Directional drilling is the practice of deviating the wellbore along a planned path to a specific location (also known as target location). The target location is predetermined and is at a given lateral distance and direction from the vertical. Directional drilling is carried out as vertically as possible from a given true vertical depth (TVD).
The increase in the number of deepwater and ultra-deepwater drilling projects will be one of the major factors that will have a positive impact on the growth of the market. The rise in the number of drilling projects, the need for directional drilling services is certain to increase due to a variety of applications provided by it for drilling or production project. For instance, In January 2017, BP (British Petroleum) started a major project, Thunder Horse South Expansion, in the Gulf of Mexico almost a year before its scheduled time. Such projects will increase production of crude oil production.
The market has the presence of a considerable number of manufacturers and appears to be highly competitive. The manufacturers in the market are investing in research and development to increase the drilling performance. The level of competition among the players will intensify in the coming years due to the increase in technological innovations, product extensions, and the increase in M&A.
In terms of geographic regions, the Americas will be the major revenue contributor to the market among recent years. The increase in energy demand in the US, Mexico, and Canada makes North America the second largest consumer of crude oil across the globe. The support from the government of various countries towards exploration and drilling activities will drive the demand for directional drilling in this region.
The global Directional Drilling market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Directional Drilling volume and value at global level, regional level and company level. From a global perspective, this report represents overall Directional Drilling market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Baker Hughes
Halliburton
Schlumberger
Weatherford
Cathedral Energy Services
Directional Technologies
Ensco
Gyrodata
Jindal Drilling and Industries
LEAM Drilling Systems
MOTIVE DRILLING TECHNOLOGIES
Nabors Industries
National Oilwell Varco
Seadrill
SCIENTIFIC DRILLING INTERNATIONAL
TRANSOCEAN
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Segment by Regions
North America
Europe
China
Japan
Segment by Type
Gas
Oil
Others
Segment by Application
Onshore
Offshore
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Table Of Contents:
1 Directional Drilling Market Overview
1.1 Product Overview and Scope of Directional Drilling
1.2 Directional Drilling Segment by Type
1.2.1 Global Directional Drilling Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Gas
1.2.3 Oil
1.2.4 Others
1.3 Directional Drilling Segment by Application
1.3.1 Directional Drilling Consumption Comparison by Application (2014-2025)
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Directional Drilling Market by Region
1.4.1 Global Directional Drilling Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Directional Drilling Market Size
1.5.1 Global Directional Drilling Revenue (2014-2025)
1.5.2 Global Directional Drilling Production (2014-2025)
2 Global Directional Drilling Market Competition by Manufacturers
2.1 Global Directional Drilling Production Market Share by Manufacturers (2014-2019)
2.2 Global Directional Drilling Revenue Share by Manufacturers (2014-2019)
2.3 Global Directional Drilling Average Price by Manufacturers (2014-2019)
2.4 Manufacturers Directional Drilling Production Sites, Area Served, Product Types
2.5 Directional Drilling Market Competitive Situation and Trends
2.5.1 Directional Drilling Market Concentration Rate
2.5.2 Directional Drilling Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
…
7 Company Profiles and Key Figures in Directional Drilling Business
7.1 Baker Hughes
7.1.1 Baker Hughes Directional Drilling Production Sites and Area Served
7.1.2 Directional Drilling Product Introduction, Application and Specification
7.1.3 Baker Hughes Directional Drilling Production, Revenue, Price and Gross Margin (2014-2019)
7.1.4 Main Business and Markets Served
7.2 Halliburton
7.2.1 Halliburton Directional Drilling Production Sites and Area Served
7.2.2 Directional Drilling Product Introduction, Application and Specification
7.2.3 Halliburton Directional Drilling Production, Revenue, Price and Gross Margin (2014-2019)
7.2.4 Main Business and Markets Served
7.3 Schlumberger
7.3.1 Schlumberger Directional Drilling Production Sites and Area Served
7.3.2 Directional Drilling Product Introduction, Application and Specification
7.3.3 Schlumberger Directional Drilling Production, Revenue, Price and Gross Margin (2014-2019)
7.3.4 Main Business and Markets Served
7.4 Weatherford
7.4.1 Weatherford Directional Drilling Production Sites and Area Served
7.4.2 Directional Drilling Product Introduction, Application and Specification
7.4.3 Weatherford Directional Drilling Production, Revenue, Price and Gross Margin (2014-2019)
7.4.4 Main Business and Markets Served
7.5 Cathedral Energy Services
7.5.1 Cathedral Energy Services Directional Drilling Production Sites and Area Served
7.5.2 Directional Drilling Product Introduction, Application and Specification
7.5.3 Cathedral Energy Services Directional Drilling Production, Revenue, Price and Gross Margin (2014-2019)
7.5.4 Main Business and Markets Served
Continued……
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