Oilfield Service Market Forecast to 2028

Report Code : TIPMC100001361 | Region : Global | Industry : Energy and Power | Published Date : 28/Mar/2022
Oilfield Service Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Onshore and Offshore) and Service Type (Well Completion, Wire Line, Artificial Lift, Perforation, Drilling and Completion Fluids, and Others)

The oilfield service market was valued at US$ 96,465.86 million in 2021 and is projected to reach US$ 145,963.08 million by 2028; it is expected to grow at a CAGR of 6.1% from 2021 to 2028.

A significant increase in oil demand is predicted to be supported by the global economy. Strong economies are likely to use more oil. The demand is expected to grow at a rate of 1.2 million barrels per day per year between 2020 and 2024. By 2023, India and China are estimated to account for over half of all global oil demand. As a result, leading oil and gas operating corporations are under increasing pressure to expand production to meet rising energy demand. As conventional fields have begun to show signs of maturity, some operating companies have turned their focus to exploitation of unconventional deposits. Therefore, alternative drilling services, such as onshore contract drilling, are likely to have a positive impact on the oilfield service market during the forecast period.

Furthermore, the surging global energy consumption, growing technological advancements in the oilfield, increasing productivity from mature deposits, and rising investments in deep-water exploration projects would drive the global oilfield service market in the coming years. Over the projected period, an increase in deep-water exploration and production activities in the Gulf is predicted to drive the demand for drilling.

The oil & gas sector is experiencing technical improvements in exploration technologies for deep-water drilling activities and project economic viability. Current technological advancements enable oil firms to boost recovery and speed output. Offshore wells can have varying degrees of automation, ranging from essential one-way monitoring to complicated subsurface controls with intelligent completions. Petrobras has established a corporate program to investigate, develop, and apply digital integrated field management (GeDIg) among its production assets, anticipating near-term potential. Petrobras chose the Carapeba field as a test site. It is a mature field consisting of three wells located in the northeastern portion of the Campos Basin, with automated subsurface sensors installed in the wells. Oil and gas companies aim to install deep-water analytical technologies while selecting effective information solutions. Operators are required to modernize their existing offshore infrastructure to exploit data through the analytical technique. For instance, Rockwell Automation cooperated with Schlumberger to develop a production advising system. The digital solution, which combines linked production technology with Schlumberger's oil and gas software, services, and domain experience, helps maximize production by linking upstream operators with essential, real-time analytics and domain insights to decrease deployment risks and costs. In December 2020, Saudi Arabia's Energy Ministry announced the discovery of four new oil and gas fields. Thus, the increasing number of offshore/deep water discoveries would create lucrative opportunities for the oilfield service market in the coming years.

The growth of the APAC oilfield service market is attributed to the increasing adoption of technologically advanced equipment for drilling operations, coupled with continuously growing oil production. China is the largest oil producer in APAC, accounting for 5 million barrels of oil per day. It contributes to a slightly more than 50% of the total production of Asia. In 2019, the country announced its plan of raising the capital investment by 20% in oil production. Further, North America and Europe are among the largest contributors to the global oilfield service market growth due to the presence of several oilfield services manufacturers in the regions. Archer; Blade Energy Partners, Ltd.; Ensign Energy Services Inc.; Halliburton Energy Services, Inc.; Nabors Industries Ltd.; Schlumberger Limited; STRATA Energy Services; and Weatherford International plc are among the top market players in North America and Europe.

Due to lockdown, key oilfield service market participants in the US have cut their workforce. Over 27% of onshore drilling rigs are still idle, and over 23% of frac crews have been idled in recent years. In addition, the oil & gas industry across the world has been hindered by the adverse effects of COVID-19 pandemic on the financial and commodity markets. As a result of government limitations on mobility in some industrialized countries, demand for oil and gas has plummeted, causing disruptions in the production and supply chain activities in the oil & gas industries. The capital market has been aggravated by the oil market crisis, prompting matured oil corporations to cancel or postpone $41 billion in scheduled capital expenditures. Furthermore, the unanticipated oil price war between Russia and Saudi Arabia has slowed the expansion of the oilfield services market. Due to the COVID-19 outbreak, the war has reduced production volume, while numerous adaptable business tactics have been implemented to improve oilfield service market potential.

The overall global oilfield service market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the oilfield service market. The process also serves the purpose of obtaining an overview and forecast for the oilfield service market with respect to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, oilfield service market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the oilfield service market.

The List of Companies - Oilfield service Market

1. Baker Hughes Company

2. Halliburton Energy Services, Inc

3. Schlumberger Limited

4. NOV Inc.

5. Weatherford

6. PetroDyn

7. Archer

8. Patterson-UTI Energy, Inc.

9. Wireline Services Group

10. Hunting

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Oilfield Service Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia-Pacific

4.2.4 Middle East and Africa

4.2.5 South America

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Oilfield Service Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Oil and Gas Production and Exploration (E&P) Activities

5.1.2 Rising Shale Gas Extraction

5.2 MARKET RESTRAINTS

5.2.1 Volatility in Crude Oil Prices

5.3 MARKET OPPORTUNITIES

5.3.1 Increasing Demand of Offshore/Deep-Water Discoveries

5.4 FUTURE TRENDS

5.4.1 Technological Innovation in Oilfield Service

5.5 Impact Analysis of Drivers And Restraints

6. Oilfield Service – Global Market Analysis

6.1 Global Oilfield Service - Global Overview

6.2 Global Oilfield Service Market Revenue Forecast and Analysis

6.3 Market Positioning – Five Key Players

7. Oilfield service Market – By Application

7.1 Overview

7.2 Oilfield service Market, By Application (2020 and 2028)

7.3 Onshore

7.3.1 Overview

7.3.2 Onshore: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Offshore

7.4.1 Overview

7.4.2 Offshore: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

8. Oilfield service Market – By Service type

8.1 Overview

8.2 Oilfield service Market, By Service type (2020 and 2028)

8.3 Well Completion

8.3.1 Overview

8.3.2 Well completion: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Wire line

8.4.1 Overview

8.4.2 Wire line: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Artificial lift

8.5.1 Overview

8.5.2 Artificial lift: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Perforation

8.6.1 Overview

8.6.2 Perforation: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Drilling and Completion Fluids

8.7.1 Overview

8.7.2 Drilling and Completion Fluids: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

8.8 Others

8.8.1 Overview

8.8.2 Others: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9. Oilfield service Market – Geographic Analysis

9.1 Overview

9.2 North America: Oilfield Service Market

9.2.1 North America: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.2.2 North America: Oilfield Service Market, By Application

9.2.3 North America: Oilfield Service Market, by Service type

9.2.4 North America: Oilfield Service Market, by Key Country

9.2.4.1 US: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1 US: Oilfield Service Market, By Application

9.2.4.1.2 US: Oilfield Service Market, by Service type

9.2.4.2 Canada: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1 Canada: Oilfield Service Market, By Application

9.2.4.2.2 Canada: Oilfield Service Market, by Service type

9.2.4.3 Mexico: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1 Mexico: Oilfield Service Market, By Application

9.2.4.3.2 Mexico: Oilfield Service Market, by Service type

9.3 Europe: Oilfield Service Market

9.3.1 Europe: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Oilfield Service Market, By Application

9.3.3 Europe: Oilfield Service Market, by Service type

9.3.4 Europe: Oilfield Service Market, by Key Country

9.3.4.1 Germany: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 Germany: Oilfield Service Market, By Application

9.3.4.1.2 Germany: Oilfield Service Market, by Service type

9.3.4.2 UK: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 UK: Oilfield Service Market, By Application

9.3.4.2.2 UK: Oilfield Service Market, by Service type

9.3.4.3 France: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 France: Oilfield Service Market, By Application

9.3.4.3.2 France: Oilfield Service Market, by Service type

9.3.4.4 Italy: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 Italy: Oilfield Service Market, By Application

9.3.4.4.2 Italy: Oilfield Service Market, by Service type

9.3.4.5 Russia: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: Oilfield Service Market, By Application

9.3.4.5.2 Russia: Oilfield Service Market, by Service type

9.3.4.6 Rest of Europe: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: Oilfield Service Market, By Application

9.3.4.6.2 Rest of Europe: Oilfield Service Market, by Service type

9.4 APAC: Oilfield Service Market

9.4.1 APAC: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4.2 APAC: Oilfield Service Market, By Application

9.4.3 APAC: Oilfield Service Market, by Service type

9.4.4 APAC: Oilfield Service Market, by Key Country

9.4.4.1 China: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1 China: Oilfield Service Market, By Application

9.4.4.1.2 China: Oilfield Service Market, by Service type

9.4.4.2 Japan: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1 Japan: Oilfield Service Market, By Application

9.4.4.2.2 Japan: Oilfield Service Market, by Service type

9.4.4.3 India: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1 India: Oilfield Service Market, By Application

9.4.4.3.2 India: Oilfield Service Market, by Service type

9.4.4.4 South Korea: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1 South Korea: Oilfield Service Market, By Application

9.4.4.4.2 South Korea: Oilfield Service Market, by Service type

9.4.4.5 Australia: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1 Australia: Oilfield Service Market, By Application

9.4.4.5.2 Australia: Oilfield Service Market, by Service type

9.4.4.6 Rest of APAC: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1 Rest of APAC: Oilfield Service Market, By Application

9.4.4.6.2 Rest of APAC: Oilfield Service Market, by Service type

9.5 MEA: Oilfield Service Market

9.5.1 MEA: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.5.2 MEA: Oilfield Service Market, By Application

9.5.3 MEA: Oilfield Service Market, by Service type

9.5.4 MEA: Oilfield Service Market, by Key Country

9.5.4.1 South Africa: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 South Africa: Oilfield Service Market, By Application

9.5.4.1.2 South Africa: Oilfield Service Market, by Service type

9.5.4.2 UAE: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 UAE: Oilfield Service Market, By Application

9.5.4.2.2 UAE: Oilfield Service Market, by Service type

9.5.4.3 Saudi Arabia: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 Saudi Arabia: Oilfield Service Market, By Application

9.5.4.3.2 Saudi Arabia: Oilfield Service Market, by Service type

9.5.4.4 Rest of MEA: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1 Rest of MEA: Oilfield Service Market, By Application

9.5.4.4.2 Rest of MEA: Oilfield Service Market, by Service type

9.6 SAM: Oilfield Service Market

9.6.1 SAM: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.6.2 SAM: Oilfield Service Market, By Application

9.6.3 SAM: Oilfield Service Market, by Service type

9.6.4 SAM: Oilfield Service Market, by Key Country

9.6.4.1 Brazil: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 Brazil: Oilfield Service Market, By Application

9.6.4.1.2 Brazil: Oilfield Service Market, by Service type

9.6.4.2 Argentina: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 Argentina: Oilfield Service Market, By Application

9.6.4.2.2 Argentina: Oilfield Service Market, by Service type

9.6.4.3 Rest of SAM: Oilfield Service Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of SAM: Oilfield Service Market, By Application

9.6.4.3.2 Rest of SAM: Oilfield Service Market, by Service type

10. Oilfield service Market - Covid-19 Impact Analysis

10.1 Overview

10.1.1 North America: Impact Assessment of COVID-19 Pandemic

10.1.2 Europe: Impact Assessment of COVID-19 Pandemic

10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.1.5 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Merger and Acquisition

11.4 New Development

12. Company Profiles

12.1 Archer

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Baker Hughes Company

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Halliburton Energy Services, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Hunting PLC

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 NOV Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Schlumberger Limited

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Weatherford International plc

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Pioneer Energy Services Corp.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Petrodyn

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Wireline Services Group

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. Global Oilfield Service Market Revenue and Forecast to 2028 (US$ Million)

Table 2. North America: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Oilfield Service Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. Mexico: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 11. Europe: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 12. Europe: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Europe: Oilfield Service Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 14. Germany: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 15. Germany: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 16. UK: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 17. UK: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 18. France: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 19. France: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 20. Italy: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 21. Italy: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 22. Russia: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 23. Russia: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of Europe: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of Europe: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 26. APAC: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 27. APAC: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 28. APAC: Oilfield Service Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 29. China: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 30. China: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 31. Japan: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 32. Japan: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 33. India: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 34. India: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 35. South Korea: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 36. South Korea: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 37. Australia: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 38. Australia: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 39. Rest of APAC: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 40. Rest of APAC: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 41. MEA: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 42. MEA: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 43. MEA: Oilfield Service Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 44. South Africa: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 45. South Africa: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 46. UAE: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 47. UAE: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 48. Saudi Arabia: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 49. Saudi Arabia: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 50. Rest of MEA: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 51. Rest of MEA: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 52. SAM: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 53. SAM: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 54. SAM: Oilfield Service Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 55. Brazil: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 56. Brazil: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 57. Argentina: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 58. Argentina: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 59. Rest of SAM: Oilfield Service Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 60. Rest of SAM: Oilfield Service Market, by Service type – Revenue and Forecast to 2028 (US$ Million)

Table 61. List of Abbreviation

The List of Companies - Oilfield service Market

1. Baker Hughes Company

2. Halliburton Energy Services, Inc

3. Schlumberger Limited

4. NOV Inc.

5. Weatherford

6. PetroDyn

7. Archer

8. Patterson-UTI Energy, Inc.

9. Wireline Services Group

10. Hunting

Reason To Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the oilfield service market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the oilfield service market thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth Global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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