Drilling Oil and Gas Wells in Virginia
Revenue benchmarks for drilling oil and gas wells businesses operating in Virginia.
#25 of 50 states-89.4% vs national avg
Average Revenue
$2.1M
per year
Businesses
19
in Virginia
Revenue / Employee
$381K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.2
firms per 100K in VA
Total Revenue
$40.0M
all firms in VA
Total Employees
105
in VA
How Virginia Compares
National Average$19.8M
Virginia$2.1M
Difference$17.7M (-89.4%)