Global Managed Pressure Drilling Services Market Size study by Technology Type (Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling and Return Flow Control Drilling or HSE Method), by Application (Offshore and Onshore) and Regional Forecasts 2020-2027

  • Report Code : BIZ2080660
  • Published On: Oct, 2020
  • Category : Oil & Gas
  • Pages : 200

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  • Global Managed Pressure Drilling Services Market is valued approximately at USD 2.19 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.20% over the forecast period 2020-2027. Managed pressure drilling is referred as a drilling process which is used to efficiently control the annual pressure profile all over the wellbore. It provides closed-loop circulation system which manages and balanced pore pressure, formation fracture pressure and a bottom hole pressure in the wellbore. Due to such features of managed pressure drilling services, the market is expected to grow over the forecast years with rapid growth in oil & gas industries. For instance: According to International Energy Agency, the global crude oil production accounted for 80,622,000 barrel per day (b/d) in the year 2019. United states was also the leading producer of crude oil among both developed and developing nations. According to International Energy Agency, the crude oil production accounted for about 10.99 million barrel per day (b/d) in the year 2018 which rose to around 12.33 million barrel per day (b/d) in the year 2019 registering a growth of about 11%. Managed pressure drilling is gaining application in oil & gas extraction plants to improve wellbore stability, improve rate of penetration while drilling and reducing influx & looses. In addition, need for optimized drilling operation is expected to propel the growth of market. However, high cost of managed pressure drilling services is the factor hampering the market growth.

    The regional analysis of global Managed Pressure Drilling Services Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth in production of crude oil in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing number of mature wells would create lucrative growth prospects for the Managed Pressure Drilling Services Market across Asia-Pacific region.


    Major market player included in this report are:

    Weatherford International Limited

    Halliburton Company

    Baker Hughes Inc.

    Schlumberger Limited

    National Oilwell Varco

    Archer Limited

    Aker Solutions

    Ensign Energy Services Inc.

    Eds Group as

    Strata Energy Services Inc.

    The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology Type offerings of key players. The detailed segments and sub-
    segment of the market are explained below:

    By Technology Type:

    Lithium Ion (Li-ion) Batteries

    Lead-acid Batteries

    Others

    By Application:

    Offshore

    Onshore

    By Region:

    North America

    U.S.

    Canada

    Europe

    UK

    Germany

    France

    Spain

    Italy

    ROE

    Asia Pacific

    China

    India

    Japan

    Australia

    South Korea

    RoAPAC

    Latin America

    Brazil

    Mexico

    Rest of the World


    Furthermore, years considered for the study are as follows:

    Historical year – 2017, 2018

    Base year – 2019

    Forecast period – 2020 to 2027

    Target Audience of the Global Managed Pressure Drilling Services Market in Market Study:

    Key Consulting Companies & Advisors

    Large, medium-sized, and small enterprises

    Venture capitalists

    Value-Added Resellers (VARs)

    Third-party knowledge providers

    Investment bankers

    Investors

     

  • With tables and figures helping analyze worldwide Global Managed Pressure Drilling Services market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1. Executive Summary
    1.1. Market Snapshot
    1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    1.2.1. Managed Pressure Drilling Services Market, by Region, 2018-2027 (USD Billion)
    1.2.2. Managed Pressure Drilling Services Market, by Technology Type, 2018-2027 (USD Billion)
    1.2.3. Managed Pressure Drilling Services Market, by Application, 2018-2027 (USD Billion)
    1.3. Key Trends
    1.4. Estimation Methodology
    1.5. Research Assumption
    Chapter 2. Global Managed Pressure Drilling Services Market Definition and Scope
    2.1. Objective of the Study
    2.2. Market Definition & Scope
    2.2.1. Scope of the Study
    2.2.2. Industry Evolution
    2.3. Years Considered for the Study
    2.4. Currency Conversion Rates
    Chapter 3. Global Managed Pressure Drilling Services Market Dynamics
    3.1. Managed Pressure Drilling Services Market Impact Analysis (2018-2027)
    3.1.1. Market Drivers
    3.1.2. Market Challenges
    3.1.3. Market Opportunities
    Chapter 4. Global Managed Pressure Drilling Services Market: Industry Analysis
    4.1. Porter’s 5 Force Model
    4.1.1. Bargaining Power of Suppliers
    4.1.2. Bargaining Power of Buyers
    4.1.3. Threat of New Entrants
    4.1.4. Threat of Substitutes
    4.1.5. Competitive Rivalry
    4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
    4.2. PEST Analysis
    4.2.1. Political
    4.2.2. Economical
    4.2.3. Social
    4.2.4. Technological
    4.3. Investment Adoption Model
    4.4. Analyst Recommendation & Conclusion
    Chapter 5. Global Managed Pressure Drilling Services Market, by Technology Type
    5.1. Market Snapshot
    5.2. Global Managed Pressure Drilling Services Market by Technology Type, Performance - Potential Analysis
    5.3. Global Managed Pressure Drilling Services Market Estimates & Forecasts by Technology Type 2017-2027 (USD Billion)
    5.4. Managed Pressure Drilling Services Market, Sub Segment Analysis
    5.4.1. Constant Bottom Hole Pressure
    5.4.2. Dual Gradient Drilling
    5.4.3. Mud Cap Drilling
    5.4.4. Return Flow Control Drilling or HSE Method
    Chapter 6. Global Managed Pressure Drilling Services Market, by Application
    6.1. Market Snapshot
    6.2. Global Managed Pressure Drilling Services Market by Application, Performance - Potential Analysis
    6.3. Global Managed Pressure Drilling Services Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
    6.4. Managed Pressure Drilling Services Market, Sub Segment Analysis
    6.4.1. Offshore
    6.4.2. Onshore
    Chapter 7. Global Managed Pressure Drilling Services Market, Regional Analysis
    7.1. Managed Pressure Drilling Services Market, Regional Market Snapshot
    7.2. North America Managed Pressure Drilling Services Market
    7.2.1. U.S. Managed Pressure Drilling Services Market
    7.2.1.1. Technology Type breakdown estimates & forecasts, 2017-2027
    7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
    7.2.2. Canada Managed Pressure Drilling Services Market
    7.3. Europe Managed Pressure Drilling Services Market Snapshot
    7.3.1. U.K. Managed Pressure Drilling Services Market
    7.3.2. Germany Managed Pressure Drilling Services Market
    7.3.3. France Managed Pressure Drilling Services Market
    7.3.4. Spain Managed Pressure Drilling Services Market
    7.3.5. Italy Managed Pressure Drilling Services Market
    7.3.6. Rest of Europe Managed Pressure Drilling Services Market
    7.4. Asia-Pacific Managed Pressure Drilling Services Market Snapshot
    7.4.1. China Managed Pressure Drilling Services Market
    7.4.2. India Managed Pressure Drilling Services Market
    7.4.3. Japan Managed Pressure Drilling Services Market
    7.4.4. Australia Managed Pressure Drilling Services Market
    7.4.5. South Korea Managed Pressure Drilling Services Market
    7.4.6. Rest of Asia Pacific Managed Pressure Drilling Services Market
    7.5. Latin America Managed Pressure Drilling Services Market Snapshot
    7.5.1. Brazil Managed Pressure Drilling Services Market
    7.5.2. Mexico Managed Pressure Drilling Services Market
    7.6. Rest of The World Managed Pressure Drilling Services Market
    Chapter 8. Competitive Intelligence
    8.1. Top Market Strategies
    8.2. Company Profiles
    8.2.1. Weatherford International Limited
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Technology Type Summary
    8.2.1.5. Recent Developments
    8.2.2. Halliburton Company
    8.2.3. Baker Hughes Inc.
    8.2.4. Schlumberger Limited
    8.2.5. National Oilwell Varco
    8.2.6. Archer Limited
    8.2.7. Aker Solutions
    8.2.8. Ensign Energy Services Inc.
    8.2.9. Eds Group as
    8.2.10. Strata Energy Services Inc.
    Chapter 9. Research Technology Type
    9.1. Research Technology Type
    9.1.1. Data Mining
    9.1.2. Analysis
    9.1.3. Market Estimation
    9.1.4. Validation
    9.1.5. Publishing
    9.2. Research Attributes
    9.3. Research Assumption

     

  • The Global Managed Pressure Drilling Services Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • Weatherford International Limited
    • Halliburton Company
    • Baker Hughes Inc.
    • Schlumberger Limited
    • National Oilwell Varco
    • Archer Limited
    • Aker Solutions
    • Ensign Energy Services Inc.
    • Eds Group as
    • Strata Energy Services Inc.
    By Regions:
    • North America
    • U.S.
    • Canada
    • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • ROE
    • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • RoAPAC
    • Latin America
    • Brazil
    • Mexico
    • Rest of the World
    By Type:
      By Application:
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      Research objectives

      Where will all these developments take the industry in the long

      To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

      What are the future opportunities in the market?

      To understand the structure of Market by identifying its various subsegments.

      What are the major driving forces expected to impact the development of the market market across different regions?

      To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

      Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

      To project the consumption of market submarkets, with respect to key regions.

      Who are the major driving forces expected to decide the fate of the industry worldwide.

      To strategically profile the key players and comprehensively analyze their growth strategies.

      What are the key barriers and threats believed to hinder the development of the industry?

      To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

      Who are the prominent market players making a mark in the market with their winning strategies?

      To share detailed information about the key factors influencing the growth of the market

      What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

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