The Rise and Fall of Managed Pressure Drilling Services Market with Forecast to 2021 - PowerPoint PPT Presentation

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The Rise and Fall of Managed Pressure Drilling Services Market with Forecast to 2021

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The managed pressure drilling services market is expected to cross USD 4.60 Billion by 2021, and is projected to grow at a CAGR of 3.8% during the forecast period. – PowerPoint PPT presentation

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Title: The Rise and Fall of Managed Pressure Drilling Services Market with Forecast to 2021


1
  • The Rise and Fall of Managed Pressure Drilling
    Services Market with Forecast to 2021
  • The report "Managed Pressure Drilling Services
    Market by Technology (Constant Bottom Hole
    Pressure, Dual Gradient Drilling, Mud Cap
    Drilling, Return Flow Control Drilling, by
    Application (Onshore Offshore) and by Region -
    Global Trends and Forecasts to 2021", The
    managed pressure drilling services market is
    expected to cross USD 4.60 Billion by 2021, and
    is projected to grow at a CAGR of 3.8 during the
    forecast period.
  • The report covers major market players such as
    Schlumberger Limited. (U.S.), Halliburton (U.S.),
    Archer Well Services (U.K.), Weatherford
    International (Ireland), and Baker Hughes (U.S.)
    among others. These companies together occupy
    more than three-fourth of the managed pressure
    drilling services market.
  • Get Sample Copy for More Information_at_
    https//www.marketsandmarkets.com/requestsample.as
    p?id142692594
  • Scope of the Report
  • By Application
  • Onshore
  • Offshore
  • By Technology
  • Constant Bottom Hole Pressure (CBHP)
  • Mud Cap Drilling (MCD)
  • Dual Gradient Drilling (DGD)
  • Return Flow Control Drilling (RFCD)
  • By Region
  • North America
  • Europe
  • Asia-Pacific

2
Growing energy demand coupled with declining
production in onshore fields would drive the
demand for new drillings, particularly in the
offshore region. Apart from this, the success of
managed pressure drilling in fields that were
earlier considered uneconomical to drill would
increase the demand for managed pressure drilling
services. The global managed pressure drilling
services market has been analyzed based on type,
application, and region. The report covers
regions including North America, Asia-Pacific,
Europe, the Middle East, Latin America, and
Africa. Offshore segment is expected to lead the
market Managed pressure drilling is mainly used
in offshore drilling because of high-cost
associated with it. Meanwhile, increasing
exploration activities in deepwater and ultra
deepwater regions, mainly in Europe and Africa,
where recent oil gas discoveries have been in
offshore are contributing to the growth of the
managed pressure drilling services market. Buy
This Report _at_ https//www.marketsandmarkets.com/P
urchase/purchase_report1.asp?id142692594 North
America the largest market for managed pressure
drilling services North America is projected to
be the largest market for managed pressure
drilling services till 2021. Within North
America, the U.S. is the largest market,
accounting for the maximum share. Meanwhile,
Canada is also expected to show reasonable
growth, given its development of unconventional
sources, such as tar sands and tight oil.
Meanwhile, Africa is the fastest growing within
the managed pressure drilling services market,
due to the recent discoveries occurring offshore
in countries such as Angola, Tanzania, and
Mozambique, among others. In addition, offshore
developments in the Red Sea region by countries
such as Saudi Arabia, Qatar, and UAE is expected
to drive the growth of the Middle East managed
pressure drilling services market. The report
covers both applications (onshore offshore),
technologies (Constant Bottom Hole Pressure
(CBHP), Dual Gradient Drilling (DGD), Mud Cap
Drilling (MCD), and Return Flow Control Drilling
(RFCD), and regional trends. It defines and
segments the managed pressure drilling services
market with analysis and forecast of the global
EP revenue and applications. It also identifies
driving and restraining factors for the managed
pressure drilling services market, with an
analysis of trends, opportunities, burning
issues, and winning imperatives. About
MarketsandMarkets MarketsandMarkets provides
quantified B2B research on 30,000 high growth
niche opportunities/threats which will impact
70 to 80 of worldwide companies revenues.
Currently servicing 7500 customers worldwide
including 80 of global Fortune 1000 companies as
clients.
3
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche
markets. Contact Mr. Shelly Singh
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441 sale
s_at_marketsandmarkets.com
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