Wednesday, October 19, 2011

Oil and Gas Equipment Industry

This U.S. oil and gas field machinery industry is comprised of companies primarily 
engaged in: 
•  Manufacturing oil and gas field machinery and equipment (such as oil and gas 
field drilling machinery and equipment, oil and gas field production machinery 
and equipment, and oil and gas field derricks) 
•  Manufacturing water well drilling machinery. 
The following products are classified as oil and gas field machinery: 
•  Derricks for oil and gas fields; 
•  Drilling equipment for oil and gas fields; 
•  Christmas tree assemblies for oil and gas fields; 
•  Drilling rigs; 
•  Gas well machinery and equipment; 
•  Oil and gas field drilling machinery and equipment; 
•  Rock drill bits; 
•  Water well drilling machinery; 
•  Well logging equipment. 
The major NAIC code for this sector, and the code this report focuses on, is: 
333132: Oil and Gas Field Machinery Equipment Manufacturing



Other relevant NAIC codes are: 
333131: Mining Machinery and Equipment Manufacturing 
333911: Pump and Pumping Equipment 
336611: Ship Building and Repairing- offshore drilling platforms 
There are over 60 HS codes that can be included in NAIC 333132, and each HS code 
represents a very specific type of equipment used for oil and gas exploration and 
production.   

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