Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Revenue with Extraction of Crude Petroleum & Natural Gas is projected to amount to US$27,812m in 2020.
  • An annual growth rate of 5.1% is expected (CAGR 2020-2024)
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The extraction of crude petroleum & natural gas includes the production of crude petroleum, the mining and extraction of oil from oil shale and oil sands and the production of natural gas and recovery of hydrocarbon liquids. It contains the overall activities of operating and/or developing oil and gas field properties, including such activities as drilling, completing and equipping wells, operating separators, emulsion breakers, desilting equipment and field gathering lines for crude petroleum and all other activities in the preparation of oil and gas up to the point of shipment from the producing property.

This includes the industries (by code):
  • NACE: B06
  • NAICS: 21112, 21113
in-scope
  • Production of crude petroleum
  • Mining and extraction of oil from oil shale and oil sands
  • Production of natural gas
  • Recovery of hydrocarbon
out-of-scope
  • Support activities for petroleum and gas extraction
Oil & Gas – global 2020

Oil & Gas – global 2020

Statista Industry Report – ISIC Code 6
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Revenue (2020)
-4.5% yoy
US$27,812m

Revenue Revenue growth

in the Extraction of Crude Petroleum & Natural Gas market in million US$ in percent

Reading Support Revenue in Extraction of Crude Petroleum & Natural Gas amounts to US$27,812m in 2020. Reading Support The Extraction of Crude Petroleum & Natural Gas is expected to show a revenue growth of -5% in 2020.

PNGXLS
  • Revenue
  • Revenue growth
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Revenue:

The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) for each year.

Most data for European countries are actual data until 2018 and estimates from 2019 onwards. For the USA the data up to 2017 are actual data.

Revenue Growth:

The “Revenue Growth” box shows the year-over-year revenue development of the selected market (market segment, region) in percentage terms.

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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

2012201320142015201620172018201920202021202220232024 CAGR
(2012-2024)
Population in m
Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
0-14 years in m
Number of individuals (age 0-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
15-24 years in m
Number of individuals (age 15-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
25-34 years in m
Number of individuals (age 25-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
35-44 years in m
Number of individuals (age 35-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
45-54 years in m
Number of individuals (age 45-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
55+ years in m
Number of individuals (age 55 and older) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
Consumer spending, per capita (current prices)
Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices
Consumer price index (CPI)
Consumer price index (CPI) for a weighted basket of goods and services. The weights of the components vary by country according to local consumption patterns. The base year (100) has been set to 2017 for all countries, the base year of the input data may vary. | Source: Statista, based on IMF WEOD
GDP, per capita (current prices)
Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB
General government revenue (% of GDP) in %
General government revenue refers to taxes, social contributions, grants receivable, and other revenue. | Source: Statista, based on IMF WEOD
General government revenue (current US$)
General government revenue refers to taxes, social contributions, grants receivable, and other revenue. The data is shown in current prices, converted from local currencies using the average exchange rate of the respective year. | Source: Statista, based on IMF WEOD
Source: Statista, September 2020
Source: Statista, September 2020, based on IMF, World Bank, UN and Eurostat