NAICS Code 423830-56 - Oil Field Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423830-56
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NAICS Code 423830-56 Description (8-Digit)

Oil Field Supplies (Wholesale) is a subdivision of Industrial Machinery and Equipment Merchant Wholesalers that specializes in providing equipment and supplies to the oil and gas industry. This industry involves the wholesale distribution of machinery, equipment, and supplies used in the exploration, drilling, and production of oil and gas. The companies operating in this industry supply a range of products to oil and gas companies, including drilling equipment, pumps, valves, pipes, and other specialized tools.

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 423830 page

Tools

Tools commonly used in the Oil Field Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Drill bits
  • Casing
  • Tubing
  • Pumps
  • Valves
  • Pipes
  • Compressors
  • Generators
  • Wellheads
  • Blowout preventers
  • Cementing equipment
  • Fracturing equipment
  • Coiled tubing units
  • Wireline units
  • Hydraulic power units
  • Mud pumps
  • Mud tanks
  • Mud agitators
  • Mud guns
  • Mud mixers

Industry Examples of Oil Field Supplies (Wholesale)

Common products and services typical of NAICS Code 423830-56, illustrating the main business activities and contributions to the market.

  • Drilling equipment
  • Oil rig supplies
  • Oilfield tools
  • Well completion equipment
  • Production equipment
  • Oilfield chemicals
  • Oilfield safety equipment
  • Oilfield instrumentation
  • Oilfield electrical equipment
  • Oilfield automation equipment

History

A concise historical narrative of NAICS Code 423830-56 covering global milestones and recent developments within the United States.

  • The "Oil Field Supplies (Wholesale)" industry has a long history dating back to the early 20th century when the first oil wells were drilled in the United States. The industry has since grown to become a vital part of the global economy, providing essential equipment and supplies to oil and gas exploration and production companies worldwide. Notable advancements in the industry include the development of new drilling technologies, such as hydraulic fracturing, which has revolutionized the oil and gas industry. In recent years, the industry has faced challenges due to the decline in oil prices, which has led to a decrease in demand for oil field supplies. However, the industry has remained resilient and has adapted to the changing market conditions by diversifying its product offerings and expanding into new markets. In the United States, the "Oil Field Supplies (Wholesale)" industry has a rich history that dates back to the early 1900s when the first oil wells were drilled in Texas. The industry has since grown to become a major contributor to the US economy, providing essential equipment and supplies to oil and gas exploration and production companies across the country. In recent years, the industry has faced challenges due to the decline in oil prices, which has led to a decrease in demand for oil field supplies. However, the industry has remained resilient and has adapted to the changing market conditions by investing in new technologies and expanding into new markets.