The capital expenditure (CAPEX) on oil and gas exploration in the United States amounted to 10.89 billion U.S. dollars in 2022, while CAPEX on U.S. oil and gas development came to around 63.45 billion U.S. dollars. This is relatively similar in comparison to 2010, when CAPEX on U.S. oil and gas development and exploration stood at 60.5 and 15.6 billion U.S. dollars, respectively.
Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2022
(in million U.S. dollars)
Characteristic
Exploration
Development
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EY. (August 21, 2023). Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/
EY. "Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2022 (in million U.S. dollars)." Chart. August 21, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/
EY. (2023). Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/
EY. "Capital Expenditure on Exploration and Development by The United States Oil and Gas Industry from 2010 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Aug 2023, https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/
EY, Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/ (last visited July 22, 2024)
Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2022 (in million U.S. dollars) [Graph], EY, August 21, 2023. [Online]. Available: https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/