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Oil & Energy Industry Description

The Oil & Energy industry in Montana is a significant contributor to the state's economy. Montana is home to vast reserves of coal, oil, and natural gas, which are extracted through drilling and mining operations. The state's oil production has been steadily increasing over the years, with the Bakken formation in eastern Montana being a major contributor. The Bakken formation is estimated to hold billions of barrels of oil, making it one of the largest oil reserves in the country. Montana's coal reserves are also significant, with the state being the sixth-largest coal producer in the country. The coal is primarily used for electricity generation, with several coal-fired power plants located in the state. Montana also has significant wind and solar energy potential, with several wind farms and solar projects currently in operation. The state has set a goal of generating 80% of its electricity from renewable sources by 2035. The Oil & Energy industry in Montana has faced challenges i...

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51

COMPANIES

482 Million

TOTAL VALUE

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Avg salary

Avg Salary in Oil & Energy

$90,113

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Oil & Energy

United States, Montana

50 Million to 100 Million

10001+

Oil & Energy

United States, Montana

10 Million to 25 Million

10001+

Oil & Energy

United States, Montana

25 Million to 50 Million

201-500

Oil & Energy

United States, Montana

5 Million to 10 Million

1001-5000

Oil & Energy

United States, Montana

25 Million to 50 Million

51-200

Oil & Energy

United States, Montana

25 Million to 50 Million

51-200

Oil & Energy

United States, Montana

25 Million to 50 Million

51-200

Oil & Energy

United States, Montana

10 Million to 25 Million

51-200

Oil & Energy

United States, Montana

5 Million to 10 Million

51-200

Oil & Energy

United States, Montana

10 Million to 25 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 Montana plays a significant role in the state's economy. With a diverse range of manufacturing sectors, including food processing, machinery, wood products, and transportation equipment, Montana's manufacturing industry contributes to job creation and economic growth. The state's abundant natural resources, such as timber and minerals, provide a solid foundation for manufacturing activities. Additionally, Montana's strategic location, with access to major transportation routes and proximity to key markets, further enhances the industry's competitiveness. The manufacturing sector in Montana has seen steady growth in recent years, attracting both domestic and international investments. The state government has also been proactive in supporting the industry through various initiatives, including workforce development programs and tax incentives. Despite facing challenges such as global competition and technological advancements, Montana's ma...

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FAQ

FAQs

The top Oil & Energy companies in Montana are Energy West Inc., Bertram Drilling, Inc. and St. Mary Land & Exploration Company. 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 51 of Oil & Energy companies in the US according to the latest CIENCE data.

The median revenue for Oil & Energy companies in the US is 2500000.

Yes, the Oil & Energy industry in Montana is known for Oil & Energy as there are 51 companies in Montana.

The average revenue for Oil & Energy companies in Montana is 9450980.

You can find job opportunities in the Oil & Energy in Montana 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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