+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Oil & Gas Field Services in the US - Industry Market Research Report

  • ID: 239391
  • Report
  • November 2021
  • Region: United States
  • 44 Pages
  • IBISWorld
Digging Deep: a Rebounding Economy and Commodity Prices are Expected to Renew Industry Demand

FEATURED COMPANIES

  • Halliburton Company
  • Schlumberger Limited

Oil & Gas Field Services in the US

Operators in the Oil and Gas Field Services industry primarily provide services to oil and gas extractors, making demand highly dependent on oil and natural gas prices. Over the five years to 2019, divergent US and global energy prices resulted in volatile year-on-year revenue growth. However, starting in late 2014 and continuing through to 2016, the prices of crude oil and natural gas plummeted, severely hindering demand for industry services. Consequently, over the five years to 2019, industry revenue is expected to fall. Demand for oil and gas field services is projected to rise over the five years to 2024 as the global economy recovers. However, low US crude oil prices will likely continue to constrain industry growth.

Operators in this industry provide support services on a fee or contract basis to companies involved in oil and gas extraction, mining and quarrying. Industry operators may also provide services such as drilling, taking core samples and making geological observations at prospective work sites.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Halliburton Company
  • Schlumberger Limited

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Halliburton Company
  • Schlumberger Limited
Note: Product cover images may vary from those shown

Loading
LOADING...