Tools commonly used in the Oil & Gas Services industry for day-to-day tasks and operations.

• Drilling rigs
• Mud pumps
• Blowout preventers
• Casing running tools
• Cementing equipment
• Wellhead equipment
• Coiled tubing units
• Wireline units
• Hydraulic fracturing equipment
• Nitrogen units

Common products and services typical of NAICS Code 213111-09, illustrating the main business activities and contributions to the market.

• Well testing services
• Well logging services
• Well completion services
• Well stimulation services
• Oil and gas pipeline construction
• Oil and gas field exploration services
• Oil and gas field support services
• Oil and gas well cementing services
• Oil and gas well drilling services
• Oil and gas well perforating services

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• API Spec Q1: This certification is required for companies that provide quality management systems for the oil and gas industry. It is provided by the American Petroleum Institute.
• OSHA 30-Hour General Industry Training: This certification is required for workers in the oil and gas industry to ensure they have the necessary knowledge and skills to work safely. It is provided by the Occupational Safety and Health Administration.
• HAZWOPER: This certification is required for workers who are exposed to hazardous waste operations and emergency response situations. It is provided by the Occupational Safety and Health Administration.
• IADC Wellsharp: This certification is required for individuals who are involved in drilling operations. It is provided by the International Association of Drilling Contractors.
• NCCER Core Curriculum: This certification is required for workers in the oil and gas industry to ensure they have the necessary knowledge and skills to work safely. It is provided by the National Center for Construction Education and Research.

A concise historical narrative of NAICS Code 213111-09 covering global milestones and recent developments within the United States.

• The Oil & Gas Services industry has a long and rich history dating back to the mid-19th century when the first oil well was drilled in Pennsylvania. Since then, the industry has undergone significant changes and advancements, including the development of new drilling techniques, the discovery of new oil and gas reserves, and the expansion of the industry to new regions around the world. In recent years, the industry has faced challenges such as declining oil prices, increased competition, and growing concerns over environmental sustainability. However, the industry has also seen notable advancements in technology, including the use of hydraulic fracturing and horizontal drilling, which have enabled the extraction of previously inaccessible oil and gas reserves. In the United States, the Oil & Gas Services industry has played a significant role in the country's economy and energy security. The industry has experienced periods of growth and decline, with notable milestones including the discovery of the Spindletop oil field in Texas in 1901, the development of offshore drilling in the Gulf of Mexico in the 1950s, and the shale revolution of the 2000s. The industry has also faced challenges such as the Deepwater Horizon oil spill in 2010, which led to increased regulation and scrutiny of the industry. Despite these challenges, the industry has continued to innovate and adapt to changing market conditions, and remains a vital part of the US economy.

The anticipated future trajectory of the NAICS 213111-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Oil & Gas Services industry in the USA is positive, with an expected growth rate of 3.5% over the next five years. The industry is expected to benefit from the increasing demand for oil and gas, as well as the growing need for more efficient and cost-effective drilling techniques. The industry is also expected to benefit from the increasing adoption of new technologies, such as automation and data analytics, which can help to improve efficiency and reduce costs. However, the industry may face challenges from regulatory changes and environmental concerns, which could impact the demand for oil and gas in the future.

Recent groundbreaking advancements and milestones in the Oil & Gas Services industry, reflecting notable innovations that have reshaped its landscape.

• Digital Oilfield: The Digital Oilfield is a recent innovation that uses advanced technologies such as sensors, data analytics, and automation to improve the efficiency and safety of oil and gas operations. This technology can help to reduce costs, increase production, and improve safety by providing real-time data and insights to operators.
• Hydraulic Fracturing: Hydraulic fracturing, also known as fracking, is a recent innovation that has revolutionized the oil and gas industry. This technique involves injecting high-pressure water and chemicals into rock formations to release oil and gas. This technology has helped to increase production and reduce costs, but it has also raised concerns about environmental impacts.
• Horizontal Drilling: Horizontal drilling is a recent innovation that allows operators to drill horizontally through rock formations, increasing the amount of oil and gas that can be extracted from a single well. This technology has helped to increase production and reduce costs, but it has also raised concerns about environmental impacts.
• Subsea Production Systems: Subsea production systems are a recent innovation that allows operators to produce oil and gas from offshore fields without the need for a platform. This technology can help to reduce costs and improve safety by eliminating the need for workers to be on a platform.
• Enhanced Oil Recovery: Enhanced oil recovery is a recent innovation that uses advanced techniques such as carbon dioxide injection and thermal recovery to extract more oil from existing wells. This technology can help to increase production and extend the life of existing wells.