Operate · the United States

Underwriting: Crude Petroleum Extraction

What public records can and cannot establish about running this business in the United States, dimension by dimension, with the gaps named.

— not scored
REWORK
PROVE
OPEN
NOT SCORED. 65 of 100 rubric points are evidenced deterministically from public records; 10 have no producer. The ±3.1 interval measured elsewhere on this site is ARBITER's sampling variance and does not apply to a SQL query, which returns the same answer every time it runs.
IndustryNAICS 211120
Scopethe United States
RubricO1.0-20260804
Pricedfree — no account, no gate
4th percentile of 287 industries

Where this industry stands

Net formation, 5yrPercentileReads asSignal strength
-3.38%4th of 287shrinking hardρ 0.57 across 4 backtested windows, 42.6pp decile separation
Economic Census 2022

What it costs to produce

MeasureValue
Margin on receipts99.3%
Computed asvalue added — receipts less cost of materials
Industry receipts$354.1bn
SBA 7(a) acquisition loans · FY2018–FY2026

Can you borrow to buy one

MeasureValue
Acquisition loans approved23
Median loan$1,447,889
Mean rate7.78%
Mean term96 months
Charged off—
3,427 firms · Census SUSB 2022

What firms here actually earn

Revenue band ($000)FirmsShareCumulativeLabour share of revenue
<10046713.6%13.6%166.0%
100-4991,09932.1%45.7%25.1%
500-99942712.5%58.2%24.6%
1,000-2,49950514.7%72.9%19.7%
2,500-4,9992748.0%80.9%17.5%
5,000-7,4991333.9%84.8%16.7%
7,500-9,999782.3%87.0%16.3%
10,000-14,9991002.9%90.0%14.7%
15,000-19,999391.1%91.1%21.7%
20,000-24,999320.9%92.0%19.5%
25,000-29,999270.8%92.8%19.5%
30,000-34,999170.5%93.3%16.4%
35,000-39,999160.5%93.8%12.1%
40,000-49,999300.9%94.7%10.9%
50,000-74,999260.8%95.4%12.5%
75,000-99,999160.5%95.9%7.9%
100,000+1414.1%100.0%2.7%
SBA 7(a) · FY2018–FY2026

Can an acquisition here be financed?

MeasureValue
SBA acquisition loans on record23
Median loan$1,447,889
Typical rate7.78%
Typical term96 months
Total approved$28,068,000

Take this away

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65 of 100 rubric points evidenced

What this report can and cannot underwrite

DimensionWeightEvidencePredicts?Source
O1 · Demand density and recurrence25evidencedpredictive · ρ +0.57US Census County Business Patterns
O2 · Payment evidence15partialnot backtestedUSASpending.gov — US federal government work, public domain
O3 · Licence gate favourability15evidencednot backtestedCareerOneStop / ARC, U.S. Department of Labor
O4 · Labour availability15evidencednot backtestedBLS Occupational Employment and Wage Statistics, May 2024
O5 · Incumbent weakness10no producernot backtestednone
O6 · Margin structure10partialnot backtestedUS Census Economic Census 2022
O7 · Ceiling10evidencedDESCRIPTIVE ONLY · ρ +0.05US Census Business Dynamics Statistics — public domain

Every licensed occupation in this industry

OccupationShare hereConcentrationJurisdictions
Petroleum Engineers5.12%419.8×49 of 56
Service Unit Operators, Oil and Gas9.2%332.3×1 of 56
Industrial Machinery Mechanics3.92%14.3×1 of 56
Accountants and Auditors4.07%4.3×49 of 56
General and Operations Managers5.92%2.4×23 of 56
First-Line Supervisors of Construction Trades and Extraction Workers4.38%7.3×16 of 56

What this report cannot tell you

Gap
licence titles in this scope — none matched 'Wellhead Pumpers', though it is licensed in 49 jurisdictions nationally. The title differs locally, or the record is held municipally.
occupation mix for NAICS 211120 — the labour statistics carry no rows at this level, so everything about occupations here, including the defining occupation and its licence gate, is measured at NAICS 211100, a broader grouping. Establishment counts are for 211120 itself.
licence coverage — the register holds 54 of 56 US licensing jurisdictions, and 2,504 of its records carry no jurisdiction at all. A count of 49 is out of 54 searched, not out of 56. The unsearched jurisdictions are not evidence of no licence.
bonding_required_usd — no producer, and not estimated