NAICS Code 523999-07 - Oil Land Leases

Marketing Level - NAICS 8-Digit

Business Lists and Databases Available for Marketing and Research

Total Verified Companies: 179
Contact Emails: 452
Company Websites: 85
Phone Numbers: 178
Business Addresses: 179
Companies with Email: 118
Get Business List
NAICS CODE 523999-07
Reach new customers, connect with decision makers, and grow your business.
Pricing from $0.05 to $0.25 per lead
Ideal for: Direct Mailing Email Campaigns Calling Market Research ‐ Free Sample & Report, Custom Lists, and Expert Support — All Included
Looking for more companies? See NAICS 523999 - Miscellaneous Financial Investment Activities - 2,904 companies, 13,990 emails.

NAICS Code 523999-07 Description (8-Digit)

Oil Land Leases is a subdivision of the Miscellaneous Financial Investment Activities industry that involves the leasing of land for the purpose of oil exploration and production. This industry is responsible for providing access to land for oil companies to extract oil and gas resources. Oil Land Leases can be owned by individuals, corporations, or government entities, and they can be leased to oil companies for a range of time periods.

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 523999 page

Tools

Tools commonly used in the Oil Land Leases industry for day-to-day tasks and operations.

  • Seismic imaging equipment
  • Drilling rigs
  • Mud pumps
  • Casing and tubing
  • Blowout preventers
  • Wellhead equipment
  • Production separators
  • Artificial lift systems
  • Hydraulic fracturing equipment
  • Pipeline infrastructure

Industry Examples of Oil Land Leases

Common products and services typical of NAICS Code 523999-07, illustrating the main business activities and contributions to the market.

  • Onshore oil land leases
  • Offshore oil land leases
  • Shale oil land leases
  • Conventional oil land leases
  • Unconventional oil land leases
  • Oil sands land leases
  • Heavy oil land leases
  • Light oil land leases
  • Tight oil land leases
  • Enhanced oil recovery land leases

History

A concise historical narrative of NAICS Code 523999-07 covering global milestones and recent developments within the United States.

  • The "Oil Land Leases" industry has a long and rich history worldwide. The first recorded oil lease was signed in Pennsylvania in 1859, which marked the beginning of the modern oil industry. In the early 20th century, the industry experienced a boom due to the increasing demand for oil and the discovery of new oil fields. The industry faced several challenges during the mid-20th century, including the oil embargo of the 1970s and the decline of oil prices in the 1980s. However, the industry bounced back in the late 20th century due to technological advancements in drilling and exploration. In recent history, the "Oil Land Leases" industry in the United States has been shaped by several key events. The shale revolution of the early 2000s led to a surge in domestic oil production, making the United States one of the largest oil-producing countries in the world. The industry has also faced challenges such as the 2014 oil price crash, which led to a decline in drilling activity and job losses. However, the industry has shown resilience and has adapted to changing market conditions through technological advancements and cost-cutting measures.