Oil and Gas Statistics

Louisiana Drilling Permits

The Louisiana Drilling Permits statistics represents the number of drilling permits issued to drilling companies in Loiusiana.  The number indicates permits issued for all oil and gas wells.

Month/Year Number of Permits Issued February 2007 144 March 2007 208 April 2007 157 May 2007 232 June 2007 184 July 2007 195 August 2007 197 September 2007 164 October 2007 174 November 2007 180 December 2007 152 January 2008 172 February 2008 153

Source: Louisiana Department of Natural Resources

Source: Louisiana Department of Natural Resources

Louisiana Rig Count

The stastics shown represent the number of drilling rigs operating in Louisiana.

Month/Year Number of Operating Rigs February 2007 195 March 2007 195 April 2007 188 May 2007 180 June 2007 175 July 2007 183 August 2007 178 September 2007 171 October 2007 152 November 2007 165 December 2007 159 January 2008 149 February 2008 143

Source: Louisiana Department of Natural Resources

Source: Louisiana Department of Natural Resources

Louisiana Sweet Crude Oil Prices

The prices below are per-barrel, based on an average spot market price at the St. James terminal on the Mississippi River.

Month/Year Average Price Per Barrel March 07 $64.62 April 07 $69.19 May 07 $69.92 June 07 $73.20 July 07 $69.14 August 07 $73.20 September 07 $79.86 October 07 $86.25 November 07 $96.01 December 07 $95.32 January 08 $95.39 February 08 $98.45 March 08 $107.46

Source: Louisiana Department of Natural Resources

Average Price Per Barrel. Source: Louisiana Department of Natural Resources

Month/Year Price Per MMBTU March 2007 $7.15 April 2007 $7.50 May 2007 $7.65 June 2007 $7.51 July 2007 $6.36 August 2007 $6.33 September 2007 $5.70 October 2007 $6.53 November 2007 $6.96 December 2007 $7.11 January 2008 $7.78 February 2008 $8.24 March 2008 $9.23

Source: Louisiana Department of Natural Resources

Source: Louisiana Department of Natural Resources

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