Drilling Oil and Gas Wells in West Virginia
Revenue benchmarks for drilling oil and gas wells businesses operating in West Virginia.
#14 of 50 states-48.3% vs national avg
Average Revenue
$10.2M
per year
Businesses
22
in West Virginia
Revenue / Employee
$477K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.2
firms per 100K in WV
Total Revenue
$225.3M
all firms in WV
Total Employees
472
in WV
How West Virginia Compares
National Average$19.8M
West Virginia$10.2M
Difference$9.6M (-48.3%)