NAICS Code 423810-20 - Well Drilling Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423810-20
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NAICS Code 423810-20 Description (8-Digit)

Well Drilling Equipment & Supplies (Wholesale) is a subdivision of the Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of equipment and supplies used in the drilling of wells for water, oil, gas, or other purposes. Companies in this industry supply a range of products to drilling contractors, including drilling rigs, bits, pumps, valves, pipes, and other related equipment.

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 423810 page

Tools

Tools commonly used in the Well Drilling Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Drilling rigs
  • Drill bits
  • Mud pumps
  • Casing
  • Cementing equipment
  • Well screens
  • Grout pumps
  • Water tanks
  • Well development tools
  • Well logging equipment
  • Wellhead equipment
  • Fishing tools
  • Drill pipe
  • Drill collars
  • Downhole motors
  • Submersible pumps
  • Pressure gauges
  • Flow meters
  • Well testing equipment

Industry Examples of Well Drilling Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423810-20, illustrating the main business activities and contributions to the market.

  • Water well drilling equipment
  • Oil well drilling equipment
  • Gas well drilling equipment
  • Geothermal drilling equipment
  • Mining drilling equipment
  • Environmental drilling equipment
  • Exploration drilling equipment
  • Directional drilling equipment
  • Auger drilling equipment
  • Core drilling equipment

History

A concise historical narrative of NAICS Code 423810-20 covering global milestones and recent developments within the United States.

  • The "Well Drilling Equipment & Supplies (Wholesale)" industry has a long history dating back to the early 1800s when the first oil well was drilled in Pennsylvania. The industry has since grown and evolved, with notable advancements such as the development of rotary drilling technology in the 1900s, which allowed for deeper and more efficient drilling. In recent years, the industry has seen a shift towards more environmentally friendly and sustainable drilling practices, with the use of renewable energy sources and advanced drilling techniques. In the United States, the industry has also been impacted by the shale gas boom, which has led to increased demand for drilling equipment and supplies.