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Asia Pacific Drilling Service Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Asia Pacific
  • Allied Market Research
  • ID: 3773077
Drilling is a process of creating a hole to extract natural resources. Drilling services include design, planning, operations, and performance optimization of well. It helps to improve well intervention efficiency in complicated environment conditions. Drilling services provide information regarding well, such as well status, drilling performance, lithology, and reservoir fluid composition. The management and disposal of waste is carried out using drilling services.

Increasing investments and rising demand for energy has contributed to the growth of the Asia-Pacific drilling services market. However, fluctuating crude oil prices and environment concerns are factors hindering the growth of the market. Focus on deep-water drilling and technological developments in drilling technologies present tremendous opportunities for growth in the market.The Asia-Pacific drilling services market is segmented based on service type, application, and countries. The service types included in the report are contract drilling, directional drilling, and LWD & drilling waste management. The applications covered in the report include onshore and offshore. The countries, such as China, Malaysia, India, Australia, Indonesia, and Thailand would experience tremendous growth.

The prominent companies operating in the market include Weatherford International PLC, Schlumberger, Superior Energy Services Inc., Baker Hughes Inc., Halliburton, and Transocean Ltd. They have adopted various strategies, such as expansions, partnerships, agreements, collaborations, joint ventures and mergers, and others to strengthen their position in the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers an extensive analysis of key driving and restraining factors of the Asia-Pacific drilling services market.
The report provides an extensive analysis of current and future market status of the Asia-Pacific drilling services market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
A comprehensive analysis of current research and clinical developments within the Asia-Pacific drilling services market is provided with key market dynamic factors that helps in understanding the behaviour of the market.
Competitive intelligence (of leading manufacturers and distributors of plasma fractionation) helps in understanding the competitive scenario across geographies.
Geographically, the Asia-Pacific drilling services market is segmented into China, Malaysia, India, Australia, Indonesia, and Thailand.

AISA-PACIFIC DRILLING SERVICES MARKETKEYSEGMENTS:

The Asia-Pacific drilling services Market By Service Type

Contract Drilling
Directional Drilling
LWD & Drilling Waste Management

The Asia-Pacific drilling services Market By Application

Onshore
Offshore

The Asia-Pacific drilling services Market By Country

China
Malaysia
India
Australia
Indonesia
Thailand

KEY MARKET PLAYERS:

Weatherford International PLC
Superior Energy Services Inc.
Schlumberger
Baker Hughes Inc.
Halliburton
Transocean Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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