SIC Code 1311-06 - Oil Crude
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SIC Code 1311-06 Description (6-Digit)
Oil crude is a subcategory of the crude petroleum and natural gas industry, which involves the exploration, extraction, and production of crude oil. This industry is responsible for the supply of the primary energy source for transportation, heating, and electricity generation. The process of extracting oil crude involves drilling wells into underground reservoirs and pumping the oil to the surface. Once extracted, the crude oil is transported to refineries where it is processed into various products such as gasoline, diesel, and jet fuel.
Hierarchy Navigation for SIC 6-Digit Code 1311-06
Parent Code (less specific)
Tools
- Drilling rigs
- Mud pumps
- Blowout preventers
- Casing and tubing
- Drill bits
- Wellhead equipment
- Artificial lift systems
- Production separators
- Oilfield trucks and trailers
- Hydraulic fracturing equipment
Industry Examples of Oil Crude
- Offshore drilling
- Onshore drilling
- Oilfield services
- Oil and gas exploration
- Oil and gas production
- Oil and gas transportation
- Oil refining
- Oil and gas equipment manufacturing
- Oil and gas consulting
- Oil and gas investment
SIC Code 1311-06 - Oil Crude
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