NAICS Code 541360-06 - Explorers-Natural Resources

Marketing Level - NAICS 8-Digit

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NAICS CODE 541360-06
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NAICS Code 541360-06 Description (8-Digit)

Explorers-Natural Resources is a subdivision of the Geophysical Surveying and Mapping Services industry that involves the exploration and extraction of natural resources such as minerals, oil, and gas. This industry is responsible for identifying and evaluating potential sites for resource extraction, as well as developing and implementing plans for extraction.

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 541360 page

Tools

Tools commonly used in the Explorers-Natural Resources industry for day-to-day tasks and operations.

  • Seismic imaging equipment
  • Magnetic surveying equipment
  • Gravity meters
  • Core drilling equipment
  • Remote sensing technology
  • Geochemical analysis tools
  • GPS devices
  • Geological mapping software
  • Well logging equipment
  • Airborne geophysical survey equipment

Industry Examples of Explorers-Natural Resources

Common products and services typical of NAICS Code 541360-06, illustrating the main business activities and contributions to the market.

  • Mineral exploration
  • Oil and gas exploration
  • Coal exploration
  • Uranium exploration
  • Geothermal exploration
  • Diamond exploration
  • Rare earth element exploration
  • Lithium exploration
  • Gold exploration
  • Silver exploration

History

A concise historical narrative of NAICS Code 541360-06 covering global milestones and recent developments within the United States.

  • The "Explorers-Natural Resources" industry has a long and rich history worldwide. The earliest known exploration for natural resources dates back to the ancient Egyptians, who mined gold and copper. In the 19th century, the discovery of oil in Pennsylvania led to the development of the modern oil industry. The industry continued to grow and expand throughout the 20th century, with advancements in technology and exploration techniques. In recent history, the industry has faced challenges such as environmental concerns and fluctuating commodity prices. In the United States, the industry has seen significant growth in the last few decades, with the discovery of new oil and gas reserves and the development of shale gas extraction techniques. The industry has also faced increased scrutiny and regulation in recent years, particularly in relation to environmental impact and safety concerns.