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Mud Logging Unit Market| One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2028

12-14-2021 09:52 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Since its commercial introduction in 1939, mud logging units have become a center for monitoring formation responses to drilling process. Historically, mud logging units were the most basic type of well log. The mud logger’s command, primarily, was to describe the lithology of formation and record depth. Eventually, the scope of mud logging has expanded as additional sensors, such as weight on bit, gas chromatographs and mud pit level indicators, have begun to bring more data into logging units.

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Advancements in networking systems and computing, surface sensors’ design and sample analysis have made these units quite popular in the 21st century. Though most commonly used in petroleum exploration, mud logging is also used when exploring minerals or drilling water wells where the drilling fluid is the circulating medium used to lift the hole.

Key Players
The key players ruling the global Mud Logging Unit market are Jindal Drilling & Industries Limited, Excellence Logging, Oil Field Instrumentation Ltd., Schlumberger Limited, SDP Services Ltd., DHI Services, Inc., Specialist Services Group, ATCO Group, Weatherford International, Naftagas Offline Services and Geolog.

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By Segmentation:
By the type of the standard equipment-
• Gas Excavator
• Vacuum System
• Total Gas detector
• Gas Calibration
• Optical Instrument
By Service-
• Pressure Detection
• Geochemical Analysis
• Petro Physical Analysis
• Measurement While Drilling (MWD)
• Communication
By Application-
• Offshore
• Onshore

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Regional Market Outlook
The global Mud Logging Unit market is segmented into the following regions – Middle East and Africa, China, India, North America, Latin America, Eastern Europe, Western Europe, Japan and South East Asia. India and China have been dominant in the Global Mud Logging Unit market mainly due to increasing demand from oil & gas industry.

In North America, the USA is a prominent market due to the high demand from the natural gas industry. Eastern and Western Europe are also expected to provide moderate opportunities due to increasing awareness about Mud Logging Units. Latin America is also expected to grow with significantly high CAGR due to rising demand from countries, such as Brazil and Mexico. Growth in the Middle East and African region is expected to be considerably less as compared to the other regions.

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