SIC 1321 Natural Gas Liquids
SIC 1321
This category includes establishments primarily engaged in the production of liquid hydrocarbons from oil and gas field gases. Establishments recovering helium from natural gas and establishments recovering liquefied petroleum gases incidental to petroleum refining or to the manufacturing of chemicals are classified in a range of chemical and allied product manufacturing industries.
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Natural Gas Liquid Extraction
Natural gas liquids (NGL) are often found in association with crude oil production. NGL is a reservoir portion of natural gas that is stripped out as a liquid at the surface by special processing facilities. NGL typically contains 35 percent ethane, 30 percent propane, 17 percent natural gasoline, 12 percent butane, and 6 percent isobutane. NGL should not be confused with natural gas, which is composed primarily of methane. NGL is denser than natural gas and becomes combustible at different concentrations than methane, according to the American Gas Association. NGL is also different than liquefied natural gas, a condensed...
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