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 was valued at xx million US$ in 2018 and will 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 categorizes the production, apparent consumption, export and import of Directional Drilling in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Directional Drilling manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
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
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Gas
Oil
Others
Segment by Application
Onshore
Offshore
Table of Contents
Executive Summary
1 Industry Overview of Directional Drilling
1.1 Definition of Directional Drilling
1.2 Directional Drilling Segment by Type
1.2.1 Global Directional Drilling Production Growth Rate Comparison by Types (2014-2025)
1.2.2 Gas
1.2.3 Oil
1.2.4 Others
1.3 Directional Drilling Segment by Applications
1.3.1 Global Directional Drilling Consumption Comparison by Applications (2014-2025)
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Directional Drilling Overall Market
1.4.1 Global Directional Drilling Revenue (2014-2025)
1.4.2 Global Directional Drilling Production (2014-2025)
1.4.3 North America Directional Drilling Status and Prospect (2014-2025)
1.4.4 Europe Directional Drilling Status and Prospect (2014-2025)
1.4.5 China Directional Drilling Status and Prospect (2014-2025)
1.4.6 Japan Directional Drilling Status and Prospect (2014-2025)
1.4.7 Southeast Asia Directional Drilling Status and Prospect (2014-2025)
1.4.8 India Directional Drilling Status and Prospect (2014-2025)
2 Manufacturing Cost Structure Analysis
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Directional Drilling
2.3 Manufacturing Process Analysis of Directional Drilling
2.4 Industry Chain Structure of Directional Drilling
3 Development and Manufacturing Plants Analysis of Directional Drilling
3.1 Capacity and Commercial Production Date
3.2 Global Directional Drilling Manufacturing Plants Distribution
3.3 Major Manufacturers Technology Source and Market Position of Directional Drilling
3.4 Recent Development and Expansion Plans
4 Key Figures of Major Manufacturers
4.1 Directional Drilling Production and Capacity Analysis
4.2 Directional Drilling Revenue Analysis
4.3 Directional Drilling Price Analysis
4.4 Market Concentration Degree
5 Directional Drilling Regional Market Analysis
5.1 Directional Drilling Production by Regions
5.1.1 Global Directional Drilling Production by Regions
5.1.2 Global Directional Drilling Revenue by Regions
5.2 Directional Drilling Consumption by Regions
5.3 North America Directional Drilling Market Analysis
5.3.1 North America Directional Drilling Production
5.3.2 North America Directional Drilling Revenue
5.3.3 Key Manufacturers in North America
5.3.4 North America Directional Drilling Import and Export
5.4 Europe Directional Drilling Market Analysis
5.4.1 Europe Directional Drilling Production
5.4.2 Europe Directional Drilling Revenue
5.4.3 Key Manufacturers in Europe
5.4.4 Europe Directional Drilling Import and Export
5.5 China Directional Drilling Market Analysis
5.5.1 China Directional Drilling Production
5.5.2 China Directional Drilling Revenue
5.5.3 Key Manufacturers in China
5.5.4 China Directional Drilling Import and Export
5.6 Japan Directional Drilling Market Analysis
5.6.1 Japan Directional Drilling Production
5.6.2 Japan Directional Drilling Revenue
5.6.3 Key Manufacturers in Japan
5.6.4 Japan Directional Drilling Import and Export
5.7 Southeast Asia Directional Drilling Market Analysis
5.7.1 Southeast Asia Directional Drilling Production
5.7.2 Southeast Asia Directional Drilling Revenue
5.7.3 Key Manufacturers in Southeast Asia
5.7.4 Southeast Asia Directional Drilling Import and Export
5.8 India Directional Drilling Market Analysis
5.8.1 India Directional Drilling Production
5.8.2 India Directional Drilling Revenue
5.8.3 Key Manufacturers in India
5.8.4 India Directional Drilling Import and Export
Summary: Get latest Market Research Reports on Directional Drilling. Industry analysis & Market Report on Directional Drilling is a syndicated market report, published as Global Directional Drilling Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Directional Drilling market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.