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NAICS Code 238910-22 - Oil Extraction-Downhole
Marketing Level - NAICS 8-DigitBusiness Lists and Databases Available for Marketing and Research
Total Verified Companies:
4
Contact Emails:
16
Company Websites:
1
Phone Numbers:
2
Business Addresses:
4
Companies with Email:
2
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Looking for more companies? See NAICS 238910 - Site Preparation Contractors - 30,629 companies, 79,696 emails.
NAICS Code 238910-22 Description (8-Digit)
Oil Extraction-Downhole is a subdivision of the Site Preparation Contractors industry under NAICS Code 238910. This industry involves the process of drilling and extracting crude oil from underground reservoirs through a wellbore that extends from the surface to the bottom of the well. The process of oil extraction-downhole is complex and requires specialized equipment and skilled professionals to ensure the safe and efficient extraction of oil.
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 238910 page
Tools
Tools commonly used in the Oil Extraction-Downhole industry for day-to-day tasks and operations.
- Drill Bits
- Casing
- Tubing
- Packers
- Perforating Guns
- Artificial Lift Systems
- Wellhead Equipment
- Fishing Tools
- Cementing Equipment
- Logging Tools
- Fracturing Equipment
- Coiled Tubing Units
- Wireline Units
- Mud Pumps
- Blowout Preventers
- Pressure Control Equipment
- Directional Drilling Tools
- Measurement While Drilling (MWD) Tools
- Logging While Drilling (LWD) Tools
- Drill Pipe
Industry Examples of Oil Extraction-Downhole
Common products and services typical of NAICS Code 238910-22, illustrating the main business activities and contributions to the market.
- Oil Well Drilling
- Oil Well Completion
- Oil Well Cementing
- Oil Well Logging
- Oil Well Perforating
- Oil Well Testing
- Oil Well Stimulation
- Oil Well Pumping
- Oil Well Plugging
- Oil Well Abandonment
- Oil Well Workover
- Oil Well Servicing
- Oil Well Directional Drilling
- Oil Well Fishing
- Oil Well Coiled Tubing Services
- Oil Well Wireline Services
- Oil Well Fracturing Services
- Oil Well Acidizing Services
- Oil Well Nitrogen Services
- Oil Well Water Injection Services
- Oil Well Gas Lift Services
History
A concise historical narrative of NAICS Code 238910-22 covering global milestones and recent developments within the United States.
- The "Oil Extraction-Downhole" industry has a long and rich history worldwide. The first recorded oil well was drilled in China in the 4th century, and the first modern oil well was drilled in Pennsylvania in 1859. The industry has since grown exponentially, with advancements in technology and drilling techniques leading to increased efficiency and production. Notable milestones include the discovery of the Spindletop oil field in Texas in 1901, which marked the beginning of the modern oil industry, and the development of hydraulic fracturing, or fracking, in the 1940s, which revolutionized the industry by allowing for the extraction of previously inaccessible oil reserves. In recent history, the industry has faced challenges such as the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, which highlighted the need for increased safety measures and environmental regulations. In the United States, the "Oil Extraction-Downhole" industry has a more recent history, with significant growth occurring in the mid-20th century. The discovery of the Prudhoe Bay oil field in Alaska in 1968 marked a turning point for the industry, as it was the largest oil field ever discovered in North America. The industry continued to grow throughout the 1970s and 1980s, with advancements in technology leading to increased production and efficiency. However, the industry also faced challenges during this time, such as the 1973 oil crisis and the 1980s oil glut, which led to decreased demand and lower prices. In recent years, the industry has faced increased scrutiny and regulation due to concerns about environmental impact and climate change.