Oil And Gas Wells Drilling Services Global Market Report 2018 Including: Covering: Schlumberger Ltd., Halliburton, Transocean Ltd., Weatherford International plc, Baker Hughes Incorporated
Feb 2018
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Scope Markets Covered: Oil And Gas Wells Drilling Services Companies Mentioned: Schlumberger Ltd, Halliburton, Transocean Ltd, Weatherford International plc, Baker Hughes Incorporated Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia. Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa Time series: Five years historic and forecast. Data: Ratios of market size and growth to related markets, GDP, Expenditure Per Capita, Oil And Gas Wells Drilling Services Indicators Comparison. Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments. Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Oil And Gas Wells Drilling Services Market Characteristics The oil and gas wells drilling services industry includes companies primarily engaged in oil and gas wells drilling services for others on a contract or fee basis. This industry also includes contractors specializing spudding in, drilling in, redrilling, and directional drilling. This market covers outsourced drilling services sold on a contract basis to oil and gas extraction companies and does not include any inhouse drilling services of oil and gas extraction companies. The drilling process comprises of two stages which include distillation drilling and well simulation. The initial phase involves drilling to the
In this report market value is defined as the revenues organizations earn by selling their goods and services within the specified market, based on the price at which they sell. Only goods and services traded between entities are included. The revenues for a specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced.
Oil And Gas Wells Drilling Services Market Historic Growth The global oil and gas wells drilling services market grew from $X billion in 2013 to $X billion in 2017 at a compound annual growth rate (CAGR) of X%. The chart and table below shows the year-on-year growth of the global oil and gas wells drilling services market during 2013 – 2017.
Drivers of the Market:
Restraints on the Market:
Oil And Gas Wells Drilling Services Market Forecast Growth The oil and gas wells drilling services market is expected to grow from $XX billion in 2017 to $254.2 billion in 2021 at a compound annual growth rate (CAGR) of XX%. The market is expected to gain stability going forward due to rising demand for crude oil from developing nations and the expected stabilization of the oil price following recent falls. The chart and table below shows the year-on-year growth of the global oil and gas wells drilling services market during 2017 - 2021.
Drivers of the Market:
Restraints on the Market:
Oil And Gas Wells Drilling Services Market Regional And Country Analysis The Asia Pacific was the largest region in the oil and gas wells drilling services market in 2017, oil and gas wells drilling services for $X billion or X% market share. North America was the X largest region oil and gas wells drilling services for $X billion or X% market share. Western Europe was the X largest region oil and gas wells drilling services for $X billion or X% market share.
Oil And Gas Wells Drilling Services Market Competitive Landscape The leading competitors in the global oil and gas wells drilling services market are Schlumberger Ltd., Halliburton, Transocean Ltd., Weatherford International plc, Baker Hughes Incorporated. The chart and table below displays the percentage market share of the top players in the oil and gas wells drilling services market industry.
Others Schlumberger Ltd. Halliburton Transocean Ltd. Weatherford International plc
Schlumberger Ltd. generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Halliburton generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year.
Transocean Ltd. generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year.
Weatherford International plc generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Baker Hughes Incorporated generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Seadrill Ltd. generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Ensco plc generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Maersk Drilling A/S generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Noble Corporation plc generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Nabors Indusatries Ltd. generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year.
Company Profile Schlumberger Ltd. Overview Schlumberger was the largest competitor in the oil and gas wells drilling market in 2017 with a XX% share of market. Schlumberger. It provides technology and services for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company is headquartered in Houston, Texas and employs around 100,000 people. Products and Services Schlumberger operates through the following divisions –
Reservoir Characterization Group – The Reservoir Characterization Group consists of the principal technologies involved in finding and Drilling Group – The Drilling Group refers to principal technologies engaged in the drilling and positioning of oil and Production Group – The Production Group provides technologies involves in the lifetime production of oil and Cameron Group – The Cameron Group consists of the principal technologies involved in pressure and flow control for drilling and Strategy Schlumberger’s growth strategy aims at overcoming the prolonged oil slump by acquiring drilling service providers. In 2016, the company acquired coiled tubing drilling units from Xtreme Drilling and Coil Services Corp, which includes 11 coiled tubing units in Financial Performance Schlumberger’s Drilling Group, which is involved in oil and gas wells drilling, generated revenues of $XX billion in 2016, a XX% decrease from the previous year. It had a market
Halliburton Overview Products and Services Strategy Financial Performance
Transocean Ltd. Overview Products and Services Strategy Financial Performance
Weatherford International plc Overview Products and Services Strategy Financial Performance
Baker Hughes Incorporated Overview Products and Services Strategy Financial Performance