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Drilling Equipment Market Research Reports & Consulting

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Market Reports

Title Published Price TOC Available

Drill Pipe Market by Application (Onshore and Offshore), by Grade (American Petroleum Institute (API) Grade and Premium Grade), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa) - Global Trends & Forecast to 2020

Global oil and gas production has increased over the last five years, from 81.15 Million barrels per day in 2009, to 88.67 Million barrels per day b 2014. This has led to the supply for oil & gas exceeding its demand which has ultimately caused a decline in the prices of crude oil during the last six months of 2014. Consequently, the oil and gas operators have reduced their capital expenditure outlook for 2015 citing concerns over low profit margins. This reduction has mainly impacted the upstream exploration and production (E&P) activities. However, the declining production from onshore oilfields in countries such as Russia, the U.K. and India among others has resulted in higher demand for exploring new offshore reserves. Drill pipe which are used to support drilling and exploration activities are expected to grow at a CAGR of 3.8% to reach USD 1,133.8 Million by 2020 from USD 940.62 Million in 2015. In this report, 2014 is considered as the base year and 2020 is considered as the forecast year. The report covers the grade of drill pipe as well as the application segments.

November 2015 $ 5650 selected

Downhole Tools Market by Tool Type (Flow & Pressure Control, Drilling, Impurity Control, Downhole Control, and Handling), Application (Drilling, Completion, Well Intervention, Formation & Evaluation, and Oil & Gas Production) & by Region - Global Trends & Forecast to 2019

The oil & gas industry has witnessed significant growth in last decade due to increasing E & P activities throughout the world, when oil prices were priced above $100 per barrel. However, the recent crude oil price drop has slowed down the industry. Brent crude prices fell down to $47.7 per barrel in January 2015, from $108.1 per barrel in January 2014, which is close to 60% change. It is expected that this slump would slowly recover in the coming years with the focus of the industry being shifted to efficiency and optimization. Downhole tools still find their importance in terms of increasing production efficiencies and intervention jobs. The global downhole tools market is expected to reach a value of $4.49 Billion by 2019, at a CAGR of 4.9 % from 2014 to 2019.

June 2015 $ 5650 selected

Top Drive Systems Market by Type (Electric & Hydraulic), Application (Onshore & Offshore), Vessel Type (Jackup, Drillship, Semi-Submersible), & by Region (North & South Americas, Europe, APAC, Middle East & Africa) - Global Trends & Forecasts to 2020

With increasing demand for drilling rigs, the top drive market is expected to grow as they are directly proportional to the number of drilling rigs installed. Top drives are used for onshore or offshore rigs, and can be hydraulic or electric. Earlier, the use of top drives was uncommon and rotary table/Kelly was used for the same purpose. It is used to facilitate the drilling process of a borehole. It is situated on a drilling rig, provides torque to the drill string, and makes the drilling process easy. The global top drive market is estimated to reach $1,541.3 Million by 2020, at a projected CAGR of 5.7% during the forecast period, indicating a high demand in onshore and offshore applications. The electric top drive market is estimated to reach a value of $1,381.3 Million whereas the hydraulic top drive market is projected to reach $160.3 Million by 2020.

May 2015 $ 5650 selected

Well Casing Market by Hardware Type (Casing Equipment & Cementation Equipment), by Equipment (Liners, Centralizers, Wiper Plugs, Float Equipment), by Application (Onshore and Offshore) - Global Trends & Forecasts to 2019

Well casing is an important part of well completion activity prior to the start of production from well. Well completion adds up to nearly half of the total drilling costs with more than a tenth from well casing and cementing hardware and related services making it a important market in the total drilling industry. The global well casing market is projected to be valued at $2,592.9 Million by 2019, at a CAGR of 7.8% from 2014-2019.

February 2015 $ 5650 selected

Solid Control Equipment Market by Types (Shale Shakers, Mud Centrifuges, Desander & Desilter, Mud Cleaners, and Others), by Application Areas (Onshore & Offshore), & by Geography - Global Trends & Forecast to 2019

Waste is an inevitable by-product of drilling activities in the form of cuttings and mud.  The increasing demand of energy and growing environmental concern is driving the solid control equipment market. Solid control equipment optimizes the drilling efficiencies by reducing fluid losses. The American Petroleum Institute (API) has estimated that approximately 1.21 barrels of total drilling waste fluids are generated for every foot drilled including solid cuttings.

January 2015 $ 5650 selected

Sand Control Systems Market by Type (Gravel Pack, Frac Pack, Sand Screens, Inflow Control Devices, and Others), Application (Onshore and Offshore), & Geography - Global trends and forecasts to 2019

Sand Control Systems include a device or equipment which  eliminates the sand formations and its mixing in the process of extraction of hydrocarbons. These systems play a vital role in the overall process of completion and enhance overall productivity and performance of a well. These have gained wide importance and acceptance in the recent past as they help in eliminating the problems of eroding hardware, downhole cavities thus saving costs.

January 2015 $ 5650 selected

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