Tools commonly used in the Oil Field Equipment Repairing industry for day-to-day tasks and operations.

• Pipe wrenches
• Torque wrenches
• Impact wrenches
• Hydraulic jacks
• Chain hoists
• Pipe cutters
• Welding machines
• Pressure gauges
• Flange spreaders
• Valve grinders

Common products and services typical of NAICS Code 213112-05, illustrating the main business activities and contributions to the market.

• Oil rig drilling equipment repair
• Pump and compressor repair
• Wellhead equipment repair
• Pipeline repair and maintenance
• Tank cleaning and repair
• Electrical equipment repair
• Instrumentation repair
• Hydraulic equipment repair
• Pneumatic equipment repair
• Rigging and lifting equipment repair

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 (API).
• API Spec 7-1: This certification is required for companies that manufacture drilling and well-servicing equipment. It is provided by the American Petroleum Institute (API).
• ASME Boiler and Pressure Vessel Code: This certification is required for companies that manufacture pressure vessels and boilers. It is provided by the American Society of Mechanical Engineers (ASME).
• National Board Inspection Code (NBIC): This certification is required for companies that perform repairs and alterations to pressure vessels and boilers. It is provided by the National Board of Boiler and Pressure Vessel Inspectors.
• OSHA 10-Hour General Industry Training: This certification is required for employees who work in the oil and gas industry. It covers general safety and health hazards in the workplace. It is provided by the Occupational Safety and Health Administration (OSHA).

A concise historical narrative of NAICS Code 213112-05 covering global milestones and recent developments within the United States.

• The oil and gas industry has been around for over a century, and the need for equipment repair has been a constant throughout its history. In the early days, equipment repair was done on-site by the drilling crews themselves. However, as the industry grew, specialized repair companies emerged. In the 1930s, the first oil field service companies were established, and by the 1950s, the industry had become more specialized, with companies focusing on specific areas of repair, such as drilling equipment or pipelines. In recent years, the industry has seen significant advancements in technology, such as the use of robotics and automation in equipment repair. In the United States, the oil field equipment repairing industry has a more recent history. The industry began to emerge in the 1970s, as the country's oil production increased. The industry grew rapidly in the 1980s, as oil prices rose and companies invested in new equipment. However, the industry experienced a downturn in the 1990s, as oil prices fell and companies cut back on spending. In the 2000s, the industry rebounded, as oil prices rose again and companies invested in new technology. Today, the industry continues to evolve, with companies focusing on new technologies such as 3D printing and predictive maintenance.

The anticipated future trajectory of the NAICS 213112-05 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 Field Equipment Repairing industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for oil and gas. The industry is also expected to benefit from the increasing use of technology in the oil and gas industry. The use of advanced technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) is expected to increase the efficiency of oil and gas operations, which will drive the demand for equipment repairing services. Additionally, the increasing focus on renewable energy sources is expected to create new opportunities for the industry as companies shift their focus towards wind and solar energy. Overall, the industry is expected to grow at a steady pace in the coming years.

Recent groundbreaking advancements and milestones in the Oil Field Equipment Repairing industry, reflecting notable innovations that have reshaped its landscape.

• Advanced Drilling Technologies: The industry has seen significant advancements in drilling technologies in recent years. These technologies include horizontal drilling, hydraulic fracturing, and other advanced drilling techniques that have increased the efficiency of oil and gas operations.
• Robotics and Automation: The use of robotics and automation in the oil and gas industry has increased in recent years. These technologies are being used to automate various tasks such as drilling, inspection, and maintenance, which has increased the efficiency of oil and gas operations.
• Digitalization: The industry is increasingly adopting digital technologies such as cloud computing, big data analytics, and the Internet of Things (IoT) to improve the efficiency of oil and gas operations. These technologies are being used to monitor equipment performance, optimize production, and reduce downtime.
• Environmental Sustainability: The industry is increasingly focusing on environmental sustainability. This has led to the development of new technologies such as carbon capture and storage, which are being used to reduce greenhouse gas emissions from oil and gas operations.
• Safety Technologies: The industry is also focusing on improving safety in oil and gas operations. This has led to the development of new safety technologies such as remote monitoring systems, safety sensors, and other safety equipment that are being used to reduce the risk of accidents and injuries.