Capital spending on oil and gas exploration for projects with new drilling licenses worldwide from January 2024 to April 2025
(in billion U.S. dollars)
Characteristic
Capital expenditure in billion U.S. dollars
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Capital spending on new oil and gas projects slightly decreased in the first half of 2025. In the first four months of the year, around *** billion U.S. dollars went toward capex for oil and gas exploration projects with newly awarded drilling licenses. This compared to *** billion U.S. dollars spent in the first four months of 2024.
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IISD. (May 28, 2025). Capital spending on oil and gas exploration for projects with new drilling licenses worldwide from January 2024 to April 2025 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1615143/global-oil-and-gas-exploration-capex-by-month/
IISD. "Capital spending on oil and gas exploration for projects with new drilling licenses worldwide from January 2024 to April 2025 (in billion U.S. dollars)." Chart. May 28, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1615143/global-oil-and-gas-exploration-capex-by-month/
IISD. (2025). Capital spending on oil and gas exploration for projects with new drilling licenses worldwide from January 2024 to April 2025 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1615143/global-oil-and-gas-exploration-capex-by-month/
IISD. "Capital Spending on Oil and Gas Exploration for Projects with New Drilling Licenses Worldwide from January 2024 to April 2025 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 28 May 2025, /statistics/1615143/global-oil-and-gas-exploration-capex-by-month/
IISD, Capital spending on oil and gas exploration for projects with new drilling licenses worldwide from January 2024 to April 2025 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1615143/global-oil-and-gas-exploration-capex-by-month/ (last visited August 01, 2026)
Capital spending on oil and gas exploration for projects with new drilling licenses worldwide from January 2024 to April 2025 (in billion U.S. dollars) [Graph], IISD, May 28, 2025. [Online]. Available: /statistics/1615143/global-oil-and-gas-exploration-capex-by-month/
