North America Oil Field Services Market Outlook - Market Analysis by Geography, Type, Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022

  • ID: 4386211
  • Report
  • Region: North America, United States
  • 81 pages
  • Mordor Intelligence
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North America's oil field services market is expected to reach $100.51 billion by 2022, up from $48.72 billion in 2013. The region's oil field services market growth is a result of increased exploration activity in Gulf of Mexico and shale boom across the region, which is presenting huge market opportunities for equipment manufacturers and service providers.

Oil and gas exploration and production is a complex process and each and every process requires sophisticated technology and equipment. First, geological surveys will be conducted to find out oil and gas reservoirs, followed by geological modeling, seismic imaging and exploratory drilling.

Pressure pumping, oil country tubular goods, wireline services, drilling & completion services, well intervention, completion equipment constitute major share of the oil field services market. In most of the cases, even bigger oil and gas companies such as Chevron and ExxonMobil doesnt buy all the equipment needed for exploration and production operations. Instead, companies turn to engineering and industrial firms that build and operate the oil rigs, tankers, and pipelines that are the backbone of the industry. These oilfield services companies provide the infrastructure, equipment, intellectual property and services needed by the international oil and gas industry to explore for, extract, and transport crude oil and natural gas from the earth to the refinery, and eventually to the consumer.

Ever increasing energy demand, increased offshore exploration activity across the globe which often going in to deeper waters and several operators efforts to find new oil and gas reserves are driving the market. Whereas on the flip side, high initial investments, lack of skilled labor, and environmental conditions such as harsh weathers are restraining the market from growth.

North America leads the market in terms of demand and is closely followed by Asia-Pacific. Asia-pacifics exploration activity is at an all time high from the last four-five years thanks to shale boom in some countries such as China. Decent market opportunity exists for this market in Europe, as the North Seas new exploration activity is now moving in to deeper waters which require much sophisticated equipment. Countries such as the Netherlands and Norway present a decent market opportunity for oil country tubular goods.

This Report Offers:
  • Market Definition for the oil field services along with identification of key drivers and restraints for the market.
  • Market analysis for the North America oil field services Market, with region specific assessments and competition analysis on a country and regional scale.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on both country and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
  • Identification and analysis of the Macro and Micro factors that affect the North America oil field services market on both country and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Reasons for Buying this Report

1)For gaining an exhaustive understanding of the North America market for oil field services. Would be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade

2)An ideal opportunity for industry consultants, equipment manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered

3)Wide-ranging information provided about the leading market players and the major strategies adopted by them
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1. Executive Summary
2. Research Methodology
3. Market Overview
3.1 Introduction
3.2 Markets Covered
3.3 Market Demand to 2022
3.4 Recent Trends and Opportunities
4. Drivers, Constraints and Opportunities
4.1 Drivers
4.1.1 Growing Investments in Oil & Gas Sector
4.1.2 Burgeoning Shale Business
4.2 Constraints
4.2.1 Volatile Oil & Gas Market
4.2.2 Environmental Concerns
4.3 Opportunities
4.3.1 North American Shale Plays
4.3.2 Gulf of Mexico
5. Oil and Gas Scenario
5.1 Reserves in North America
5.2 Global Crude Production and Consumption From 2000 - 2015
5.3 Global Oil Prices - WTI, BRENT Oil Prices - From 2000 -2015
5.3.1 Brent Crude Prices - From 2000 -2015
5.3.2 WTI Crude Prices - From 2000 -2015
5.4 North America Oil and Gas Production Scenarios in the Mid-term and Long-term
6. Oil Field Services Value Chain Analysis
7. Industry Attractiveness - Porter's Five Force Analysis
7.1 Bargaining Power of Service Provider
7.2 Bargaining Power of Consumers
7.3 Threat of New Entrants
7.4 Threat of Substitute Products and Services
7.5 Degree of Competition
8. North America Oil Field Services Market Segmentation, by type
8.1 Coiled Tubing
8.2 Completion Services and Equipment
8.3 Drilling and Completion Fluids
8.4 Drilling Services and Equipment
8.5 Oil Country Tubular Goods
8.6 Pressure Pumping
8.7 Waste Management Services
8.8 Well Intervention Services
8.9 Wireline Services
9. North America Oil Field Services Market Segmentation, by application
9.1 Onshore
9.2 Offshore
10. North America Oil Field Services Market Segmentation, by geography
10.1 Major Countries
10.1.1 The United States of America Introduction Market Demand to 2022 Recent Trends and Opportunities
10.1.2 Canada Introduction Market Demand to 2022 Recent Trends and Opportunities
10.1.3 Others
11. Key Company Analysis
11.1 Schlumberger
11.2 Halliburton
11.3 Baker Hughes
11.4 FMC Technologies
11.5 Cameron
11.6 Weatherford International
11.7 National Oilwell Varco
11.8 Fluor
11.9 Oil States International
11.10 Helix Energy Solutions
11.11 Key Energy Services
12. Competitive Landscape
12.1 Mergers & Acquisitions
12.2 Joint Ventures, Collaborations and Agreements
12.3 Market Share Analysis
13. Appendix
13.1 Contact Us
13.2 Disclaimer
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Note: Product cover images may vary from those shown