NAICS Code 238910-29 - Oil Well Wire Line Service

Marketing Level - NAICS 8-Digit

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NAICS Code 238910-29 Description (8-Digit)

Oil Well Wire Line Service is a specialized industry that provides support to the oil and gas industry. This industry involves the use of wireline tools and equipment to perform various tasks in oil and gas wells. The primary function of this industry is to provide well intervention services, which include logging, perforating, and setting plugs. These services are essential for maintaining the productivity of oil and gas wells.

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 Well Wire Line Service industry for day-to-day tasks and operations.

  • Logging tools
  • Perforating guns
  • Setting tools
  • Fishing tools
  • Casing cutters
  • Bridge plugs
  • Packers
  • Slickline tools
  • Braided line
  • Electric line

Industry Examples of Oil Well Wire Line Service

Common products and services typical of NAICS Code 238910-29, illustrating the main business activities and contributions to the market.

  • Well logging
  • Perforating services
  • Plug setting
  • Casing cutting
  • Fishing services
  • Slickline services
  • Braided line services
  • Electric line services
  • Well intervention
  • Well completion

History

A concise historical narrative of NAICS Code 238910-29 covering global milestones and recent developments within the United States.

  • The Oil Well Wire Line Service industry has a long history dating back to the early 1900s when the first wireline tool was invented. This tool was used to measure the depth of oil wells and was a significant advancement in the industry. In the 1920s, the first electric wireline was introduced, which allowed for more accurate measurements and data collection. In the 1950s, the industry saw the introduction of the first logging tools, which allowed for the measurement of rock formations and fluid properties. In recent history, the industry has seen advancements in technology, such as the use of fiber optics and digital sensors, which have improved the accuracy and efficiency of data collection. In the United States, the Oil Well Wire Line Service industry has a more recent history. The industry saw significant growth in the 1970s and 1980s due to the increase in oil exploration and production. In the 1990s, the industry faced challenges due to the decline in oil prices, which led to a decrease in demand for services. However, the industry has since rebounded, and in recent years, there has been an increase in demand for wireline services due to the growth of the shale oil and gas industry. The industry has also seen advancements in technology, such as the use of real-time data transmission and the development of new tools and equipment. Overall, the Oil Well Wire Line Service industry has a rich history of innovation and technological advancements that have contributed to the growth and success of the industry.