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Global Well Drilling Services Market Research Report 2025
Synopsis
Drilling is the use of mechanical equipment to drill a deep cylindrical hole into the formation. So that we can collect the underground oil and gas along the oil pipeline to the surface.
The global Well Drilling Services market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Well Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Well Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Well Drilling Services in Offshore Drilling Service is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Well Drilling Services include Layne, Schlumberger, Halliburton, Fluor Corporation, Baker Hughes, Transocean Ltd, Ensco Plc, Seadrill and Noble Corporation, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Well Drilling Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Well Drilling Services.
Report Scope
The Well Drilling Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Well Drilling Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Well Drilling Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Layne
Schlumberger
Halliburton
Fluor Corporation
Baker Hughes
Transocean Ltd
Ensco Plc
Seadrill
Noble Corporation
Diamond Offshore Drilling
Rowan
Saipem
Weatherford International
Stena Drilling
COSL
Nabors Industries
Fred. Olsen Energy
KCA Deutag
Parker Drilling
Segment by Type
Impact Drill
Rotary Drill
Segment by Application
Offshore Drilling Service
Oil and Gas Drilling Service
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Well Drilling Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Drilling is the use of mechanical equipment to drill a deep cylindrical hole into the formation. So that we can collect the underground oil and gas along the oil pipeline to the surface.
The global Well Drilling Services market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Well Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Well Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Well Drilling Services in Offshore Drilling Service is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Well Drilling Services include Layne, Schlumberger, Halliburton, Fluor Corporation, Baker Hughes, Transocean Ltd, Ensco Plc, Seadrill and Noble Corporation, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Well Drilling Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Well Drilling Services.
Report Scope
The Well Drilling Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Well Drilling Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Well Drilling Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Layne
Schlumberger
Halliburton
Fluor Corporation
Baker Hughes
Transocean Ltd
Ensco Plc
Seadrill
Noble Corporation
Diamond Offshore Drilling
Rowan
Saipem
Weatherford International
Stena Drilling
COSL
Nabors Industries
Fred. Olsen Energy
KCA Deutag
Parker Drilling
Segment by Type
Impact Drill
Rotary Drill
Segment by Application
Offshore Drilling Service
Oil and Gas Drilling Service
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Well Drilling Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Well Drilling Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Impact Drill
1.2.3 Rotary Drill
1.3 Market by Application
1.3.1 Global Well Drilling Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Offshore Drilling Service
1.3.3 Oil and Gas Drilling Service
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Well Drilling Services Market Perspective (2019-2030)
2.2 Well Drilling Services Growth Trends by Region
2.2.1 Global Well Drilling Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Well Drilling Services Historic Market Size by Region (2019-2024)
2.2.3 Well Drilling Services Forecasted Market Size by Region (2025-2030)
2.3 Well Drilling Services Market Dynamics
2.3.1 Well Drilling Services Industry Trends
2.3.2 Well Drilling Services Market Drivers
2.3.3 Well Drilling Services Market Challenges
2.3.4 Well Drilling Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Well Drilling Services Players by Revenue
3.1.1 Global Top Well Drilling Services Players by Revenue (2019-2024)
3.1.2 Global Well Drilling Services Revenue Market Share by Players (2019-2024)
3.2 Global Well Drilling Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Well Drilling Services Revenue
3.4 Global Well Drilling Services Market Concentration Ratio
3.4.1 Global Well Drilling Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Well Drilling Services Revenue in 2023
3.5 Well Drilling Services Key Players Head office and Area Served
3.6 Key Players Well Drilling Services Product Solution and Service
3.7 Date of Enter into Well Drilling Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Well Drilling Services Breakdown Data by Type
4.1 Global Well Drilling Services Historic Market Size by Type (2019-2024)
4.2 Global Well Drilling Services Forecasted Market Size by Type (2025-2030)
5 Well Drilling Services Breakdown Data by Application
5.1 Global Well Drilling Services Historic Market Size by Application (2019-2024)
5.2 Global Well Drilling Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Well Drilling Services Market Size (2019-2030)
6.2 North America Well Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Well Drilling Services Market Size by Country (2019-2024)
6.4 North America Well Drilling Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Well Drilling Services Market Size (2019-2030)
7.2 Europe Well Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Well Drilling Services Market Size by Country (2019-2024)
7.4 Europe Well Drilling Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Well Drilling Services Market Size (2019-2030)
8.2 Asia-Pacific Well Drilling Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Well Drilling Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Well Drilling Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Well Drilling Services Market Size (2019-2030)
9.2 Latin America Well Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Well Drilling Services Market Size by Country (2019-2024)
9.4 Latin America Well Drilling Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Well Drilling Services Market Size (2019-2030)
10.2 Middle East & Africa Well Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Well Drilling Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Well Drilling Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Layne
11.1.1 Layne Company Detail
11.1.2 Layne Business Overview
11.1.3 Layne Well Drilling Services Introduction
11.1.4 Layne Revenue in Well Drilling Services Business (2019-2024)
11.1.5 Layne Recent Development
11.2 Schlumberger
11.2.1 Schlumberger Company Detail
11.2.2 Schlumberger Business Overview
11.2.3 Schlumberger Well Drilling Services Introduction
11.2.4 Schlumberger Revenue in Well Drilling Services Business (2019-2024)
11.2.5 Schlumberger Recent Development
11.3 Halliburton
11.3.1 Halliburton Company Detail
11.3.2 Halliburton Business Overview
11.3.3 Halliburton Well Drilling Services Introduction
11.3.4 Halliburton Revenue in Well Drilling Services Business (2019-2024)
11.3.5 Halliburton Recent Development
11.4 Fluor Corporation
11.4.1 Fluor Corporation Company Detail
11.4.2 Fluor Corporation Business Overview
11.4.3 Fluor Corporation Well Drilling Services Introduction
11.4.4 Fluor Corporation Revenue in Well Drilling Services Business (2019-2024)
11.4.5 Fluor Corporation Recent Development
11.5 Baker Hughes
11.5.1 Baker Hughes Company Detail
11.5.2 Baker Hughes Business Overview
11.5.3 Baker Hughes Well Drilling Services Introduction
11.5.4 Baker Hughes Revenue in Well Drilling Services Business (2019-2024)
11.5.5 Baker Hughes Recent Development
11.6 Transocean Ltd
11.6.1 Transocean Ltd Company Detail
11.6.2 Transocean Ltd Business Overview
11.6.3 Transocean Ltd Well Drilling Services Introduction
11.6.4 Transocean Ltd Revenue in Well Drilling Services Business (2019-2024)
11.6.5 Transocean Ltd Recent Development
11.7 Ensco Plc
11.7.1 Ensco Plc Company Detail
11.7.2 Ensco Plc Business Overview
11.7.3 Ensco Plc Well Drilling Services Introduction
11.7.4 Ensco Plc Revenue in Well Drilling Services Business (2019-2024)
11.7.5 Ensco Plc Recent Development
11.8 Seadrill
11.8.1 Seadrill Company Detail
11.8.2 Seadrill Business Overview
11.8.3 Seadrill Well Drilling Services Introduction
11.8.4 Seadrill Revenue in Well Drilling Services Business (2019-2024)
11.8.5 Seadrill Recent Development
11.9 Noble Corporation
11.9.1 Noble Corporation Company Detail
11.9.2 Noble Corporation Business Overview
11.9.3 Noble Corporation Well Drilling Services Introduction
11.9.4 Noble Corporation Revenue in Well Drilling Services Business (2019-2024)
11.9.5 Noble Corporation Recent Development
11.10 Diamond Offshore Drilling
11.10.1 Diamond Offshore Drilling Company Detail
11.10.2 Diamond Offshore Drilling Business Overview
11.10.3 Diamond Offshore Drilling Well Drilling Services Introduction
11.10.4 Diamond Offshore Drilling Revenue in Well Drilling Services Business (2019-2024)
11.10.5 Diamond Offshore Drilling Recent Development
11.11 Rowan
11.11.1 Rowan Company Detail
11.11.2 Rowan Business Overview
11.11.3 Rowan Well Drilling Services Introduction
11.11.4 Rowan Revenue in Well Drilling Services Business (2019-2024)
11.11.5 Rowan Recent Development
11.12 Saipem
11.12.1 Saipem Company Detail
11.12.2 Saipem Business Overview
11.12.3 Saipem Well Drilling Services Introduction
11.12.4 Saipem Revenue in Well Drilling Services Business (2019-2024)
11.12.5 Saipem Recent Development
11.13 Weatherford International
11.13.1 Weatherford International Company Detail
11.13.2 Weatherford International Business Overview
11.13.3 Weatherford International Well Drilling Services Introduction
11.13.4 Weatherford International Revenue in Well Drilling Services Business (2019-2024)
11.13.5 Weatherford International Recent Development
11.14 Stena Drilling
11.14.1 Stena Drilling Company Detail
11.14.2 Stena Drilling Business Overview
11.14.3 Stena Drilling Well Drilling Services Introduction
11.14.4 Stena Drilling Revenue in Well Drilling Services Business (2019-2024)
11.14.5 Stena Drilling Recent Development
11.15 COSL
11.15.1 COSL Company Detail
11.15.2 COSL Business Overview
11.15.3 COSL Well Drilling Services Introduction
11.15.4 COSL Revenue in Well Drilling Services Business (2019-2024)
11.15.5 COSL Recent Development
11.16 Nabors Industries
11.16.1 Nabors Industries Company Detail
11.16.2 Nabors Industries Business Overview
11.16.3 Nabors Industries Well Drilling Services Introduction
11.16.4 Nabors Industries Revenue in Well Drilling Services Business (2019-2024)
11.16.5 Nabors Industries Recent Development
11.17 Fred. Olsen Energy
11.17.1 Fred. Olsen Energy Company Detail
11.17.2 Fred. Olsen Energy Business Overview
11.17.3 Fred. Olsen Energy Well Drilling Services Introduction
11.17.4 Fred. Olsen Energy Revenue in Well Drilling Services Business (2019-2024)
11.17.5 Fred. Olsen Energy Recent Development
11.18 KCA Deutag
11.18.1 KCA Deutag Company Detail
11.18.2 KCA Deutag Business Overview
11.18.3 KCA Deutag Well Drilling Services Introduction
11.18.4 KCA Deutag Revenue in Well Drilling Services Business (2019-2024)
11.18.5 KCA Deutag Recent Development
11.19 Parker Drilling
11.19.1 Parker Drilling Company Detail
11.19.2 Parker Drilling Business Overview
11.19.3 Parker Drilling Well Drilling Services Introduction
11.19.4 Parker Drilling Revenue in Well Drilling Services Business (2019-2024)
11.19.5 Parker Drilling Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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