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Number of oil and gas drilling licenses awarded in the United States from 1970 to 2023, with a forecast for 2024

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Release date

July 2024

Region

United States

Survey time period

1970 to 2023

Special properties

* Forecast

Citation formats

Oil and gas drilling licenses awarded in the U.S. 1970-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 5, 2024

The United States awarded a record *** oil and gas drilling licenses in 2023. Oil and gas activity has increased in the country, following greater demand for its exports due to sanctions on Russian oil and gas. However, for 2024, only a small number of licenses are expected to be awarded.

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