Establishments primarily engaged in drilling wells for oil or gas field operations for others on a contract or fee basis. This industry includes contractors that specialize in spudding in, drilling in, redrilling, and directional drilling.
SIC Code 1381 - Drilling Oil and Gas Wells is a final level code of the “Mining” Division. There are 724 companies classified in this industry in the USA with an estimated employment of 0 people.
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Texas has the most oil and gas well companies in the USA with over 200 companies. Louisiana, Oklahoma, North Dakota, Kansas, California, Colorado, Florida and Wyoming are also represented strongly in this industry.
There are only a few big players in this industry with most of the companies generating less than $10 million in revenue a year. Some of the large companies in this industry include: Helmerich & Payne, Nabors Industries, Noble Drilling Services, and Transocean.
Oil drilling companies are classified under SIC Code 1381 – Drilling Oil and Gas Wells. This includes oil field contractors, oil well drilling, and gas well drilling.