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What are the disadvantages of drilling oil wells?

Updated: 8/20/2019
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Q: What are the disadvantages of drilling oil wells?
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What is the NAICS for drilling oil and gas wells?

NAICS Code(s) 213111 (Drilling Oil and Gas Wells)


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includes establishments primarily engaged in drilling wells for oil and gas field operations for others on a contract or fee basis. This industry includes contractors that specialize in spudding in, drilling in, redrilling, and directional drilling.


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