Exploration & Drilling Market Research Reports

Exploration and drilling are upstream activities in the oil & gas industry used to locate, characterize, access and produce from geological hydrocarbon deposits of petroleum (oil) and natural gas. The upstream sector of the oil & gas industry is also referred to through the synonymous industry term of exploration & production (E&P) or the activities of searching for, recovering, and producing crude oil and natural gas. In the oil & gas industry chain, E&P companies utilize traditional strategies in exploration geophysics including gravity, magnetic, passive seismic, and seismic reflection surveys of subsurface geologies. Discovered features of subsurface geology suggestive of a hydrocarbon deposit constitute a “lead” that leads to more seismic profiling to identify a “prospect” reservoir. Exploration wells are then drilled to determine the features and extent of the prospect hydrocarbon reservoir. The staged process of upstream exploration activities is indicative of the high costs at each step, with investment in a particular area or field proceeding only when suitable leads and prospects are discovered.

Production drilling follows exploration surveying and drilling when a suitable prospect for oil and gas recovery is conclusively identified. A drill string and drill bit is used to drill an oil or gas well and is controlled from the surface drill rig. The drilled well is then completed in order to optimize the flow of oil or gas into the well casing so that primary production can commence. Future phases of secondary and tertiary or enhanced hydrocarbon recovery (EOR) can be facilitated through the drilling of injection wells.

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Exploration & Drilling Industry Research & Market Reports

  • Oil and Gas Extraction in Australia - Industry Market Research Report

    ... annual production volumes, and domestic and export demand for oil and gas all influence performance. Output has expanded over the past decade, while world oil and natural gas prices have displayed significant volatility. Industry firms ... Read More

  • Crude Petroleum & Natural Gas Extraction in the UK - Industry Market Research Report

    ... old oil fields have matured and it has become increasingly challenging to develop new commercially viable sources. Extractors have pooled their resources and formed partnerships, enhancing efficiency. Some extractors have benefited from previous investments in ... Read More

  • Robotic Drilling Market in Asia

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Italy

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Europe

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Germany

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in United Kingdom

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in the World

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Korea (Republic of)

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in China

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in France

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Northern America

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Canada

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Japan

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in India

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in Spain

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Robotic Drilling Market in United States

    ... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More

  • Oil and Gas Drilling Equipment Manufacturing in the US - Industry Market Research Report

    ... to oil and gas extractors. Major global events, such as the pandemic and the Ukraine war, have negatively impacted machinery manufacturers by creating significant volatility in commodity prices. Major production and travel slowdowns harmed demand ... Read More

  • Geologic Prospecting & Seismic Instrument Manufacturing in China - Industry Market Research Report

    ... to grow at an annualized rate of 3.8% over the five years through 2022. In 2022, revenue is expected to grow by 3.8% to $3.9 billion, mainly driven by increased exports and rising demand from ... Read More

  • Oil & Gas Well Drilling

    ... Helmerich & Payne, Nabors, and Patterson-UTI (all based in the US), as well as Precision Drilling (Canada), Transocean (Switzerland), and Valaris (UK). COMPETITIVE LANDSCAPE Demand is driven by oil and gas prices. The profitability of ... Read More

  • Oil & Gas Exploration & Production

    ... in the US), as well as BP and Shell (both based in the UK), LUKOIL and TATNEFT (both based in Russia), National Iranian Oil Company (Iran), PETROBRAS (Brazil), and Saudi Aramco (Saudi Arabia). COMPETITIVE LANDSCAPE ... Read More

  • Offshore Drilling Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

    ... USD 100.62 billion by 2029, at a CAGR of 4.15% during the forecast period (2024-2029). Key Highlights Over the medium term, increasing offshore oil and gas exploration activities and growing demand for natural gas and ... Read More

  • Drilling Rig Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

    ... billion by 2029, at a CAGR of 1.28% during the forecast period (2024-2029). Key Highlights In the medium term, rising drilling activities, coupled with an increasing demand for natural gas and the expansion of gas ... Read More

  • Revenue Forecasts to (2031) and Analytics for the Mining Equipment and Oil and Natural Gas Field Drilling & Production Equipment Manufacturing (U.S.): Financial Benchmarks, Metrics, P&L, KPIs, NAIC 333130

    ... historic numbers, growth rates and forecasts that will save countless hours of research. Key Findings: Mining Equipment and Oil and Natural Gas Field Drilling & Production Equipment Manufacturing Industry (U.S.) to reach $28,518,086,353 by 2031. ... Read More

  • Oil Drilling & Gas Extraction in the US - Industry Market Research Report

    ... selling fossil fuels. Producers have experienced a high degree of volatility in recent years. Steady growth was ripped away when COVID-19 halted the economy, as restrictions limited the need for oil and gas. The conflict ... Read More

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