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NAICS Code 541380-27 Description (8-Digit)

Oil Well Core Analysis is a specialized subdivision of the Testing Laboratories and Services industry, which involves the analysis of rock and fluid samples obtained from oil and gas wells. This industry plays a crucial role in the exploration and production of oil and gas reserves, as it provides valuable information about the geological formations and reservoir properties of the subsurface. Oil Well Core Analysis typically involves the extraction of cylindrical rock samples, known as cores, from the wellbore. These cores are then transported to a laboratory where they are analyzed using a range of specialized tools and techniques. The data obtained from these analyses is used to determine the porosity, permeability, mineralogy, and other properties of the reservoir rock, as well as the composition and properties of the fluids contained within it. The information obtained from Oil Well Core Analysis is used to make critical decisions about the feasibility and profitability of oil and gas projects, as well as to optimize production and recovery rates. This industry is therefore essential to the success of the oil and gas industry as a whole.

Hierarchy Navigation for NAICS Code 541380-27

Tools

Tools commonly used in the Oil Well Core Analysis industry for day-to-day tasks and operations.

  • Core barrels
  • Core saws
  • Core plugs
  • X-ray diffraction (XRD) analyzers
  • X-ray fluorescence (XRF) analyzers
  • Scanning electron microscopes (SEM)
  • Energy-dispersive X-ray spectroscopy (EDS)
  • Nuclear magnetic resonance (NMR) spectrometers
  • Gas chromatography (GC) analyzers
  • Mass spectrometry (MS) analyzers
  • Optical microscopy
  • Ultraviolet-visible (UV-Vis) spectrophotometers
  • Infrared (IR) spectrometers
  • Laser particle size analyzers
  • Permeameters
  • Porosimeters
  • Mercury injection capillary pressure (MICP) apparatus
  • Pressure-volume-temperature (PVT) cells

Industry Examples of Oil Well Core Analysis

Common products and services typical of NAICS Code 541380-27, illustrating the main business activities and contributions to the market.

  • Reservoir characterization
  • Formation evaluation
  • Petrophysical analysis
  • Core description
  • Fluid analysis
  • Rock mechanics testing
  • Fracture analysis
  • Wellbore stability analysis
  • Enhanced oil recovery (EOR) optimization
  • Geomechanical modeling

Certifications, Compliance and Licenses for NAICS Code 541380-27 - Oil Well Core Analysis

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • API Q2 Certification: This certification is required for oil and gas service companies that provide services such as oil well core analysis. It ensures that the company has a quality management system in place that meets industry standards. The certification is provided by the American Petroleum Institute (API).
  • ISO 9001:2015 Certification: This certification is a quality management system standard that is recognized globally. It ensures that the company has a quality management system in place that meets customer and regulatory requirements. The certification is provided by the International Organization for Standardization (ISO).
  • OSHA 29 CFR 1910.120 Certification: This certification is required for workers who are involved in hazardous waste operations and emergency response. It ensures that the workers are trained to handle hazardous materials safely. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • NIOSH 7400 Method Certification: This certification is required for laboratories that analyze asbestos samples. It ensures that the laboratory is using a standardized method for analyzing asbestos samples. The certification is provided by the National Institute for Occupational Safety and Health (NIOSH).
  • NIST Traceable Calibration Certification: This certification is required for laboratories that calibrate equipment used in oil well core analysis. It ensures that the laboratory is using equipment that has been calibrated to a national standard. The certification is provided by the National Institute of Standards and Technology (NIST).

History

A concise historical narrative of NAICS Code 541380-27 covering global milestones and recent developments within the United States.

  • Oil Well Core Analysis is a sub-industry of the Testing Laboratories and Services industry, which has been around for centuries. The earliest known testing laboratory was established in 1777 by the British Navy to test the quality of ropes and rigging. In the United States, the industry began to take shape in the late 1800s with the establishment of the first commercial testing laboratory in 1884. The Oil Well Core Analysis industry emerged in the early 1900s with the development of the first oil well core analysis techniques. Since then, the industry has undergone significant advancements, including the development of new technologies and techniques for analyzing oil well cores. In recent years, the industry has also seen an increase in demand due to the growth of the oil and gas industry worldwide. In the United States, the Oil Well Core Analysis industry has a relatively short history, with the first commercial oil well core analysis laboratory established in the 1930s. Since then, the industry has grown significantly, with the development of new technologies and techniques for analyzing oil well cores. In the 1970s, the industry saw a significant increase in demand due to the oil crisis, which led to a surge in oil exploration and production. In recent years, the industry has continued to grow, driven by the increasing demand for oil and gas worldwide and the development of new technologies for analyzing oil well cores.

Future Outlook for Oil Well Core Analysis

The anticipated future trajectory of the NAICS 541380-27 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Oil Well Core Analysis industry in the USA is positive. The industry is expected to grow due to the increasing demand for oil and gas exploration and production. The industry is also expected to benefit from the development of new technologies that will improve the efficiency and accuracy of core analysis. Additionally, the industry is likely to benefit from the increasing demand for environmental testing services, which will drive demand for core analysis services. However, the industry may face challenges due to the increasing competition from other testing laboratories and services. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 541380-27

Recent groundbreaking advancements and milestones in the Oil Well Core Analysis industry, reflecting notable innovations that have reshaped its landscape.

  • Advanced Core Analysis: Advanced core analysis techniques have been developed that allow for more accurate and detailed analysis of core samples. These techniques include micro-CT scanning, X-ray diffraction, and nuclear magnetic resonance imaging.
  • Real-Time Core Analysis: Real-time core analysis technology has been developed that allows for the analysis of core samples while they are being drilled. This technology can provide valuable information about the reservoir in real-time, which can help to optimize drilling operations.
  • Automated Core Analysis: Automated core analysis systems have been developed that can analyze core samples more quickly and accurately than traditional methods. These systems use advanced algorithms and machine learning to analyze the data and provide detailed reports.
  • Digital Core Analysis: Digital core analysis technology has been developed that allows for the creation of 3D digital models of core samples. These models can be used to analyze the properties of the reservoir and optimize drilling operations.
  • Environmental Core Analysis: Environmental core analysis services have been developed that can analyze core samples for environmental contaminants. These services are in high demand due to increasing environmental regulations and concerns.

NAICS Code 541380-27 - Oil Well Core Analysis

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