NAICS Code 541330-46 - Engineers-Petroleum

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 541330 - Engineering Services - 38,516 companies, 580,318 emails.

NAICS Code 541330-46 Description (8-Digit)

Engineers-Petroleum is a subdivision of the Engineering Services industry that specializes in the design, development, and implementation of technologies and processes related to the exploration, extraction, and production of oil and gas. This industry involves a range of activities, including reservoir modeling, drilling engineering, production optimization, and project management. Engineers-Petroleum work to ensure that oil and gas resources are extracted in a safe, efficient, and environmentally responsible manner.

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 541330 page

Tools

Tools commonly used in the Engineers-Petroleum industry for day-to-day tasks and operations.

  • Reservoir simulation software
  • Drilling optimization software
  • Production monitoring tools
  • Well testing equipment
  • Seismic imaging technology
  • Pressure and temperature sensors
  • Pipeline inspection tools
  • Corrosion monitoring equipment
  • Risk assessment software
  • Project management tools

Industry Examples of Engineers-Petroleum

Common products and services typical of NAICS Code 541330-46, illustrating the main business activities and contributions to the market.

  • Oil rig construction
  • Offshore drilling
  • Oil and gas exploration
  • Well completion and stimulation
  • Reservoir engineering
  • Production engineering
  • Pipeline design and construction
  • Refinery optimization
  • Environmental impact assessment
  • Health and safety management

History

A concise historical narrative of NAICS Code 541330-46 covering global milestones and recent developments within the United States.

  • The "Engineers-Petroleum" industry has a long and rich history, dating back to the early 19th century when the first oil well was drilled in Pennsylvania. Since then, the industry has undergone significant changes, with advancements in technology and exploration techniques leading to the discovery of new oil reserves around the world. In recent years, the industry has faced challenges such as declining oil prices and increased competition from alternative energy sources. However, it continues to play a vital role in the global economy, providing energy for transportation, heating, and electricity generation. In the United States, the "Engineers-Petroleum" industry has a more recent history, with the first commercial oil well drilled in 1859 in Pennsylvania. The industry grew rapidly in the early 20th century, with the development of new technologies such as hydraulic fracturing and horizontal drilling leading to the discovery of vast reserves of oil and natural gas. In recent years, the industry has faced challenges such as increased regulation and environmental concerns, but it remains a significant contributor to the US economy, providing jobs and energy security.