+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Oilfield Air Drilling Market 2019-2023 - Product Image

Global Oilfield Air Drilling Market 2019-2023

  • ID: 4807751
  • Report
  • July 2019
  • Region: Global
  • 136 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 3

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Archer Ltd.
  • Halliburton Co.
  • Schlumberger Ltd.
  • MORE
Global Oilfield Air Drilling Market: About this market

Air drilling is a technique where high volumes of low-pressure air are used to drill oil and gas wells instead of conventional drilling fluids such as water-based mud or oil-based mud especially in the areas with low or no influx of water inside the wellbore. The oilfield air drilling market analysis considers sales from dust, aerated fluids, foam, mist, and nitrogen membrane. Our analysis also considers the sales of oilfield air drilling in APAC, Europe, North America, South America, and MEA. In 2018, the dust segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as maximum drilling penetration rate which helps extend the drill bit's life by enabling the better cooling of the drill bit with compressed air during drilling will play a significant role in the dust segment to maintain its market position. Also, our global oilfield air drilling market report also looks at factors such as rising benefits of air drilling over conventional drilling, increasing active rig count, rising upstream investment. However, challenges associated with air drilling technique, adoption of alternative energy sources, fluctuations in oil and gases prices may hamper the growth of the oilfield air drilling industry over the forecast period.

Global Oilfield Air Drilling Market: Overview

Increasing active rig count

Oil and gas E&P activities are increasing globally as the crude oil prices are recovering. With increased crude oil prices, oil and gas companies are investing in oil and gas E&P projects. The increasing drilling activities will lead to a rise in the demand for oil and gas drilling rigs. This will increase the demand for drilling activities. Thus, the increasing active rig count will fuel the growth of the global oilfield air drilling market, registering at a CAGR of almost 6% during the forecast period.

Automation in drilling rigs

In the oil and gas industry, most of the incidents and fatal accidents happen on the rig floor due to the manual handling of rig equipment. Automation is given more importance in the oil and gas industry due to the level of hazards involved in oil and gas E&P operations. Rig automation has the sole purpose of enhancing workers' safety and the efficacy of oil and gas drilling operations. Automation in rigs changes the interaction between a worker on the rig floor and the equipment. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global oilfield air drilling market during the forecast period 2019-2023, contact us.

Competitive Landscape

With the presence of several major players, the global oilfield air drilling market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oilfield air drilling manufacturers, that include Air Drilling Associates Inc., Archer Ltd., Halliburton Co., Schlumberger Ltd., and Weatherford International Plc.

Also, the oilfield air drilling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Archer Ltd.
  • Halliburton Co.
  • Schlumberger Ltd.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Dust - Market size and forecast 2018-2023
  • Aerated fluid - Market size and forecast 2018-2023
  • Foam - Market size and forecast 2018-2023
  • Mist - Market size and forecast 2018-2023
  • Nitrogen membrane - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Innovations in air drilling technology
  • Automation in drilling rigs
  • Maximizing crude oil recovery through reservoir analysis
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Air Drilling Associates Inc.
  • Archer Ltd.
  • Halliburton Co.
  • Schlumberger Ltd.
  • Weatherford International Plc
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
PART 15: EXPLORE AUTHOR

List of Exhibits
Exhibit 01: Global oilfield equipment and services market
Exhibit 02: Segments of global oilfield equipment and services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Product overview
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: Dust - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Dust - Year-over-year growth 2019-2023 (%)
Exhibit 22: Aerated fluid - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Aerated fluid - Year-over-year growth 2019-2023 (%)
Exhibit 24: Foam - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Foam - Year-over-year growth 2019-2023 (%)
Exhibit 26: Mist - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Mist - Year-over-year growth 2019-2023 (%)
Exhibit 28: Nitrogen membrane - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Nitrogen membrane - Year-over-year growth 2019-2023 (%)
Exhibit 30: Market opportunity by type
Exhibit 31: Customer landscape
Exhibit 32: Market share by geography 2018-2023 (%)
Exhibit 33: Geographic comparison
Exhibit 34: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: North America - Year-over-year growth 2019-2023 (%)
Exhibit 36: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 38: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 40: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 42: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 43: South America - Year-over-year growth 2019-2023 (%)
Exhibit 44: Key leading countries
Exhibit 45: Market opportunity
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: Air Drilling Associates Inc. - Vendor overview
Exhibit 53: Air Drilling Associates Inc. - Key offerings
Exhibit 54: Archer Ltd. - Vendor overview
Exhibit 55: Archer Ltd. - Business segments
Exhibit 56: Archer Ltd. - Organizational developments
Exhibit 57: Archer Ltd. - Geographic focus
Exhibit 58: Archer Ltd. - Segment focus
Exhibit 59: Archer Ltd. - Key offerings
Exhibit 60: Halliburton Co. - Vendor overview
Exhibit 61: Halliburton Co. - Business segments
Exhibit 62: Halliburton Co. - Organizational developments
Exhibit 63: Halliburton Co. - Geographic focus
Exhibit 64: Halliburton Co. - Segment focus
Exhibit 65: Halliburton Co. - Key offerings
Exhibit 66: Schlumberger Ltd. - Vendor overview
Exhibit 67: Schlumberger Ltd. - Business segments
Exhibit 68: Schlumberger Ltd. - Organizational developments
Exhibit 69: Schlumberger Ltd. - Geographic focus
Exhibit 70: Schlumberger Ltd. - Segment focus
Exhibit 71: Schlumberger Ltd. - Key offerings
Exhibit 72: Weatherford International Plc - Vendor overview
Exhibit 73: Weatherford International Plc - Business segments
Exhibit 74: Weatherford International Plc - Organizational developments
Exhibit 75: Weatherford International Plc - Segment focus
Exhibit 76: Weatherford International Plc - Key offerings
Exhibit 77: Validation techniques employed for market sizing
Exhibit 78: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Air Drilling Associates Inc.
  • Archer Ltd.
  • Halliburton Co.
  • Schlumberger Ltd.
  • Weatherford International Plc.
Note: Product cover images may vary from those shown
Adroll
adroll