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Oil & Gas Field Services in Rhode Island

Author.Name IBISWorld United States Last Updated: August 2025 NAICS RI21311

Oil & Gas Field Services in Rhode Island industry analysis

The Oil & Gas Field Services industry in Rhode Island is expected to decline an annualized -x.x% to $x.x thousand over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has stagnated an annualized x% to x workers, while industry wages have increased an annualized x.x% to $x,xxx,xxx.x.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x,xxx,xxx.x, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to stagnate an annualized x% to x workers, while industry wages are forecast to decrease -x% to $x,xxx,xxx.x.

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

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

Definition of the Oil & Gas Field Services in Rhode Island?

Operators in this industry provide support services on a fee or contract basis to companies involved in oil and gas extraction, mining and quarrying. Industry operators may also provide services such as drilling, taking core samples and making geological observations at prospective work sites.

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

The Oil & Gas Field Services in Rhode Island includes drilling oil and gas wells, surveying wells, running, cutting and pulling casings, tubes and rods, cementing wells, perforating well casings, acidizing and chemically treating wells, coal exploration, metal ore exploration, nonmetallic mineral ore exploration and contract mining. Related terms covered in the Oil & Gas Field Services in Rhode Island industry report includes a mobile offshore drilling or production unit that floats on the water's surface above the subsea wellhead and is held in position either by anchors or dynamic positioning, the process of using pressurized water, chemical additives and propping agents to fracture rock layers and release petroleum, natural gas or other substances so that they can be extracted, an offshore oil rig with a floating hull and retractable legs that can be lowered to the seabed for support, a ship fitted with oil and gas drilling equipment, the practice of making a detailed record (a well log) of the geologic formations penetrated by a borehole, a machine used to drill holes for oil and natural gas wells, the daily price charged to a producer for a drill rig, drilling and associated costs of personnel and routine supplies, a work agreement that outlines a basic day rate when drilling and lower rates when the rig is moving or when drilling operations are interrupted or restricted and the repair or stimulation of an existing production well for the purpose of restoring, prolonging or enhancing the production of hydrocarbons.

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

Benchmark the Oil & Gas Field Services in Rhode Island industry performance with all RI county and national performance.

Oil & Gas Field Services in Rhode Island

#50 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Oil & Gas Field Services in the US


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 Rhode Island

See how key industry drivers, such as population, new business formation, unemployment rate, world price of crude oil, world price of natural gas and us oil and gas production index are impacting Oil & Gas Field Services in Rhode Island

Rhode Island Economic Indicators

Population
New Business Formation
Unemployment Rate

View more economic information in RI State Economic profile

US Key External Drivers

World price of crude oil
World price of natural gas
US oil and gas production index

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

County Data of the Oil & Gas Field Services industry in Rhode Island

Access proprietary data on county in the Oil & Gas Field Services in Rhode Island, such as Providence County and Newport County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Oil & Gas Field Services industry in Rhode 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 Rhode Island in 2025?

The market size of the Oil & Gas Field Services industry in Rhode Island is $101.4k in 2025.

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

There are 3 businesses in the Oil & Gas Field Services industry in Rhode Island, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Oil & Gas Field Services industry in Rhode Island has been declining at an average annual rate of -9.1% from 2020 to 2025.

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

There are 3 employees in the Oil & Gas Field Services industry in Rhode Island, which has been declining at an average annual rate of 0.0% from 2020 to 2025.