The Oil & Gas Industry in United States of America registered Total production of 32,789,949.18 boed in 2020
The indicator recorded a historical growth (CAGR) of 8.74% between 2017 to 2020, and is expected to decline by ...
GlobalData projects the indicator to grow ...
Oil and Gas Projects in the US
The US is expected to witness a large number of projects to commence operations during the period 2022–2026. Out of these, midstream projects would be the highest, followed by upstream projects and petrochemical projects respectively.
Point Thomson Expansion, a key upstream production project during this period, would start operations. Midstream projects would constitute more than half of all oil and gas projects in the US during the period 2022–2026. Driftwood Phase I is a key midstream LNG liquefaction project. Other key midstream projects include:
Downstream and petrochemicals projects together constitute about a major share of all upcoming oil and gas projects in the US during 2022–2026. While Beaumont CDU Expansion (BLADE) refinery is a key downstream project, the Chevron Phillips Chemical Qatar Petroleum Jv Orange Ethylene Plant is a major petrochemicals project during this period.
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