G l o b a l O i l & G a s Co r i n g Sys te m M a r ke t By Ty p e, By A p p l i c a t i o n , By Re g i o n , C o m p e t i t i o n Fo re c a s t & O p p o r t u n i t i e s , 2013-2023
Published: June, 2018
Market Intelligence . Consulting
Ta b l e o f C o n t e n t s S. No.
Contents
1.
Product Overview
2.
Research Methodology
3.
Executive Summary
4.
Voice of Customer
5.
4.1.
Overall Brand Satisfaction Level
4.2.
Brand Satisfaction Level wrt Service Quality
4.3.
Brand Satisfaction Level wrt Services Pricing
4.4.
Brand Satisfaction Level wrt Lead Time
Global Oil & Gas Coring System Market Outlook 5.1.
Market Size and Forecast 5.1.1.
5.2.
5.3.
6.
By Value
Market Share and Forecast 5.2.1.
By Type (Bottom Coring and Sidewall Coring)
5.2.2.
By Application (Onshore and Offshore)
5.2.4.
By Region (North America, Europe, MEA, South America and Asia-Pacific)
5.2.5.
By Company
Market Attractiveness Index 5.3.1.
By Type
5.3.2.
By Application
5.3.4.
By Region
North America Oil & Gas Coring System Market Outlook 6.1.
Market Size and Forecast 6.1.1.
By Value
2 TechSci Research
Ta b l e o f C o n t e n t s S. No.
Contents 6.2.
Market Share and Forecast 6.2.1.
By Type
6.2.2.
By Application
6.2.3.
By Country 6.2.3.1.
United States Oil and Gas Coring System Outlook 6.2.3.1.1.
Market Size and Forecast 6.2.3.1.1.1.
6.2.3.1.2.
6.2.3.2.
Market Share and Forecast 6.2.3.1.2.1.
By Type
6.2.3.1.2.2.
By Application
Canada Oil and Gas Coring System Outlook 6.2.3.2.1.
Market Size and Forecast 6.2.3.2.1.1.
6.2.3.2.2.
6.2.3.3.
By Value
By Value
Market Share and Forecast 6.2.3.2.2.1.
By Type
6.2.3.2.2.2.
By Application
Mexico Oil and Gas Coring System Outlook 6.2.3.3.1.
Market Size and Forecast 6.2.3.3.1.1.
6.2.3.3.2.
By Value
Market Share and Forecast 6.2.3.3.2.1.
By Type
6.2.3.3.2.2.
By Application
3 TechSci Research
Ta b l e o f C o n t e n t s S. No. 7.
Contents Asia-Pacific Oil & Gas Coring System Market Outlook 7.1.
Market Size and Forecast 7.1.1.
7.2.
By Value
Market Share and Forecast 7.2.1.
By Type
7.2.2.
By Application
7.2.3.
By Country 7.2.3.1.
China Oil and Gas Coring System Outlook 7.2.3.1.1.
Market Size and Forecast 7.2.3.1.1.1.
7.2.3.1.2.
7.2.3.2.
Market Share and Forecast 7.2.3.1.2.1.
By Type
7.2.3.1.2.2.
By Application
Thailand Oil and Gas Coring System Outlook 7.2.3.2.1.
Market Size and Forecast 7.2.3.2.1.1.
7.2.3.2.2.
7.2.3.3.
By Value
By Value
Market Share and Forecast 7.2.3.2.2.1.
By Type
7.2.3.2.2.2.
By Application
India Oil and Gas Coring System Outlook 7.2.3.3.1.
Market Size and Forecast 7.2.3.3.1.1.
4
By Value TechSci Research
Ta b l e o f C o n t e n t s S. No.
Contents 7.2.3.3.2.
7.2.3.4.
Market Share and Forecast 7.2.3.3.2.1.
By Type
7.2.3.3.2.2.
By Application
Indonesia Oil and Gas Coring System Outlook 7.2.3.4.1.
Market Size and Forecast 7.2.3.4.1.1.
7.2.3.4.2.
7.2.3.5.
Market Share and Forecast 7.2.3.4.2.1.
By Type
7.2.3.4.2.2.
By Application
Australia Oil and Gas Coring System Outlook 7.2.3.5.1.
Market Size and Forecast 7.2.3.5.1.1.
7.2.3.5.2.
8.
By Value
By Value
Market Share and Forecast
7.2.3.5.2.1.
By Type
7.2.3.5.2.2.
By Application
Europe Oil and Gas Coring Systems Market Outlook 8.1.
Market Size and Forecast 8.1.1.
8.2.
By Value
Market Share and Forecast
8.2.1.
By Type
8.2.2.
By Application
8.2.3.
By Country 8.2.3.1.
Russia Oil and Gas Coring System Outlook
5 TechSci Research
Ta b l e o f C o n t e n t s S. No.
Contents 8.2.3.1.1.
Market Size and Forecast 8.2.3.1.1.1.
8.2.3.1.2.
8.2.3.2.
Market Share and Forecast 8.2.3.1.2.1.
By Type
8.2.3.1.2.2.
By Application
Norway Oil and Gas Coring System Outlook 8.2.3.2.1.
Market Size and Forecast 8.2.3.2.1.1.
8.2.3.2.2.
8.2.3.3.
By Value
Market Share and Forecast 8.2.3.2.2.1.
By Type
8.2.3.2.2.2.
By Application
United Kingdom Oil and Gas Coring System Outlook 8.2.3.3.1.
Market Size and Forecast 8.2.3.3.1.1.
8.2.3.3.2.
8.2.3.4.
By Value
By Value
Market Share and Forecast 8.2.3.3.2.1.
By Type
8.2.3.3.2.2.
By Application
Netherlands Oil and Gas Coring System Outlook 8.2.3.4.1.
Market Size and Forecast 8.2.3.4.1.1.
8.2.3.4.2.
By Value
Market Share and Forecast 8.2.3.4.2.1.
By Type
8.2.3.4.2.2.
By Application
6 TechSci Research
Ta b l e o f C o n t e n t s S. No.
Contents 8.2.3.5.
Germany Oil and Gas Coring System Outlook 8.2.3.5.1.
Market Size and Forecast 8.2.3.5.1.1.
8.2.3.5.2.
9.
By Value
Market Share and Forecast
8.2.3.5.2.1.
By Type
8.2.3.5.2.2.
By Application
Middle East and Africa Oil and Gas Coring Systems Market Outlook 9.1.
Market Size and Forecast 9.1.1.
9.2.
By Value
Market Share and Forecast
9.2.1.
By Type
9.2.2.
By Application
9.2.3.
By Country 9.2.3.1.
Oman Oil and Gas Coring System Outlook 9.2.3.1.1.
Market Size and Forecast 9.2.3.1.1.1.
9.2.3.1.2.
9.2.3.2.
By Value
Market Share and Forecast 9.2.3.1.2.1.
By Type
9.2.3.1.2.2.
By Application
Iran Oil and Gas Coring System Outlook 9.2.3.2.1.
Market Size and Forecast 9.2.3.2.1.1.
By Value
7 TechSci Research
Ta b l e o f C o n t e n t s S. No.
Contents 9.2.3.2.2.
9.2.3.3.
Market Share and Forecast 9.2.3.2.2.1.
By Type
9.2.3.2.2.2.
By Application
Kuwait Oil and Gas Coring System Outlook 9.2.3.3.1
Market Size and Forecast 9.2.3.3.1.1.
9.2.3.3.2
9.2.3.4.
Market Share and Forecast 9.2.3.3.2.1.
By Type
9.2.3.3.2.2.
By Application
Saudi Arabia Oil and Gas Coring System Market Outlook 9.2.3.4.1.
Market Size and Forecast 9.2.3.4.1.1.
9.2.3.4.2.
10.
By Value
By Value
Market Share and Forecast
9.2.3.4.2.1.
By Type
9.2.3.4.2.2.
By Application
South America Oil and Gas Coring Systems Market Outlook 10.1.
Market Size and Forecast 10.1.1.
10.2.
By Value
Market Share and Forecast
10.2.1.
By Type
10.2.2.
By Application
10.2.3.
By Country 10.2.3.1
Argentina Oil and Gas Coring System Outlook
8 TechSci Research
Ta b l e o f C o n t e n t s S. No.
Contents 10.2.3.1.1.
Market Size and Forecast 10.2.3.1.1.1.
10.2.3.1.2.
Market Share and Forecast 10.2.3.1.2.1. 10.2.3.1.2.2.
10.2.3.2.
By Application
Market Size and Forecast 10.2.3.1.3.1.1.
10.2.3.1.3.2.
By Value
Market Share and Forecast 10.2.3.1.3.2.1.
By Type
10.2.3.1.3.2.2.
By Application
Brazil Oil and Gas Coring System Market Outlook 10.2.3.1.4.1.
Market Size and Forecast
10.2.3.1.4.1.1. 10.2.3.1.4.2.
11.
By Type
Venezuela Oil and Gas Coring System Market Outlook 10.2.3.1.3.1.
10.2.3.3.
By Value
By Value
Market Share and Forecast 10.2.3.1.4.2.1.
By Type
10.2.3.1.4.2.2.
By Application
Market Dynamics 11.1.
Drivers
11.2.
Challenges
12.
Market Trends & Developments
13.
Competitive Landscape 13.1.
Competitive Benchmarking TechSci Research
Ta b l e o f C o n t e n t s S. No.
Contents 13.2.
Company Profiles 13.2.1.
Schlumberger Limited
13.2.2.
The Halliburton Company
13.2.3.
Baker Hughes, a GE Company
13.2.4.
China National Petroleum Corporation
13.2.5.
Weatherford International Plc
13.2.6.
Saudi Arabian Oil Company
13.2.7.
China National Offshore Oil Corporation
13.2.8.
ALS Limited
13.2.9. 13.2.10.
National Oilwell Varco HLS Asia Limited
14.
Strategic Recommendations
15.
About Us & Disclaimer
10 TechSci Research
Product Overview
➢ Coring is a process of removing a part of the formation (rock samples) so that it could be studied and used to analyze properties that might be undetectable through downhole logging tools alone. ➢ Coring is of two types: Conventional Coring: In this process, continuous sections of rock are extracted from the formation. This process is similar to drilling process but in it instead of a drill bit, a hollow bit and a core barrel is used. Side Wall Coring: In this process, rock samples are taken from the side of the wellbore. These cores are usually taken through wireline tools and a single wireline can be used to recover side wall cores from multiple zones of interest. This
process is cost-effective.
11 TechSci Research
Product Overview
Global Oil & Gas Coring System Market Landscape
Global Oil & Gas Coring System Market
Type
Application
Region
Company
Bottom Coring
Onshore
Asia-Pacific
Side Wall Coring
Offshore
North America
Schlumberger
Haliburton
Europe South America Middle-East and Africa
Baker Hughes
Others
Others include China National Petroleum Corporation, Weatherford International PLC, etc. Source: TechSci Research
12 TechSci Research
Research Methodology Market Profiling In-depth secondary research was conducted to determine the market size and market share of leading companies in Global Oil & Gas Coring System market.
Data Collection
Data Filter & Analysis
Research & Intelligence
Actionable Insights
Business Solution
Formulating Questionnaire In order to conduct interviews of industry experts, TechSci Research formulated a detailed questionnaire. Developing List Of Respondents
Identifying Key Opinion Leaders
Questionnaire Design
In-depth Interviews
A Primary Research
List of Oil & Gas Coring Systems service provider, industry experts, and consumers was prepared.
Recent Developments
Market Dynamics B Government Desk Policies Research
Data Collection TechSci Research conducted interviews with industry experts and players for data collection and verification.
Market Participants
Key Challenges Growth Drivers
C Company Analysis
Final Conclusion
Data Validation Data obtained as a result of primary and secondary research was validated through rigorous triangulation.
Data Analysis Data was scrutinized using MS-Excel and statistical tools such as Time Series Analysis, etc., to obtain qualitative and quantitative insights about the Global Oil & Gas Coring System market.
Primary Research
TechSci Internal Database Interviews with Key Opinion Leaders
Secondary Research Company Website Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body, Associations, etc.
13 TechSci Research
Research Methodology
Short term
Optimistic
D1
Short term
Medium term
2023F
2022F
2021F
2020F
2019F
2017
2018E
• Qualitative to quantitative conversion • Assigning weightage to drivers • Statistical evaluation • Developing the actual forecast based on both the cases
Conservative • Market indicators expected to perform at average level during the forecast period • Market expected to slow down with decreasing impact of drivers
2016
D3
2015
D2
XX% CAGR
Long term
XX% + 2% CAGR
D1
XX% + 4% CAGR
D2
Degree of impact
High
Medium
Low
2023F
2022F
2021F
2020F
2019F
2018E
2017
2016
2015
D3 2014
Likely
2013
Global Oil & Gas Coring System Market
XX% + 4% CAGR
2014
• Market indicators expected to outperform during the forecast period • Market expected to gain traction with increasing impact of drivers
Long term
2013
Forecasting Methodology
Medium term
14 TechSci Research
Research Methodology
OPTIMISTIC
HIGH
4.8%
LIKELY 4.6%
4.5%
Factor 2
EXPECTED
Factor 1
4.7%
This scenario is characterized by moderate impact of economic and market growth factors on Global Oil & Gas Coring System market
CONSERVATIVE
4.4%
4.3%
LOW
GROWTH FACTOR
This scenario is characterized by higher impact of economic and market growth factors on Global Oil & Gas Coring System market
In this scenario impact of economic as well as market growth factors is comparatively very low on Global Oil & Gas Coring System market
Factor 3
IMPACT OF GROWTH DRIVERS
15 TechSci Research
Research Methodology OBJECTIVE: The primary objective of the study is to analyze and forecast the Global Oil & Gas Coring System market, and identify the market share by type, by application, by region and by company. Moreover, an in-depth study of Oil & Gas Coring System market was conducted, and major companies operating in Global Oil & Gas Coring System market were profiled.
APPROACH & SOURCES: In order to extract, analyze and project the Global Oil & Gas Coring System market, both top-down and bottom-up approaches were used. Multiple employees from following companies and organizations were interviewed through telephonic as well as face-to-face meetings in order to extract and verify collected information. Partial List of Companies and Organizations Interviewed Schlumberger Limited
The Halliburton Company
Weatherford International Plc
Baker Hughes, a GE company
ALS Limited
China National Petroleum Corporation
National Oilwell Varco
China National Offshore Oil Corporation
HLS Asia Limited
Saudi Arabian Oil Co.
TechSci Research has scrutinized various published documents from following key sources to fill data gaps and verify information collected through primary research surveys. Secondary Sources International Monetary Fund
World Bank
OPEC Statistics
BP Statistics
World Oil
Company Websites & Investor Presentation
OICD
News Article
IEA
Annual Reports
16 TechSci Research
Research Methodology The study has been carried out considering various aspects of the Global Oil & Gas Coring System market. ➢ In the beginning of the Global Oil & Gas Coring System market study, a brief study was conducted to understand each and every aspect of market outlook such as drivers, challenges, trends and various other major factors which might affect the market. Moreover, an in-depth analysis was conducted to understand the Global Oil & Gas Coring System market scenario, and gauge the competitive scenario. ➢ Afterwards, a detailed scrutiny of type of services provided by coring companies across the world was done. Impact of prevailing regulations, foreign trade, macroeconomic conditions and population growth was also considered and assessed. ➢ In order to extract data for Global Oil & Gas Coring System market study, primary research surveys were conducted with key opinion leaders operating in oil & gas and proving coring services across the world to understand historical and present trends. ➢ Our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of the Global Oil & Gas Coring System market. Taking into consideration factors such as increase in technological advancements, growing demand for oil & gas, increase in drilling activities, etc., our team of analysts has provided a prudent analysis of the industry’s performance and forecast a positive outlook for the industry.
17 TechSci Research
Industry Brief Schlumberger to Continue Dominating Oil & Gas Coring System Market until 2023 According to a recently published TechSci Research report “Global Oil & Gas Coring System Market By Type, By Application, By Region, Competition Forecast & Opportunities, 2013-2023’’, the global oil & gas coring system market is projected to cross $ 9.7 billion on account of rising demand for oil & gas and development of new fields. Moreover, growing number of exploration & production (E&P) activities coupled with rising crude oil prices and increasing investment in research & development is further likely to positively influence global oil & gas coring system market in the coming years. Schlumberger Limited grabbed the largest share in the global oil & gas coring system market in 2017, followed by The Halliburton Company, and Baker Hughes. Among different types, global oil & gas coring system market is dominated by bottom coring as this is an essential activity and is carried out after every drilling operation. In 2017, onshore segment had the largest share in the global oil& gas coring system market, and the application segment is likely to maintain its dominance throughout the forecast period as well. Dominance of this segment is led by higher number of wells drilled onshore as compared to offshore, thereby making it essential to use bottom coring. Furthermore, a large demand for oil & gas coring system emanates from North America backed by increasing oil & gas exploration activities in the region. “As of 2017, the global crude oil consumption stood at around 98 million barrels per day. Growing investments in onshore and offshore exploration & production across the globe is likely to propel demand for coring systems in the coming years. Additionally, collaborations and acquisitions in order to expand operations, increase cost efficiency and pursue new product developments would further steer growth in the global oil & gas coring system market during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 18 TechSci Research
Sample Data-Snapshot Overall Brand Satisfaction Level
Figure 1: Global Oil & Gas Coring System Market Size, By Value, 2013-2023F (USD Billion) CAGR 2018E-2023F By Value: X%
CAGR 2013-2017 By Value: X%
HLS Asia Limited National Oilwell Varco ALS Limited China National Offshore Oil Corporation Saudi Arabian Oil Company China National Petroleum Corporation Weatherford International plc
2013
2014
2015
2016
2017
2018E
2018E-2023F Offshore
6.20% 2010
2011
2012
2013
2014
2015
2016
Import Export Figure 71: Number of Active Oil & Gas Rigs in
6.00% 5.80% 5.60% 5.40%
Australia, 2013-2017E
Onshore
5.20% 5.00% 4.80% 0.00
ALS Limited
0.50
1.00
1.50
2.00
2.50
Figure 47: Asia-Pacific Oil & Gas Coring System
China National Offshore Oil Corporation
Weatherford International plc
2023F
Attractiveness Index, By Application, By Value,
National Oilwell Varco
China National Petroleum Corporation
2022F
Exports, 2010-2016 (Thousand Barrels Per Day)
HLS Asia Limited
Saudi Arabian Oil Company
2021F
Figure 12: Global Oil & Gas Coring System Market
The Halliburton Company
Brand Satisfaction Level wrt Lead Time
2020F
Figure 23: United States Crude Oil Imports &
Baker Hughes, a GE company
Schlumberger Limited
2019F
Market Share, By Country, By Value, 2017 2013
2014
2015
2016
2017E
Figure 118: Number of Active Oil & Gas Wells in Iran, 2012-2016
Rest of APAC, 10.00% Australia, 10.00%
2017
China, 10.00%
Thailand, 10.00%
Baker Hughes, a GE company The Halliburton Company
Schlumberger Limited
2012
2013
2014
Indonesia,
2015 2016 10.00% Source: XXXXX Note: These are dummy figures; please purchase our report for actual data
India, 10.00%
19 TechSci Research
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About Us & Disclaimer About Us : TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industryspecific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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Disclaimer : The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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21 TechSci Research