Oil & Gas Producers

Oil & Gas Producers

Overview

The 5,600 oil and gas producers in the US sell crude petroleum and natural gas from on-shore and off-shore wells to refineries, energy brokers, and other energy companies. Industry revenue is about evenly split between crude petroleum and natural gas.

Oil and Gas Price Volatility

Large decreases in oil and gas prices have repercussions for producers.

Expansion Of Unconvential Sources

The costs and hazards of transporting natural gas over long distances by ship dictate that the US’s primary sources of natural gas be domestic.