Oil & Gas Field Equipment Manufacturing
Industry Description
The US oil and gas field equipment manufacturing industry includes about 500 companies with combined annual revenue of $16 billion. Major companies include Baker Hughes, Cameron International, FMC Technologies, National Oilwell Varco, and US divisions of Schlumberger. The industry is highly concentrated: the top 50 companies account for 80 percent of revenue.
SIC: 3533
NAICS: 333132
NAICS: 333132
Related Industries:
Natural Gas Distribution & Marketing, Oil & Gas Exploration & Production, Oil & Gas Field ServicesTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Baker Hughes Incorporated | 19,831.00M | Houston, TX |
| National Oilwell Varco, Inc. | 14,658.00M | Houston, TX |
| Weatherford International Ltd. | 10,220.80M | Geneva, Switzerland |
| Cameron International Corporation | 6,959.00M | Houston, TX |
| FMC Technologies, Inc. | 4,125.60M | Houston, TX |
Trends
Rising Rig Counts - The number of drilling rigs worldwide increased approximately 60...
Industry Indicator
The average US retail price for diesel and regular gas, which influences oil and gas companies' ability to invest in new equipment, rose 13.1 percent and 9.3 percent respectively in the week ending January 16, 2012, compared to the same week in 2011.


