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The Drilling Contractor market is an integral part of the Oil and Gas Exploration and Production industry. Drilling Contractors provide the necessary equipment and personnel to drill wells for the exploration and production of oil and gas. They are responsible for the design, construction, and maintenance of the drilling rig, as well as the operation of the drilling process. Drilling Contractors also provide services such as well logging, well testing, and well completion.
Drilling Contractors are typically hired by Oil and Gas Exploration and Production companies to provide the necessary equipment and personnel to drill wells. The contract between the Drilling Contractor and the Exploration and Production company typically includes the cost of the drilling rig, the personnel, and the services provided.
Some of the major companies in the Drilling Contractor market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, and Nabors Industries. Show Less Read more