Upstream capital expenditure

Capital expenditure invested in oil and gas exploration, development, and production activities.

Unit billion USD Industry Oil and Gas

Records
3
Regions
2
Period
2026–2031
Sources
2
Verification 3 verified data points Updated 15 Sep 2026 Last verified 15 Sep 2026 Next update Sources typically refresh annually

The chart

By region

Each region's latest published value. Periods differ where publishers release on different schedules; the period sits under each name.

Upstream capital expenditure by region

Latest value per region, periods differ

2 entries · ranked

Forecast Estimate Latest available period per row; periods differ

Upstream capital expenditure by regionUpstream capital expenditure by region. 2 categories, highest is United States at 150 billion USD. Bars refer to different periods; each is labelled with its own. Venezuela 2026–2031 United States 2026 7 billion USD 150 billion USD
Upstream capital expenditure by regionUpstream capital expenditure by region. 2 categories, highest is United States at 150 billion USD. Bars refer to different periods; each is labelled with its own. Venezuela 2026–2031 United States 2026 7 billion USD 150 billion USD
Upstream capital expenditure by regionUpstream capital expenditure by region. 2 categories, highest is United States at 150 billion USD. Bars refer to different periods; each is labelled with its own. Venezuela 2026–2031 United States 2026 7 billion USD 150 billion USD
View the underlying data
Upstream capital expenditure by region
Category Period Source Type Value
United States 2026 API Estimate 150 billion USD
Venezuela 2026–2031 Chevron Forecast 7 billion USD
Source: API, Chevron · CC BY 4.0 · statorigin.org
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<p><a href="https://statorigin.org/indicators/upstream-capital-expenditure">Upstream capital expenditure by region</a> — data from StatOrigin, CC BY 4.0</p>
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Every record

All records

3 records · 2 regions · 2026–2031

Upstream capital expenditure: every record, grouped by region, newest first.
Period Value Source Type
United States 1 record
2026 150 billion USD API · 6 Aug 2026 estimate
Venezuela 2 records
2026–2031 7 billion USD Chevron · 2 Sep 2031 forecast
2026–2031 7 billion USD Chevron · 2 Sep 2031 forecast

Primary documents

Sources

3 documents. Each links to the publisher's own copy.

Cite & reuse

Cite this page

Data on this page is published under CC BY 4.0. You may reuse it, including commercially, provided you attribute it. To cite one figure, open its record: each carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Upstream capital expenditure. Retrieved from https://statorigin.org/indicators/upstream-capital-expenditure