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Industries At A glance

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

Industries within the Oil and Fuel Extraction subsector operate and/or develop oil and gas subject properties. Such actions may embrace exploration for crude petroleum and pure fuel; drilling, completing, and equipping wells; operating separators, emulsion breakers, desilting gear, and field gathering lines for crude petroleum and pure gasoline; and all different activities in the preparation of oil and fuel as much as the point of shipment from the producing property. This subsector includes the manufacturing of crude petroleum, the mining and extraction of oil from oil shale and oil sands, and the manufacturing of natural fuel, sulfur restoration from natural fuel, and recovery of hydrocarbon liquids.

North American Trade Classification System
The oil and gas extraction subsector consists of a single trade group, Oil and Fuel Extraction: NAICS 2111. Workforce Statistics

This section gives information regarding employment in oil and gasoline extraction. These information are obtained from employer or institution surveys. The next tables present an summary of the trade including the number of jobs, knowledge for occupations frequent to the business, and projections of occupational employment change.

Employment (in thousands)

Employment, all workers (seasonally adjusted)
Employment, production and nonsupervisory staff

Employment by Occupation

For projected (future) employment estimates, see the National current crude oil prices chart Employment Matrix, which includes employment estimates by business and occupation for oil and gasoline extraction.

(Supply: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This part presents data on worker earnings and weekly hours. The newest trade averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are current crude oil prices chart shown for occupations generally found in oil and gas extraction.

Earnings and Hours of All Staff
Earnings and Hours of Manufacturing and Nonsupervisory Workers

Common hourly earnings
Average weekly hours

(Source: Present Employment Statistics)
Earnings by Occupation

Geoscientists, except hydrologists and geographers
Petroleum engineers

Petroleum pump system operators, refinery operators, and gaugers
Roustabouts, oil and gasoline

Wellhead pumpers
(Source: Occupational Employment Statistics)

Work-associated Fatalities, Injuries, and Illnesses
This section presents data for the trade on the variety of workplace fatalities and the rates of office injuries and illnesses per 100 full-time staff in oil and fuel extraction. An damage or illness is considered to be work-related if an event or publicity in the work setting both brought on or contributed to the ensuing condition or considerably aggravated a pre-present condition.

Number of fatalities

Charge of harm and illness instances per a hundred full-time employees
Total recordable circumstances

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

Cases involving days of job switch or restriction
Blank cells point out no information reported or data that don’t meet publication standards.

(Supply: Accidents, Illnesses, and Fatalities)

This part provides trade-specific pricing information. The producer worth index measures the percentage change in prices that home producers receive for items and services. The costs included within the producer value index are from the first industrial transaction.

Producer price index
P.c change from previous month

(p) Preliminary
(Source: Producer Worth Indexes)

Office Trends
This section presents knowledge on the variety of establishments in oil and gas extraction. Additionally included in this part is information on productiveness, introduced as the rate of change in output per hour of employees in the industry.