The Oil and Gas Industry in the United States

by
,

The figures behind the oil and gas industry in the United States are impressive. In 1999, the US produced 7.7 million barrels of oil per day and this grew to almost 9 million in 2012. The natural gas industry is also making powerful strides, boosted by the implementation of hydraulic fracturing or "fracking", the controversial shale gas extraction technique everyone seems to be talking about.

Natural gas production has reached 681 billion cubic meters, a noticeable increase on 539 billion cubic metres in 1998. Shale gas production has skyrocketed from 0.5 trillion feet in 2003 to 8.6 trillion cubic feet in 2013. Unsurprisingly, fracking has become big business with shale gas production projected to hit 16.7 trillion cubic feet by 2040. In 2012, there were over 45,000 fracking wells across the US.



Infographic: The Oil and Gas Industry in the United States | Statista
Enlarge
Related Infographics
  • PCs
    Five Years Past Peak PC?

    This chart shows global PC shipments since 2008.

  • Terrorism
    How Does ISIS Fund Itself?

    This chart shows the estimated monthly and yearly revenue streams of the so-called Islamic State.

You may also be interested in...
Infographic Newsletter

Statista offers daily infographics about trending topics covering Media and Society.

Download & Reference

More statistics about...
Show more
You may also be interested in...
FAQ
Who may use the "Chart of the Day"?
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista.

Which topics are covered by the "Chart of the Day"?
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.

Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific Charts of the Day, please contact Robin Hüdepohl
(robin.huedepohl@statista.com).