Drilling Oil and Gas Wells in North Dakota

Revenue benchmarks for drilling oil and gas wells businesses operating in North Dakota.

#3 of 50 states+43.7% vs national avg

Average Revenue

$28.5M

per year

Businesses

47

in North Dakota

Revenue / Employee

$671K

per year

Labor Cost

15.0%

of revenue

Profit Margin

15.0%

industry average

Market Saturation

6.0

firms per 100K in ND

Total Revenue

$1.3B

all firms in ND

Total Employees

1,995

in ND

How North Dakota Compares

National Average$19.8M
North Dakota$28.5M
Difference+$8.7M (+43.7%)