Global Drilling Data Management Systems Market 2016-2020

  • ID: 3832400
  • Report
  • Region: Global
  • 94 pages
  • TechNavio
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FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Halliburton
  • IBM
  • National Oilwell Varco
  • Pason Systems
  • MORE
About Drilling Process

The drilling process is one of the most crucial links in not only the upstream segment but the entire oil and gas value chain. Once the presence of a perceived commercial hydrocarbon reservoir is established by the surveying and analysis of the geophysical data, the actual drilling process takes place.

As with the process of introduction of any new technology, the implementation of new generation smarter drilling data management systems is contingent upon key factors. These are the factors that are heavily scrutinized by the stakeholders before they actually invest in the purchase and implementation of these systems.

The analysts forecast the global drilling data management systems to grow at a CAGR of 12.31% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global drilling data management systems for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top vendors operating in the market.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Drilling Data Management Systems 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Baker Hughes
- Halliburton
- Honeywell
- IBM
- National Oilwell Varco
- Oracle
- Pason Systems
- Schlumberger

Other prominent vendors
- EMC
- SAP
- SAS
- Accenture
- Capgemini
- WIPRO
- Tata Consultancy Services
- Infosys

Market drivers
- Strong focus on asset optimization

Market challenges
- Cyber security concerns

Market trends
- Smart oilfield technologies

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Halliburton
  • IBM
  • National Oilwell Varco
  • Pason Systems
  • MORE
PART 01: Executive summary

PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Technological overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by Product Types
  • Global drilling data management systems market by technology and services
PART 07: Geographical segmentation
  • Global drilling data management systems market 2016-2020 segmentation by geography
  • APAC
  • Americas
  • EMEA
PART 08: Key leading countries
  • Brazil
  • Canada
  • United States
  • China
PART 09: Market drivers
  • Strong focus on asset optimization
  • Improvement in well control
  • End of era of easy oil
  • Horizontal and multilateral well analysis
  • Creation of enhanced drilling simulation models
PART 10: Impact of drivers

PART 11: Market challenges
  • Cyber security concerns
  • Investment justification in era of low oil prices
  • Lack of awareness regarding importance of data
  • Integration with existing application systems
  • Barriers to entry of new technology
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Smart oilfield technologies
  • Rise of big data analytics
  • Increased demand for advanced analytics
  • Emergence of cloud computing technology
  • Increased use of mobile applications
PART 14: Vendor landscape
  • Other prominent vendors
PART 15: Key vendor analysis
  • Baker Hughes
  • Halliburton
  • Honeywell
  • IBM
  • National Oilwell Varco
  • Oracle
  • Pason Systems
  • Schlumberger
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Global drilling data management systems market
Exhibit 03: Different stages in the typical petroleum value chain
Exhibit 04: Petroleum upstream activities stages
Exhibit 05: Hierarchy in drilling data management systems
Exhibit 06: Parameters affecting investment decision
Exhibit 07: Global drilling data management systems 2016-2020 ($ billions)
Exhibit 08: Five forces analysis
Exhibit 09: Global drilling data management systems market by technology and services 2015
Exhibit 10: Global drilling data management systems market by technology and services 2020
Exhibit 11: Global drilling data management systems market by technology and services forecast 2016-2020
Exhibit 12: Global drilling data management systems by hardware 2016-2020
Exhibit 13: Global drilling data management systems by software 2016-2020
Exhibit 14: Global drilling data management systems by software 2016-2020
Exhibit 15: Global drilling data management systems market shares by geography 2015
Exhibit 16: Global drilling data management systems market shares by geography 2020
Exhibit 17: Global drilling data management systems market shares by geography 2016-2020
Exhibit 18: APAC drilling data management systems outlook 2016-2020 ($ billions)
Exhibit 19: Americas drilling data management systems outlook 2016-2020 ($ billions)
Exhibit 20: EMEA drilling data management systems outlook 2016-2020 ($ billions)
Exhibit 21: Key leading regions
Exhibit 22: Cost of crude oil production in various countries ($/Bbl.)
Exhibit 23: Shifting bases of hydrocarbon exploration
Exhibit 24: Different well types
Exhibit 25: Illustration showing different well types
Exhibit 26: Impact of drivers
Exhibit 27: Fundamentals for addressing cyber security threats
Exhibit 28: Global crude oil price variation over last decade
Exhibit 29: Comparison of profits at different crude prices (in $/barrel of crude oil)
Exhibit 30: Impact of drivers and challenges
Exhibit 31: Synergy in implementation of smart oil fields in upstream sector
Exhibit 32: Overview of smart oilfield technologies
Exhibit 33: Definition of big data by the six characteristics
Exhibit 34: Key areas for implementation of big data in drilling sector
Exhibit 35: Other prominent vendors
Exhibit 36: Product portfolio: Drilling data management system solutions
Exhibit 37: Drilling data management solutions portfolio
Exhibit 38: Drilling data management system solutions
Exhibit 39: NOV in global drilling data management systems market
Exhibit 40: Drilling data management systems solutions
Exhibit 41: Pason in global drilling data management systems market
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FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Halliburton
  • IBM
  • National Oilwell Varco
  • Pason Systems
  • MORE
New Report Released: - Global Drilling Data Management Systems 2016-2020

The author of the report recognizes the following companies as the key players in the global drilling data management systems: Baker Hughes, Halliburton, Honeywell, IBM, National Oilwell Varco, Oracle, Pason Systems, and Schlumberger

Other Prominent Vendors in the market are: EMC, SAP, SAS, Accenture, Capgemini, WIPRO, Tata Consultancy Services, and Infosys

Commenting on the report, an analyst from the research team said that smart oilfield technologies is one of the trends spurring growth for the market. The digitization of the oil and gas industry holds the key to many issues faced by the industry. Throughout the report, we have discussed the potential of data in the drilling and completion segment of the E&P business. However, this is now largely becoming part of the digitization process of all the aspects of the upstream business. This is indicative of the rise of the smart oil field technology.

According to the report, end of era of easy oil is a key driver aiding to the growth of this market. Financial services are one of the most data-intensive industries. As discussed in the earlier sections, the era of easy oil is coming to an end. This has resulted not only in inflated costs of hydrocarbon acquisition but has also displaced the operations geographically. Much of the past century was witness to drilling operations that were being carried out in established locations in the world. The major hydrocarbon rich regions around the globe were identified in the early 20th century and most operations were based out of these areas for the next century or so. However, things have started to change significantly now and the E&P companies have started to look at unconventional avenues for exploration.

Further, the report states that cyber security concerns are challenge the market is facing. Cyber-attacks are one of the main concerns in any digital workflow, and the oil and gas industry is no different. The growing adoption of digitization of technologies has made oil and gas companies increasingly dependent on data generation and analysis to sustain their production. With advances in technology, the risks associated with cyber thefts have also increased.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Baker Hughes
- Halliburton
- Honeywell
- IBM
- National Oilwell Varco
- Oracle
- Pason Systems
- Schlumberger
- EMC
- SAP
- SAS
- Accenture
- Capgemini
- WIPRO
- Tata Consultancy Services
- Infosys
Note: Product cover images may vary from those shown
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