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

  • Subsea Pumps

    ... CAGR of 5.3% over the analysis period 2024-2030. Helico-Axial, one of the segments analyzed in the report, is expected to record a 4.9% CAGR and reach US$968.6 Million by the end of the analysis period. ... Read More

  • Off-Shore Drilling

    ... CAGR of 6.1% over the analysis period 2024-2030. Drill Ships, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$98.6 Billion by the end of the analysis ... Read More

  • Well Cementing Services

    ... at a CAGR of 4.7% over the analysis period 2024-2030. Primary, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$12.8 Billion by the end of the ... Read More

  • Subsea Manifolds

    ... CAGR of 5.0% over the analysis period 2024-2030. Production, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$3.8 Billion by the end of the analysis period. ... Read More

  • Reservoir Analysis

    ... CAGR of 3.4% over the analysis period 2024-2030. Data Acquisition & Monitoring, one of the segments analyzed in the report, is expected to record a 3.8% CAGR and reach US$5.1 Billion by the end of ... Read More

  • Drill Pipes

    ... CAGR of 4.6% over the analysis period 2024-2030. API Grade Drill Pipes, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$1.3 Billion by the end of ... Read More

  • Drilling Tools

    ... CAGR of 3.0% over the analysis period 2024-2030. Drilling Tubulars, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$2.8 Billion by the end of the analysis ... Read More

  • Drilling Waste Management

    ... at a CAGR of 4.2% over the analysis period 2024-2030. Treatment & Disposal Service, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$3.4 Billion by the ... Read More

  • Downhole Tools

    ... CAGR of 1.8% over the analysis period 2024-2030. Well Drilling Tools, one of the segments analyzed in the report, is expected to record a 1.9% CAGR and reach US$3.2 Billion by the end of the ... Read More

  • Managed Pressure Drilling Services

    ... 2030, growing at a CAGR of 3.9% over the analysis period 2024-2030. Constant Bottom Hole Pressure, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach US$3.6 Billion ... Read More

  • Hydraulic Fracturing

    ... CAGR of 6.4% over the analysis period 2024-2030. Plug & Perf Technology, one of the segments analyzed in the report, is expected to record a 7.0% CAGR and reach US$52.6 Billion by the end of ... Read More

  • Flexible Pipes

    ... CAGR of 4.8% over the analysis period 2024-2030. High-Density Polyethylene (HDPE) Material, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$639.2 Million by the end of ... Read More

  • Frac Sand

    ... CAGR of 13.4% over the analysis period 2024-2030. The U.S. Market is Estimated at US$3.8 Billion While China is Forecast to Grow at 12.5% CAGR The Frac Sand market in the U.S. is estimated at ... Read More

  • Blowout Preventer (BOP)

    ... at a CAGR of 2.5% over the analysis period 2024-2030. Annular BOP, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$3.8 Billion by the end of ... Read More

  • Wireline Services

    ... CAGR of 2.0% over the analysis period 2024-2030. Well Intervention, one of the segments analyzed in the report, is expected to record a 2.4% CAGR and reach US$4.8 Billion by the end of the analysis ... Read More

  • Fracking Fluid and Chemicals

    ... 2030, growing at a CAGR of 8.6% over the analysis period 2024-2030. Water-Based Fluids, one of the segments analyzed in the report, is expected to record a 7.5% CAGR and reach US$52.0 Billion by the ... Read More

  • Directional Drilling Services

    ... at a CAGR of 7.1% over the analysis period 2024-2030. Rotary Steerable System (RSS), one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach US$9.1 Billion by the ... Read More

  • Off-Shore Decommissioning

    ... CAGR of 6.0% over the analysis period 2024-2030. Well Plugging & Abandonment, one of the segments analyzed in the report, is expected to record a 6.7% CAGR and reach US$5.5 Billion by the end of ... Read More

  • Pipeline Monitoring Systems

    ... at a CAGR of 5.0% over the analysis period 2024-2030. Ultrasonic, one of the segments analyzed in the report, is expected to record a 7.2% CAGR and reach US$7.6 Billion by the end of the ... Read More

  • Robotic Drilling

    ... CAGR of 4.3% over the analysis period 2024-2030. Hardware, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$590.4 Million by the end of the analysis period. ... Read More

  • Well Completion Equipment

    ... at a CAGR of 4.5% over the analysis period 2024-2030. Packers, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$5.2 Billion by the end of the ... Read More

  • Wireline Logging Services

    ... at a CAGR of 1.8% over the analysis period 2024-2030. Cased Hole, one of the segments analyzed in the report, is expected to record a 1.6% CAGR and reach US$2.9 Billion by the end of ... Read More

  • Well Testing Services

    ... at a CAGR of 5.1% over the analysis period 2024-2030. Horizontal Well, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$9.5 Billion by the end of ... Read More

  • Well Intervention

    ... CAGR of 3.9% over the analysis period 2024-2030. Logging & Bottomhole Survey, one of the segments analyzed in the report, is expected to record a 3.6% CAGR and reach US$3.5 Billion by the end of ... Read More

  • Virtual Pipeline Systems

    ... at a CAGR of 4.8% over the analysis period 2024-2030. Industrial, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$1.2 Billion by the end of the ... Read More

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