NAICS Code 541380-42 - Well Testing

Marketing Level - NAICS 8-Digit

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NAICS CODE 541380-42
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NAICS Code 541380-42 Description (8-Digit)

Well testing is a specialized service within the testing laboratories and services industry that involves the evaluation and analysis of oil and gas wells to determine their productivity and potential. This industry is responsible for conducting a range of tests on newly drilled wells, as well as existing wells, to provide valuable data to oil and gas companies. The data collected during well testing is used to optimize production, reduce costs, and ensure the safety and efficiency of the well.

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 541380 page

Tools

Tools commonly used in the Well Testing industry for day-to-day tasks and operations.

  • Pressure gauges
  • Flow meters
  • Downhole tools
  • Sampling equipment
  • Wellhead equipment
  • Data acquisition systems
  • Pumps
  • Chokes
  • Valves
  • Probes

Industry Examples of Well Testing

Common products and services typical of NAICS Code 541380-42, illustrating the main business activities and contributions to the market.

  • Well flow testing
  • Wellhead monitoring
  • Reservoir analysis
  • Production optimization
  • Formation evaluation
  • Drill stem testing
  • Wellbore cleanup
  • Fracture analysis
  • Perforation evaluation
  • Sand control analysis

History

A concise historical narrative of NAICS Code 541380-42 covering global milestones and recent developments within the United States.

  • The well testing industry has been around since the early days of oil exploration. In the early 1900s, drillers would use basic well testing techniques to determine the potential of a well. However, it wasn't until the 1920s that well testing became more sophisticated with the introduction of pressure gauges and other measuring devices. In the 1950s, the industry saw a significant advancement with the development of downhole tools that allowed for more accurate measurements. In recent years, the industry has continued to evolve with the introduction of new technologies such as fiber optic sensing and real-time monitoring. In the United States, the industry has seen significant growth in the last decade due to the shale boom, which has led to an increase in demand for well testing services.