Employment
54,211
Total employees (Census CBP)
Mining, Quarrying, and Oil and Gas Extraction ·NAICS 213111
NAICS 213111 · IRS SOI 2023 · Census CBP
Drilling Oil and Gas Wells - Industry Benchmarks
$99,045/yr average annual pay, with 58 SBA loans on record for NAICS 213111.
- 17.6%
- Mining, Quarrying, and Oil and Gas Extraction sector margin
- 54K
- Workers employed
- $99,045/yr
- Avg payroll / employee
- $50M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 213111
Texas leads Drilling Oil and Gas Wells activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Mining, Quarrying, and Oil and Gas Extraction sector runs a 17.6% net margin.
- 17.6%
- Mining, Quarrying, and Oil and Gas Extraction sector margin (IRS SOI)
- 54K
- Workers employed (Census CBP)
- $99,045/yr
- Avg payroll / employee
- $50M
- SBA lending, FY20–26
Benchmarking Insights for Drilling Oil and Gas Wells
Drilling Oil and Gas Wells sits inside Mining, Quarrying, and Oil and Gas Extraction, a sector that runs a 17.6% net margin overall.
1,786 establishments employ 54,211 workers (30.4/location) at $99,045/yr average annual pay. Texas leads employment, followed by Oklahoma and Louisiana.
Avg Payroll / Employee
$99,045/yr
Annual compensation
Establishments
1,786
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 934; establishment count decreased by 222. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Workforce scale
Financial Detail
- Annual Payroll (Total)
- $5.4B
- Avg Employees per Establishment
- 30.4
Top States by Employment
| State | Employment |
|---|---|
| Texas | 27,937 |
| Oklahoma | 5,360 |
| Louisiana | 3,352 |
| North Dakota | 2,577 |
| Colorado | 1,622 |
| New Mexico | 1,599 |
| Kansas | 1,245 |
| Pennsylvania | 1,096 |
| Utah | 413 |
| Michigan | 400 |
Showing top 10 of 40 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
58
Total Loan Volume
$50M
Avg Loan Size
$871K
Jobs Supported
1,122
Program Breakdown
7(a) 50 (86%)
504 8 (14%)
Top SBA Lender
Newtek Small Business Finance, Inc.
5 loans in this industry
New Business Share
25.9% of borrowers were new/startup businesses
Annual Lending Trend (6 yrs)
2020 7
2021 13
2022 7
2023 5
2024 8
2025 18
Frequently Asked Questions
How profitable is Drilling Oil and Gas Wells?
IRS SOI doesn't publish margin data at the NAICS 213111 level. Texas leads this industry nationally. The broader Mining, Quarrying, and Oil and Gas Extraction sector runs a 17.6% net margin (IRS SOI 2023).
How many businesses are in Drilling Oil and Gas Wells?
1,786 business establishments. Together they employ 54,211 workers.
What is the average payroll per employee in Drilling Oil and Gas Wells?
$99,045/yr average annual pay per employee. Businesses average 30.4 employees per establishment.
Which states have the most Drilling Oil and Gas Wells employment?
Texas leads with 27,937 workers. Oklahoma (5,360) and Louisiana (3,352) round out the top three.
How much SBA lending does Drilling Oil and Gas Wells receive?
Drilling Oil and Gas Wells businesses received 58 SBA loans totaling $50 million between FY2020 and FY2026. The average loan size was $871K. These loans supported 1,122 jobs at origination. Most lending (86%) came through the SBA 7(a) program.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
How this ranks: Its Census employment total exceeds 57% of that same 801-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Drilling Oil and Gas Wells
- No margin data, check the parent industry. Browse Mining, Quarrying, and Oil and Gas Extraction
- 1,786 establishments, 54,211 workers. Payroll benchmarks
- 58 SBA loans on record. SBA lending rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 213111 · Data year: 2023
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.