In 2023, the United States oil and gas industry's capital expenditure (capex) on proved property acquisitions came to a total of 40.62 billion U.S. dollars, while the capex on unproved property acquisitions came to nearly 8.6 billion U.S. dollars. The capex on U.S. oil and gas unproved property acquisitions saw a steep increase in 2023 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 2023
(in million U.S. dollars)
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EY. (August 22, 2024). Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 03, 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 2023 (in million U.S. dollars)." Chart. August 22, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY. (2024). Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 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 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Aug 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 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/ (last visited December 03, 2024)
Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2023 (in million U.S. dollars) [Graph], EY, August 22, 2024. [Online]. Available: https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/