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2012 report on the $290 billion US oil & gas exploration & production industry

Friday, Nov 09, 2012

Research and Markets ( has announced the addition of the "Oil & Gas Exploration & Production" report to their offering.

The US oil and gas exploration and production industry consists of about 5,000 companies with combined annual revenue of about $290 billion. Major companies include Anadarko Petroleum, Apache Corporation, ConocoPhillips, Devon Energy, and Marathon Oil, along with the exploration and production divisions of integrated companies such as Exxon Mobil and Chevron.

The largest oil producing countries are Russia, Saudi Arabia, and the US. The largest natural gas producers are the US, Russia, and Canada. Major oil and gas companies outside the US include LUKOIL and Gazprom (headquartered in Russia); Saudi Aramco (Saudi Arabia); Royal Dutch Shell (The Netherlands); BP (UK); National Iranian Oil Company (Iran); China National Petroleum Corporation (China); and PETROBRAS (Brazil).

Petroleum refining, petroleum wholesale distribution, and retailing (fuel oil and LP gas dealers and gas stations) are covered in separate industry profiles.

Source: Business Wire

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