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Oil & Gas Field Services in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL21311CA

Oil & Gas Field Services in Newfoundland industry analysis

Revenue for the Oil & Gas Field Services industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Oil & Gas Field Services in Newfoundland Market Research Report

What’s Included in the Oil & Gas Field Services in Newfoundland Market Research Report

Definition of the Oil & Gas Field Services in Newfoundland?

Operators in the Oil and Gas Field Services industry in Canada provide support services to oil and gas extraction companies and mining and quarrying companies. These services include drilling, reserve estimates, pressure pumping, cementing and well maintenance.

What’s included in the Oil & Gas Field Services in Newfoundland?

The Oil & Gas Field Services in Newfoundland includes exploration drilling, development drilling, contract drilling for minerals and metals and mine or well support services. Related terms covered in the Oil & Gas Field Services in Newfoundland industry report includes a machine used to drill holes for oil and natural gas wells, also known as fracking. pressurized water, chemical additives and propping agents are used to fracture rock layers and release petroleum and natural gas for extraction, when exploration operators drill in remote geographic regions for petroleum reserves. wildcat refers to the potential for remote regions to contain wildlife, mined salts that contain potassium. it is used in a variety of applications, such as in fertilizers and oil well drilling fluid, oil well intervention technique, including replacing the completion of the well and process of making an oil or gas well ready for production, including running tubing into the well and cementing the well.

Industry Performance of the Oil & Gas Field Services industry in Newfoundland

Benchmark the Oil & Gas Field Services in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Oil & Gas Field Services in Newfoundland

#7 in Highest Revenue 0.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Oil & Gas Field Services in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Oil & Gas Field Services industry in Newfoundland

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, demand from oil drilling and gas extraction, world price of natural gas and price of canadian oil are impacting Oil & Gas Field Services in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in NL State Economic profile

Canada Key External Drivers

Demand from oil drilling and gas extraction
World price of natural gas
Price of Canadian oil

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Oil & Gas Field Services industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Oil & Gas Field Services in Newfoundland, such as St. John's. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Oil & Gas Field Services industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Oil & Gas Field Services industry in Newfoundland in 2025?

The market size of the Oil & Gas Field Services industry in Newfoundland is $258.7m in 2025.

How many businesses are there in the Oil & Gas Field Services industry in Newfoundland in 2025?

There are 60 businesses in the Oil & Gas Field Services industry in Newfoundland, which has been declining at an average annual rate of -14.1% from 2020 to 2025.

Has the Oil & Gas Field Services industry in Newfoundland grown or declined over the past 5 years?

The market size of the Oil & Gas Field Services industry in Newfoundland has been declining at an average annual rate of -1.4% from 2020 to 2025.

How many employees in the Oil & Gas Field Services industry in Newfoundland in 2025?

There are 386 employees in the Oil & Gas Field Services industry in Newfoundland, which has been declining at an average annual rate of -6.5% from 2020 to 2025.