21113 - Natural Gas Extraction
The energy sector remains a critical backbone of the global economy, and within the United States, the NAICS code 21113 – Natural Gas Extraction plays a pivotal role in powering industries and homes alike. This specialized classification is essential for businesses, government contractors, and industry stakeholders who want to understand or operate within the natural gas extraction landscape.
What is NAICS Code 21113?
NAICS (North American Industry Classification System) code 21113 specifically covers establishments primarily focused on the extraction of natural gas. This includes:
- Drilling natural gas wells
- Completing wells to prepare them for production
- Operating natural gas wells to extract the resource
In essence, this code captures the entire process of getting natural gas from beneath the earth to the point where it’s ready for transportation and distribution.
Sector Overview: Mining, Quarrying, and Oil and Gas Extraction
NAICS 21113 falls under Sector 21 – Mining, Quarrying, and Oil and Gas Extraction. This sector broadly covers industries involved in the extraction of minerals and resources, with natural gas extraction being a key sub-industry.
Typical Business Activities Under NAICS 21113:
- Natural gas drilling operations
- Well completion services for gas wells
- Operation and maintenance of natural gas extraction facilities
- Natural gas extraction service companies providing technical and operational support
Examples of Businesses Classified Under NAICS 21113:
- Natural gas drilling companies
- Firms operating natural gas wells
- Natural gas extraction service providers specializing in well completion and production
Size Standards for Eligibility
To qualify as a small business under NAICS 21113, the U.S. Small Business Administration (SBA) sets size standards based on number of employees or average annual receipts. For natural gas extraction companies:
- Typical small business size standard: 1,250 employees or fewer (this can vary depending on contract type and agency).
- Some contracts might use average annual revenue cutoffs, usually in the tens of millions range.
Understanding these standards ensures businesses know their eligibility for government contracts and small business programs in the natural gas extraction industry.
NAICS Code 21113 Details at a Glance
| Attribute | Description |
|---|---|
| NAICS Code | 21113 |
| Title | Natural Gas Extraction |
| Sector | Mining, Quarrying, and Oil and Gas Extraction |
| Industry Description | Establishments primarily engaged in extraction of natural gas including drilling, completing, and operating gas wells |
| Typical Business Types | Natural gas drilling companies, well operators, extraction service providers |
| Size Standards | Typically 1,250 employees or fewer (check SBA specifics) |
Frequently Asked Questions (FAQ)
1. What activities are included in NAICS 21113?
This industry involves the drilling, completing, and operating of natural gas wells, focusing exclusively on extracting natural gas from underground reservoirs.
2. How is NAICS 21113 different from oil extraction codes?
While oil and natural gas extraction are related, NAICS 21113 is exclusively for natural gas extraction, whereas separate codes cover crude petroleum extraction.
3. Can service providers be classified under 21113?
Yes, companies providing specialized natural gas extraction services like well completion and operation often fall under this classification.
4. Why is NAICS code classification important?
It helps businesses identify their market and eligibility for government contracts, grants, and other procurement opportunities.
5. How can businesses find more information on size standards?
Check the U.S. Small Business Administration (SBA) website for detailed and updated size standards specific to NAICS 21113.
Conclusion
NAICS code 21113 – Natural Gas Extraction is crucial for companies involved in the core activities of drilling and operating natural gas wells. By understanding the detailed scope, sector placement, and size standards, businesses can better position themselves for growth, partnership, and government contracting opportunities.
Whether you are a natural gas drilling company or a service provider supporting well operations, recognizing the significance of this NAICS code can unlock new pathways for success in the natural gas industry.
Optimize your business strategy today by leveraging the insights and classifications of NAICS 21113!
