Press release
Managed Pressure Drilling Market to 2027 - Aker Solutions, Baker Hughes, Blade Energy Partners, EDS Group, Enhanced Drilling, Ensign Energy Services, Halliburton, National Oilwell Varco, Schlumberger Limited, and Weatherford.
Managed Pressure Drilling Market
Managed pressure drilling (MPD) is an adaptive method, mainly used to control the annular pressure all over the wellbore. This process provides a closed-loop circulation system in which formation fracture pressure, bottomhole pressure, and pore pressure are managed and balanced at the surface. It provides an active approach to well control, thus, enhances primary well control, verifies downhole obstacles in real time, and automatically react to influxes.
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The implementation of MPD allows the proper navigation of challenging pore and fracture pressure in complex wells and improve the overall economic viability of well construction. Globally, the surge in the environment, health, and safety concerns in drilling is expected to boost the growth of managed pressure drilling market. Also, the increase in energy demand and development in new technologies in MPD are expected to deliver new opportunities for the industry players in the global managed pressure drilling market.
The key players influencing the managed pressure drilling market are Aker Solutions, Baker Hughes (General Electric), Blade Energy Partners, EDS Group, Enhanced Drilling, Ensign Energy Services, Halliburton, National Oilwell Varco, Schlumberger Limited, and Weatherford.
Managed Pressure Drilling Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Managed Pressure Drilling Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reason To Buy
Highlights key business priorities in order to assist companies to realign their business strategies
- Highlights Managed Pressure Drilling Market hereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Managed Pressure Drilling 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
- Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America
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