Oil Drilling & Gas Extraction in the US - Market Size (2005–2031)
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$484.6bn
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Oil Drilling & Gas Extraction in the US Market Size in 2025 |
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-0.9%
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Oil Drilling & Gas Extraction in the US Market Size Growth in 2025 |
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9.5%
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Oil Drilling & Gas Extraction in the US Market Size CAGR 2020-2025 |
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Oil Drilling & Gas Extraction in the US Market Size CAGR 2025-2030 |
Curious about what drives these trends? IBISWorld's Oil Drilling & Gas Extraction in the US Industry Report has got you covered.
Questions Clients Ask About This Industry
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What was the market size of the Oil Drilling & Gas Extraction in the US in 2024?
The market size of the Oil Drilling & Gas Extraction in the US was $488.9bn in 2024.
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What was the growth rate of the Oil Drilling & Gas Extraction in the US in 2024?
The market size of the Oil Drilling & Gas Extraction in the US decreased -5.4% in 2024.
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Has the Oil Drilling & Gas Extraction in the US grown or declined over the past 5 years?
The market size of the Oil Drilling & Gas Extraction in the US has declined at a -5.4% CAGR between 2019 and 2024.
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Is the Oil Drilling & Gas Extraction in the US expected to grow or decline over the next five years?
See our full analysis of the Oil Drilling & Gas Extraction in the US to understand if the industry market size is expected to grow or decline over the next five years.
Businessess Related to Oil Drilling & Gas Extraction in the US
Market Size
- Oil & Gas Field Services in the US - Market Size
- Petroleum Refining in the US - Market Size
- Petrochemical Manufacturing in the US - Market Size
- Oxygen & Hydrogen Gas Manufacturing in the US - Market Size
Number of Businesses
- Oil & Gas Field Services in the US - Number of Businesses
- Petroleum Refining in the US - Number of Businesses
- Petrochemical Manufacturing in the US - Number of Businesses
- Oxygen & Hydrogen Gas Manufacturing in the US - Number of Businesses
Employment
- Oil & Gas Field Services in the US - Employment
- Petroleum Refining in the US - Employment
- Petrochemical Manufacturing in the US - Employment
- Oxygen & Hydrogen Gas Manufacturing in the US - Employment
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