Drilling Oil and Gas Wells in Texas
Revenue benchmarks for drilling oil and gas wells businesses operating in Texas.
#2 of 50 states+55.9% vs national avg
Average Revenue
$30.9M
per year
Businesses
515
in Texas
Revenue / Employee
$666K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.8
firms per 100K in TX
Total Revenue
$15.9B
all firms in TX
Total Employees
23,873
in TX
How Texas Compares
National Average$19.8M
Texas$30.9M
Difference+$11.1M (+55.9%)