United States Oil Field Equipment - Growth Trends and Forecasts (2016 - 2021)

  • ID: 3972091
  • Report
  • Region: United States
  • 75 pages
  • Mordor Intelligence
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The United States is the major market for oil field equipment rental services. Major factors driving the industry are increasing drilling activity and the shale boom, which is changing the total countrys energy scenario. Recently, the U.S. government jacked up its forecast for oil production next year by 250,000 barrels per day as the boom in shale oil drilling continues to confound expectations of slower growth.

Global oil field rental services market is now finding its feet as a fastest growing market, given the ever increasing energy demand, increasing shale activity and offshore exploration activities. As in case with the other oil and gas industry segments, North America leads the oil field rentals market too, given the huge drilling activity in the region. As a result most of the companies operate in this region. In the past few years, sensing potential market growth in some regions such as Asia-Pacific and Africa, operators started widening their operations to these countries. The market is expected to grow, as the number of wells being drilled is increasing as a result of increased search activities for coal seam gas and shale gas and lucrative oil and gas prices.

North America, Asia-Pacific and Africa are expected to witness growth in the coming years as a result of increased exploration activities and shale boom. The top companies share almost 70-80 per cent of the market. So, most of the companies in this segment are relatively small. The drilling rental equipment markets occupy the major part of the market because of their wide usage.

Particularly driven by the demand for oil in the developing world which is expected to overtake that in industrialized countries in the coming future, majorly because by strong demand from China, India and other developing nations across Asia which continue to see strong economic growth. And then there is shale revolution which transformed the U.S. energy sector and is sweeping the world.

What the Report Offers

1) Market Definition for the specified topic along with identification of key drivers and restraints for the market.

2) Market analysis for the Argentina oil field rental services Market, with region specific assessments and competition analysis on a global and regional scale.

3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4) Extensively researched competitive landscape section with profiles of major companies along with their share of markets.

5) Identification and analysis of the Macro and Micro factors that affect the Argentina oil field rental services market on both global and regional scale.

6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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1 Introduction

1.1 Report Guidance

1.2 Markets Covered

1.3 Key Points Noted

2 Executive Summary

2.1 Overview and Market Scenario

3 Global Oil and Gas Market Scenario

3.1 Oil Market Scenario

3.1.1 Global Crude Oil Consumption

3.1.2 Global Crude Oil Production

3.2 Natural Gas Market Scenario

3.2.1 Global Natural Gas Consumption

3.2.2 Global Natural Gas Production

4 Drivers, Constraints and Opportunities

4.1 Drivers

4.1.1 Increasing Drilling Activity

4.1.2 Technology Break-troughs

4.1.3 Strong Oil and Gas Demand

4.1.4 Strong Economic Growth of Developing Countries

4.2 Constraints

4.2.1 Unpredictable Market for Oil and Gas

4.2.2 Geographical Challenges

4.3 Opportunities

4.3.1 Shale Boom

4.3.2 Opportunities for New Technology Innovations

5 United States Oil Field Equipment Rental Market Analysis by Type

5.1 Drilling Equipment

5.1.1 Drill Pipe

5.1.2 Drill Collar

5.1.3 Heavy-Water

5.1.4 Subs

5.1.5 Others

5.2 Pressure & Flow Control Equipment

5.2.1 Bop

5.2.2 Valves & Manifolds

5.2.3 Others

5.3 Fishing Equipment

5.4 Other Equipments

6 United States Oil Field Equipment Rental Market Analysis

6.1 Overview

6.2 Market Demand to 2020

6.3 Market Trends and Recent Activities

6.4 Major Players and Service Providers

7 Competition

7.1 Overview

7.1.1 Market Share of Key Companies, by Geography

7.1.2 Market Share of Key Companies, by Equipment

8 Competitive Landscape

8.1 Deal Summary

8.1.1 Acquisition

8.1.2 Private Equity

8.1.3 Equity Offerings

8.1.4 Debt Offerings

8.1.5 Partnerships

8.1.6 Asset Transactions

8.2 Recent Developments

8.2.1 New Technology Inventions

8.2.2 New Contract Announcements

9 Key Company Analysis

9.1 Halliburton

9.2 Schlumberger

9.3 Chesapeake Energy

9.4 Weatherford

9.5 Superior Energy Services

9.6 Precision Drilling Corp

9.7 Parker Drilling

9.8 FMC Technologies

9.9 Oil State International

9.10 AOS Orwell Ltd

9.11 Basic Energy Services

9.12 Knight Oil Tool Inc.

9.13 Tasman Oil Tools Pty Ltd

9.14 Western Energy Services

9.15 Greenes Energy Group

10 Appendix 10.1 Sources 10.2 Abbreviations 10.3 Market Definition

10.3.1 Methodology

10.3.2 Coverage

10.3.3 Secondary Research

10.3.4 Primary Research

10.3.5 Expert Panel Validation

10.4 Contact Us 10.5 Disclaimer
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