Part-B-ss-EIA-28

B.

Collection of Information Employing Statistical Methods
1.

The group of companies initially required to file Form EIA-28 was based
upon those companies, in 1976, which were among the top 50 domestic
crude oil producers that had at least l percent of domestic production or
reserves of oil, gas, coal, or uranium, or l percent of domestic refining
capacity or petroleum product sales.
Re-evaluations of the companies selected, based on 1982 data, 1985 data,
and again on 1987 data, indicated almost no change in the group since the
group was first selected. However, since Cities Service, one of the 26
companies originally selected, was merged with Occidental Petroleum in
December 1982, the number of 1984 respondents was reduced to 25.
Similarly, for the 1985 reporting cycle, the number of respondents was
reduced to 22 companies, due to several mergers and acquisitions within
the FRS respondent sample (Mobil-Superior, Texaco-Getty, and ChevronGulf), all effective during 1984. Sun Company spun off its U.S. oil and
gas subsidiary, Sun Oil and Gas Exploration Company (subsequently
renamed Oryx Energy Company), to shareholders in 1988. Both Sun and
Oryx reported in 1988. In 1988, Tenneco sold all of its petroleum
operations, and was dropped from the group.
A review of 1991 publicly-available data resulted in one company being
dropped from the FRS respondent list and three new respondents being
added. Total Petroleum North America, Ltd., which was added in 1990,
spun off all of their oil and gas properties to shareholders. As a result,
they no longer met the selection criteria and were dropped from the group.
Anadarko Petroleum Corporation, ENRON Corporation, and NERCO,
Inc. were added. In 1993, Kennecott Corporation acquired NERCO, Inc.
and sold off all of NERCO’s oil and gas assets. Consequently, Kennecott
did not meet the selection criteria, so it was dropped from the group in
1993. The survey group was unchanged for the years 1994 through 1996.
In 1997, Sun Company was dropped from the survey because it fell below
the top 50 domestic crude oil producers criterion, and Sonat, Inc. was
added.
In recent years, the U.S. refining industry has been undergoing a process
of restructuring, cost-cutting and consolidation, and the trend in industry
acquisitions, divestitures, and alliances has sharply increased. These rapid
industry changes were reducing the ability of EIA's Financial Reporting
System to meet its legislative requirement to provide "… a statistically
accurate profile …" of the U.S. refining line of commerce. Therefore, in
1998 EIA changed the selection criteria for the EIA-28 survey in order to
maintain a more representative coverage of the industry. Accordingly, the
EIA eliminated the Form EIA-28 Top-50 Requirement. Additionally, the
1 percent threshold on both coal and uranium production was eliminated.

EIA also specified that the U.S.-based companies selected for the FRS
survey group, or their parent companies, must be publicly-traded
companies. With these changes, the simplified FRS respondent selection
criteria allow for the inclusion of large, publicly-traded, non-integrated
independent refiners.
In summary, the revised respondent company selection criteria for the
FRS Form EIA-28 includes in the FRS survey group, any U.S.-based
company (or its parent company) that is publicly-traded, and accounts for
1 percent or more of U.S. production or reserves of crude oil (including
natural gas liquids) or natural gas, or 1 percent or more of U.S. refining
capacity or refined product sales volume.
A review of 1997 publicly-available data, using the newly established
criteria, resulted in 11 additions to, and two deletions from, the FRS
respondent list. Reevaluations of the companies selected, based on 1998,
1999, and 2000 data, indicated no change in the group since the review of
1997 data. However, since then, the composition of the group has
changed due to various mergers and acquisitions, and a corporate
bankruptcy.
In 1998, Kerr McGee and Oryx merged. In December 1998 Exxon and
Mobil merged, and Amoco and British Petroleum merged. In April 2000
BP Amoco acquired Atlantic Richfield. In July 2000 Union Pacific
Resources merged with Anadarko Petroleum. In October 2000 Chevron
and Texaco merged. In January 2001, Coastal merged with El Paso
Energy. In September 2001, Phillips Petroleum acquired Tosco. On
August 30, 2002, Phillips Petroleum and Conoco merged. In December
2001, Valero Energy merged with Ultramar Diamond Shamrock, and
Enron filed for bankruptcy. XTO Energy was added to the group in 2003,
and Chesapeake Energy and Equitable Resources were added to the group
in 2004, when their natural gas reserves exceeded 1 percent of the U.S.
total.
The 29 respondent companies for 2005, thus, are as follows:
1. Amerada Hess Corp.
2. BP America Inc .
3. Anadarko Petroleum Corporation
4. Apache Corporation
5. Burlington Resources, Inc.
6. Chesapeake Energy Corporation
7. Chevron Corporation
8. Citgo Petroleum
9. ConocoPhillips Company
10. Devon Energy Corporation

11. Dominion Resources
12. Equitable Resources, Inc.
13. El Paso Corporation
14. EOG Resources
15. Exxon Mobil Corp.
16. Kerr-McGee Corp.
17. Lyondell-Citgo
18. Marathon Oil Corp.
19. Motiva Enterprises, LLC
20. Occidental Petroleum Corp.
21. Premcor Refining Group
22. Shell Oil Co.
23. Sunoco, Inc.
24. Tesoro Petroleum Corp.
25. Total Fina Elf Holdings USA, Inc.
26. Unocal Corp.
27. Valero Energy Corp.
28. Williams Companies, Inc.
29. XTO Energy, Inc.
2.

The legal requirements (Section 205(h) of P.L. 95-91) specify that data be
collected from major energy-producing companies. Statistical sampling,
therefore, would not be appropriate for selecting major companies.

3.

Penalties can be imposed for failure to submit Form EIA-28. Nonresponse
has not been a problem and the response rate has always been 100 percent.

4.

The survey was designed and is conducted by the EIA. During
development of the proposed new schedules, EIA consulted with affected
companies regarding the information to be requested.

5.

For questions regarding the Form EIA-28, please contact Greg Filas at
(202) 586-1347. General questions about the EIA information collection
clearance program should be directed to Grace Sutherland at (202) 2871712.