NAICS Code 211120-04 - Oil Companies

Marketing Level - NAICS 8-Digit

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Total Verified Companies: 223
Contact Emails: 2,545
Company Websites: 100
Phone Numbers: 160
Business Addresses: 223
Companies with Email: 74
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NAICS CODE 211120-04
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Looking for more companies? See NAICS 211120 - Crude Petroleum Extraction  - 3,722 companies, 39,541 emails.

NAICS Code 211120-04 Description (8-Digit)

Oil Companies are businesses that are involved in the exploration, extraction, refining, and distribution of crude oil and petroleum products. These companies are responsible for the production of oil and gas, which are essential resources for the global economy. Oil Companies operate in a highly competitive and regulated industry, with a focus on maximizing profits while minimizing environmental impact.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 211120 page

Tools

Tools commonly used in the Oil Companies industry for day-to-day tasks and operations.

  • Drilling rigs
  • Wellhead equipment
  • Mud pumps
  • Blowout preventers
  • Casing and tubing
  • Downhole tools
  • Artificial lift systems
  • Oilfield trucks and trailers
  • Oilfield cranes
  • Oilfield generators

Industry Examples of Oil Companies

Common products and services typical of NAICS Code 211120-04, illustrating the main business activities and contributions to the market.

  • Offshore drilling
  • Oilfield services
  • Oil refining
  • Oil transportation
  • Oil and gas exploration
  • Oil and gas production
  • Oil and gas trading
  • Oil and gas marketing
  • Oil and gas storage
  • Oil and gas distribution

History

A concise historical narrative of NAICS Code 211120-04 covering global milestones and recent developments within the United States.

  • The "Oil Companies" industry has a long and rich history dating back to the mid-19th century when the first commercial oil well was drilled in Pennsylvania, USA. The industry has since grown to become a global powerhouse, with major players such as ExxonMobil, BP, and Royal Dutch Shell dominating the market. Notable advancements in the industry include the development of offshore drilling technology, the creation of the petrochemical industry, and the discovery of new oil reserves in previously untapped regions such as the Middle East. In recent history, the industry has faced challenges such as the 1970s oil crisis, which led to a shift towards alternative energy sources, and the 2010 Deepwater Horizon oil spill, which highlighted the environmental risks associated with oil extraction. Despite these challenges, the industry remains a vital component of the global economy. In the United States, the "Oil Companies" industry has a similarly rich history, with the first commercial oil well being drilled in Titusville, Pennsylvania in 1859. The industry grew rapidly in the early 20th century, with the development of the automobile leading to increased demand for gasoline. The industry faced challenges during the Great Depression and World War II, but rebounded in the post-war period with the growth of the suburban lifestyle and the construction of the interstate highway system. In recent years, the industry has faced increased scrutiny over its environmental impact, with concerns over air and water pollution, as well as the impact of climate change. Despite these challenges, the industry remains a major contributor to the US economy, providing jobs and energy security for millions of Americans.