Drilling Oil and Gas Wells vs Crude Petroleum Extraction
Side-by-side revenue comparison of these two business types.
| Metric | Drilling Oil | Crude Petroleum |
|---|---|---|
| Average Revenue | $19.8M | $17.5M |
| Profit Margin | 15.0% | 15.0% |
| Est. Owner Income | $3.0M | $2.6M |
| Revenue / Employee | $634K | $1.0M |
| Labor Cost % | 15.0% | 15.0% |
| Total Businesses | 1,472 | 3,538 |
| 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 | $117K | $222K |