U.S. shale capital expenditure was forecast to reach 83 billion U.S. dollars according to estimates from November 2021. This would be the highest level since the onset of the coronavirus pandemic, with a May 2021 forecast the most pessimistic, at 70 billion U.S. dollars.
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Rystad Energy. (December 1, 2021). Forecast shale exploration and production capital expenditure in the United States in 2022, by month of forecast made (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/1291425/forecast-capital-expenditure-shale-us/
Rystad Energy. "Forecast shale exploration and production capital expenditure in the United States in 2022, by month of forecast made (in billion U.S. dollars)." Chart. December 1, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/1291425/forecast-capital-expenditure-shale-us/
Rystad Energy. (2021). Forecast shale exploration and production capital expenditure in the United States in 2022, by month of forecast made (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/1291425/forecast-capital-expenditure-shale-us/
Rystad Energy. "Forecast Shale Exploration and Production Capital Expenditure in The United States in 2022, by Month of Forecast Made (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Dec 2021, /statistics/1291425/forecast-capital-expenditure-shale-us/
Rystad Energy, Forecast shale exploration and production capital expenditure in the United States in 2022, by month of forecast made (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1291425/forecast-capital-expenditure-shale-us/ (last visited July 23, 2026)
Forecast shale exploration and production capital expenditure in the United States in 2022, by month of forecast made (in billion U.S. dollars) [Graph], Rystad Energy, December 1, 2021. [Online]. Available: /statistics/1291425/forecast-capital-expenditure-shale-us/
