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Size of the US Crude Petroleum Extraction industry

NAICS 21112, Crude Petroleum Extraction. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld.

Key figures

Receipts (sales, shipments or revenue)
$354 billion
2022 · Economic Census
All establishments, current dollars
Employment
74,732
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
4,158
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
3,220
2022 · Economic Census
Annual payroll
$12.7 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 74,732 · 2026-Q1
2019-Q1: 104,3372019-Q2: 105,1502019-Q3: 102,8612019-Q4: 101,3742020-Q1: 99,3962020-Q2: 93,8792020-Q3: 90,0372020-Q4: 87,9992021-Q1: 82,7452021-Q2: 82,1882021-Q3: 81,3692021-Q4: 81,7482022-Q1: 81,9222022-Q2: 81,7362022-Q3: 82,1122022-Q4: 82,4622023-Q1: 83,3522023-Q2: 83,2312023-Q3: 83,3202023-Q4: 84,7292024-Q1: 83,7622024-Q2: 84,0672024-Q3: 83,3012024-Q4: 82,5062025-Q1: 80,7232025-Q2: 80,1292025-Q3: 79,5452025-Q4: 78,7872026-Q1: 74,732NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q174,7322022
2025-Q478,7872022
2025-Q379,5452022
2025-Q280,1292022
2025-Q180,7232022
2024-Q482,5062022
2024-Q383,3012022
2024-Q284,0672022
2024-Q183,7622022
2023-Q484,7292022
2023-Q383,3202022
2023-Q283,2312022
2023-Q183,3522022
2022-Q482,4622022
2022-Q382,1122022
2022-Q281,7362022
2022-Q181,9222022
2021-Q481,7482017
2021-Q381,3692017
2021-Q282,1882017
2021-Q182,7452017
2020-Q487,9992017
2020-Q390,0372017
2020-Q293,8792017
2020-Q199,3962017
2019-Q4101,3742017
2019-Q3102,8612017
2019-Q2105,1502017
2019-Q1104,3372017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter

Employment · County Business PatternsLatest 63,367 · 2023
2017: 85,1692018: 80,7702019: 75,5962020: 70,4072021: 59,9852022: 58,5512023: 63,367
Show the numbers
PeriodValue
202363,367
202258,551
202159,985
202070,407
201975,596
201880,770
201785,169

Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12

Establishments · Quarterly Census of Employment and WagesLatest 4,158 · 2026-Q1
2019-Q1: 4,8282019-Q2: 4,7872019-Q3: 4,8152019-Q4: 4,8062020-Q1: 4,6942020-Q2: 4,6612020-Q3: 4,6042020-Q4: 4,5812021-Q1: 4,5152021-Q2: 4,5002021-Q3: 4,4692021-Q4: 4,4572022-Q1: 4,4352022-Q2: 4,4432022-Q3: 4,4452022-Q4: 4,4582023-Q1: 4,4552023-Q2: 4,4362023-Q3: 4,4232023-Q4: 4,4102024-Q1: 4,3432024-Q2: 4,3342024-Q3: 4,3032024-Q4: 4,2822025-Q1: 4,2152025-Q2: 4,1982025-Q3: 4,1842025-Q4: 4,1742026-Q1: 4,158NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q14,1582022
2025-Q44,1742022
2025-Q34,1842022
2025-Q24,1982022
2025-Q14,2152022
2024-Q44,2822022
2024-Q34,3032022
2024-Q24,3342022
2024-Q14,3432022
2023-Q44,4102022
2023-Q34,4232022
2023-Q24,4362022
2023-Q14,4552022
2022-Q44,4582022
2022-Q34,4452022
2022-Q24,4432022
2022-Q14,4352022
2021-Q44,4572017
2021-Q34,4692017
2021-Q24,5002017
2021-Q14,5152017
2020-Q44,5812017
2020-Q34,6042017
2020-Q24,6612017
2020-Q14,6942017
2019-Q44,8062017
2019-Q34,8152017
2019-Q24,7872017
2019-Q14,8282017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Establishments · County Business PatternsLatest 3,863 · 2023
2017: 5,3332018: 5,1602019: 4,9442020: 4,4462021: 4,1272022: 3,9732023: 3,863
Show the numbers
PeriodValue
20233,863
20223,973
20214,127
20204,446
20194,944
20185,160
20175,333

Source: U.S. Census Bureau, County Business Patterns

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $7.3 billion · 2026-Q1
2019-Q1: $6.9 billion2019-Q2: $4.3 billion2019-Q3: $4.3 billion2019-Q4: $4.5 billion2020-Q1: $6.9 billion2020-Q2: $3.8 billion2020-Q3: $3.8 billion2020-Q4: $4.2 billion2021-Q1: $5.0 billion2021-Q2: $3.3 billion2021-Q3: $3.3 billion2021-Q4: $4.1 billion2022-Q1: $5.9 billion2022-Q2: $3.7 billion2022-Q3: $3.6 billion2022-Q4: $4.2 billion2023-Q1: $6.8 billion2023-Q2: $3.7 billion2023-Q3: $3.7 billion2023-Q4: $4.3 billion2024-Q1: $6.9 billion2024-Q2: $3.9 billion2024-Q3: $3.9 billion2024-Q4: $4.5 billion2025-Q1: $7.0 billion2025-Q2: $3.8 billion2025-Q3: $3.7 billion2025-Q4: $4.6 billion2026-Q1: $7.3 billionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$7.3 billion2022
2025-Q4$4.6 billion2022
2025-Q3$3.7 billion2022
2025-Q2$3.8 billion2022
2025-Q1$7.0 billion2022
2024-Q4$4.5 billion2022
2024-Q3$3.9 billion2022
2024-Q2$3.9 billion2022
2024-Q1$6.9 billion2022
2023-Q4$4.3 billion2022
2023-Q3$3.7 billion2022
2023-Q2$3.7 billion2022
2023-Q1$6.8 billion2022
2022-Q4$4.2 billion2022
2022-Q3$3.6 billion2022
2022-Q2$3.7 billion2022
2022-Q1$5.9 billion2022
2021-Q4$4.1 billion2017
2021-Q3$3.3 billion2017
2021-Q2$3.3 billion2017
2021-Q1$5.0 billion2017
2020-Q4$4.2 billion2017
2020-Q3$3.8 billion2017
2020-Q2$3.8 billion2017
2020-Q1$6.9 billion2017
2019-Q4$4.5 billion2017
2019-Q3$4.3 billion2017
2019-Q2$4.3 billion2017
2019-Q1$6.9 billion2017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Annual payroll · County Business PatternsLatest $12.7 billion · 2023
2017: $11.3 billion2018: $11.9 billion2019: $11.3 billion2020: $10.3 billion2021: $9.3 billion2022: $10.4 billion2023: $12.7 billion
Show the numbers
PeriodValue
2023$12.7 billion
2022$10.4 billion
2021$9.3 billion
2020$10.3 billion
2019$11.3 billion
2018$11.9 billion
2017$11.3 billion

Source: U.S. Census Bureau, County Business Patterns

The ledger

Every published measure

MeasureSourceLatestPeriodHistory
EmploymentPrivate-sector jobs in the third month of each quarterQuarterly Census of Employment and Wages74,7322026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages4,1582026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$7.3 billion2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$12.7 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns63,36720232017–2023 · 7 published
EstablishmentsCounty Business Patterns3,86320232017–2023 · 7 published
Annual payrollEconomic Census$7.4 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census73,85220222017–2022 · 2 published
EstablishmentsEconomic Census3,69220222017–2022 · 2 published
FirmsEconomic Census3,22020222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$354 billion20222017–2022 · 2 published

Breakdown

Industries within Crude Petroleum Extraction

NAICSIndustrySizeEmployment
211120Crude Petroleum Extraction$354 billionReceipts · 2022 · Economic Census74,7322026-Q1 · QCEW

Sources

Where every number comes from

Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.