Quarterly capital spending: Oil and gas industries, fourth quarter 2017
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Released: 2018-03-02
Capital expenditures for the oil and gas extraction industries, including exploration and evaluation, rose 23.5% from the fourth quarter of 2016 to $12.1 billion in the fourth quarter of 2017. For the full year, capital spending totalled $43.0 billion in 2017, up 13.0% over 2016.
Note to readers
Data are not seasonally adjusted.
Revised capital expenditure data for the oil and gas extraction industries will be published in June.
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