Investments in oil exploration and production (E&P) reached an estimated 540 billion U.S. dollars worldwide in 2019. Deepwater offshore investments accounted for an estimated 85 billion U.S. dollars of that total, having declined from a peak of 170 billion U.S. dollars in 2014. Meanwhile, returns on crude oil investments have decreased in recent years.
Estimated investment in oil exploration and production worldwide from 2010 to 2019, by segment
(in billion U.S. dollars)
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Statista. (June 11, 2020). Estimated investment in oil exploration and production worldwide from 2010 to 2019, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/688510/global-oil-exploration-and-production-investments-by-segment/
Statista. "Estimated investment in oil exploration and production worldwide from 2010 to 2019, by segment (in billion U.S. dollars)." Chart. June 11, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/688510/global-oil-exploration-and-production-investments-by-segment/
Statista. (2020). Estimated investment in oil exploration and production worldwide from 2010 to 2019, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/688510/global-oil-exploration-and-production-investments-by-segment/
Statista. "Estimated Investment in Oil Exploration and Production Worldwide from 2010 to 2019, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Jun 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/688510/global-oil-exploration-and-production-investments-by-segment/
Statista, Estimated investment in oil exploration and production worldwide from 2010 to 2019, by segment (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/688510/global-oil-exploration-and-production-investments-by-segment/ (last visited November 10, 2024)
Estimated investment in oil exploration and production worldwide from 2010 to 2019, by segment (in billion U.S. dollars) [Graph], Statista, June 11, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/688510/global-oil-exploration-and-production-investments-by-segment/
