Extraction of natural gas

ISIC v4.0 Code: 0620

About extraction of natural gas

isic code 0620 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 in various industrial processes. The extraction of natural gas is a significant industry, providing an essential energy source and contributing to the overall energy supply mix.

Production process

The extraction of natural gas typically involves drilling wells into underground reservoirs where natural gas is trapped. Once the well is established, the natural gas is brought to the surface through a series of pipes and valves. The extracted gas may then undergo various processing steps, such as separation, purification, and compression, to remove impurities and prepare it for distribution and use.

Production inputs

The main inputs required for the extraction of natural gas include specialized drilling equipment, such as rigs, pipes, and pumps, as well as exploration and surveying technologies to locate and assess natural gas deposits. Additionally, the industry relies on a skilled workforce, including geologists, engineers, and technicians, to carry out the extraction and processing operations.

Production outputs

The primary output of the natural gas extraction industry is the natural gas itself, which is then distributed and consumed by a variety of other industries, including 3510 Electricity, gas, steam and air conditioning supply, 1920 Manufacture of refined petroleum products, and 2011 Manufacture of basic chemicals. Natural gas can also be liquefied for easier transportation and storage, leading to the production of 1920 Manufacture of refined petroleum products.

Family tree for extraction of natural gas

    graph LR
    A["<a href='/classifications/isic/v4/B'>B: Mining and quarrying</a>"]
A --> B["<a href='/classifications/isic/v4/B/06'>06: Extraction of crude petroleum and natural gas</a>"]
B --> C["<a href='/classifications/isic/v4/B/062'>062: Extraction of natural gas</a>"]
C --> D["<a href='/classifications/isic/v4/B/0620'>0620: Extraction of natural gas</a>"]

    
    

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