
.
86.48 95.50 92.32
Europe (b) .................................................................................
.
104.21 88.03 74.14
Africa ........................................................................................
.
97.31 108.70 89.02
Asia ...........................................................................................
.
89.71 107.40 107.45
Worldwide .............................................................................
.
92.17 98.48 86.94
Crude oil - per barrel (excluding hedging)
United States
Onshore ..................................................................................
.
$ 80.67 $ 89.81 $ 85.66
Offshore .................................................................................
.
92.22 103.15 104.39
Total United States ...................................................................
.
85.34 95.11 93.96
Europe (b) .................................................................................
.
99.20 87.45 75.06
Africa ........................................................................................
.
93.70 108.07 110.92
Asia ..........................................................................................
.
89.71 107.40 109.35
Worldwide .............................................................................
.
89.78 98.01 93.70
Natural gas liquids - per barrel
United States
Onshore ..................................................................................
.
$ 28.92 $ 43.14 $ 44.22
Offshore .................................................................................
.
30.40 29.18 35.24
Total United States ...................................................................
.
29.32 38.07 40.75
Europe (b) .................................................................................
.
52.66 58.31 78.43
Asia ...........................................................................................
.
—74.94 77.92
Worldwide .............................................................................
.
30.59 40.68 47.81
Natural gas - per mcf
United States
Onshore ..................................................................................
.
$ 3.18 $ 3.08 $ 2.02
Offshore .................................................................................
.
3.79 2.83 2.15
Total United States ...................................................................
.
3.47 2.96 2.09
Europe (b) .................................................................................
.
10.00 11.06 9.50
Asia and other ...........................................................................
.
6.94 7.50 6.90
Worldwide .............................................................................
.
6.04 6.64 6.16
Average production (lifting) costs per barrel of oil
equivalent produced (c)
United States
Onshore ..................................................................................
.
$ 24.51 $ 29.42 $ 28.97
Offshore .................................................................................
.
5.06 4.98 5.21
Total United States ...................................................................
.
16.77 19.45 18.25
Europe (b) .................................................................................
.
29.14 36.02 29.56
Africa ........................................................................................
.
22.39 19.26 14.45
Asia and other ...........................................................................
.
10.67 12.89 11.13
Worldwide .............................................................................
.
18.31 20.26 18.52
(a) Includes inter-company transfers valued at approximate market prices.