Key Insights
The US Oil & Gas Upstream Market, encompassing exploration and production activities, is a significant contributor to the nation's energy sector. While precise market sizing data is absent, a CAGR of 2.30% from 2019-2033, coupled with a base year of 2025, suggests a robust and steadily growing market. Considering the substantial activity in various US regions and the involvement of major players like ExxonMobil, Chevron, BP, and Shell, a reasonable estimation for the 2025 market size could be in the range of $500-600 billion. This figure is influenced by factors such as ongoing technological advancements in deepwater drilling and enhanced oil recovery techniques, alongside fluctuating global oil prices. The market is segmented by water depth (shallow and deepwater), with deepwater exploration likely driving a significant portion of future growth due to its potential for high-yield discoveries. Regional variations exist, with the Gulf Coast, Permian Basin, and other shale plays exhibiting particularly strong activity, while other areas like the Northeast may see more modest expansion.
Regulatory changes related to environmental concerns and emissions are key restraints. However, the demand for energy and the ongoing need for domestic energy security continue to be major drivers of growth. Increasing investments in renewable energy and energy efficiency measures, while not directly impacting upstream oil and gas production, could potentially moderate growth rates in the longer term. The competitive landscape is characterized by a mix of established multinational corporations and smaller independent producers. These companies are constantly adapting to technological innovations, volatile market conditions, and evolving environmental regulations to maintain profitability and market share. The forecast period (2025-2033) suggests further market expansion, though the actual growth trajectory will depend heavily on global economic conditions, energy policy, and technological breakthroughs.

US Oil & Gas Upstream Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the US Oil & Gas Upstream Market, encompassing market dynamics, growth trends, regional segmentation (shallow water vs. deepwater), key players, and future outlook. The study period spans 2019-2033, with a base year of 2025 and a forecast period of 2025-2033. This report is essential for industry professionals, investors, and strategists seeking a detailed understanding of this dynamic market. The report uses Million USD as the unit for all values.
US Oil & Gas Upstream Market Dynamics & Structure
The US Oil & Gas Upstream market is characterized by a complex interplay of factors influencing its structure and dynamics. Market concentration is relatively high, with major integrated oil companies like ExxonMobil, Chevron, BP, and Shell holding significant market share. However, independent producers also play a vital role, particularly in specific regions and unconventional resource plays.
- Market Concentration: The top 5 players hold an estimated xx% of the market share in 2025.
- Technological Innovation: Technological advancements, such as improved drilling techniques (horizontal drilling, hydraulic fracturing), enhanced oil recovery (EOR) methods, and digitalization, are key drivers of efficiency and production growth. However, high capital expenditures and technological barriers limit widespread adoption.
- Regulatory Framework: Stringent environmental regulations, permitting processes, and lease stipulations significantly impact exploration and production activities. The fluctuating political landscape also presents regulatory uncertainty.
- Competitive Product Substitutes: The increasing adoption of renewable energy sources like solar and wind power presents a long-term competitive threat, although oil and gas remain crucial for energy security.
- End-User Demographics: The demand for oil and gas is largely driven by transportation, electricity generation, and industrial processes. Future demand will depend on economic growth, population trends, and energy transition policies.
- M&A Trends: The US Oil & Gas Upstream sector has witnessed considerable M&A activity in recent years, driven by consolidation, access to resources, and portfolio diversification. The total value of M&A deals in 2024 was estimated at $xx million.
US Oil & Gas Upstream Market Growth Trends & Insights
The US Oil & Gas Upstream market has experienced fluctuating growth in recent years, influenced by global energy demand, commodity prices, and technological advancements. The historical period (2019-2024) witnessed a CAGR of xx%, while the forecast period (2025-2033) projects a CAGR of xx%. This growth is attributed to several factors, including continued investment in exploration and production activities, especially in unconventional resources like shale gas and tight oil. Technological improvements leading to increased efficiency and production optimization have further fueled the market growth. The market size in 2025 is estimated to be $xx million, projected to reach $xx million by 2033. Changes in consumer behavior, such as increased fuel efficiency and adoption of electric vehicles, represent potential long-term challenges.

Dominant Regions, Countries, or Segments in US Oil & Gas Upstream Market
The Gulf of Mexico remains a dominant region for deepwater oil and gas production, while Texas and North Dakota are leading states for shale oil and gas activities. Shallow water operations contribute significantly to the overall market.
Deepwater:
- Key Drivers: Large reserves, technological advancements in deepwater drilling, and high oil and gas prices are major drivers for deepwater exploration and production.
- Dominance Factors: The Gulf of Mexico's established infrastructure, experienced workforce, and favorable geological conditions contribute to its dominance in the deepwater segment. The growth potential is linked to further technological improvements and exploration of new fields.
- Market Share and Growth Potential: The deepwater segment holds approximately xx% market share in 2025, with projected growth to xx% by 2033.
Shallow Water:
- Key Drivers: Lower exploration and production costs compared to deepwater operations. Established infrastructure and proximity to shore.
- Dominance Factors: The shallow-water segment benefits from established infrastructure and relatively lower operational costs.
- Market Share and Growth Potential: The shallow water segment holds approximately xx% market share in 2025. The market is expected to experience a steady growth due to exploration and expansion in existing fields and new discoveries in the near future.
US Oil & Gas Upstream Market Product Landscape
The US Oil & Gas Upstream market encompasses a range of products and services, including drilling rigs, production equipment, pipelines, and processing facilities. Recent innovations focus on enhancing efficiency, safety, and environmental performance. Advanced drilling techniques, automation, and data analytics are improving operational efficiency and reducing costs. The focus on environmentally friendly technologies such as carbon capture and storage is also gaining traction.
Key Drivers, Barriers & Challenges in US Oil & Gas Upstream Market
Key Drivers:
- Increased global demand for oil and gas
- Technological advancements in exploration and production
- Continued investment in unconventional resources
- Government incentives and policies to promote domestic energy production
Challenges & Restraints:
- Fluctuating commodity prices
- Stringent environmental regulations
- Supply chain disruptions
- Geopolitical instability impacting energy markets
- High capital expenditures for exploration and production
Emerging Opportunities in US Oil & Gas Upstream Market
- Expanding into unconventional resources (shale oil, tight gas)
- Development of carbon capture and storage (CCS) technologies
- Growth of offshore wind energy development alongside oil and gas.
- Investments in digitalization and automation to enhance efficiency and reduce costs.
Growth Accelerators in the US Oil & Gas Upstream Market Industry
Technological advancements, particularly in data analytics, automation, and artificial intelligence, are driving significant efficiency gains and reducing operational costs. Strategic partnerships between energy companies and technology providers are also accelerating innovation and market penetration. Exploration and production activities in promising shale and tight oil basins, coupled with government policies supporting domestic energy production, are major catalysts for long-term growth.
Key Players Shaping the US Oil & Gas Upstream Market Market
- ExxonMobil
- Chevron
- BP
- Shell
- Valero Energy
- Saudi Aramco
Notable Milestones in US Oil & Gas Upstream Market Sector
- January 2023: Transocean Ltd. announced contract awards totaling approximately USD 488 million for five drilling rigs. A new three-well contract for the Deepwater Invictus drillship in the U.S. Gulf of Mexico added USD 43 million to the backlog.
- February 2023: Williams announced agreements with Chevron to support natural gas development in the Haynesville Basin and the deepwater Gulf of Mexico, leveraging existing infrastructure for increased production.
In-Depth US Oil & Gas Upstream Market Outlook
The US Oil & Gas Upstream market is poised for continued growth, driven by technological advancements, strategic investments, and increasing global demand. While challenges remain, particularly regarding environmental concerns and regulatory hurdles, the industry's adaptability and innovation capacity suggest a positive long-term outlook. Strategic partnerships, investment in renewable energy integration, and focus on sustainable practices will be key for long-term success and capturing significant market share.
US Oil & Gas Upstream Market Segmentation
- 1. Production Analysis
- 2. Consumption Analysis
- 3. Import Market Analysis (Value & Volume)
- 4. Export Market Analysis (Value & Volume)
- 5. Price Trend Analysis
US Oil & Gas Upstream Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific

US Oil & Gas Upstream Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 2.30% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Reduction in the Cost of the Drilling Rigs4.; Increasing Discovery of New Oil and Gas Fields Along with Rising Investment in the Sector
- 3.3. Market Restrains
- 3.3.1. 4.; Volatility in Oil Prices Along with Comparitively Higher Production Costs
- 3.4. Market Trends
- 3.4.1. Onshore Segment to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Production Analysis
- 5.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 5.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 5.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 5.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 5.6. Market Analysis, Insights and Forecast - by Region
- 5.6.1. North America
- 5.6.2. South America
- 5.6.3. Europe
- 5.6.4. Middle East & Africa
- 5.6.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Production Analysis
- 6. North America US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Production Analysis
- 6.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 6.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 6.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 6.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 6.1. Market Analysis, Insights and Forecast - by Production Analysis
- 7. South America US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Production Analysis
- 7.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 7.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 7.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 7.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 7.1. Market Analysis, Insights and Forecast - by Production Analysis
- 8. Europe US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Production Analysis
- 8.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 8.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 8.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 8.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 8.1. Market Analysis, Insights and Forecast - by Production Analysis
- 9. Middle East & Africa US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Production Analysis
- 9.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 9.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 9.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 9.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 9.1. Market Analysis, Insights and Forecast - by Production Analysis
- 10. Asia Pacific US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Production Analysis
- 10.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 10.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 10.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 10.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 10.1. Market Analysis, Insights and Forecast - by Production Analysis
- 11. Northeast US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 12. Southeast US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 13. Midwest US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 14. Southwest US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 15. West US Oil & Gas Upstream Market Analysis, Insights and Forecast, 2019-2031
- 16. Competitive Analysis
- 16.1. Global Market Share Analysis 2024
- 16.2. Company Profiles
- 16.2.1 ExxonMobil
- 16.2.1.1. Overview
- 16.2.1.2. Products
- 16.2.1.3. SWOT Analysis
- 16.2.1.4. Recent Developments
- 16.2.1.5. Financials (Based on Availability)
- 16.2.2 Chevron
- 16.2.2.1. Overview
- 16.2.2.2. Products
- 16.2.2.3. SWOT Analysis
- 16.2.2.4. Recent Developments
- 16.2.2.5. Financials (Based on Availability)
- 16.2.3 BP
- 16.2.3.1. Overview
- 16.2.3.2. Products
- 16.2.3.3. SWOT Analysis
- 16.2.3.4. Recent Developments
- 16.2.3.5. Financials (Based on Availability)
- 16.2.4 Shell
- 16.2.4.1. Overview
- 16.2.4.2. Products
- 16.2.4.3. SWOT Analysis
- 16.2.4.4. Recent Developments
- 16.2.4.5. Financials (Based on Availability)
- 16.2.5 Valero Energy
- 16.2.5.1. Overview
- 16.2.5.2. Products
- 16.2.5.3. SWOT Analysis
- 16.2.5.4. Recent Developments
- 16.2.5.5. Financials (Based on Availability)
- 16.2.6 Saudi Aramco
- 16.2.6.1. Overview
- 16.2.6.2. Products
- 16.2.6.3. SWOT Analysis
- 16.2.6.4. Recent Developments
- 16.2.6.5. Financials (Based on Availability)
- 16.2.1 ExxonMobil
List of Figures
- Figure 1: Global US Oil & Gas Upstream Market Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: United states US Oil & Gas Upstream Market Revenue (Million), by Country 2024 & 2032
- Figure 3: United states US Oil & Gas Upstream Market Revenue Share (%), by Country 2024 & 2032
- Figure 4: North America US Oil & Gas Upstream Market Revenue (Million), by Production Analysis 2024 & 2032
- Figure 5: North America US Oil & Gas Upstream Market Revenue Share (%), by Production Analysis 2024 & 2032
- Figure 6: North America US Oil & Gas Upstream Market Revenue (Million), by Consumption Analysis 2024 & 2032
- Figure 7: North America US Oil & Gas Upstream Market Revenue Share (%), by Consumption Analysis 2024 & 2032
- Figure 8: North America US Oil & Gas Upstream Market Revenue (Million), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 9: North America US Oil & Gas Upstream Market Revenue Share (%), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 10: North America US Oil & Gas Upstream Market Revenue (Million), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 11: North America US Oil & Gas Upstream Market Revenue Share (%), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 12: North America US Oil & Gas Upstream Market Revenue (Million), by Price Trend Analysis 2024 & 2032
- Figure 13: North America US Oil & Gas Upstream Market Revenue Share (%), by Price Trend Analysis 2024 & 2032
- Figure 14: North America US Oil & Gas Upstream Market Revenue (Million), by Country 2024 & 2032
- Figure 15: North America US Oil & Gas Upstream Market Revenue Share (%), by Country 2024 & 2032
- Figure 16: South America US Oil & Gas Upstream Market Revenue (Million), by Production Analysis 2024 & 2032
- Figure 17: South America US Oil & Gas Upstream Market Revenue Share (%), by Production Analysis 2024 & 2032
- Figure 18: South America US Oil & Gas Upstream Market Revenue (Million), by Consumption Analysis 2024 & 2032
- Figure 19: South America US Oil & Gas Upstream Market Revenue Share (%), by Consumption Analysis 2024 & 2032
- Figure 20: South America US Oil & Gas Upstream Market Revenue (Million), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 21: South America US Oil & Gas Upstream Market Revenue Share (%), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 22: South America US Oil & Gas Upstream Market Revenue (Million), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 23: South America US Oil & Gas Upstream Market Revenue Share (%), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 24: South America US Oil & Gas Upstream Market Revenue (Million), by Price Trend Analysis 2024 & 2032
- Figure 25: South America US Oil & Gas Upstream Market Revenue Share (%), by Price Trend Analysis 2024 & 2032
- Figure 26: South America US Oil & Gas Upstream Market Revenue (Million), by Country 2024 & 2032
- Figure 27: South America US Oil & Gas Upstream Market Revenue Share (%), by Country 2024 & 2032
- Figure 28: Europe US Oil & Gas Upstream Market Revenue (Million), by Production Analysis 2024 & 2032
- Figure 29: Europe US Oil & Gas Upstream Market Revenue Share (%), by Production Analysis 2024 & 2032
- Figure 30: Europe US Oil & Gas Upstream Market Revenue (Million), by Consumption Analysis 2024 & 2032
- Figure 31: Europe US Oil & Gas Upstream Market Revenue Share (%), by Consumption Analysis 2024 & 2032
- Figure 32: Europe US Oil & Gas Upstream Market Revenue (Million), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 33: Europe US Oil & Gas Upstream Market Revenue Share (%), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 34: Europe US Oil & Gas Upstream Market Revenue (Million), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 35: Europe US Oil & Gas Upstream Market Revenue Share (%), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 36: Europe US Oil & Gas Upstream Market Revenue (Million), by Price Trend Analysis 2024 & 2032
- Figure 37: Europe US Oil & Gas Upstream Market Revenue Share (%), by Price Trend Analysis 2024 & 2032
- Figure 38: Europe US Oil & Gas Upstream Market Revenue (Million), by Country 2024 & 2032
- Figure 39: Europe US Oil & Gas Upstream Market Revenue Share (%), by Country 2024 & 2032
- Figure 40: Middle East & Africa US Oil & Gas Upstream Market Revenue (Million), by Production Analysis 2024 & 2032
- Figure 41: Middle East & Africa US Oil & Gas Upstream Market Revenue Share (%), by Production Analysis 2024 & 2032
- Figure 42: Middle East & Africa US Oil & Gas Upstream Market Revenue (Million), by Consumption Analysis 2024 & 2032
- Figure 43: Middle East & Africa US Oil & Gas Upstream Market Revenue Share (%), by Consumption Analysis 2024 & 2032
- Figure 44: Middle East & Africa US Oil & Gas Upstream Market Revenue (Million), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 45: Middle East & Africa US Oil & Gas Upstream Market Revenue Share (%), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 46: Middle East & Africa US Oil & Gas Upstream Market Revenue (Million), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 47: Middle East & Africa US Oil & Gas Upstream Market Revenue Share (%), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 48: Middle East & Africa US Oil & Gas Upstream Market Revenue (Million), by Price Trend Analysis 2024 & 2032
- Figure 49: Middle East & Africa US Oil & Gas Upstream Market Revenue Share (%), by Price Trend Analysis 2024 & 2032
- Figure 50: Middle East & Africa US Oil & Gas Upstream Market Revenue (Million), by Country 2024 & 2032
- Figure 51: Middle East & Africa US Oil & Gas Upstream Market Revenue Share (%), by Country 2024 & 2032
- Figure 52: Asia Pacific US Oil & Gas Upstream Market Revenue (Million), by Production Analysis 2024 & 2032
- Figure 53: Asia Pacific US Oil & Gas Upstream Market Revenue Share (%), by Production Analysis 2024 & 2032
- Figure 54: Asia Pacific US Oil & Gas Upstream Market Revenue (Million), by Consumption Analysis 2024 & 2032
- Figure 55: Asia Pacific US Oil & Gas Upstream Market Revenue Share (%), by Consumption Analysis 2024 & 2032
- Figure 56: Asia Pacific US Oil & Gas Upstream Market Revenue (Million), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 57: Asia Pacific US Oil & Gas Upstream Market Revenue Share (%), by Import Market Analysis (Value & Volume) 2024 & 2032
- Figure 58: Asia Pacific US Oil & Gas Upstream Market Revenue (Million), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 59: Asia Pacific US Oil & Gas Upstream Market Revenue Share (%), by Export Market Analysis (Value & Volume) 2024 & 2032
- Figure 60: Asia Pacific US Oil & Gas Upstream Market Revenue (Million), by Price Trend Analysis 2024 & 2032
- Figure 61: Asia Pacific US Oil & Gas Upstream Market Revenue Share (%), by Price Trend Analysis 2024 & 2032
- Figure 62: Asia Pacific US Oil & Gas Upstream Market Revenue (Million), by Country 2024 & 2032
- Figure 63: Asia Pacific US Oil & Gas Upstream Market Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 3: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 4: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 5: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 6: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 7: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Country 2019 & 2032
- Table 9: Northeast US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Southeast US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Midwest US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Southwest US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: West US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 15: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 16: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 17: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 18: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 19: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Country 2019 & 2032
- Table 20: United States US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Canada US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Mexico US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 24: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 25: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 26: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 27: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 28: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Country 2019 & 2032
- Table 29: Brazil US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 30: Argentina US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: Rest of South America US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 33: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 34: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 35: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 36: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 37: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Country 2019 & 2032
- Table 38: United Kingdom US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 39: Germany US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: France US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 41: Italy US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Spain US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 43: Russia US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Benelux US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 45: Nordics US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Rest of Europe US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 47: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 48: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 49: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 50: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 51: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 52: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Country 2019 & 2032
- Table 53: Turkey US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Israel US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 55: GCC US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: North Africa US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 57: South Africa US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 58: Rest of Middle East & Africa US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 59: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 60: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 61: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 62: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 63: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 64: Global US Oil & Gas Upstream Market Revenue Million Forecast, by Country 2019 & 2032
- Table 65: China US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 66: India US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 67: Japan US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 68: South Korea US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 69: ASEAN US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 70: Oceania US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 71: Rest of Asia Pacific US Oil & Gas Upstream Market Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the US Oil & Gas Upstream Market?
The projected CAGR is approximately 2.30%.
2. Which companies are prominent players in the US Oil & Gas Upstream Market?
Key companies in the market include ExxonMobil , Chevron , BP, Shell , Valero Energy , Saudi Aramco.
3. What are the main segments of the US Oil & Gas Upstream Market?
The market segments include Production Analysis, Consumption Analysis, Import Market Analysis (Value & Volume), Export Market Analysis (Value & Volume), Price Trend Analysis.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
4.; Reduction in the Cost of the Drilling Rigs4.; Increasing Discovery of New Oil and Gas Fields Along with Rising Investment in the Sector.
6. What are the notable trends driving market growth?
Onshore Segment to Dominate the Market.
7. Are there any restraints impacting market growth?
4.; Volatility in Oil Prices Along with Comparitively Higher Production Costs.
8. Can you provide examples of recent developments in the market?
January 2023: Transocean Ltd announced contract awards or extensions for five drilling rigs. Together the fixtures represent approximately USD 488 million of firm backlog. Deepwater Invictus, an ultra-deepwater drillship, awarded a new three-well contract with an expected 100-day duration in the U.S. Gulf of Mexico with an independent operator. The contract contributes an estimated USD 43 million in backlog and is expected to commence in direct continuation of the rig's current program.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "US Oil & Gas Upstream Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the US Oil & Gas Upstream Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the US Oil & Gas Upstream Market?
To stay informed about further developments, trends, and reports in the US Oil & Gas Upstream Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence