Oil & Gas Exploration & Production
Industry Description
The US oil and gas exploration and production industry consists of about 5,000 companies with combined annual revenue of about $290 billion. Major companies include Anadarko Petroleum, Apache Corporation, Devon Energy, and Marathon Oil, along with the exploration and production divisions of integrated companies such as Exxon Mobil, Chevron, and ConocoPhillips.
SIC: 1311, 1321
NAICS: 211111, 211112
NAICS: 211111, 211112
Related Industries:
Petroleum & Petroleum Products Wholesalers, Natural Gas Distribution & Marketing, Oil & Gas Field Equipment Manufacturing, Oil & Gas Field Services, Biofuel Manufacturing, Petroleum RefiningTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| BP p.l.c. | 386,463.00M | London, United Kingdom |
| PetroChina Company Limited | 221,570.75M | Beijing, China |
| Chevron Denmark, Filial af Chevron Denmark Inc., USA | 184,195.23M | Kobenhavn, Denmark |
| OAO Gazprom | 118,069.25M | Moscow, Russia |
| Statoil ASA | 89,722.37M | Stavanger, Norway |
There are 20,764 companies in this industry. To view all of them, register now.Trends
Declining US Oil Production - US crude oil production declined about 10 percent from...
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The average US retail price for diesel and regular gas, which influences profitability for oil and gas companies, rose 13.1 percent and 9.3 percent respectively in the week ending January 16, 2012, compared to the same week in 2011.
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Natural Gas Poised for Demand Surge - Global demand for natural gas is on the verge of significant growth, according to recent statements from Chesapeake Energy, a leading producer for natural gas.
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