Industry

Crude Petroleum Extraction

Establishments (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.

Extraction of natural gas and crude petroleum

Sector income

$172

bn

5yr change: -39%

Sector expenditure

$37

bn

5yr change: -16%

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