Press release
Directional Drilling Market Technological innovations 2021 by Top Companies - Baker Hughes, Halliburton, Schlumberger, Weatherford
Directional Drilling
Analysts forecast the global directional drilling market to grow at a CAGR of 4.88% during the period 2017-2021.
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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.
Key vendors
-Baker Hughes
-Halliburton
-Schlumberger
-Weatherford
Other prominent vendors
-Cathedral Energy Services
-Directional Technologies
-Ensco
-Gyrodata
-Jindal Drilling and Industries
-LEAM Drilling Systems
-MOTIVE DRILLING TECHNOLOGIES
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Market driver
-Rise in the development of unconventional oil and gas resources
Market challenge
-Fluctuations in oil and gas prices
Market trend
-Technological innovations
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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