Extraction of crude petroleum
NACE v2.1 Code: B06.1
About extraction of crude petroleum
NACE code 06.1, 'Extraction of crude petroleum', represents a crucial industry within the broader energy sector. Crude oil, the primary output of this industry, is a vital raw material that fuels a wide range of economic activities, from transportation and manufacturing to power generation. The extraction of crude petroleum is a foundational component of the global economy, providing the energy necessary to power modern societies and drive economic growth.
Production process
The extraction of crude petroleum typically involves a multi-stage process. First, exploratory drilling is conducted to locate and assess potential oil reservoirs. Once a viable site is identified, production wells are drilled to extract the crude oil from the underground formations. Advanced techniques, such as hydraulic fracturing and horizontal drilling, are often employed to maximize the yield from these wells. The extracted crude oil is then transported, typically through pipelines or tankers, to refineries for further processing.
Production inputs
The extraction of crude petroleum requires a range of inputs, including specialized drilling equipment, such as rigs and pumps, as well as a skilled workforce of engineers, geologists, and technicians. Additionally, the industry relies on a steady supply of raw materials, such as steel for well casings and drilling mud for lubrication and well stabilization. Access to transportation infrastructure, such as pipelines and ports, is also crucial for the efficient movement of the extracted crude oil to refineries and other downstream industries.
Production outputs
The primary output of the crude petroleum extraction industry is, of course, crude oil. This raw material is then processed by 19.2 Manufacture of refined petroleum products to produce a wide range of refined petroleum products, including gasoline, diesel fuel, jet fuel, and lubricants. These refined products are then consumed by various other industries, such as 49.2 Freight transport by road, 51.1 Passenger air transport, and 20.1 Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms.
Revisions to 06.1
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 06.1. The most recent 1 version of this code (06.1) is in the NACE v2.1 system (this version):
This page shows the most recent version of code 06.1.
Older versions
- NACE v2.0:
Family tree for extraction of crude petroleum
graph LR A["<a href='/classifications/nace/v2-1/B'>B: MINING AND QUARRYING</a>"] A --> B["<a href='/classifications/nace/v2-1/B/06'>06: Extraction of crude petroleum and natural gas</a>"] B --> C["<a href='/classifications/nace/v2-1/B/06/1'>06.1: Extraction of crude petroleum</a>"] B --> D["<a href='/classifications/nace/v2-1/B/06/2'>06.2: Extraction of natural gas</a>"] C --> E["<a href='/classifications/nace/v2-1/B/06/10'>06.10: Extraction of crude petroleum</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level3 class D level3 class E level4 class C highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class C highlight