Industry Description
Establishments primarily engaged in producing liquid hydrocarbons from oil and gas field gases. Establishments recovering liquefied petroleum gases incidental to petroleum refining or to the manufacturing of chemicals are classified in Manufacturing, Major Group 28 or Major Group 29. Establishments recovering helium from natural gas are classified in Manufacturing, Major Group 28.
Business Examples
Common types of business activities within US SIC 1321 - Natural Gas Liquids are:
- Butane (natural) production
- Casing-head butane and propane production
- Cycle condensate production (natural gas)
- Ethane (natural) production
- Fractionating natural gas liquids
- Isobutane (natural) production
- Liquefied petroleum gases (natural) production
- Natural gas liquids production
- Natural gasoline production
- Propane (natural) production
IBISWorld Industry Research Report
Oil Drilling & Gas Extraction in the US (21111)
Revenue 2025
$484.6bn
Growth 2025
-0.86%
Key Trends
Profit has exhibited significant fluctuations throughout the period
Industry operators have required additional capacity to transport crude products
Pent-up demand will likely drive industry revenue
Products and Services
US-SIC Hierarchy 1321 - Natural Gas Liquids
US-SIC Code 1321 - Natural Gas Liquids sits in the 2-digit Natural Gas Liquids sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: B
Division Title: Mining
2 Digits 3 Digits 4 Digits
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101 Iron Ores
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102 Copper Ores
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103 Lead and Zinc Ores
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104 Gold and Silver Ores
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106 Ferroalloy Ores, Except Vanadium
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108 Metal Mining Services
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109 Miscellaneous Metal Ores
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-
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122 Bituminous Coal and Lignite Mining
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123 Anthracite Mining
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124 Coal Mining Services
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-
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131 Crude Petroleum and Natural Gas
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132 Natural Gas Liquids
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138 Oil and Gas Field Services
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-
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141 Dimension Stone
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142 Crushed and Broken Stone, Including Riprap
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144 Sand and Gravel
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145 Clay, Ceramic, and Refractory Minerals
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147 Chemical and Fertilizer Mineral Mining
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148 Nonmetallic Minerals Services, Except Fuels
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149 Miscellaneous Nonmetallic Minerals, Except
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Extended US-SIC Hierarchy for 1321 - Natural Gas Liquids
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 1321 - Natural Gas Liquids. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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132198 Natural gas liquids
8 Digit SIC Codes
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13210000 Natural gas liquids
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13219900 Natural gas liquids, nec
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13219901 Butane (natural) production
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13219902 Casing-head butane and propane production
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13219903 Cycle condensate production (natural gas)
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13219904 Ethane (natural) production
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13219905 Fractionating natural gas liquids
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13219906 Isobutane (natural) production
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13219907 Liquefied petroleum gases (natural) production
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13219908 Natural gas liquids production
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13219909 Natural gasoline production
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13219910 Propane (natural) production
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