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Oil and Gas Wells Drilling Services-Global Market Insights and Sales Trends 2025
Synopsis
The oil and gas wells drilling services industryludes companies primarily engaged in oil and gas wells drilling services for others on a contract or fee basis. This industry alsoludes contractors specializing spudding indrilling inredrillingand directional drilling. This market covers outsourced drilling services sold on a contract basis to oil and gas extraction companies and does notlude any in-house drilling services of oil and gas extraction companies.
The global Oil and Gas Wells Drilling Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Oil and Gas Wells Drilling Services in various end use industries. The expanding demands from the Crude Petroleum Comprises and Natural Gas Extraction Comprises, are propelling Oil and Gas Wells Drilling Services market. Oil and Gas Wells Drilling Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oil and Gas Supporting Activities segment is estimated at % CAGR for the next seven-year period.
Advanced drilling technology services such as geosteering and measurement while drilling technologies (MWD) are aiding companies in drilling process by providing access to real time data. Geosteering technology provides real time information in the form of surveysimaging studies2D and 3D projections of the terrain around the oil reservoir by continuous adjustment of placement of the drill head above the oil well.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oil and Gas Wells Drilling Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oil and Gas Wells Drilling Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oil and Gas Wells Drilling Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oil and Gas Wells Drilling Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oil and Gas Wells Drilling Services covered in this report include Schlumberger, Halliburton, Transocean, Weatherford and GE(Baker Hughes), etc.
The global Oil and Gas Wells Drilling Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schlumberger
Halliburton
Transocean
Weatherford
GE(Baker Hughes)
Global Oil and Gas Wells Drilling Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil and Gas Wells Drilling Services market, Segment by Type:
Oil and Gas Wells Drilling Services
Oil and Gas Supporting Activities
Global Oil and Gas Wells Drilling Services market, by Application
Crude Petroleum Comprises
Natural Gas Extraction Comprises
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Oil and Gas Wells Drilling Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
The oil and gas wells drilling services industryludes companies primarily engaged in oil and gas wells drilling services for others on a contract or fee basis. This industry alsoludes contractors specializing spudding indrilling inredrillingand directional drilling. This market covers outsourced drilling services sold on a contract basis to oil and gas extraction companies and does notlude any in-house drilling services of oil and gas extraction companies.
The global Oil and Gas Wells Drilling Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Oil and Gas Wells Drilling Services in various end use industries. The expanding demands from the Crude Petroleum Comprises and Natural Gas Extraction Comprises, are propelling Oil and Gas Wells Drilling Services market. Oil and Gas Wells Drilling Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oil and Gas Supporting Activities segment is estimated at % CAGR for the next seven-year period.
Advanced drilling technology services such as geosteering and measurement while drilling technologies (MWD) are aiding companies in drilling process by providing access to real time data. Geosteering technology provides real time information in the form of surveysimaging studies2D and 3D projections of the terrain around the oil reservoir by continuous adjustment of placement of the drill head above the oil well.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oil and Gas Wells Drilling Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oil and Gas Wells Drilling Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oil and Gas Wells Drilling Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oil and Gas Wells Drilling Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oil and Gas Wells Drilling Services covered in this report include Schlumberger, Halliburton, Transocean, Weatherford and GE(Baker Hughes), etc.
The global Oil and Gas Wells Drilling Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schlumberger
Halliburton
Transocean
Weatherford
GE(Baker Hughes)
Global Oil and Gas Wells Drilling Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil and Gas Wells Drilling Services market, Segment by Type:
Oil and Gas Wells Drilling Services
Oil and Gas Supporting Activities
Global Oil and Gas Wells Drilling Services market, by Application
Crude Petroleum Comprises
Natural Gas Extraction Comprises
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Oil and Gas Wells Drilling Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Oil and Gas Wells Drilling Services
1.1 Oil and Gas Wells Drilling Services Market Overview
1.1.1 Oil and Gas Wells Drilling Services Product Scope
1.1.2 Oil and Gas Wells Drilling Services Market Status and Outlook
1.2 Global Oil and Gas Wells Drilling Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Oil and Gas Wells Drilling Services Market Size by Region (2018-2029)
1.4 Global Oil and Gas Wells Drilling Services Historic Market Size by Region (2018-2023)
1.5 Global Oil and Gas Wells Drilling Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Oil and Gas Wells Drilling Services Market Size (2018-2029)
1.6.1 North America Oil and Gas Wells Drilling Services Market Size (2018-2029)
1.6.2 Europe Oil and Gas Wells Drilling Services Market Size (2018-2029)
1.6.3 Asia-Pacific Oil and Gas Wells Drilling Services Market Size (2018-2029)
1.6.4 Latin America Oil and Gas Wells Drilling Services Market Size (2018-2029)
1.6.5 Middle East & Africa Oil and Gas Wells Drilling Services Market Size (2018-2029)
2 Oil and Gas Wells Drilling Services Market by Type
2.1 Introduction
2.1.1 Oil and Gas Wells Drilling Services
2.1.2 Oil and Gas Supporting Activities
2.2 Global Oil and Gas Wells Drilling Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Oil and Gas Wells Drilling Services Historic Market Size by Type (2018-2023)
2.2.2 Global Oil and Gas Wells Drilling Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Oil and Gas Wells Drilling Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Oil and Gas Wells Drilling Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Oil and Gas Wells Drilling Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Oil and Gas Wells Drilling Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Oil and Gas Wells Drilling Services Revenue Breakdown by Type (2018-2029)
3 Oil and Gas Wells Drilling Services Market Overview by Application
3.1 Introduction
3.1.1 Crude Petroleum Comprises
3.1.2 Natural Gas Extraction Comprises
3.2 Global Oil and Gas Wells Drilling Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Oil and Gas Wells Drilling Services Historic Market Size by Application (2018-2023)
3.2.2 Global Oil and Gas Wells Drilling Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Oil and Gas Wells Drilling Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Oil and Gas Wells Drilling Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Oil and Gas Wells Drilling Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Oil and Gas Wells Drilling Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Oil and Gas Wells Drilling Services Revenue Breakdown by Application (2018-2029)
4 Oil and Gas Wells Drilling Services Competition Analysis by Players
4.1 Global Oil and Gas Wells Drilling Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Oil and Gas Wells Drilling Services as of 2022)
4.3 Date of Key Players Enter into Oil and Gas Wells Drilling Services Market
4.4 Global Top Players Oil and Gas Wells Drilling Services Headquarters and Area Served
4.5 Key Players Oil and Gas Wells Drilling Services Product Solution and Service
4.6 Competitive Status
4.6.1 Oil and Gas Wells Drilling Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Schlumberger
5.1.1 Schlumberger Profile
5.1.2 Schlumberger Main Business
5.1.3 Schlumberger Oil and Gas Wells Drilling Services Products, Services and Solutions
5.1.4 Schlumberger Oil and Gas Wells Drilling Services Revenue (US$ Million) & (2018-2023)
5.1.5 Schlumberger Recent Developments
5.2 Halliburton
5.2.1 Halliburton Profile
5.2.2 Halliburton Main Business
5.2.3 Halliburton Oil and Gas Wells Drilling Services Products, Services and Solutions
5.2.4 Halliburton Oil and Gas Wells Drilling Services Revenue (US$ Million) & (2018-2023)
5.2.5 Halliburton Recent Developments
5.3 Transocean
5.3.1 Transocean Profile
5.3.2 Transocean Main Business
5.3.3 Transocean Oil and Gas Wells Drilling Services Products, Services and Solutions
5.3.4 Transocean Oil and Gas Wells Drilling Services Revenue (US$ Million) & (2018-2023)
5.3.5 Weatherford Recent Developments
5.4 Weatherford
5.4.1 Weatherford Profile
5.4.2 Weatherford Main Business
5.4.3 Weatherford Oil and Gas Wells Drilling Services Products, Services and Solutions
5.4.4 Weatherford Oil and Gas Wells Drilling Services Revenue (US$ Million) & (2018-2023)
5.4.5 Weatherford Recent Developments
5.5 GE(Baker Hughes)
5.5.1 GE(Baker Hughes) Profile
5.5.2 GE(Baker Hughes) Main Business
5.5.3 GE(Baker Hughes) Oil and Gas Wells Drilling Services Products, Services and Solutions
5.5.4 GE(Baker Hughes) Oil and Gas Wells Drilling Services Revenue (US$ Million) & (2018-2023)
5.5.5 GE(Baker Hughes) Recent Developments
6 North America
6.1 North America Oil and Gas Wells Drilling Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Oil and Gas Wells Drilling Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Oil and Gas Wells Drilling Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Oil and Gas Wells Drilling Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Oil and Gas Wells Drilling Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Oil and Gas Wells Drilling Services Market Dynamics
11.1 Oil and Gas Wells Drilling Services Industry Trends
11.2 Oil and Gas Wells Drilling Services Market Drivers
11.3 Oil and Gas Wells Drilling Services Market Challenges
11.4 Oil and Gas Wells Drilling Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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