SIC Code 1311-04 - Oil & Gas-Production
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SIC Code 1311-04 Description (6-Digit)
The Oil & Gas-Production industry involves the exploration, extraction, and production of crude oil and natural gas from underground reservoirs. This industry is responsible for the supply of the world's primary energy source and is a crucial component of the global economy. The process of oil and gas production involves a range of activities, including drilling, well completion, and oil and gas processing. The industry is highly regulated due to the potential environmental impact of oil and gas production, and companies must adhere to strict safety and environmental standards.
Hierarchy Navigation for SIC 6-Digit Code 1311-04
Parent Code (less specific)
Tools
- Drill bits
- Casing
- Tubing
- Wellhead
- Christmas tree
- Blowout preventer
- Mud pumps
- Mud tanks
- Mud agitators
- Mud cleaners
- Centrifuges
- Separators
- Compressors
- Pumps
- Valves
- Flanges
- Gauges
- Hoses
- Fittings
- Welding equipment
Industry Examples of Oil & Gas-Production
- Offshore drilling
- Onshore drilling
- Hydraulic fracturing
- Oil sands extraction
- Natural gas processing
- Oil and gas transportation
- Oil and gas storage
- Oil and gas refining
- Enhanced oil recovery
- Oil and gas well maintenance
SIC Code 1311-04 - Oil & Gas-Production
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