About the Oil Drilling & Gas Extraction in West Virginia Market Research Report
What’s Included in the Oil Drilling & Gas Extraction in West Virginia Market Research Report
Definition of the Oil Drilling & Gas Extraction in West Virginia?
Companies in this industry operate and develop oil and gas field properties. Activities include the exploration and production of crude petroleum; the mining and extraction of oil from oil shale and oil sands; the exploration and production of natural gas; sulfur recovery from natural gas; and the recovery of hydrocarbon liquids. Companies may operate oil and gas wells on their own account or for others on a contract or fee basis.
What’s included in the Oil Drilling & Gas Extraction in West Virginia?
The Oil Drilling & Gas Extraction in West Virginia includes crude petroleum and natural gas, natural gas liquid, exploring for crude petroleum and natural gas, wells and separators, emulsion breakers, desilting equipment and field gathering lines for crude petroleum. Related terms covered in the Oil Drilling & Gas Extraction in West Virginia industry report includes an underground or undersea deposit of oil contained within a stable geological formation, gases that consist primarily of methane but also include small amounts of heavier hydrocarbons such as propane and butane, an energy source formed by cooling natural gas to a very low temperature, at which it becomes liquid, structures located in the ocean that are designed to extract oil or gas from underneath the seabed, abbreviated as opec, this global organization, consisting of 12 countries, is designed to create stability and control in the petroleum markets and a form of alcohol used as a fuel, which is primarily made from grains, such as corn and soybeans.
Industry Performance of the Oil Drilling & Gas Extraction industry in West Virginia
Benchmark the Oil Drilling & Gas Extraction in West Virginia industry performance with all WV county and national performance.
Oil Drilling & Gas Extraction in West Virginia
#12 in Highest Revenue 1.4% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Oil Drilling & Gas Extraction in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
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Key Drivers of the Oil Drilling & Gas Extraction industry in West Virginia
See how key industry drivers, such as population, median houshold income, new business formation, world price of crude oil, world price of natural gas and world production of oil are impacting Oil Drilling & Gas Extraction in West Virginia
West Virginia Economic Indicators
Population
Median Houshold Income
New Business Formation
View more economic information in WV State Economic profile
US Key External Drivers
World price of crude oil
World price of natural gas
World production of oil
For the full list of industry drivers, see report purchase options.
County Data of the Oil Drilling & Gas Extraction industry in West Virginia
Access proprietary data on county in the Oil Drilling & Gas Extraction in West Virginia, such as Roane County, Kanawha County and Harrison County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Oil Drilling & Gas Extraction industry in West Virginia
Download 18 years of historical data and 5 years of projected performance.