NAICS Code 213111-08 - Drilling Companies

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 213111 - Drilling Oil and Gas Wells - 1,071 companies, 12,907 emails.

NAICS Code 213111-08 Description (8-Digit)

Drilling Companies are businesses that specialize in drilling wells for oil and gas exploration. These companies use specialized equipment and techniques to drill into the earth's surface and extract natural resources. Drilling Companies are responsible for the initial drilling process, which involves drilling a hole into the ground to access the oil or gas reserves. They also play a crucial role in maintaining and repairing drilling equipment, ensuring that the drilling process runs smoothly and efficiently.

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 213111 page

Tools

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

  • Drill Bits
  • Mud Pumps
  • Blowout Preventers
  • Casing Running Tools
  • Cementing Equipment
  • Drilling Fluids
  • Downhole Tools
  • Fishing Tools
  • Logging Tools
  • Perforating Guns
  • Rotary Tables
  • Top Drives
  • Wellhead Equipment
  • Wireline Tools

Industry Examples of Drilling Companies

Common products and services typical of NAICS Code 213111-08, illustrating the main business activities and contributions to the market.

  • Offshore Drilling Companies
  • Onshore Drilling Companies
  • Directional Drilling Companies
  • Horizontal Drilling Companies
  • Deepwater Drilling Companies
  • Shale Drilling Companies
  • Coalbed Methane Drilling Companies
  • Geothermal Drilling Companies
  • Arctic Drilling Companies
  • Oil Sands Drilling Companies

History

A concise historical narrative of NAICS Code 213111-08 covering global milestones and recent developments within the United States.

  • The drilling industry has a long and rich history dating back to ancient times. The Chinese were the first to use bamboo poles to drill for saltwater in 347 AD. In the 19th century, the first modern drilling rig was invented in Pennsylvania, USA, which led to the discovery of oil. The industry continued to grow and expand throughout the 20th century, with advancements in technology and drilling techniques. In recent years, the industry has faced challenges due to the fluctuation of oil prices, environmental concerns, and the rise of renewable energy sources. However, drilling companies have adapted by implementing new technologies and exploring new markets, such as offshore drilling and shale gas. In the United States, the drilling industry has played a significant role in the country's economy and energy independence. The industry experienced a boom in the early 2000s due to the discovery of shale gas and oil reserves. However, the industry faced a downturn in 2014 due to the drop in oil prices. Despite this setback, the industry has shown resilience and has continued to innovate and adapt to changing market conditions. The use of hydraulic fracturing and horizontal drilling has allowed drilling companies to access previously inaccessible reserves, and the industry has expanded into new markets such as renewable energy and geothermal drilling. Overall, the drilling industry has a rich history of innovation and adaptation, and it will continue to play a vital role in the global energy landscape.