Oil & Gas Field Services
Industry Description
The US oil and gas field services industry includes about 7,600 companies with combined annual revenue of about $72 billion. Major companies include Baker Hughes, Diamond Offshore Drilling, Halliburton, National Oilwell Varco, and Schlumberger Limited, the US operations of Schlumberger.
SIC: 1381, 1382
NAICS: 213111, 213112
NAICS: 213111, 213112
Related Industries:
Natural Gas Distribution & Marketing, Oil & Gas Exploration & Production, Oil & Gas Field Equipment Manufacturing, Petroleum RefiningTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| MELLITAH OIL & GAS B.V | 114,631.34M | Tripoli, Libya |
| Schlumberger Limited | 39,669.00M | Houston, TX |
| Schlumberger N.V. | 39,540.00M | Willemstad, Netherlands Antilles |
| BHP BILLITON PETROLEUM TRADING AND MARKETING PTY. LTD. | 29,481.84M | Melbourne, Vic |
| BHP CAPITAL NO. 20 PTY. LIMITED | 29,335.50M | Melbourne, Vic |
Trends
Growth by Acquisition - Many companies in the industry have grown in recent...
Industry Indicator
The average US retail price for diesel and regular gas, which influences profitability for oil and gas field service companies, rose 2.4 percent and 5.3 percent respectively in the week ending May 14, 2012, compared to the same week in 2011.
Quarterly Industry Update
Study Calls for Tougher Well Standards, Tests - US oilfield services companies' well construction and cementing operations may face tougher scrutiny as result of recent studies. Many critics have attributed ground water contamination...


