The capital expenditure (CAPEX) on oil and gas exploration in the United States amounted to 11.12 billion U.S. dollars in 2023, while CAPEX on U.S. oil and gas development came to around 82 billion U.S. dollars, which is the first time since 2015 that the development expenditure surpasses 80 billion U.S. dollars.
Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2023
(in million U.S. dollars)
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EY. (August 22, 2024). Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 18, 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 2023 (in million U.S. dollars)." Chart. August 22, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/
EY. (2024). Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 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 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Aug 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 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/ (last visited December 18, 2024)
Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2023 (in million U.S. dollars) [Graph], EY, August 22, 2024. [Online]. Available: https://www.statista.com/statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/