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Oil & Gas Extraction in the US - Market Size (2021-2031)
The market size of the Oil & Gas Extraction industry in the US is $xx.xx, which is expected to decline at xx% over the next five years. Companies in this industry operate and develop oil and gas field properties. Activities include the exploration and production of crude petroleum; the mining and extraction of oil from oil shale and oil sands; the exploration and production of natural gas; sulfur recovery from natural gas; and the recovery of hydrocarbon liquids. Companies may operate oil and gas wells on their own account or for others on a contract or fee basis.
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Market Size
Total value ($) and annual change from 2012 – 2030.
Revenue
$XX
2021-2026 XX%
2026-2031 XX%
Employees
XX
2021-2026 XX%
2026-2031 XX%
Businesses
XX
2021-2026 XX%
2026-2031 XX%
Profit
$XX
2021-2026 XX%
Profit Margin
XX%
2021-2026 XX%
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Related Industries
| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Oil & Gas Field Services in the US |
|
XX% | XX% | $XX |
| Petroleum Refining in the US |
|
XX% | XX% | $XX |
| Petrochemical Manufacturing in the US |
|
XX% | XX% | $XX |
| Industrial Gas Production in the US |
|
XX% | XX% | $XX |
| Global Oil & Gas Exploration & Production |
|
XX% | XX% | $XX |
| Oil & Gas Extraction in Canada |
|
XX% | XX% | $XX |
| Oil & Gas Extraction in Australia |
|
XX% | XX% | $XX |
| Oil & Gas Extraction in New Zealand |
|
XX% | XX% | $XX |
| Crude Petroleum & Natural Gas Extraction in the UK |
|
XX% | XX% | $XX |
| Oil & Gas Drilling in China |
|
XX% | XX% | $XX |
| Oil & Gas Extraction in Mexico |
|
XX% | XX% | $XX |
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Frequently Asked Questions
What was the market size of the Oil & Gas Extraction in the US in 2026?
The market size of the Oil & Gas Extraction in the US is $598.7bn in 2026.
What is the growth rate of the Oil & Gas Extraction in the US in 2026?
The market size of the Oil & Gas Extraction in the US increased 19.0% in 2026.
Has the Oil & Gas Extraction in the US grown or declined over the past 5 years?
The market size of the Oil & Gas Extraction in the US has grown at a 2.9% CAGR between 2021 and 2026.
Is the Oil & Gas Extraction in the US expected to grow or decline over the next five years?
See our full analysis of the Oil & Gas Extraction in the US to understand if the industry market size is expected to grow or decline over the next five years.
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