US Oil and Gas Infrastructure Market Introduction 

The US oil and gas infrastructure market refers to the infrastructure and facilities required for the exploration, production, processing, transportation, and storage of oil and gas in the United States. This includes pipelines, refineries, storage tanks, processing plants, and terminals, among others. The US has one of the largest oil and gas industries in the world, with significant reserves of crude oil and natural gas. The country is also a major producer and exporter of these resources, making the development and maintenance of oil and gas infrastructure critical to the economy. The US oil and gas infrastructure market is highly regulated and subject to strict safety and environmental standards.

US Oil and Gas Infrastructure Market Size

The US oil and gas infrastructure market is one of the largest and most developed in the world. The market was valued at USD 32.4 billion in 2020 and is expected to reach USD 38.5 billion by 2027, growing at a compound annual growth rate (CAGR) of 2.5% during the forecast period.The growth of the market is driven by factors such as the increasing demand for oil and gas, the growing shale gas industry, and the need to replace aging infrastructure. The US has significant reserves of both crude oil and natural gas, and the development of new technologies, such as hydraulic fracturing, has led to increased production and demand. Additionally, the aging infrastructure in the US is in need of repair and replacement, providing further opportunities for growth in the market.However, the market also faces challenges such as increasing environmental concerns, regulations, and the emergence of alternative energy sources. Despite these challenges, the US oil and gas infrastructure market is expected to continue to grow in the coming years due to the importance of oil and gas to the US economy and the ongoing need for infrastructure to support the industry.

US Oil and Gas Infrastructure Market Share

The US oil and gas infrastructure market is highly competitive, with many companies operating in different segments of the market. Some of the key players in the market include:

Kinder Morgan

Enbridge

Enterprise Products Partners

Phillips 66

Plains All American Pipeline

Marathon Petroleum Corporation

Valero Energy Corporation

Williams Companies

Magellan Midstream Partners

Energy Transfer

The top five companies in the US oil and gas infrastructure market accounted for over 35% of the market share in 2019. The report also notes that the pipeline segment is expected to dominate the market, followed by the refinery segment.The market share of these companies can vary depending on the specific segment of the market being considered. For example, Kinder Morgan is a leading player in the pipeline segment, while Marathon Petroleum Corporation is a major player in the refinery segment. Overall, the US oil and gas infrastructure market is highly fragmented, with many companies competing for market share in different segments of the industry.

US Oil and Gas Infrastructure Market Trends

Some of the major trends in the US oil and gas infrastructure market include:

Increasing investment in pipeline infrastructure: The pipeline segment is expected to dominate the market, and there has been increasing investment in new pipeline projects and the expansion of existing pipelines to meet growing demand for oil and gas transportation.

Adoption of new technologies: The industry is adopting new technologies, such as advanced sensors, data analytics, and automation, to improve safety, efficiency, and reliability of infrastructure.

Focus on safety and environmental concerns: The industry is increasingly focused on safety and environmental concerns, with companies investing in measures to reduce the risk of accidents, leaks, and spills.

Shift towards renewable energy: The growth of renewable energy sources such as wind and solar power is leading to a shift away from fossil fuels, which could impact the future demand for oil and gas infrastructure.

Consolidation in the industry: The industry is experiencing consolidation, with mergers and acquisitions leading to larger companies with more resources and capabilities to compete in the market.

Use of natural gas as a bridge fuel: Natural gas is being used as a "bridge fuel" to transition away from coal and other fossil fuels towards renewable energy sources, leading to increased demand for natural gas infrastructure.

Overall, the US oil and gas infrastructure market is undergoing significant changes as the industry adapts to new technologies, safety and environmental concerns, and shifts in demand towards renewable energy sources.

US Oil and Gas Infrastructure Market Driving factors

Some of the major driving factors for the US oil and gas infrastructure market include:

Growing demand for energy: The US has a high demand for energy, with oil and gas accounting for a significant share of the country's energy consumption. As the population and economy continue to grow, the demand for energy is expected to increase, driving the need for more infrastructure.

Abundant domestic resources: The US has significant reserves of oil and natural gas, and advancements in technology have enabled the extraction of previously inaccessible reserves. This has led to a boom in domestic production, increasing the need for infrastructure to transport and store these resources.

Favorable regulatory environment: The US government has generally been supportive of the oil and gas industry, providing favorable regulatory policies and tax incentives to promote investment in infrastructure.

Growing exports: The US is becoming an increasingly important exporter of oil and gas, with exports expected to continue to grow in the coming years. This is driving the need for more infrastructure to transport these resources to ports for export.

Increased investment: The industry is attracting significant investment from both domestic and foreign companies, driving the development of new infrastructure projects.

Overall, these driving factors are contributing to the growth of the US oil and gas infrastructure market, with increasing demand, abundant resources, favorable policies, growing exports, and investment all playing a role.

US Oil and Gas Infrastructure Market Regional Analysis

Some of the major driving factors for the US oil and gas infrastructure market include:

Growing demand for energy: The US has a high demand for energy, with oil and gas accounting for a significant share of the country's energy consumption. As the population and economy continue to grow, the demand for energy is expected to increase, driving the need for more infrastructure.

Abundant domestic resources: The US has significant reserves of oil and natural gas, and advancements in technology have enabled the extraction of previously inaccessible reserves. This has led to a boom in domestic production, increasing the need for infrastructure to transport and store these resources.

Favorable regulatory environment: The US government has generally been supportive of the oil and gas industry, providing favorable regulatory policies and tax incentives to promote investment in infrastructure.

Growing exports: The US is becoming an increasingly important exporter of oil and gas, with exports expected to continue to grow in the coming years. This is driving the need for more infrastructure to transport these resources to ports for export.

Increased investment: The industry is attracting significant investment from both domestic and foreign companies, driving the development of new infrastructure projects.

Overall, these driving factors are contributing to the growth of the US oil and gas infrastructure market, with increasing demand, abundant resources, favorable policies, growing exports, and investment all playing a role.

US Oil and Gas Infrastructure Market Forecasts 2030 

The US oil and gas infrastructure market can be analyzed on a regional basis, with different areas of the country having unique characteristics and infrastructure needs.

Gulf Coast: The Gulf Coast region is the largest refining center in the US, with numerous refineries and petrochemical plants located along the coast. This region is also home to many offshore oil and gas platforms, making it a critical hub for energy production and transportation.

Midcontinent: The Midcontinent region includes states such as Oklahoma, Kansas, and Texas. This area is a major producer of oil and natural gas, with pipelines and storage facilities connecting to markets in other parts of the country.

Rockies: The Rockies region includes states such as Colorado, Montana, and Wyoming. This area is a major producer of natural gas, with pipelines and storage facilities transporting gas to other parts of the country.

Northeast: The Northeast region includes states such as Pennsylvania, New York, and Ohio. This area is home to the Marcellus and Utica shale formations, which have seen significant growth in natural gas production in recent years. The region is also a major market for natural gas, with pipelines connecting to other parts of the country and to export terminals.

West Coast: The West Coast region includes states such as California, Oregon, and Washington. This area is a major market for gasoline and diesel fuel, with numerous refineries and distribution terminals located along the coast. The region is also home to several liquefied natural gas (LNG) export facilities, which are expected to see growth in the coming years.

Overall, the US oil and gas infrastructure market is diverse and complex, with different regions having unique infrastructure needs and characteristics. The Gulf Coast, Midcontinent, Rockies, Northeast, and West Coast regions are all important hubs for energy production, transportation, and consumption, with infrastructure playing a critical role in connecting these different parts of the country.

US Oil and Gas Infrastructure Market Key Industry Players

The US oil and gas infrastructure market includes a wide range of companies involved in various aspects of energy production, transportation, and storage. Some key industry players include:

ExxonMobil: One of the largest oil and gas companies in the world, ExxonMobil is involved in exploration, production, refining, and marketing of petroleum products.

Chevron: Another major oil and gas company, Chevron is involved in exploration, production, refining, and marketing of petroleum products. The company also has a significant presence in natural gas, with production and transportation facilities in several regions of the US.

Kinder Morgan: One of the largest energy infrastructure companies in the US, Kinder Morgan owns and operates pipelines, terminals, and storage facilities for oil, natural gas, and other products. The company's infrastructure network spans across the US and Canada.

Enterprise Products Partners: Another major energy infrastructure company, Enterprise Products Partners owns and operates pipelines, terminals, and storage facilities for oil, natural gas, and other products. The company's network includes more than 50,000 miles of pipelines and numerous storage facilities.

Williams Companies: Williams Companies owns and operates pipelines, processing plants, and storage facilities for natural gas and natural gas liquids. The company's infrastructure network is primarily located in the Midcontinent and Northeast regions of the US.

Dominion Energy: Dominion Energy is a diversified energy company involved in natural gas transmission and storage, electricity generation and distribution, and renewable energy. The company owns and operates pipelines and storage facilities for natural gas and operates LNG export facilities.

Enbridge: Enbridge is a Canadian energy company with significant operations in the US. The company owns and operates pipelines and terminals for crude oil, natural gas, and other products, and is also involved in renewable energy.

Phillips 66: Phillips 66 is a refining and marketing company that also owns and operates pipelines and terminals for crude oil, natural gas, and other products. The company's infrastructure network includes pipelines and storage facilities in several regions of the US.

These are just a few examples of the many companies involved in the US oil and gas infrastructure market, with others including ConocoPhillips, Valero Energy, and Magellan Midstream Partners, among others.