SUPPLEMENTAR OIL AND GAS DATA (UNAUDITED) Amerada Hess Corporation and Consolidated Subsidiaries The supplementary oil and gas data that follows is pre- sented in accordance with Statement of Financial Account- ing Standards (FAS) No. 69,  Disclosures about Oil and Gas Producing Activities , and includes (1) costs incurred, capi- talized costs and results of operations relating to oil and gas producing activities, (2) net proved oil and gas reserves, and (3) a standardized measure of discounted future net cash flows relating to proved oil and gas reserves, including a reconciliation of changes therein. The Corporation produces crude oil and/or natural gas in the United States, Europe, Equatorial Guinea, Algeria, Gabon, Indonesia, Thailand and Azerbaijan. Exploration activities are also conducted, or are planned, in addi- tional countries. In 2001 and 2002, the Corporation had two equity investees and reported its proportionate share of their oil and gas data in the following tables. As a result of transactions in * Includes amounts related to asset retirement obligations. 2003, one of these equity investees was consolidated and the other was exchanged for other oil and gas interests. Previously, the Corporation owned a 25% interest in certain oil and gas fields in the joint development area of Malaysia and Thailand (JDA) through a 50% investment in a joint ven- ture that was accounted for as an equity investment. In 2003, the Corporation exchanged producing properties in Colombia for the remaining 50% of the JDA joint venture. As a result of this exchange, the Corporation has consolidated its oil and gas interests in the JDA. In 2003, the Corporation exchanged its 25% equity investment in Premier Oil plc for an interest in a producing field in Indonesia. During 2003, the Corporation exchanged its interests in pro- ducing oil and gas fields in the United Kingdom for an increased interest in a Gulf of Mexico field under develop- ment. The Corporation sold producing properties in the Gulf of Mexico Shelf, the Jabung Field in Indonesia and several small United Kingdom fields in 2003. COSTS INCURRED IN OIL AND GAS PRODUCING ACTIVITIES CAPITALIZED COSTS RELATING TO OIL AND GAS PRODUCING ACTIVITIES * Includes $15 million that the Corporation has capitalized related to asset r etirement obligations accrued during 2003. Also see Note 4 to the GLYPH<222>nancial statements entitled  Accounting Change. United Africa, Asia For the Years Ended December 31 (Millions of dollars) Total States Europe and other 2003 Property acquisitions Unproved $ 16 $ 16 $ GLYPH<209> $ GLYPH<209> Proved 23 GLYPH<209> GLYPH<209> 23 Exploration 321 143 49 129 Production and development* 1,082 118 501 463 2002 Property acquisitions Unproved $ 23 $ 22 $ GLYPH<209> $ 1 Proved 70 GLYPH<209> GLYPH<209> 70 Exploration 335 120 53 162 Production and development 1,095 146 509 440 Share of equity investees’ costs incurred 39 GLYPH<209> 25 14 2001 Property acquisitions Unproved $ 820 $ 121 $ 1 $ 698 Proved 2,772 831 GLYPH<209> 1,941 Exploration 297 107 87 103 Production and development 1,182 322 516 344 Share of equity investees’ costs incurred 14 GLYPH<209> 9 5 At December 31 (Millions of dollars) 2003 2002 Unproved properties $ 950 $ 1,020 Proved properties 2,634 2,843 Wells, equipment and related facilities 11,030 10,836 Total costs 14,614 14,699 Less: Reserve for depreciation, depletion, amortization and lease impairment 7,512 8,539 Net capitalized costs $ 7,102* $ 6,160 Share of equity investees’ capitalized costs $ GLYPH<209> $ 704 59