Extraction of natural gas

isic code 062 covers the extraction of natural gas, a vital energy resource that plays a crucial role in the global economy. Natural gas is a clean-burning fossil fuel used for heating, electricity generation, and as a feedstock for various industrial processes. The extraction of natural gas is a significant industry, providing a reliable and efficient energy source that supports economic growth and development across numerous sectors.

The extraction of natural gas typically involves drilling wells into underground reservoirs where the gas is trapped. Once the well is established, the gas is brought to the surface through a series of pipes and valves. Advanced techniques, such as hydraulic fracturing (fracking) and horizontal drilling, have enabled the extraction of natural gas from previously inaccessible formations, significantly expanding the industry's reach and production capabilities.

The extraction of natural gas requires a range of inputs, including specialized drilling equipment, such as rigs, pipes, and pumps, as well as skilled labor to operate the equipment and manage the extraction process. Additionally, the industry relies on access to land and mineral rights, as well as significant investments in infrastructure, such as pipelines and storage facilities, to transport and distribute the extracted natural gas.

The primary output of the natural gas extraction industry is, of course, natural gas itself. This output is then consumed by a variety of other industries, including 351 Electricity, gas, steam and air conditioning supply, 192 Manufacture of refined petroleum products, and 201 Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms, among others. The extraction of natural gas also produces associated byproducts, such as natural gas liquids, which can be further processed and utilized in various applications.