NAICS 21112 - Crude Petroleum Extraction
This page includes content generated by AI. It is intended for general guidance only and should be verified for your specific situation.
Related NAICS Codes for NAICS 21112
Click on any NAICS code to explore that specific industry within NAICS 21112
| NAICS Code | Industry Title |
|---|---|
| 211120 | Crude Petroleum Extraction |
What is NAICS 21112
NAICS code 21112 covers the extraction of crude petroleum from natural underground reservoirs, including the drilling, completion, and production of oil wells. This sector is primarily composed of businesses engaged in the exploration and development of crude oil reserves, employing advanced technologies and expertise to efficiently and safely extract petroleum resources. Companies operating under this code range from small independent operators to large multinational corporations specializing in upstream oil production. Government agencies contract these services to secure reliable energy supplies, support strategic reserves, and foster energy independence. Additionally, contracts may focus on environmental compliance, site remediation, and technology development to improve extraction processes and reduce environmental impact.
Breakdown for NAICS 21112
- Includes activities related to drilling, completion, and production of crude oil wells.
- Covers both onshore and offshore petroleum extraction operations.
- Applies to businesses ranging from small independents to major multinational corporations.
- Subject to federal, state, and local regulatory and environmental oversight.
- Supports national energy security and strategic petroleum reserve management.
- Involves the use of advanced technologies for efficient and safe extraction.
Included Activities for NAICS 21112
- Exploration and identification of crude oil reserves.
- Drilling and completion of oil wells.
- Operation and maintenance of production facilities.
- Implementation of enhanced oil recovery techniques.
- Environmental monitoring and regulatory compliance.
- Site remediation and reclamation after extraction.
- Data collection and geological analysis.
- Coordination with regulatory agencies and land management bodies.
Business Types for NAICS 21112
- Independent oil and gas exploration companies.
- Integrated oil and gas producers.
- Oilfield services contractors.
- Energy technology providers.
- Environmental consulting firms specializing in petroleum extraction.
- Joint ventures and consortiums focused on upstream oil production.
Government Buyers for NAICS 21112
Federal agencies such as the Department of Energy (DOE), the Department of Defense (DoD), and the Bureau of Land Management (BLM) are typical buyers of crude petroleum extraction services. These agencies require petroleum extraction services to support national energy security, maintain strategic petroleum reserves, and manage public lands with oil resources. State and local governments also contract these services for regional energy development and economic growth initiatives. Reliable access to domestic crude petroleum is critical for fueling military operations, transportation infrastructure, and industrial processes, making this a vital sector for government procurement.
Contract Types & Procurement for NAICS 21112
Contracts in this sector often include firm-fixed-price, cost-plus-fixed-fee, and indefinite delivery/indefinite quantity (IDIQ) agreements. Procurement methods vary from competitive bidding to negotiated contracts, depending on project complexity and urgency. Typical contract values range widely from several hundred thousand dollars for small exploration projects to multi-million-dollar contracts for large-scale drilling and production operations. Contracts may also involve joint ventures and partnerships to leverage specialized technology and reduce financial risk. Government contracts often include stringent regulatory compliance and environmental management requirements.
Federal Contracting Intelligence
Find Crude Petroleum Extraction Contract Opportunities
Access federal solicitations, track award history, and monitor agency spend in this industry in one place. Designed to support small businesses pursuing federal revenue.
- Opportunities updated regularly from SAM.gov
- Filter by set-aside, agency, NAICS, and PSC
- Get notified when matching opportunities are posted
Schedule a Call
30 minutes • Discuss your goals with our team
Guidance
Leverage Your Certifications for a Competitive Edge
Our federal contracting specialists can help businesses build certifications and capability statements to pursue opportunities in industries like Crude Petroleum Extraction .
- WOSB, VOSB & 8(a) certification support
- Capability statement writing & review
- SAM.gov registration & compliance guidance
Construction
Technology
Logistics
Healthcare
+ Many More Industries
Discover Your Next Industry Opportunity
Browse thousands of NAICS codes across every federal procurement sector. Find industries aligned with your capabilities and uncover where government spending is concentrated.
Search the NAICS Directory
1,000+ industry codes • Free to browse