In 2022, the United States oil and gas industry's capital expenditure (capex) on proved property acquisitions came to a total of 24.24 billion U.S. dollars, while the capex on unproved property acquisitions came to nearly eight billion U.S. dollars. The capex on U.S. oil and gas unproved property acquisitions saw a steep decrease in 2022 compared to the previous year.
Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2022
(in million U.S. dollars)
Characteristic
Proved property acquisitions
Unproved property acquisitions
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EY. (August 21, 2023). Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY. "Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2022 (in million U.S. dollars)." Chart. August 21, 2023. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY. (2023). Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY. "Capital Expenditure on Proved and Unproved Property Acquisitions by Oil and Gas Companies in The United States from 2010 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Aug 2023, https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY, Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/ (last visited July 04, 2024)
Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2022 (in million U.S. dollars) [Graph], EY, August 21, 2023. [Online]. Available: https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/