About the Oil Drilling & Gas Extraction in Northwest Territories Market Research Report
What’s Included in the Oil Drilling & Gas Extraction in Northwest Territories Market Research Report
Definition of the Oil Drilling & Gas Extraction in Northwest Territories?
Companies in the Canadian Oil Drilling and Gas Extraction industry operate and develop oil and gas field properties. Activities include exploring and producing crude petroleum, mining and extracting oil from oil shale and oil sands, exploring and producing natural gas, recovering sulphur from natural gas and recovering hydrocarbon liquids. Companies may operate oil and gas wells on their own account or for others on a contract or fee basis.
What’s included in the Oil Drilling & Gas Extraction in Northwest Territories?
The Oil Drilling & Gas Extraction in Northwest Territories includes oil extraction, natural gas extraction and exploration of crude oil and natural gas. Related terms covered in the Oil Drilling & Gas Extraction in Northwest Territories industry report includes a deposit containing a mix of clay, sand and water that is saturated with dense and viscous petroleum, gases that consist primarily of methane but also include small amounts of heavier hydrocarbons such as propane and butane and structures located in the ocean that are designed to extract oil or gas from underneath the seabed.
Industry Performance of the Oil Drilling & Gas Extraction industry in Northwest Territories
Benchmark the Oil Drilling & Gas Extraction in Northwest Territories industry performance with all NT Census Metropolitan Area and national performance.
Oil Drilling & Gas Extraction in Northwest Territories
#12 in Highest Revenue 0% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Oil Drilling & Gas Extraction 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 Drilling & Gas Extraction industry in Northwest Territories
See how key industry drivers, such as population, gross domestic product, median houshold income, world price of crude oil, world price of natural gas and us gross domestic product (gdp) are impacting Oil Drilling & Gas Extraction in Northwest Territories
Northwest Territories Economic Indicators
Population
Gross Domestic Product
Median Houshold Income
View more economic information in NT State Economic profile
Canada Key External Drivers
World price of crude oil
World price of natural gas
US Gross domestic product (GDP)
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Oil Drilling & Gas Extraction industry in Northwest Territories
Key Statistics of the Oil Drilling & Gas Extraction industry in Northwest Territories
Download 18 years of historical data and 5 years of projected performance.
