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U.S. Oil & Gas Infrastructure Market Trends

Report ID: GMI3013
Published Date: Dec 2024
Report Format: PDF

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U.S. Oil & Gas Infrastructure Market Trends

U.S. oil & gas infrastructure industry is set to grow owing to introduction of regulatory mandates for environmental protection, emissions reduction, and climate change mitigation leading to greater focus on implementing sustainable practices infrastructure development. Ongoing development of unconventional oil & gas resources along with favorable initiatives by the authorities, has accelerated production activities and necessitated infrastructure development to support the extraction, processing, and transportation of the resources.

For instance, as per the U.S. EIA reported in October 2024, in 2023, four hydrocarbon liquids pipeline projects were completed in the U.S., comprising three pipeline projects handling crude oil along with one hydrocarbon gas liquids project. Moreover, rising use of artificial intelligence and data analytics for predictive maintenance and resource optimization will complement the industry outlook.

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size for oil & gas infrastructure in U.S. reached USD 78.9 billion in 2024 and is set to grow at a 6.4% CAGR from 2025 to 2034, driven by rising energy demand and increasing shale oil and gas production.

The U.S. market is expected to reach USD 147.8 billion by 2034, supported by the development of extensive pipeline networks and infrastructure upgrades.

The Oil, Gas & NGL Pipelines segment is anticipated to surpass USD 41 billion by 2034, led by the expansion of natural gas pipelines and the development of new networks connecting production areas to consumption hubs and export facilities.

Key players include Baker Hughes, BP, Centrica, Chevron, ConocoPhillips, Energy Transfer, Enterprise Products Partners, ExxonMobil, Halliburton, Hatch, Kinder Morgan, NGL Energy Partners, Occidental Petroleum, ONEOK, Royal Vopak, Schlumberger, Shell, TotalEnergies, and Williams.