The capital expenditure (capex) on oil and gas exploration in the United States amounted to *** billion U.S. dollars in 2024. This was only half of the capex reported the previous year, a development tied to lower oil prices and poor demand outlooks.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
EY. (August 19, 2025). Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2024 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /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 2024 (in million U.S. dollars)." Chart. August 19, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/
EY. (2025). Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2024 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /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 2024 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 19 Aug 2025, /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 2024 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/ (last visited July 28, 2026)
Capital expenditure on exploration and development by the United States oil and gas industry from 2010 to 2024 (in million U.S. dollars) [Graph], EY, August 19, 2025. [Online]. Available: /statistics/294604/us-gas-and-oil-industry-expenditures-on-exploration-and-development/
