Oil and gas extraction
NAICS Code: 211000
BLS projects Oil and gas extraction to contract -5.5% through 2034 - 7.9 points slower than the 2.4% average across 291 U.S. industries, faster-growing than 14% of them. It ranks among the contracting industries projected through 2034.
Where Oil and gas extraction sits among all industries
Projected 2024-2034 growth across 291 U.S. industries (BLS). This industry is marked in rose.
Where Oil and gas extraction sits by projected growth
Projected employment change across tracked industries
-5.5% Top 86% higher than 14% of 291 industries
Industries, banded by projected growth
Each bar is a band; taller bars hold more industries. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source BLS Employment Projections · 2026-05-15
Contraction read
Signature: 33.5% mean employer AI exposure across 121 tracked public companies .
BLS projects contraction even though many public companies still map to this sector - read employer grades as residual corporate exposure, not proof the industry will keep the same staffing footprint.
NAICS 211000 · 122,500 workers (2024, ×1k) · source BLS Employment Projections 2024-2034. Employer AI grades are occupation-weighted scores from our SEC cohort, not automation predictions for every establishment in Oil and gas extraction.
Public companies in this NAICS sector
NAICS sector 21 bucket (includes sibling industries). 121 companies scored · mean AI exposure 33.5%.
| Company | AI grade |
|---|---|
| Agnico Eagle Mines Ltd | A |
| Alamos Gold Inc | A |
| Alliance Resource Partners Lp | A |
| Almonty Industries Inc. | A |
| Alpha Metallurgical Resources, Inc. | A |
| Americas Gold & Silver Corp | A |
| AngloGold Ashanti PLC | A |
| ANTERO RESOURCES Corp | A |
Grades are occupation-weighted AI exposure from our employer corpus - not a claim that every establishment in Oil and gas extraction shares the same risk. Source: SEC company metadata + O*NET-weighted scores · as of 2026-05-15.
Peer Industries by Employment
How Oil and gas extraction (NAICS 211000) compares to industries of similar size, ordered by 2024 BLS employment.
| Industry | 2024 | Growth |
|---|---|---|
| Jewelry, luggage, and leather goods retailers | 125,000 | -6.1% |
| Gambling industries (except casino hotels) | 123,300 | -15.5% |
| Oil and gas extraction | 122,500 | -5.5% |
| Motion picture and video exhibition | 118,500 | +1.6% |
| Farm and garden machinery and equipment merchant wholesalers | 116,700 | -0.4% |
| Natural gas distribution | 116,100 | -3.2% |
Peers are selected by similarity in 2024 employment. Figures in thousands. Source: BLS Employment Projections 2024-2034.
Frequently Asked Questions
How many people work in Oil and gas extraction?
As of 2024, the Oil and gas extraction industry employs approximately 122,500 workers in the United States, according to BLS Employment Projections data.
Is Oil and gas extraction growing or declining?
The Oil and gas extraction industry is projected to decline by 5.5% from 2024 to 2034, a net change of -6,800 jobs over the decade.
Which public companies sit near Oil and gas extraction?
121 tracked public companies in NAICS sector 21 (sibling industries included). Sample names include Agnico Eagle Mines Ltd, Alamos Gold Inc, Alliance Resource Partners Lp. Grades are occupation-weighted AI exposure scores, not company-specific automation forecasts.
How will AI affect the Oil and gas extraction industry?
Among 121 tracked public companies tied to this industry's sector, the mean occupation-weighted AI exposure score is 33.5% (most common grade A). That is a staffing-pattern signal from our employer corpus, not a forecast for every firm in Oil and gas extraction. Pair it with occupation-level AI exposure scores for role-specific risk.
Where to look next under contraction
What to do with this
Use Oil and gas extraction's employment and exposure numbers above to look up individual employers and occupations, not just the industry aggregate.
- See how public employers in this and other industries rank nationwide by AI displacement risk. Employer AI risk rankings
- Browse individual occupations to see exposure and wage detail below the industry level. Browse all occupations
- Compare this industry's outlook against a specific occupation or employer using the interactive tool. Workforce comparison tool
Industry-level figures are aggregates; individual employer and occupation outcomes vary.
Source: Bureau of Labor Statistics Employment Projections 2024-2034; SEC employer metadata for AI grades Employment figures in thousands. Employer grades are occupation-weighted exposure scores, not firm automation forecasts