Table 1.6.—Value of the Resource, Additions, and Depletion of
Oil, Transaction Price Method
[Billions of current dollars]
| Year
| Opening stock
| Additions
| Depletion
| Revaluation adjustment
| Closing stock (1+2-3+4)
|
| (1) |
(2) | (3) | (4) | (5) |
| 1977 | | 10.8 | 8.6 | | 93.7 |
| 1978 | 93.7 | 7.5 | 8.7 | 20.9 | 113.4 |
| 1979 | 113.4 | 7.2 | 13.2 | 42.7 | 150.2 |
| 1980 | 150.2 | 16.6 | 16.5 | 3.7 | 154.0 |
| 1981 | 154.0 | 12.4 | 13.8 | -.5 | 152.1 |
| 1982 | 152.1 | 9.4 | 18.4 | -21.5 | 121.7 |
| 1983 | 121.7 | 8.8 | 8.8 | -40.3 | 81.4 |
| 1984 | 81.4 | 10.4 | 8.6 | -11.1 | 72.0 |
| 1985 | 72.0 | 7.0 | 7.0 | -6.1 | 66.0 |
| 1986 | 66.0 | 4.1 | 7.7 | -4.2 | 58.2 |
| 1987 | 58.2 | 5.8 | 5.1 | -23.1 | 35.7 |
| 1988 | 35.7 | 1.4 | 1.6 | -22.3 | 13.2 |
| 1989 | 13.2 | 1.2 | 1.5 | 4.3 | 17.2 |
| 1990 | 17.2 | 1.6 | 1.8 | 20.0 | 37.1 |
| 1991 | 37.1 | 2.2 | 5.3 | 11.1 | 45.1 |
Table 1.5
