NAICS Code 211120-05 - Oil Operators

Marketing Level - NAICS 8-Digit

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NAICS CODE 211120-05
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Looking for more companies? See NAICS 211120 - Crude Petroleum Extraction  - 3,722 companies, 39,541 emails.

NAICS Code 211120-05 Description (8-Digit)

Oil Operators are companies that specialize in the extraction of crude petroleum from the earth. This industry involves the exploration, drilling, and production of oil from underground reservoirs. Oil Operators are responsible for managing the entire process of oil extraction, from locating oil reserves to transporting the extracted oil to refineries. They work in a variety of locations, including onshore and offshore oil fields, and use specialized equipment and techniques to extract oil from the ground.

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 Operators industry for day-to-day tasks and operations.

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

Industry Examples of Oil Operators

Common products and services typical of NAICS Code 211120-05, illustrating the main business activities and contributions to the market.

  • Offshore drilling
  • Oilfield services
  • Oil exploration
  • Oil production
  • Oil transportation
  • Oilfield equipment manufacturing
  • Oilfield maintenance
  • Oilfield waste management
  • Oilfield safety services
  • Oilfield training and education

History

A concise historical narrative of NAICS Code 211120-05 covering global milestones and recent developments within the United States.

  • The "Oil Operators" industry has a long and rich history dating back to the mid-19th century when the first commercial oil well was drilled in Pennsylvania. The industry has since grown to become a vital part of the global economy, with major advancements in technology and exploration techniques leading to the discovery of new oil reserves around the world. Notable milestones in the industry's history include the development of offshore drilling platforms in the 1930s, the creation of the Organization of the Petroleum Exporting Countries (OPEC) in 1960, and the introduction of hydraulic fracturing (fracking) in the 2000s. In the United States, the industry has faced numerous challenges, including the oil embargo of the 1970s, the Deepwater Horizon oil spill in 2010, and the recent decline in oil prices due to oversupply and decreased demand.