2111

Analysis

NAICS 2111 is the 2022 industry group for oil and gas extraction, part of 211 (Oil and Gas Extraction). Census lists 49 example activities under it in the official index.

County Business Patterns counts 5,205 US establishments in this code in 2023, employing 90,968 people at an average annual payroll of $192,366 per employee (99th percentile of national industries). 62% of the establishments have fewer than five employees, which marks it as a small-business industry.

Between 2018 and 2023 the number of establishments fell 17% and employment fell 15%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.

Across its national industries Census lists 49 index entries; typical ones are crude petroleum from oil sand and butane, natural, mining.

Its goods appear in 17 statistical lines of the US tariff schedule, mostly under headings 2711 (petroleum gases and other gaseous hydrocarbons), 2709 () and 2714 (bitumen and asphalt, natural; bituminous or oil shale and…). That link is how import data is matched to domestic producers, for example in trade-remedy cases.

It splits into 2 more detailed codes. The largest by establishments is 21112 (Crude Petroleum Extraction) with 3,863.