NAICS Code 211 - Oil and Gas Extraction

NAICS Code 211 Description

Industries in the Oil and Gas Extraction subsector operate and/or develop oil and gas field properties. Such activities may include exploration for crude petroleum and natural gas; drilling, completing, and equipping wells; operating separators, emulsion breakers, desilting equipment, and field gathering lines for crude petroleum and natural gas; and all other activities in the preparation of oil and gas up to the point of shipment from the producing property. This subsector includes the production of crude petroleum, the mining and extraction of oil from oil shale and oil sands, and the production of natural gas, sulfur recovery from natural gas, and recovery of hydrocarbon liquids. Establishments in this subsector include those that operate oil and gas wells on their own account or for others on a contract or fee basis. Establishments primarily engaged in providing support services, on a fee or contract basis, required for the drilling or operation of oil and gas wells (except geophysical surveying and mapping, mine site preparation, and construction of oil/gas pipelines) are classified in NAICS Code - 213 Support Activities for Mining.

Industry Sector

Mining, Quarrying, and Oil and Gas Extraction

Total Companies

6,469

Verified Companies

4,943

Est. Employment

139,812

Annual Payroll

$14,075,852,000

Total Revenue

$234,040,532,000

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Companies

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  • Director
  • Engineering
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  • Finance
  • Human Resource
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USA Import, Export, and Balance of Trade

Import (USD)

$166,817,263,476

Export (USD)

$76,396,195,127

Balance of Trade (USD)

-$90,421,068,349

Top Countries by U.S. Imports

Canada $69,387,981,705
Saudi Arabia $21,417,703,759
Mexico $14,186,786,677
Iraq $11,811,186,446
Venezuela $10,393,784,130

Top Countries by U.S. Exports

Canada $12,889,487,623
Korea, South $8,759,407,067
China $7,069,821,191
Japan $6,828,271,058
Mexico $5,432,098,454

Top Importing States

Texas $38,699,639,436
Illinois $26,488,873,336
California $24,453,469,202
Louisiana $16,805,680,604
Pennsylvania $10,115,583,444

Top Exporting States

Texas $57,069,034,539
Louisiana $9,957,953,657
North Dakota $3,042,307,490
Maryland $1,162,602,725
Pennsylvania $1,084,953,485

Countries With Highest Trade Surplus

Korea, South $8,740,825,690
China $7,068,280,403
Japan $6,828,263,918
Netherlands $4,138,721,925
Taiwan $3,612,656,772

Countries With Highest Trade Deficit

Canada -$56,498,494,082
Saudi Arabia -$21,405,185,127
Iraq -$11,811,171,656
Venezuela -$10,313,629,170
Mexico -$8,754,688,223

U.S. Total Import value for NAICS Code 211 is $166,817,263,476. Canada, Saudi Arabia, and Mexico accounted for the top imports of Oil & Gas in 2018. States with most imports of Oil & Gas in 2018 were Texas, Illinois, and California.

U.S. Total Export value for this industry is $76,396,195,127. Canada, Korea, South, and China accounted for the top exports of Oil & Gas in 2018. States with most exports of Oil & Gas in 2018 were Texas, Louisiana, and North Dakota.

Questions & Answers

  • How many active businesses operate in NAICS Code 211?

    There are 4,943 verified business locations operating primarily in this industry.

  • What was the total revenue for NAICS Code 211?

    In 2017 the total revenue for Oil and Gas Extraction was $234,040,532,000

  • What was the annual payroll for NAICS Code 211?

    In 2017 the annual payroll for Oil and Gas Extraction was $14,075,852,000

  • How many people work in NAICS Code 211?

    The number of reported paid employees is 139,812.