Oil Drilling & Gas Extraction in the US
IBISWorld, January 2013, Pages: 36
Natural growth: Rising oil and gas prices and strong global demand will support industry revenue
Oil Drilling & Gas Extraction in the US
Bubblin' crude
Despite a dip during the recession, the industry has experienced overall growth in the past five years. Currently, industry firms are acquiring natural gas wells in the expectation that natural gas prices will rise to meet demand from electricity generators and other downstream customers. During the next five years, industry performance will gain ground in response to rising oil and gas prices and higher levels of output. Increases in oil and gas prices are projected to occur on the back of sustained global economic growth as emerging economies grow rapidly and developing countries expand.
Firms 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 recovery of hydrocarbon liquids. Firms may operate oil and gas wells on their own account or for others on a contract or fee basis.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
MAJOR COMPANIES.
Exxon Mobil Corporation
Chevron Corporation
BP PLC
ConocoPhillips
Royal Dutch/Shell Group
Product Samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW5
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network