content_image/37051.jpg content_image/37052.jpg
## 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 

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. 

<img src='content_image/37051.jpg'>

* 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. 

<img src='content_image/37052.jpg'>

* Includes amounts related to asset retirement obligations. 

