1 EXHIBIT 99.2 UNION PACIFIC RESOURCES GROUP INC. COSTS INCURRED IN EXPLORATION AND DEVELOPMENT AS OF DECEMBER 31, 1999 Costs Incurred in Exploration and Development: Costs incurred (whether capitalized or expensed) in oil and gas property acquisition, exploration and development activities are as follows: OTHER UNITED STATES CANADA INTERNATIONAL WORLDWIDE ------------- -------- ------------- ----------- (MILLIONS OF DOLLARS) Costs incurred: Proved acreage.................. $ 12.0 $ 0.8 $ 2.5 $ 15.3 Unproved acreage................ 12.9 7.7 0.5 21.1 Exploration costs (a)........... 46.6 7.9 28.7 83.2 Development costs............... 180.9 106.1 42.8 329.8 ------ ------ ----- ------ Total costs incurred (b) $252.4 $122.5 $74.5 $449.4 ====== ====== ===== ====== (a) Includes allocated exploration overhead costs of $17.9 million in 1999 and delay rentals of $8.3 million in 1999. (b) Excludes capital expenditures relating to discontinued operations of $33.7 million in 1999.