SIC Code 1389-22 Description (6-Digit)

Oil Extraction-Downhole is a specialized industry within the broader Oil and Gas Field Services sector. This industry involves the use of various tools and techniques to extract oil from underground reservoirs. The process of oil extraction-downhole involves drilling a wellbore into the earth's surface and then using specialized tools to extract the oil from the reservoir. This industry is critical to the global economy as oil is a primary source of energy for many industries.

Hierarchy Navigation for SIC 6-Digit Code 1389-22

Parent Code (less specific)

1389 - Oil and Gas Field Services, Not Elsewhere Classified

Tools

Casing
Tubing
Drill Bits
Packers
Perforating Guns
Artificial Lift Systems
Logging Tools
Cementing Equipment
Fishing Tools
Wellhead Equipment

Industry Examples of Oil Extraction-Downhole

Hydraulic Fracturing
Directional Drilling
Well Stimulation
Acidizing
Cementing
Perforating
Logging
Artificial Lift
Sand Control
Well Testing

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