In 2020, the U.S. oil and gas industry's capital expenditure (capex) on proved property acquisitions came to around seven billion U.S. dollars, while capex on unproved property acquisitions came to some 4.6 billion U.S. dollars. This capex on unproved property acquisitions was the record low in the period of consideration.
Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2020*
(in million U.S. dollars)
* Includes the 50 largest companies based on 2020 U.S. end-of-year oil and gas reserve estimates.
This statistic was assembled using several editions of the report.
Figures for 2016 to 2018 were restated in the 2021 edition of the report.
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EY. (August 25, 2021). Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2020* (in million U.S. dollars) [Graph]. In Statista. Retrieved December 01, 2021, from https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY. "Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2020* (in million U.S. dollars)." Chart. August 25, 2021. Statista. Accessed December 01, 2021. https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY. (2021). Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2020* (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 01, 2021. https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY. "Capital Expenditure on Proved and Unproved Property Acquisitions by Oil and Gas Companies in The United States from 2010 to 2020* (in Million U.S. Dollars)." Statista, Statista Inc., 25 Aug 2021, https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/
EY, Capital expenditure on proved and unproved property acquisitions by oil and gas companies in the United States from 2010 to 2020* (in million U.S. dollars) Statista, https://www.statista.com/statistics/294600/expenditure-of-us-gas-and-oil-companies-on-property-acquisitions/ (last visited December 01, 2021)
