Press release
Oil And Gas Wells Drilling Services Market 2022 Global Key Players, Baker Hughes Co, Schlumberger Ltd., Halliburton, China Oilfield Services Ltd
Oil And Gas Wells Drilling Services Market
The regions covered in the oil and gas wells drilling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest oil and gas wells drilling services market share.
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The oil and gas wells drilling services market consists of sales of oil and gas wells drilling services by entities (organizations, sole traders or partnerships) that undertake oil and gas wells drilling services for others on a contract or fee basis. The oil and gas wells drilling services industry includes contractors specializing in spudding in, drilling in, redrilling, and directional drilling. This market covers outsourced drilling services sold on a contract basis to oil and gas extraction companies and does not include any in-house drilling services of oil and gas extraction companies.
Key competitors in the oil and gas wells drilling services market include Baker Hughes Co, Schlumberger Ltd., Halliburton, China Oilfield Services Ltd., Transocean Ltd., Helmerich & Payne, Inc., Weatherford International plc, Nabors Industries Ltd., Valaris PLC, and Saipem.
The global oil and gas wells drilling services market size is expected to grow from $112.66 billion in 2021 to $121.03 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The oil and gas well drilling service market is expected to reach $154.62 billion in 2026 at a CAGR of 6.3%.
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TBRC's report segments the global oil and gas wells drilling services market:
1) By Type: Onshore Drilling Services, Offshore Drilling Services
2) By Service: Directional Drilling, Non-Directional Drilling
3) By Machine Parts: Rigs, Pipes, Bits, Reamers, Others
Read Further On The Oil And Gas Wells Drilling Services Market Here:
https://www.thebusinessresearchcompany.com/report/oil-and-gas-wells-drilling-service-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Oil And Gas Wells Drilling Services Market Characteristics
4. Oil And Gas Wells Drilling Services Market Product Analysis
5. Oil And Gas Wells Drilling Services Market Supply Chain
.....
22. Market Background: Oil & Gas Upstream Activities Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
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