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NAICS Code 813910-08 Description (8-Digit)

Oil Well Log Libraries is a subdivision of the Business Associations industry that involves the provision of oil well log data to companies in the oil and gas sector. These libraries collect, store, and maintain geological and geophysical data related to oil and gas exploration and production. The data is used by companies to make informed decisions about drilling locations, well completion, and reservoir management.

Hierarchy Navigation for NAICS Code 813910-08

Parent Code (less specific)

Tools

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

  • Well log analysis software
  • Geophysical interpretation software
  • Data management software
  • Well log digitizing tools
  • Well log editing tools
  • Well log printing tools
  • Well log plotting tools
  • Well log correlation tools
  • Well log interpretation tools
  • Well log data visualization tools

Industry Examples of Oil Well Log Libraries

Common products and services typical of NAICS Code 813910-08, illustrating the main business activities and contributions to the market.

  • Oil and gas exploration companies
  • Oil and gas production companies
  • Oil and gas service companies
  • Geophysical consulting firms
  • Geological consulting firms
  • Research institutions
  • Government agencies
  • Academic institutions
  • Energy regulators
  • Environmental organizations

Certifications, Compliance and Licenses for NAICS Code 813910-08 - Oil Well Log Libraries

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

  • Petroleum Data Management (PDMP) Certification: This certification is offered by the Professional Petroleum Data Management Association (PPDM) and is designed for professionals who work with oil and gas data. It covers topics such as data governance, data quality, and data integration. The certification is recognized globally and is highly valued in the industry.
  • Well Control Certification: This certification is offered by the International Association of Drilling Contractors (IADC) and is required for personnel involved in well control operations. It covers topics such as well control equipment, well control methods, and well control procedures. The certification is recognized globally and is highly valued in the industry.
  • Safety Training

History

A concise historical narrative of NAICS Code 813910-08 covering global milestones and recent developments within the United States.

  • The "Oil Well Log Libraries" industry has a long history dating back to the early 1900s when the first oil well log was created. The logs were initially used to record the depth and thickness of oil-bearing rock formations. In the 1920s, the logs were used to measure the electrical properties of rocks, which led to the development of the resistivity log. In the 1950s, the industry saw a significant advancement with the introduction of the sonic log, which measured the speed of sound in rocks. The industry continued to evolve with the introduction of digital logs in the 1980s, which allowed for more accurate and detailed measurements. In recent years, the industry has seen a shift towards cloud-based log libraries, which allow for easier access and sharing of log data. In the United States, the "Oil Well Log Libraries" industry has seen significant growth in recent years due to the increase in shale oil and gas production. The industry has also seen advancements in technology, such as the use of machine learning algorithms to analyze log data. However, the industry has also faced challenges such as the decline in oil prices and the increasing use of alternative energy sources. Despite these challenges, the industry is expected to continue to grow due to the increasing demand for oil and gas and the need for accurate and detailed log data.

Future Outlook for Oil Well Log Libraries

The anticipated future trajectory of the NAICS 813910-08 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 Log Libraries industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for oil and gas exploration. The industry is also expected to benefit from the advancements in technology, which will lead to the development of more efficient and accurate logging tools. Additionally, the industry is expected to benefit from the increasing focus on environmental sustainability, which will lead to the development of more eco-friendly logging tools. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 813910-08

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

  • Digitalization Of Well Logs: The industry has seen a recent trend towards the digitalization of well logs, which has made it easier to store, access, and analyze data. This has led to increased efficiency and accuracy in the logging process.
  • Integration Of Artificial Intelligence: The integration of artificial intelligence in the logging process has led to more accurate predictions and better decision-making. This has also led to increased efficiency and reduced costs.
  • Development Of New Logging Tools: The industry has seen the development of new logging tools that are more efficient and accurate. For example, the use of fiber-optic sensors has led to more accurate measurements of temperature and pressure in wells.
  • Focus on Environmental Sustainability: The industry has seen a recent focus on environmental sustainability, which has led to the development of more eco-friendly logging tools. For example, the use of biodegradable lubricants has reduced the environmental impact of the logging process.
  • Increased Collaboration: The industry has seen increased collaboration between companies, which has led to the sharing of knowledge and resources. This has led to increased efficiency and reduced costs.

NAICS Code 813910-08 - Oil Well Log Libraries

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