Quarterly Survey of Capital Expenditures: Oil and Gas Activities

For each Category of capital expenditure listed below, what were the expenditures ('000 CAN$) for the three month period?

Reporting instructions

Reporting Guide

Capital Expenditures
Capital Expenditures are the gross expenditures on fixed assets for use in the operations of your organization or for lease or rent to others, including the following:
- cost of all non-residential buildings, engineering structures, and machinery and equipment which normally have a life of more than one year and are charged to fixed asset accounts
- modifications, additions and major renovations
- capital costs such as feasibility studies, architectural, legal, installation and engineering fees
- subsidies
- capitalized interest charges on loans with which capital projects are financed
- additions to work in progress
- assets acquired for lease to others, either as a capital, financial or as an operating lease, but exclude assets acquired as a lessee through either a capital, financial or an operating lease from others
- Imports of used assets since they represent newly acquired assets for the Canadian economy

Exploration and Evaluation
These expenditures include mineral rights fees and retention costs, geological, geophysical and seismic expenses, exploration drilling, and other costs incurred during the reporting period in order to determine whether oil or gas reserves exist and can be exploited commercially. Report gross expenditures, before deducting any incentive grants, incurred for oil and gas activities on a contracted basis and/or by your own employees. Exclude the cost of land acquired from other oil and gas companies.

Building Construction
Include capital expenditures on buildings such as office buildings, camps, warehouses, maintenance garages, workshops, and laboratories. Fixtures, facilities and equipment that are integral parts of the building are included.

Other Construction Assets
Include all infrastructure, other than buildings, such as the cost of well pads, extraction and processing infrastructure and plants, upgrading units, transportation infrastructure, water and sewage infrastructure, tailings, pipelines and wellhead production facilities (pumpjacks, separators, etc). Include all preconstruction planning and design costs such as development drilling, regulatory approvals, environmental assessments, engineering and
consulting fees and any materials supplied to construction contractors for installation, as well as site clearance and preparation. Equipment which is installed as an integral or built-in feature of a fixed structure (i.e. casings, tanks, steam generators, pumps, electrical apparatus, separators, flow lines, etc.) should be reported with the construction asset; however, when the equipment is replaced within an existing structure, the replacement cost should be reported in machinery and equipment (sustaining capital).

Machinery and Equipment
Include transportation equipment for people and materials, computers, software, communication equipment, and processing equipment not included in the above categories.

• 1: Exploration and evaluation, capitalized or expensed (leases and licences, seismic, exploration drilling)
• 2: Building construction (process building, office building, camp, storage building, maintenance garage)
• 3: Other construction assets (development drilling and completions, processing facilities, natural gas plants, upgraders)
• 4: Machinery and equipment purchases (trucks, shovels, computers, etc.)