Crude Petroleum Extraction
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. Cross-References. Establishments primarily engaged in--Show more
NAICS 211120 – Crude Petroleum Extraction encompasses the exploration, drilling, and production of unrefined crude oil from underground reservoirs, including onshore and offshore operations. This sector involves the use of advanced extraction technologies such as directional drilling, hydraulic fracturing, and well completion systems to access hydrocarbon reserves.
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