The oil drilling and gas extraction industry in the United States had an estimated market value of 737.3 billion U.S. dollars as of September 2023. The industry employed around 149,000 people as of that time, which was a decrease of more than 70,000 people compared to February 2022.
The U.S. extracts around eight million barrels worth of oil every day, with the Permian basin being the largest oil producing region.
Selected figures about the oil drilling and gas extraction industry in the United States in February 2022 and September 2023
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IBISWorld. (September 30, 2023). Selected figures about the oil drilling and gas extraction industry in the United States in February 2022 and September 2023 [Graph]. In Statista. Retrieved July 28, 2024, from https://www.statista.com/statistics/1312065/us-oil-and-gas-drilling-industry-figures/
IBISWorld. "Selected figures about the oil drilling and gas extraction industry in the United States in February 2022 and September 2023." Chart. September 30, 2023. Statista. Accessed July 28, 2024. https://www.statista.com/statistics/1312065/us-oil-and-gas-drilling-industry-figures/
IBISWorld. (2023). Selected figures about the oil drilling and gas extraction industry in the United States in February 2022 and September 2023. Statista. Statista Inc.. Accessed: July 28, 2024. https://www.statista.com/statistics/1312065/us-oil-and-gas-drilling-industry-figures/
IBISWorld. "Selected Figures about The Oil Drilling and Gas Extraction Industry in The United States in February 2022 and September 2023." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/1312065/us-oil-and-gas-drilling-industry-figures/
IBISWorld, Selected figures about the oil drilling and gas extraction industry in the United States in February 2022 and September 2023 Statista, https://www.statista.com/statistics/1312065/us-oil-and-gas-drilling-industry-figures/ (last visited July 28, 2024)
Selected figures about the oil drilling and gas extraction industry in the United States in February 2022 and September 2023 [Graph], IBISWorld, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/1312065/us-oil-and-gas-drilling-industry-figures/