Shell spent some 1.87 billion U.S. dollars on exploration activities in 2024. This was slightly more than the previous year. By comparison, the peak was recorded in 2013, at nearly 5.3 billion U.S. dollars. Shell is one of the top oil and gas companies worldwide, operating in every segment of the oil and gas industry.
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Shell. (March 25, 2025). Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/260318/exploration-costs-of-shell/
Shell. "Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars)." Chart. March 25, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/260318/exploration-costs-of-shell/
Shell. (2025). Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/260318/exploration-costs-of-shell/
Shell. "Exploration Expenses of Shell from 2010 to 2024 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Mar 2025, /statistics/260318/exploration-costs-of-shell/
Shell, Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/260318/exploration-costs-of-shell/ (last visited July 22, 2026)
Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars) [Graph], Shell, March 25, 2025. [Online]. Available: /statistics/260318/exploration-costs-of-shell/
