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Oil & Energy Industry Description

The Oil & Energy industry in South Dakota is a significant contributor to the state's economy. The state has a small but growing oil industry, with most of the production coming from the Bakken Formation in the northwestern part of the state. The Bakken Formation is a shale formation that spans across North Dakota, Montana, and South Dakota. The oil production in South Dakota has been increasing steadily over the past few years, with the state producing around 2.5 million barrels of oil in 2019. Apart from oil, South Dakota also has a significant wind energy industry. The state has abundant wind resources, and wind energy has become an increasingly important source of electricity in the state. South Dakota ranks in the top 10 states for wind energy potential, and the state has over 1,000 wind turbines that generate over 1,000 megawatts of electricity. The state also has a small but growing solar energy industry. The solar industry in South Dakota is still in its early stages, but ...

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12

COMPANIES

193 Million

TOTAL VALUE

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Avg salary

Avg Salary in Oil & Energy

$74,122

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Oil & Energy

United States, South Dakota

25 Million to 50 Million

10001+

Oil & Energy

United States, South Dakota

50 Million to 100 Million

201-500

Oil & Energy

United States, South Dakota

10 Million to 25 Million

51-200

Oil & Energy

United States, South Dakota

10 Million to 25 Million

51-200

Oil & Energy

United States, South Dakota

5 Million to 10 Million

51-200

Oil & Energy

United States, South Dakota

10 Million to 25 Million

11-50

Oil & Energy

United States, South Dakota

5 Million to 10 Million

11-50

Oil & Energy

United States, South Dakota

5 Million to 10 Million

11-50

Oil & Energy

United States, South Dakota

1 Million to 5 Million

11-50

Oil & Energy

United States, South Dakota

Under 1 Million

11-50

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employees

Segmentation by Number of Employees

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Industry + State Overview

The manufacturing and industrial industry in South Dakota plays a significant role in the state's economy. With a diverse range of manufacturing sectors, including machinery, food processing, electronics, and transportation equipment, South Dakota has established itself as a hub for manufacturing activities. The state's strategic location, favorable business climate, and skilled workforce contribute to its thriving manufacturing sector. Additionally, South Dakota's abundant natural resources, such as agriculture and minerals, further support the growth of the manufacturing industry. The state's manufacturing companies benefit from various incentives and support programs offered by the government, encouraging investment and expansion. South Dakota's industrial sector also encompasses mining, particularly in the extraction of gold, silver, and other minerals. The mining industry contributes to the state's economy by providing employment opportunities and generating revenue through min...

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FAQ

FAQs

The top Oil & Energy companies in South Dakota are Lakes of Windsor, MG Oil Company and NuGen Energy. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 12 of Oil & Energy companies in the US according to the latest CIENCE data.

The median revenue for Oil & Energy companies in the US is 7500000.

No, the Oil & Energy industry in South Dakota is not known for Oil & Energy as there are only 12 companies in South Dakota.

The average revenue for Oil & Energy companies in South Dakota is 16083333.

You can find job opportunities in the Oil & Energy in South Dakota through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Oil & Energy industry main page is found here.

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