Global Oil & Gas Exploration & Production - Number of Businesses (2005–2031)

B0531-GL Last Updated: November 2025

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100,677

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Global Oil & Gas Exploration & Production Number of Businesses in 2025
-6.1%

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 Global Oil & Gas Exploration & Production Number of Businesses Growth in 2025
-2.6%

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 Global Oil & Gas Exploration & Production Number of Businesses CAGR 2020-2025

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 Global Oil & Gas Exploration & Production Number of Businesses CAGR 2025-2030

Curious about what drives these trends? IBISWorld's Global Oil & Gas Exploration & Production Industry Report has got you covered.

Questions Clients Ask About This Industry

  • How many businesses are there in the Global Oil & Gas Exploration & Production in 2024?

    There was 107,271 Global Oil & Gas Exploration & Production businesses as of 2024, an decrease of -6.2% from 2023.

  • Has the number of Global Oil & Gas Exploration & Production businesses grown or declined over the past 5 years?

    The number of Global Oil & Gas Exploration & Production businesses has declined -6.2% per year on average over the five years between 2019 and 2024.

  • How many businesses are there in the Global Oil & Gas Exploration & Production in 2025?

    There is 100,677 Global Oil & Gas Exploration & Production businesses as of 2025, an decrease of -6.1% from 2024.

  • Has the number of Global Oil & Gas Exploration & Production businesses grown or declined over the past 5 years?

    The number of Global Oil & Gas Exploration & Production businesses has declined -2.6% per year on average over the five years between 2020 and 2025.

  • What is forecast business growth of Global Oil & Gas Exploration & Production over the next 5 years?

    See our full analysis of the Global Oil & Gas Exploration & Production to understand if the mumber of bussinesses is expected to grow or decline over the next five years.

  • What companies have the highest market share in the Global Oil & Gas Exploration & Production?

    The Global Oil & Gas Exploration & Production has low market share concentration and the largest business is The Saudi Arabian Oil Company.

  • What is forecast business growth of Global Oil & Gas Exploration & Production over the next 5 years?

    See our full analysis of the Global Oil & Gas Exploration & Production to understand if the mumber of bussinesses is expected to grow or decline over the next five years.

  • What companies have the highest market share in the Global Oil & Gas Exploration & Production?

    The Global Oil & Gas Exploration & Production has low market share concentration and the largest business is The Saudi Arabian Oil Company.

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