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 Manifolds

    ... projected to reach a revised size of US$5.2 Billion by 2027, growing at a CAGR of 4.7% over the period 2020-2027. Production, one of the segments analyzed in the report, is projected to record 4.1% ... Read More

  • Zonal Isolation

    ... projected to reach a revised size of US$28.1 Billion by 2027, growing at a CAGR of 5.3% over the period 2020-2027. Mechanical Zonal Isolation, one of the segments analyzed in the report, is projected to ... Read More

  • Offshore Mooring Systems

    ... year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 1.1% over the analysis period 2020-2027. Spread Mooring, one of the segments analyzed in the report, ... Read More

  • Pipeline Network

    ... projected to reach a revised size of US$15.1 Billion by 2027, growing at aCAGR of 6.2% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 5.9% CAGR ... Read More

  • Mooring Inspection

    ... projected to reach a revised size of US$474.7 Million by 2027, growing at aCAGR of 3.3% over the period 2020-2027. Below Water Inspection (BWI), one of the segments analyzed in the report, is projected to ... Read More

  • Flexible Pipes

    ... projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027. High-Density Polyethylene (HDPE), one of the segments analyzed in the report, is projected ... Read More

  • Well Drilling (UK) - Industry Report

    ... BRACE TURNER LTD, GEOSONIC DRILLING LTD and H.D. SERVICES LTD. This report covers activities such as drilling, exploration, geothermal, environmental, geotechnical and includes a wealth of information on the financial trends over the past four ... Read More

  • Downhole Drilling Tools

    ... year 2020, is projected to reach a revised size of US$10.1 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027. Roller Cone Drill Bit, one of the segments analyzed in ... Read More

  • Wireline Logging Services

    ... year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at aCAGR of 1.6% over the period 2020-2027. Cased Hole, one of the segments analyzed in the report, is projected ... Read More

  • Hydraulic Fracturing

    ... projected to reach a revised size of US$56.1 Billion by 2027, growing at aCAGR of 6.4% over the period 2020-2027. Plug & Perf, one of the segments analyzed in the report, is projected to record ... Read More

  • Downhole Tools

    ... a revised size of US$8.6 Billion by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027. Well Drilling, one of the segments analyzed in the report, is projected to record a 2.3% ... Read More

  • Drilling Tools

    ... a revised size of US$10.8 Billion by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027. Drilling Tubulars, one of the segments analyzed in the report, is projected to record a 6% ... Read More

  • Intelligent Completion

    ... projected to reach a revised size of US$2.7 Billion by 2027, growing at aCAGR of 4.7% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 5.5% CAGR ... Read More

  • Blowout Preventer (BOP)

    ... year 2020, is projected to reach a revised size of US$6.9 Billion by 2027, growing at aCAGR of 3.5% over the period 2020-2027. Annular BOP, one of the segments analyzed in the report, is projected ... Read More

  • Oil and Gas Pipeline Leak Detection

    ... Pipeline Leak Detection estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$5 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Acoustic, ... Read More

  • Drilling Waste Management

    ... projected to reach a revised size of US$7.3 Billion by 2027, growing at a CAGR of 4.4% over the analysis period 2020-2027. Treatment & Disposal, one of the segments analyzed in the report, is projected ... Read More

  • Well Cementing Services

    ... year 2020, is projected to reach a revised size of US$12 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027. Primary, one of the segments analyzed in the report, is ... Read More

  • Oil and Gas Drilling Automation

    ... estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2027, growing at a CAGR of 1.7% over the period 2020-2027. On-Shore, one of the segments ... Read More

  • Off-Shore Drilling

    ... projected to reach a revised size of US$156 Billion by 2027, growing at a CAGR of 6.1% over the analysis period 2020-2027. Drill Ships, one of the segments analyzed in the report, is projected to ... Read More

  • Pressure Control Equipment

    ... projected to reach a revised size of US$6.6 Billion by 2027, growing at a CAGR of 4% over the analysis period 2020-2027. Wellhead Flanges, one of the segments analyzed in the report, is projected to ... Read More

  • Well Intervention

    ... projected to reach a revised size of US$9.1 Billion by 2027, growing at a CAGR of 3.6% over the analysis period 2020-2027. Logging & Bottomhole Survey, one of the segments analyzed in the report, is ... Read More

  • Wireline Services

    ... projected to reach a revised size of US$9.8 Billion by 2027, growing at a CAGR of 1.7% over the analysis period 2020-2027. Well Intervention, one of the segments analyzed in the report, is projected to ... Read More

  • Subsea Pumps

    ... projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Helico-Axial, one of the segments analyzed in the report, is projected to record ... Read More

  • Robotic Drilling

    ... projected to reach a revised size of US$791.2 Million by 2027, growing at aCAGR of 4.4% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 5.2% CAGR ... Read More

  • Sand Control Systems

    ... year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027. Gravel Pack, one of the segments analyzed in the report, ... Read More

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