Shell spent some 1.87 billion U.S. dollars on exploration activities in 2024. This was slightly more than the previous year. By comparison, the peak was recorded in 2013, at nearly 5.3 billion U.S. dollars. Shell is one of the top oil and gas companies worldwide, operating in every segment of the oil and gas industry.
Exploration expenses of Shell from 2010 to 2024
(in million U.S. dollars)
Characteristic
Costs in million U.S. dollars
2024
1,866
2023
1,750
2022
1,712
2021
1,423
2020
1,747
2019
2,354
2018
1,340
2017
1,945
2016
2,108
2015
1,290
2014
1,439
2013
5,278
2012
3,104
01,0002,0003,0004,0005,0006,000
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Shell. (March 25, 2025). Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 01, 2025, from https://www.statista.com/statistics/260318/exploration-costs-of-shell/
Shell. "Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars)." Chart. March 25, 2025. Statista. Accessed June 01, 2025. https://www.statista.com/statistics/260318/exploration-costs-of-shell/
Shell. (2025). Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 01, 2025. https://www.statista.com/statistics/260318/exploration-costs-of-shell/
Shell. "Exploration Expenses of Shell from 2010 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Mar 2025, https://www.statista.com/statistics/260318/exploration-costs-of-shell/
Shell, Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/260318/exploration-costs-of-shell/ (last visited June 01, 2025)
Exploration expenses of Shell from 2010 to 2024 (in million U.S. dollars) [Graph], Shell, March 25, 2025. [Online]. Available: https://www.statista.com/statistics/260318/exploration-costs-of-shell/
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