Industry Sector

Mining, Quarrying, and Oil and Gas Extraction

Total Companies

5,498

Verified Companies

4,929

Est. Employment

113,228

Annual Payroll

$11,524,199,000

Total Revenue

$165,358,648,000

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Description

This industry comprises establishments primarily engaged in (1) the exploration, development and/or the production of petroleum from wells in which the hydrocarbons will initially flow or can be produced using normal or enhanced drilling and extraction techniques or (2) the production of crude petroleum from surface shales or tar sands or from reservoirs in which the hydrocarbons are semisolids. Establishments in this industry operate oil wells on their own account or for others on a contract or fee basis.

Snapshot

NAICS Code 211120 - Crude Petroleum Extraction is a final level code of the “Mining, Quarrying, and Oil and Gas Extraction” Sector. There are 4,929 companies verified as active in this industry in the USA with an estimated employment of 113,228 people.

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Industry Examples

Common types of examples within NAICS Code 211120 - Crude Petroleum Extraction are:

  • Crude petroleum lease condensate production
  • Oil field development for own account
  • Oil field exploration for own account
  • Removal of crude petroleum by field gathering lines, except on a contract basis
  • Stripper oil well production

Industry Image

Example photo for industry NAICS 211120 - Crude Petroleum Extraction . This image represents an activity or product found in this industry.

Cross-References

For some business types, there may be a similar industry to NAICS Code 211120 - Crude Petroleum Extraction that is a better classification match. Establishments primarily engaged in:

Companies

SICCODE.com compiles comprehensive business data and executive contact leads for businesses within NAICS Code 211120 - Crude Petroleum Extraction . Some of the leading and most notable companies are listed below. To order a list of companies within NAICS Code 211120 - Crude Petroleum Extraction for marketing (postal mailing, telemarketing, emailing) or analytics-use, click on the link below to “Buy Business List”. Our data analysts are standing by to assist in your list setup and target marketing.

Industry Executives

Would you like to email executives in NAICS Code 211120 - Crude Petroleum Extraction ? Below are some of the common job titles available to be targeted.

  • Business Development
  • Chairman
  • C-Level
  • Director
  • Engineering
  • Executive Director
  • Facilities
  • Finance
  • Human Resource
  • IT
  • Manager
  • Marketing
  • Manufacturing
  • Operations
  • Owner
  • Partner
  • President
  • Principal
  • Purchasing
  • Sales
  • Vice President

For specific job title targeting, please provide details in the business list request form.

Executive Email List

USA Import, Export, and Balance of Trade

Import (USD)

$156,859,457,909

Export (USD)

$48,200,209,326

Balance of Trade (USD)

-$108,659,248,583

Top Countries by U.S. Imports

Canada $60,799,098,089
Saudi Arabia $21,417,703,759
Mexico $14,172,818,452
Iraq $11,811,186,446
Venezuela $10,388,635,317

Top Countries by U.S. Exports

Canada $10,323,729,549
Korea, South $5,805,327,729
China $5,430,626,753
United Kingdom $3,881,127,203
India $3,551,022,862

Countries With Highest Trade Surplus

Korea, South $5,805,327,729
China $5,430,626,753
Taiwan $3,293,603,813
India $3,276,117,687
Netherlands $3,169,239,428

Countries With Highest Trade Deficit

Canada -$50,475,368,540
Saudi Arabia -$21,417,703,759
Mexico -$14,104,810,541
Iraq -$11,811,186,446
Venezuela -$10,388,635,317

U.S. Total Import value for NAICS Code 211120 is $156,859,457,909. Canada, Saudi Arabia, and Mexico accounted for the top imports of Crude Petroleum in 2018.

U.S. Total Export value for this industry is $48,200,209,326. Canada, Korea, South, and China accounted for the top exports of Crude Petroleum in 2018.

Questions & Answers

  • What is the NAICS Code for Petroleum Production?

    Petroleum production companies from wells or surface shale and sands are classified under NAICS Code 211120 - Crude Petroleum Extraction.

  • What is the largest size for a business in Crude Petroleum Extraction to remain classified as a small business?

    Any business in Crude Petroleum Extraction with under 1,250 employees may be classified as a small business by SBA and Federal government programs.

  • How many active businesses operate in NAICS Code 211120?

    There are 4,929 verified business locations operating primarily in this industry.

  • What was the total revenue for NAICS Code 211120?

    In 2017 the total revenue for Crude Petroleum Extraction was $165,358,648,000

  • What was the annual payroll for NAICS Code 211120?

    In 2017 the annual payroll for Crude Petroleum Extraction was $11,524,199,000

  • How many people work in NAICS Code 211120?

    The number of reported paid employees is 113,228.