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Drilling Products & Services

Drilling Products & Services

Growth in the US drilling products & services market will average 3% per year between 2014 and 2019 to reach over $70 billion, despite significant down years in 2015 and 2016. Operational and cost efficiencies developed during the oil price crash will allow for a healthy rebound in upstream activity when oil prices recover in coming years, supporting overall gains in drilling product and service expenditures.

This report segments the drilling products and services industry by products and services and region. Data is provided in millions of dollars.

Drilling products and services include:
Equipment & consumables
Services
Drilling fluids

Drilling services (including contract drilling, logging and measuring, directional drilling, and other services) will remain the largest segment through the forecast period, accounting for over 55% of the market. However, the fastest demand growth will be for drilling fluids, which will see a shift toward higher value fluids that can efficiently drill the long horizontal wells which have come to dominate overall upstream oil and gas activity in the US.

The US market is segmented by region. Regional markets covered in the study include:
Southern US
Midwestern US
Eastern US
Western US

The Southern US, which includes the single largest state market of Texas, will continue to account for well over half of all drilling product and services spending. However, the Eastern US will see the fastest advances among these regions, benefiting particularly from upstream activity in the Marcellus Shale natural gas play.

The study also includes profiles of drilling product manufacturers and service providers. Important suppliers include:
Baker Hughes
Cameron International
Ensco
General Electric
Halliburton
Helmerich & Payne
Nabors
National Oilwell Varco
Patterson-UTI
Schlumberger
Tenaris
Transocean


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table DRILLING PRODUCTS & SERVICES DEMAND
  • MARKET ENVIRONMENT
    • General
    • Macroeconomic Environment
      • Table MACROECONOMIC INDICATORS
    • Crude Oil & Natural Gas Outlook
      • Table OIL & GAS PRODUCTION & CONSUMPTION
      • Oil & Gas Prices
        • Table CHART II-1 NATURAL GAS & CRUDE OIL PRICES, 2004-2014
      • Petroleum
        • Table PETROLEUM SUPPLY & DEMAND
        • Table CHART II-2 US PETROLEUM RESERVES, 2004-2014
        • Table CHART II-3 PETROLEUM PRODUCTION, 2004-2014
        • Table CHART II-4 CRUDE OIL PRODUCING STATES, 2014
        • Table CRUDE OIL DRILLING INDICATORS
        • Table CHART II-5 CRUDE OIL DRILLING INDICATORS, 2005-2014
        • Table CHART II-6 CRUDE OIL PRICES, 2004-2014
      • Natural Gas
        • Table NATURAL GAS SUPPLY & DEMAND
        • Table CHART II-7 NATURAL GAS RESERVES, 2004-2014
        • Table CHART II-8 NATURAL GAS PRODUCTION, 2004-2014
        • Table CHART II-9 NATURAL GAS PRODUCING STATES, 2014
        • Table NATURAL GAS DRILLING INDICATORS
        • Table CHART II-10 NATURAL GAS DRILLING INDICATORS, 2005-2014
        • Table CHART II-11 NATURAL GAS PRICES, 2004-2014
    • Drilling Outlook
      • Table ACTIVE DRILLING RIGS & WELLS DRILLED
    • Drilling Rigs
      • Table ACTIVE & AVAILABLE DRILLING RIGS
    • World Oil & Gas Outlook
      • Table WORLD OIL & GAS PRODUCTION BY REGION & RESOURCE
      • World Petroleum Outlook
        • Table WORLD CRUDE OIL PROVED RESERVES BY COUNTRY, 2014
      • World Natural Gas Outlook
        • Table WORLD NATURAL GAS PROVED RESERVES BY COUNTRY, 2014
    • Historical Market Trends
      • Table DRILLING PRODUCTS & SERVICES MARKET, 2004-2014
      • Table CHART II-12 DRILLING PRODUCTS & SERVICES MARKET, 2005-2014
    • Pricing for Selected Drilling Products & Services
      • Table PRICING FOR SELECTED DRILLING PRODUCTS & SERVICES
    • Environmental & Regulatory Considerations
    • Foreign Trade
      • Table DRILLING EQUIPMENT & CONSUMABLES FOREIGN TRADE
    • World Drilling Products & Services Outlook
  • TECHNOLOGY OVERVIEW
    • Drilling Technology
      • Directional Drilling
      • Horizontal Drilling
      • Pad Drilling
      • Other Drilling Technologies
    • Drilling Rig Technology
    • Drilling Fluids
    • Unconventional Oil & Gas
      • Tight Oil
      • Shale Gas
      • Coalbed Methane
  • PRODUCTS & SERVICES
    • Supply & Demand
      • Table DRILLING PRODUCTS & SERVICES DEMAND
    • Services
      • General
        • Table DRILLING SERVICES DEMAND
        • Table CHART IV-1 DRILLING SERVICES DEMAND BY TYPE, 2014
      • Contract Drilling
        • Table CONTRACT DRILLING DEMAND BY LOCATION & REGION
      • Logging & Measuring Services
        • Table LOGGING & MEASURING SERVICES DEMAND BY TYPE & REGION
      • Directional Drilling Services
        • Table DIRECTIONAL DRILLING SERVICES DEMAND BY REGION
      • Other Drilling Services
        • Table OTHER SERVICES DEMAND BY REGION
      • Market Share
        • Table CHART IV-2 DRILLING SERVICES MARKET SHARE, 2014
    • Equipment & Consumables
      • General
        • Table DRILLING EQUIPMENT & CONSUMABLES DEMAND
        • Table CHART IV-3 DRILLING EQUIPMENT & CONSUMABLES DEMAND BY TYPE, 2014
      • Tubular Goods
        • Table TUBULAR GOODS DEMAND BY PRODUCT & REGION
      • Rig Equipment
        • Table RIG EQUIPMENT DEMAND BY REGION
    • Pressure Control Equipment
      • Table PRESSURE CONTROL EQUIPMENT DEMAND BY PRODUCT & REGION
      • Drill Bits
        • Table DRILL BIT DEMAND BY PRODUCT & REGION
      • Downhole Tools
        • Table DOWNHOLE TOOL DEMAND BY PRODUCT & REGION
      • Other Equipment & Consumables
        • Table OTHER EQUIPMENT & CONSUMABLES DEMAND BY REGION
      • Market Share
        • Table CHART IV-4 DRILLING EQUIPMENT & CONSUMABLES MARKET SHARE, 2014
    • Drilling Fluids
      • General
        • Table DRILLING FLUIDS DEMAND
      • Product Characteristics
        • Table SELECTED DRILLING FLUID ADDITIVES
      • Demand by Type
        • Table DRILLING FLUIDS DEMAND BY TYPE
      • Demand by Location
        • Table DRILLING FLUIDS DEMAND BY LOCATION
      • Demand by Region
        • Table DRILLING FLUIDS DEMAND BY REGION
      • Market Share
        • Table CHART IV-5 DRILLING FLUID MARKET SHARE, 2014
  • REGIONAL MARKETS
    • General
      • Table US OIL & GAS PRODUCING REGIONS
    • Drilling Activity by Region
      • Table DRILLING ACTIVITY BY RESOURCE, REGION, &LOCATION
    • Drilling Products & Services Demand by Location
      • Table DRILLING PRODUCTS & SERVICES DEMAND BY LOCATION
      • Onshore
      • Offshore
      • Deepwater
    • Drilling Products & Services Regional Overview
      • Table DRILLING PRODUCTS & SERVICES DEMAND BY REGION
      • Southern Region
        • Table SOUTHERN REGION DRILLING INDICATORS
        • Table SOUTHERN REGION DRILLING PRODUCTS & SERVICES DEMAND
      • Midwestern Region
        • Table MIDWESTERN REGION DRILLING INDICATORS
        • Table MIDWESTERN REGION DRILLING PRODUCTS & SERVICES DEMAND
      • Western Region
        • Table WESTERN REGION DRILLING INDICATORS
        • Table WESTERN REGION DRILLING PRODUCTS & SERVICES DEMAND
      • Eastern Region
        • Table EASTERN REGION DRILLING INDICATORS
        • Table EASTERN REGION DRILLING PRODUCTS & SERVICES DEMAND
  • INDUSTRY STRUCTURE
    • General
      • Table US DRILLING PRODUCTS & SERVICES SALES BY COMPANY, 2014
    • Market Share
      • Table CHART VI-1 US DRILLING PRODUCTS & SERVICES MARKET SHARE, 2014
    • Industry Restructuring
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Research & Development
      • Table RESEARCH & DEVELOPMENT EXPENDITURES FOR SELECTED DRILLING PRODUCT & SERVICE FIRMS
    • Marketing & Distribution
    • Competitive Strategies
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • Aker Solutions ASA
      • Atlas Copco AB
      • AXON Energy Products Incorporated
      • Baker Hughes Incorporated
      • Cameron International Corporation
      • Ensco plc
      • Frank's International NV
      • General Electric Company
      • GEO Drilling Fluids Incorporated
      • Halliburton Company
      • Helmerich & Payne Incorporated
      • Lafarge SA
      • Loews Corporation
      • Nabors Industries Limited
      • National Oilwell Varco Incorporated
      • Newpark Resources Incorporated
      • OAO TMK
      • Parker Drilling Company
      • Patterson-UTI Energy Incorporated
      • Precision Drilling Corporation
      • Rowan Companies plc
      • Sandvik AB
      • Schlumberger Limited
      • Schoeller-Bleckmann Oilfield Equipment AG
      • Seadrill Limited
      • Southwest Oilfield Products Incorporated
      • Superior Energy Services Incorporated
      • Technip SA
      • Tenaris SA
      • Transocean Limited
      • United States Steel Corporation
      • Vallourec SA
      • Weatherford International plc

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