India Oil Field Equipment Rental Services Market Outlook - Market Analysis by Equipment Type, Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022

  • ID: 4386551
  • Report
  • Region: India
  • 69 pages
  • Mordor Intelligence
1 of 4
India is the fourth-largest consumer of oil and petroleum products in the world. The governments supportive foreign domestic investment (FDI) policies and promotion of investments have helped the sector grow. The Centre has introduced policies such as Coal Bed Methane (CBM) and New Exploration Licensing Policy (NELP). Backed by this support, the sector garnered FDI worth US$ 5.4 billion during the period April 2000September 2013. Indian oil field equipment rental market is expected grow rapidly in the coming years as a result of these government initiatives.

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.
Note: Product cover images may vary from those shown
2 of 4
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 India 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 India Oil Field Equipment Rental Market Analysis
6.1 Overview
6.2 Market Demand to 2022
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
Note: Product cover images may vary from those shown
3 of 4


4 of 4
Note: Product cover images may vary from those shown