Crude Petroleum Extraction

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

This industry comprises establishments primarily engaged in (1) the exploration, development, and/or the production of petroleum from wells in which the hydrocarbons will initially flow or can be produced using normal or enhanced drilling and extraction techniques or (2) the production of crude petroleum from surface shales or tar sands or from reservoirs in which the hydrocarbons are semisolids. Establishments in this industry operate oil wells on their own account or for others on a contract or fee basis.

NAICS code 211120 — Crude Petroleum Extraction — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Oil and Gas Extraction space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of 1,250 employees, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 211120.

What is NAICS code 211120?

NAICS code 211120 is 'Crude Petroleum Extraction', classified under the Mining, Quarrying, and Oil and Gas Extraction sector (NAICS 21). This industry comprises establishments primarily engaged in (1) the exploration, development, and/or the production of petroleum from wells in which the hydrocarbons will initially flow or can be prod

What is the SBA small business size standard for NAICS code 211120?

The SBA defines a small business under NAICS code 211120 (Crude Petroleum Extraction) as one with 1,250 employees. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 211120 in SAM.gov?

To register NAICS code 211120 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 211120 (Crude Petroleum Extraction) to your NAICS code list. You may designate one code as your Primary NAICS code.