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Finding Costs Up

By Greg Russell

This article in the Houston Chronicle reports that an Ernst & Young study released yesterday concludes that U.S. oil and gas finding costs increased 35 percent last year.  In 2008, the cost per barrel of oil equivalent was nearly $52, excluding acquisitions of proved reserves.

Tags: Energy

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Vorys Energy and Environmental Services

Vorys, Sater, Seymour and Pease LLP provides business and legal counsel to clients throughout the United States and around the world. Since its founding in 1909, our firm has grown into one of the largest law firms in the country, with nearly 375 attorneys who are located in 10 offices in Ohio, Washington, D.C., Texas, Pennsylvania, California, London and Berlin.

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