B06 · Oil and Gas · Global

Upstream oil and gas capital expenditure growth

Global: -25% in 2016, +0.0 pp on 2015. IEA projects 4% for 2019.

  • -25% Latest · Global · 2016
  • +0.0 pp vs 2015
  • Annual Release cadence
  • 3 Records · 1 region · 2015–2019

Verified 15 Sep 2026 · 1 publisher · Next period 2017

Over time

Global over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Fig 1 · B06 · Global Annual

Upstream oil and gas capital expenditure growth

Global, 2015 to 2019

3 observations · 2015 to 2019

Forecast: dashed line, hollow markers, shaded band

Upstream oil and gas capital expenditure growthUpstream oil and gas capital expenditure growth. 3 observations from 2015 to 2019, ranging from -25% to 4%, of which 1 are forecasts. Latest value 4% (2019). % -30 -20 -10 0 10 2015 2016 2017 2018 2019 FORECAST -25% 4%
Upstream oil and gas capital expenditure growthUpstream oil and gas capital expenditure growth. 3 observations from 2015 to 2019, ranging from -25% to 4%, of which 1 are forecasts. Latest value 4% (2019). % -30 -20 -10 0 10 2015 2016 2017 2018 2019 FORECAST -25% 4%
Upstream oil and gas capital expenditure growthUpstream oil and gas capital expenditure growth. 3 observations from 2015 to 2019, ranging from -25% to 4%, of which 1 are forecasts. Latest value 4% (2019). % -30 -20 -10 0 10 2015 2016 2017 2018 2019 FORECAST -25% 4%
View the underlying data
Upstream oil and gas capital expenditure growth
Period Type Value
2015 Actual -25%
2016 Actual -25%
2019 Forecast 4%
Source: IEA · percent · CC BY 4.0 · statorigin.org

Forecasts are dashed, with hollow markers.

Every record

3 records · 1 region · 2015–2019. Each period links to its record: the value, its source evidence and original document.

Upstream oil and gas capital expenditure growth: every record, grouped by region, newest first.
Period Value Source Type
Global 3 records
2019 4% IEA · 31 Dec 2019 forecast
2016 -25% IEA · 31 Dec 2016
2015 -25% IEA · 31 Dec 2015

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How this measure is built

Definition
Annual percentage change in capital expenditures for upstream oil and gas exploration and production.
Measure
One slice of Capital investment ( form: growth, segment: upstream ) . Total monetary funds invested in capital assets, facilities, or infrastructure. Region and period are columns on every record, not slices.
Limitations
1 figure is a projection, drawn dashed and labelled in the table. Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
Verification
Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.

Sources · 2 documents

Document Publisher Published Data points
Market Report Series: Oil 2019 IEA — 1
Market Report Series: Oil 2018 IEA — 2

Other slices of capital investment

Frequently asked questions

What is the latest upstream oil and gas capital expenditure growth?

Global: -25% in 2016, +0.0 pp on 2015. IEA projects 4% for 2019.

Where does this data come from?

From 2 documents published by IEA. Every figure on this page links to its record, which preserves the original source evidence.

How often is it updated?

Annual. The newest published period is 2016; the next release should cover 2017. A new figure appears here once the publisher releases it and it passes verification.

Can I use this data?

Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.

Cite this page

Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Upstream oil and gas capital expenditure growth [Data set]. Retrieved October 28, 2026, from https://statorigin.org/indicators/upstream-oil-and-gas-capital-expenditure-growth

"Upstream oil and gas capital expenditure growth." StatOrigin, 2026, https://statorigin.org/indicators/upstream-oil-and-gas-capital-expenditure-growth. Accessed 28 Oct. 2026.

StatOrigin. "Upstream oil and gas capital expenditure growth." Data set, 2026. Accessed October 28, 2026. https://statorigin.org/indicators/upstream-oil-and-gas-capital-expenditure-growth.

@misc{statorigin_upstream_oil_and_gas_capital_expenditure_growth_2026, title = {Upstream oil and gas capital expenditure growth}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/upstream-oil-and-gas-capital-expenditure-growth}, note = {Data set. Accessed 2026-10-28} }