World gas and oil companies: development expenditure

This statistic illustrates the top global oil and gas companies in capital expenditure on development in 2013. Royal Dutch Shell plc spent approximately 26.5 billion U.S. dollars on development that year. Thus, Shell was ranked fourth based on development capital expenditure.

Top global oil and gas companies by capital expenditure on development in 2013 (in million U.S. dollars)*

Characteristic	Expenditure in million U.S. dollars
Exxon Mobil Corporation*	27,807
Chevron Corporation*	27,447
PetroChina Company Limited	26,567.2
Royal Dutch Shell plc*	26,463
Total S.A.*	23,988.7
Petroleo Brasileiro, S.A. (Petrobras)*	18,074
ConocoPhillips*	17,500
Statoil ASA	16,723.4
BP p.l.c.*	16,664
Petroleos Mexicanos	14,236.5

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Release date

January 2015

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Region

Worldwide

Survey time period

2013

Supplementary notes

This report presents the worldwide and regional exploration and production (E&P) results for 75 companies for the five-year period from 2009 through 2013.
* Amounts presented for BP, Chevron, CNOOC, ConocoPhillips, Eni, EP Energy, ExxonMobil, LUKOIL, Mitsui, Petrobras, Royal Dutch Shell, Talisman, Total and YPF include investments accounted for by the equity method.

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