Drilling Oil and Gas Wells in Minnesota
Revenue benchmarks for drilling oil and gas wells businesses operating in Minnesota.
#11 of 50 states-36.5% vs national avg
Average Revenue
$12.6M
per year
Businesses
6
in Minnesota
Revenue / Employee
$1.4M
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.1
firms per 100K in MN
Total Revenue
$75.5M
all firms in MN
Total Employees
55
in MN
How Minnesota Compares
National Average$19.8M
Minnesota$12.6M
Difference$7.2M (-36.5%)