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Oil and Gas Extraction: NAICS 211

About the Oil and Gas Extraction subsector

The oil and gas extraction subsector is part of the mining, quarrying, and oil and gas extraction sector.

Industries in the Oil and Gas Extraction subsector operate and/or develop oil and gas field properties. Such activities may include exploration for crude petroleum and natural gas; drilling, completing, and equipping wells; operating separators, emulsion breakers, desilting equipment, and field gathering lines for crude petroleum and natural gas; and all other activities in the preparation of oil and gas up to the point of shipment from the producing property. This subsector includes the production of crude petroleum, the mining and extraction of oil from oil shale and oil sands, and the production of natural gas, sulfur recovery from natural gas, and recovery of hydrocarbon liquids.

North American Industry Classification System

The oil and gas extraction subsector consists of a single industry group, Oil and Gas Extraction: NAICS 2111.

Workforce Statistics

This section provides information relating to employment in oil and gas extraction. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change.

Employment

Data series Back
data
Jul.
2024
Aug.
2024
Sep.
2024
Oct.
2024

Employment (in thousands)

Employment, all employees (seasonally adjusted)

120.0 119.0 (p)119.7 (p)119.6

Employment, production and nonsupervisory employees

88.4 88.5 (p)87.5  

Footnotes
(p) Preliminary

Employment by Occupation

Data series Employment,
2023

Geoscientists, except hydrologists and geographers

1,910

Petroleum engineers

5,720

Petroleum pump system operators, refinery operators, and gaugers

2,190

Roustabouts, oil and gas

4,620

Wellhead pumpers

11,670

(Source: Occupational Employment and Wage Statistics)

Projections

For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for oil and gas extraction.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in oil and gas extraction.

Earnings and Hours of All Employees

Data series Back
data
Jun.
2024
Jul.
2024
Aug.
2024
Sep.
2024

Average hourly earnings

$49.50 $47.66 $47.84 (p)$48.38

Average weekly hours

44.1 42.2 41.8 (p)43.8

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Jun.
2024
Jul.
2024
Aug.
2024
Sep.
2024

Average hourly earnings

$44.44 $42.79 $43.12 (p)$42.92

Average weekly hours

47.7 47.1 45.5 (p)47.2

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2023
Hourly Annual
Median Mean Median Mean

Geoscientists, except hydrologists and geographers

75.40 75.28 156,830 156,580

Petroleum engineers

76.31 78.45 158,720 163,170

Petroleum pump system operators, refinery operators, and gaugers

38.34 40.09 79,750 83,380

Roustabouts, oil and gas

21.97 25.23 45,690 52,470

Wellhead pumpers

37.24 35.48 77,460 73,800

(Source: Occupational Employment and Wage Statistics)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in oil and gas extraction. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

Data series 2019 2020 2021 2022

Fatalities

Number of fatalities

22 7 6 9

Blank cells indicate no data reported or data that do not meet publication criteria.

Data series 2023

Rate of injury and illness cases per 100 full-time workers

Total recordable cases

0.9

Cases involving days away from work, job restriction, or transfer

0.5

Cases involving days away from work

0.4

Cases involving days of job transfer or restriction

0.1

Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Prices

This section provides industry-specific pricing information. The producer price index measures the percentage change in prices that domestic producers receive for goods and services. The prices included in the producer price index are from the first commercial transaction.

Data series Back
data
Jul.
2024
Aug.
2024
Sep.
2024
Oct.
2024

Producer price index

(p)197.953 (p)183.848 (p)165.375 (p)179.297

Percent change from previous month

  (p)2.8% (p)-7.1% (p)-10.0% (p)8.4%

Footnotes
(p) Preliminary

(Source: Producer Price Indexes)

Workplace Trends

This section presents data on the number of establishments in oil and gas extraction. Also included in this section is information on productivity, presented as the rate of change in output per hour of workers in the industry.

Establishments

Data series Back
data
2nd quarter
2023
3rd quarter
2023
4th quarter
2023
1st quarter
2024

Number of establishments

Private industry

6,416 6,405 6,386 (p)6,349

Local government

1 1 1 (p)1

Footnotes
(p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

This section presents productivity and related data for the industry, presented as the percent change from the previous year. Measures of total factor productivity (TFP) compare growth in output to the growth in a combination of inputs that include labor, capital, energy, materials, and services. Measures of labor productivity, or output per hour, compare the growth in output to the growth in hours worked.

Data series Back
data
2019 2020 2021 2022

Total factor productivity (TFP)

7.9 13.6 -15.9 -14.2

Output

14.6 -6.8 -2.9 6.6

Combined inputs

6.2 -17.9 15.5 24.2

Capital input

8.7 -0.4 -0.3 0.5

Labor input

2.6 -16.0 -12.6 12.9

Labor productivity, output per hour

10.0 10.3 12.6 -5.7

(Source: Productivity)

 

Data extracted on: November 27, 2024