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Global Oilfield and Drilling Services Market Research Report 2024
Synopsis
Oilfield and drilling service is a complex process, which requires sophisticated technology and equipment. Oilfield and drilling services companies provide infrastructure, equipment, intellectual property and services required for the international oil & gas industry, to explore, extract, and transport crude oil & natural gas from the bottom of the earth to the refinery, and eventually to the consumer.
The global Oilfield and Drilling Services market was valued at US$ 80460 million in 2023 and is anticipated to reach US$ 94760 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
North American market for Oilfield and Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Oilfield and Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Oilfield and Drilling Services in Onshore is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Oilfield and Drilling Services include Schlumberger Limited, Halliburton Company, GE(Baker Hughes), Weatherford International plc (WFT), Transocean Ltd, Seadrill, Ensco plc, China Oilfield Services Limited and Noble Corporation plc, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Oilfield and Drilling Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oilfield and Drilling Services.
Report Scope
The Oilfield and Drilling Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Oilfield and Drilling Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Oilfield and Drilling Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger Limited
Halliburton Company
GE(Baker Hughes)
Weatherford International plc (WFT)
Transocean Ltd
Seadrill
Ensco plc
China Oilfield Services Limited
Noble Corporation plc
Helmerich & Payne
Segment by Type
Directional Drilling Services
Oilfield and Drilling Supporting Activities
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Oilfield and Drilling Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Oilfield and drilling service is a complex process, which requires sophisticated technology and equipment. Oilfield and drilling services companies provide infrastructure, equipment, intellectual property and services required for the international oil & gas industry, to explore, extract, and transport crude oil & natural gas from the bottom of the earth to the refinery, and eventually to the consumer.
The global Oilfield and Drilling Services market was valued at US$ 80460 million in 2023 and is anticipated to reach US$ 94760 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
North American market for Oilfield and Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Oilfield and Drilling Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Oilfield and Drilling Services in Onshore is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Oilfield and Drilling Services include Schlumberger Limited, Halliburton Company, GE(Baker Hughes), Weatherford International plc (WFT), Transocean Ltd, Seadrill, Ensco plc, China Oilfield Services Limited and Noble Corporation plc, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Oilfield and Drilling Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oilfield and Drilling Services.
Report Scope
The Oilfield and Drilling Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Oilfield and Drilling Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Oilfield and Drilling Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger Limited
Halliburton Company
GE(Baker Hughes)
Weatherford International plc (WFT)
Transocean Ltd
Seadrill
Ensco plc
China Oilfield Services Limited
Noble Corporation plc
Helmerich & Payne
Segment by Type
Directional Drilling Services
Oilfield and Drilling Supporting Activities
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Oilfield and Drilling Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Oilfield and Drilling Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Directional Drilling Services
1.2.3 Oilfield and Drilling Supporting Activities
1.3 Market by Application
1.3.1 Global Oilfield and Drilling Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Onshore
1.3.3 Offshore
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Oilfield and Drilling Services Market Perspective (2019-2030)
2.2 Oilfield and Drilling Services Growth Trends by Region
2.2.1 Global Oilfield and Drilling Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Oilfield and Drilling Services Historic Market Size by Region (2019-2024)
2.2.3 Oilfield and Drilling Services Forecasted Market Size by Region (2025-2030)
2.3 Oilfield and Drilling Services Market Dynamics
2.3.1 Oilfield and Drilling Services Industry Trends
2.3.2 Oilfield and Drilling Services Market Drivers
2.3.3 Oilfield and Drilling Services Market Challenges
2.3.4 Oilfield and Drilling Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Oilfield and Drilling Services Players by Revenue
3.1.1 Global Top Oilfield and Drilling Services Players by Revenue (2019-2024)
3.1.2 Global Oilfield and Drilling Services Revenue Market Share by Players (2019-2024)
3.2 Global Oilfield and Drilling Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Oilfield and Drilling Services Revenue
3.4 Global Oilfield and Drilling Services Market Concentration Ratio
3.4.1 Global Oilfield and Drilling Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Oilfield and Drilling Services Revenue in 2023
3.5 Oilfield and Drilling Services Key Players Head office and Area Served
3.6 Key Players Oilfield and Drilling Services Product Solution and Service
3.7 Date of Enter into Oilfield and Drilling Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Oilfield and Drilling Services Breakdown Data by Type
4.1 Global Oilfield and Drilling Services Historic Market Size by Type (2019-2024)
4.2 Global Oilfield and Drilling Services Forecasted Market Size by Type (2025-2030)
5 Oilfield and Drilling Services Breakdown Data by Application
5.1 Global Oilfield and Drilling Services Historic Market Size by Application (2019-2024)
5.2 Global Oilfield and Drilling Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Oilfield and Drilling Services Market Size (2019-2030)
6.2 North America Oilfield and Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Oilfield and Drilling Services Market Size by Country (2019-2024)
6.4 North America Oilfield and Drilling Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Oilfield and Drilling Services Market Size (2019-2030)
7.2 Europe Oilfield and Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Oilfield and Drilling Services Market Size by Country (2019-2024)
7.4 Europe Oilfield and Drilling Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Oilfield and Drilling Services Market Size (2019-2030)
8.2 Asia-Pacific Oilfield and Drilling Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Oilfield and Drilling Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Oilfield and Drilling Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Oilfield and Drilling Services Market Size (2019-2030)
9.2 Latin America Oilfield and Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Oilfield and Drilling Services Market Size by Country (2019-2024)
9.4 Latin America Oilfield and Drilling Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Oilfield and Drilling Services Market Size (2019-2030)
10.2 Middle East & Africa Oilfield and Drilling Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Oilfield and Drilling Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Oilfield and Drilling Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Schlumberger Limited
11.1.1 Schlumberger Limited Company Detail
11.1.2 Schlumberger Limited Business Overview
11.1.3 Schlumberger Limited Oilfield and Drilling Services Introduction
11.1.4 Schlumberger Limited Revenue in Oilfield and Drilling Services Business (2019-2024)
11.1.5 Schlumberger Limited Recent Development
11.2 Halliburton Company
11.2.1 Halliburton Company Company Detail
11.2.2 Halliburton Company Business Overview
11.2.3 Halliburton Company Oilfield and Drilling Services Introduction
11.2.4 Halliburton Company Revenue in Oilfield and Drilling Services Business (2019-2024)
11.2.5 Halliburton Company Recent Development
11.3 GE(Baker Hughes)
11.3.1 GE(Baker Hughes) Company Detail
11.3.2 GE(Baker Hughes) Business Overview
11.3.3 GE(Baker Hughes) Oilfield and Drilling Services Introduction
11.3.4 GE(Baker Hughes) Revenue in Oilfield and Drilling Services Business (2019-2024)
11.3.5 GE(Baker Hughes) Recent Development
11.4 Weatherford International plc (WFT)
11.4.1 Weatherford International plc (WFT) Company Detail
11.4.2 Weatherford International plc (WFT) Business Overview
11.4.3 Weatherford International plc (WFT) Oilfield and Drilling Services Introduction
11.4.4 Weatherford International plc (WFT) Revenue in Oilfield and Drilling Services Business (2019-2024)
11.4.5 Weatherford International plc (WFT) Recent Development
11.5 Transocean Ltd
11.5.1 Transocean Ltd Company Detail
11.5.2 Transocean Ltd Business Overview
11.5.3 Transocean Ltd Oilfield and Drilling Services Introduction
11.5.4 Transocean Ltd Revenue in Oilfield and Drilling Services Business (2019-2024)
11.5.5 Transocean Ltd Recent Development
11.6 Seadrill
11.6.1 Seadrill Company Detail
11.6.2 Seadrill Business Overview
11.6.3 Seadrill Oilfield and Drilling Services Introduction
11.6.4 Seadrill Revenue in Oilfield and Drilling Services Business (2019-2024)
11.6.5 Seadrill Recent Development
11.7 Ensco plc
11.7.1 Ensco plc Company Detail
11.7.2 Ensco plc Business Overview
11.7.3 Ensco plc Oilfield and Drilling Services Introduction
11.7.4 Ensco plc Revenue in Oilfield and Drilling Services Business (2019-2024)
11.7.5 Ensco plc Recent Development
11.8 China Oilfield Services Limited
11.8.1 China Oilfield Services Limited Company Detail
11.8.2 China Oilfield Services Limited Business Overview
11.8.3 China Oilfield Services Limited Oilfield and Drilling Services Introduction
11.8.4 China Oilfield Services Limited Revenue in Oilfield and Drilling Services Business (2019-2024)
11.8.5 China Oilfield Services Limited Recent Development
11.9 Noble Corporation plc
11.9.1 Noble Corporation plc Company Detail
11.9.2 Noble Corporation plc Business Overview
11.9.3 Noble Corporation plc Oilfield and Drilling Services Introduction
11.9.4 Noble Corporation plc Revenue in Oilfield and Drilling Services Business (2019-2024)
11.9.5 Noble Corporation plc Recent Development
11.10 Helmerich & Payne
11.10.1 Helmerich & Payne Company Detail
11.10.2 Helmerich & Payne Business Overview
11.10.3 Helmerich & Payne Oilfield and Drilling Services Introduction
11.10.4 Helmerich & Payne Revenue in Oilfield and Drilling Services Business (2019-2024)
11.10.5 Helmerich & Payne Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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