Drilling Oil & Gas Wells Industry - Market Research, Statistics, and Financial Data

Drilling Oil & Gas Wells - Market Size and Industry Forecast

This Drilling Oil and Gas Wells report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government data.

Industry Revenue ($ Billions)

Drilling Oil & Gas Wells Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The drilling oil & gas wells research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Drilling Oil & Gas Wells - Geographic Breakdown by U.S. State

Market size by state evaluates local opportunity and measures the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for drilling oil & gas wells companies in the United States.

Drilling Oil & Gas Wells Revenue by State

Market Share by State

Drilling Oil & Gas Wells - Distribution by Company Size

Company Size All Industries Drilling Oil & Gas Wells
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Drilling Oil & Gas Wells - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Drilling Oil & Gas Wells - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Drilling Oil & Gas Wells - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%

Included

Chief Executives 0%
General and Operations Managers 3%
Office and Administrative Support Occupations 8%
Construction and Extraction Occupations 46%
Supervisors of Construction and Extraction Workers 5%
First-Line Supervisors of Construction Trades and Extraction Workers 5%
First-Line Supervisors of Construction Trades and Extraction Workers 5%
Construction Trades Workers 6%
Extraction Workers 35%
Derrick, Rotary Drill, and Service Unit Operators, Oil, Gas, and Mining 18%
Service Unit Operators, Oil, Gas, and Mining 10%
Roustabouts, Oil and Gas 12%
Roustabouts, Oil and Gas 12%
Installation, Maintenance, and Repair Occupations 8%
Other Installation, Maintenance, and Repair Occupations 5%
Production Occupations 6%
Transportation and Material Moving Occupations 14%
Motor Vehicle Operators 7%
Driver/Sales Workers and Truck Drivers 7%
Heavy and Tractor-Trailer Truck Drivers 7%
Material Moving Workers 5%

Drilling Oil & Gas Wells - Government Contracts

In 2008, the federal government spent a total of $249,111 on the drilling oil & gas wells industry. It has awarded 19 contracts to 11 companies, with an average value of $22,646 per company.

Drilling Oil & Gas Wells and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)

Included





Drilling Oil & Gas Wells Industry Report
Geography United States  
Publication Date June 2019
Report Format PDF Download  
Price $999.99