Crude Petroleum Extraction vs Drilling Oil and Gas Wells
Side-by-side revenue comparison of these two business types.
| Metric | Crude Petroleum | Drilling Oil |
|---|---|---|
| Average Revenue | $17.5M | $19.8M |
| Profit Margin | 15.0% | 15.0% |
| Est. Owner Income | $2.6M | $3.0M |
| Revenue / Employee | $1.0M | $634K |
| Labor Cost % | 15.0% | 15.0% |
| Total Businesses | 3,538 | 1,472 |
| Startup Cost (Low) | $50K | $50K |
| Startup Cost (High) | $250K | $250K |
| 5-Year Survival Rate | 50.0% | 50.0% |
| YoY Growth | 5.0% | 5.0% |
| Avg Employee Wage | $222K | $117K |