Extraction of natural gas

NACE v2.0 Code: B06.20

About extraction of natural gas

NACE code 06.20 covers the extraction of natural gas, a vital energy resource that plays a crucial role in the global economy. Natural gas is a naturally occurring hydrocarbon gas mixture, primarily composed of methane, that is extracted from underground reservoirs and processed for use as a fuel source. The extraction of natural gas is a significant industry, providing a clean-burning and efficient energy source for a wide range of applications, including residential heating, industrial processes, and electricity generation.

Production process

The extraction of natural gas typically involves drilling wells into underground reservoirs and using specialized equipment to bring the gas to the surface. Once extracted, the natural gas undergoes processing to remove impurities and separate the various hydrocarbon components. This may involve techniques such as dehydration, compression, and fractionation to ensure the gas meets the required quality standards for distribution and use.

Production inputs

The main inputs required for the extraction of natural gas include the natural gas reservoirs themselves, as well as the specialized drilling equipment, pipelines, and processing facilities necessary to extract, transport, and refine the gas. Additionally, the industry relies on a skilled workforce of geologists, engineers, and technicians to locate, extract, and process the natural gas effectively.

Production outputs

The primary output of the natural gas extraction industry is the refined natural gas product, which is then distributed and consumed by a variety of other NACE codes, including 35.21 Manufacture of gas, 35.22 Distribution of gaseous fuels through mains, and 35.30 Steam and air conditioning supply. Natural gas is a versatile energy source, used for heating, power generation, and various industrial processes.

Revisions to 06.20

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 06.20. The most recent 1 version of this code (06.20) is in the NACE v2.1 system:

This page shows a legacy version of code 06.20 ( NACE v2.0).

Newer versions

Related Tariff Codes (HS / Harmonized System)

These HS codes are related to this econ code: (06.20).

HS code HS year HS title
271111HS v2017Petroleum gases and other gaseous hydrocarbons; liquefied, natural gas
271121HS v2017Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas

Related ISIC Codes

These isic codes are related to this econ code: (06.20).

ISIC code ISIC Version ISIC title
0620ISIC v4.0Extraction of natural gas

Related CPC Codes

These CPC codes are related to this econ code: (06.20).

CPC code CPC Version CPC title
12020CPC v2.1Natural gas, liquefied or in the gaseous state
86221CPC v2.1Oil and gas extraction services on resources owned by others

Family tree for extraction of natural gas

    graph LR
    A["<a href='/classifications/nace/v2/B'>B: MINING AND QUARRYING</a>"]
A --> B["<a href='/classifications/nace/v2/B/06'>06: Extraction of crude petroleum and natural gas</a>"]
B --> C["<a href='/classifications/nace/v2/B/06/2'>06.2: Extraction of natural gas</a>"]
C --> D["<a href='/classifications/nace/v2/B/06/20'>06.20: Extraction of natural gas</a>"]

    
    

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