Occidental Petroleum 2014 Annual Report Download - page 86
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CAPITALIZED COSTS
United
Latin
Middle East/
in millions
States
America
North Africa
Total
Proved properties
Unproved properties
(a)
Proved properties depreciation, depletion and amortization
Unproved properties valuation
Proved properties
$ 29,520
$ 2,485 $ 18,090
$ 50,095
Unproved properties
2,509
27 190
2,726
(a)
32,029
2,512 18,280
52,821
Accumulated depreciation, depletion and amortization
(9,782)
(1,175)
(10,261)
(21,218)
$ 22,247
$ 1,337
$ 8,019
$ 31,603
Proved properties
$ 25,564
$ 2,142 $ 15,873
$ 43,579
Unproved properties
3,654
27 220
3,901
(a)
29,218
2,169 16,093
47,480
Accumulated depreciation, depletion and amortization
(7,893)
(1,068)
(8,582)
(17,543)
$ 21,325
$ 1,101
$ 7,511
$ 29,937
(a) Includes acquisition costs, development costs, capitalized interest and asset retirement obligations.
COSTS INCURRED
United
Latin
Middle East/
in millions
States
America
North Africa
Total
Property acquisition costs
Proved properties
Unproved properties
Exploration costs
Development costs
Property acquisition costs
Proved properties
$ 343
$ — $ —
$ 343
Unproved properties
151
— —
151
Exploration costs
293
11 79
383
Development costs
2,659
329 2,117
5,105
$ 3,446
$ 340 $ 2,196
$ 5,982
Property acquisition costs
Proved properties
$ 1,333
$ — $ 14
$ 1,347
Unproved properties
573
— —
573
Exploration costs
379
1 114
494
Development costs
3,271
304 2,025
5,600
$ 5,556
$ 305 $ 2,153
$ 8,014
84