NAICS Code 237120-12 - Oil Well Pumping Contractors

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 237120 - Oil and Gas Pipeline and Related Structures Construction - 992 companies, 8,517 emails.

NAICS Code 237120-12 Description (8-Digit)

Oil Well Pumping Contractors are companies that specialize in the installation, maintenance, and repair of equipment used in the extraction of oil and gas from wells. These contractors are responsible for ensuring that the pumping equipment is functioning properly and efficiently, and that the oil and gas is being extracted safely and effectively. They work closely with oil and gas companies to ensure that the equipment is installed and maintained to the highest standards, and that any issues are addressed quickly and effectively.

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 237120 page

Tools

Tools commonly used in the Oil Well Pumping Contractors industry for day-to-day tasks and operations.

  • Pump jacks
  • Rods and tubing
  • Sucker rods
  • Polished rods
  • Tubing anchors
  • Pumping units
  • Gas lift systems
  • Plunger lift systems
  • Electric submersible pumps
  • Hydraulic pumps
  • Wellhead equipment
  • Pressure gauges
  • Flow meters
  • Chemical injection systems
  • Control panels
  • Safety equipment
  • Hand tools (wrenches, pliers, hammers, etc.)
  • Power tools (drills, saws, grinders, etc.)
  • Welding equipment

Industry Examples of Oil Well Pumping Contractors

Common products and services typical of NAICS Code 237120-12, illustrating the main business activities and contributions to the market.

  • Oil well pumping equipment installation
  • Oil well pumping equipment maintenance
  • Oil well pumping equipment repair
  • Oil well pumping equipment testing
  • Oil well pumping equipment inspection
  • Oil well pumping equipment rental
  • Oil well pumping equipment sales
  • Oil well pumping equipment design
  • Oil well pumping equipment consulting
  • Oil well pumping equipment training

History

A concise historical narrative of NAICS Code 237120-12 covering global milestones and recent developments within the United States.

  • The "Oil Well Pumping Contractors" industry has a long and rich history worldwide. The first oil well was drilled in Pennsylvania in 1859, and since then, the industry has grown exponentially. In the early days, oil wells were pumped by hand, but in the 1920s, electric pumps were introduced, which revolutionized the industry. In the 1950s, hydraulic fracturing was developed, which allowed for the extraction of oil and gas from previously inaccessible sources. In recent years, the industry has faced challenges due to the decline in oil prices, but it has continued to innovate and adapt to changing market conditions. In the United States, the "Oil Well Pumping Contractors" industry has a more recent history. The industry began to take off in the 1970s, as advances in technology made it possible to extract oil and gas from shale formations. The industry experienced rapid growth in the 2000s, as high oil prices and new drilling techniques led to a surge in production. However, the industry has faced challenges in recent years due to the decline in oil prices and increased competition from renewable energy sources. Despite these challenges, the industry remains an important part of the US economy, providing jobs and energy security for the nation.