UNSPSC 71171501: Crude oil value adjustment service

Commodity

Code facts

NIGP codes
1

UNSPSC codes and definitions come from the UN Development Programme (managed by GS1 US), and state and local contract opportunities from the governments' procurement sites.

NIGP codes for 71171501

Definition

Allocation of produced crude oil and condensate regarding partner ownership of produced hydrocarbons

About UNSPSC 71171501

UNSPSC 71171501 Crude oil value adjustment service is a Commodity code that sees little relevant recent state and local procurement activity. The single opportunity appearing under this code—a City of College Park, Georgia RFP 26-37 for City Manager Executive Search Services issued January 28, 2026, with a response deadline of February 18, 2026—bears no connection to crude oil valuation or adjustment. The three other opportunities in the sample, while tagged to broader energy or infrastructure categories, involve landfill gas collection system construction in Georgia, park irrigation system installation in Florida, and digester gas utilization development in California—none of which constitute crude oil value adjustment services as the code nominally describes them.

The mismatch between the code's nominal scope and actual procurement activity suggests this Commodity code does not reflect an active category for state and local government purchasing in the current market. Buyers issuing energy-related infrastructure work are tagging solicitations to construction, engineering, or facility-management codes rather than to crude oil valuation services. No geographic concentration, repeat issuing bodies, or representative opportunities materially illustrating this code's procurement landscape can be extracted from the available record.

Quick answers

What is UNSPSC 71171501?

UNSPSC 71171501 is Crude oil value adjustment service, a commodity in UNSPSC 71000000, Mining and oil and gas services.

Which NIGP codes match UNSPSC 71171501?

UNSPSC 71171501 maps to 1 NIGP code, 96261 Petroleum Production, Transmission, and Distribution Services for Oil and Gas Wells (Including Drilling, Exploration, Extraction, Project Management, etc.).

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