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Oil & Gas Field Services in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE21311CA

Oil & Gas Field Services in Prince Edward Island industry analysis

Revenue for the Oil & Gas Field Services industry in Prince Edward Island is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Oil & Gas Field Services in Prince Edward Island Market Research Report

What’s Included in the Oil & Gas Field Services in Prince Edward Island Market Research Report

Definition of the Oil & Gas Field Services in Prince Edward Island?

Operators in the Oil and Gas Field Services industry in Canada provide support services to oil and gas extraction companies and mining and quarrying companies. These services include drilling, reserve estimates, pressure pumping, cementing and well maintenance.

What’s included in the Oil & Gas Field Services in Prince Edward Island?

The Oil & Gas Field Services in Prince Edward Island includes exploration drilling, development drilling, contract drilling for minerals and metals and mine or well support services. Related terms covered in the Oil & Gas Field Services in Prince Edward Island industry report includes a machine used to drill holes for oil and natural gas wells, also known as fracking. pressurized water, chemical additives and propping agents are used to fracture rock layers and release petroleum and natural gas for extraction, when exploration operators drill in remote geographic regions for petroleum reserves. wildcat refers to the potential for remote regions to contain wildlife, mined salts that contain potassium. it is used in a variety of applications, such as in fertilizers and oil well drilling fluid, oil well intervention technique, including replacing the completion of the well and process of making an oil or gas well ready for production, including running tubing into the well and cementing the well.

Industry Performance of the Oil & Gas Field Services industry in Prince Edward Island

Benchmark the Oil & Gas Field Services in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Oil & Gas Field Services in Prince Edward Island

#10 in Highest Revenue 0.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Oil & Gas Field Services in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Oil & Gas Field Services industry in Prince Edward Island

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, demand from oil drilling and gas extraction, world price of natural gas and price of canadian oil are impacting Oil & Gas Field Services in Prince Edward Island

Prince Edward Island Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in PE State Economic profile

Canada Key External Drivers

Demand from oil drilling and gas extraction
World price of natural gas
Price of Canadian oil

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Oil & Gas Field Services industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Oil & Gas Field Services in Prince Edward Island, such as Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Oil & Gas Field Services industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Oil & Gas Field Services industry in Prince Edward Island in 2025?

The market size of the Oil & Gas Field Services industry in Prince Edward Island is $44.5m in 2025.

How many businesses are there in the Oil & Gas Field Services industry in Prince Edward Island in 2025?

There are 11 businesses in the Oil & Gas Field Services industry in Prince Edward Island, which has been declining at an average annual rate of -11.3% from 2020 to 2025.

Has the Oil & Gas Field Services industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Oil & Gas Field Services industry in Prince Edward Island has been growing at an average annual rate of 0.9% from 2020 to 2025.

How many employees in the Oil & Gas Field Services industry in Prince Edward Island in 2025?

There are 66 employees in the Oil & Gas Field Services industry in Prince Edward Island, which has been declining at an average annual rate of -4.7% from 2020 to 2025.