Directional Drilling Solutions & Services Market, by Solutions, By Services, by Services, by Application, by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Directional drilling or slant drilling is a method of drilling non-vertical drills. Directional drilling is used for various purposes including to increase the number of wells from a single location, increase access to remote surface locations, and others. Various types of directional drilling include, horizontal wells, multilateral wells, and extended reach wells.

The market in this report is studied across solutions, services, and applications. Across solutions, the market is further segmented into new purchase and rentals. Both sub-segments include, measurement-while-drilling (MWD) tools, logging-while-drilling (LWD) tools, Rotary steerable systems (RSS) tools, mud motors, and others. Services segment is further studied across MWD services, LWD services, RSS services, repair & maintenance, and consulting & other services.

Market Dynamics

Advancement in directional drilling such as measurement while drilling (MWD) and downhole motor (DHM) technologies have led to development of unconventional oil and gas resources by improving access to the reservoir from surface locations and increasing reservoir contact. For instance, in April 2017, Toro launched a new horizontal directional drill operating system, which allows pipe handling functions to be performed using a single input on the joystick in the SmartTouch operating mode. Moreover, horizontal well offers greater wellbore contact with the reservoir than a vertical well. In a horizontal well, the length of reservoir contact is limited by the length of the lateral, which is determined by the mechanical ability to extend the drill bit along the lateral.

Key features of the study:

This report provides an in-depth analysis of the global directional drilling solutions & services market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global directional drilling solutions & services market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study as manufacturers include Schlumberger Limited., Halliburton Company, Downhole Drilling Services, LLC, Segofs Energy Services Limited, General Electric Company, KAMBI Enterprises Inc., Tolteq Group, LLC (National Oilwell Varco, Inc.), APS Technology, Inc., Shanghai Oilfield Equipment Co., Limited (SOECO), Beijing Geoshine Oilfield Technology Services Co., Ltd., Compass Directional Guidance, Inc., Scientific Drilling International, CBG Corp, China Oilfield Services Limited (COSL). Weatherford, Bench Tree, Newsco International Energy Services Inc.
Companies covered as a part of this study as rental services providers include Hunting Energy Services Inc., Calmena Energy Services Inc., Oilwell Solutions, LLC, W-Technology Inc., Micro-Smart Systems Inc., MICROTESLA, Ranger Directional Rentals, WORLD HDD, Beijing Hailan Science & Technology Development Co., Limited, Bench Tree, Vertex Downhole, Weatherford, National Oilwell Varco, MWD Supply, Geoglide Australia Pty Ltd., Parker Drilling, Nabors Industries Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global directional drilling solutions & services market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive radiator market

Detailed Segmentation

Global Directional Drilling Solutions & Services Market, By Solution:
- New Purchase
  - Measurement While Drilling (MWD) Tools
- Measurement While Drilling (MWD) Tools
- Intelligent Pulser Gamma Module (IPGM)
- Directional Module
- Surface System
- Logging & Tracking Software
- Batteries
- Others
  - Logging While Drilling (LWD) Tools
- Gamma Ray Tools
- Sonic Tools
- Calliper Tools
- Formation & Testing Tools
- Others
  - Rotary Steerable System
  - Mud Motors
  - Others
- Rentals
  - Measurement While Drilling (MWD) Tools
- Intelligent Pulser Gamma Module (IPGM)
- Directional Module
- Surface System
- Logging & Tracking Software
- Batteries
- Others
  - Logging While Drilling (LWD) Tools
- Gamma Ray Tools
- Sonic Tools
- Calliper Tools
- Formation & Testing Tools
- Others
  - Rotary Steerable System
  - Mud Motors
  - Others
Global Directional Drilling Solutions & Services Market, By Services:
- MWD Services
- LWD Services
- Rotary Steerable System (RSS) Services
- Repair & Maintenance Services
- Consulting & Other Services
Global Directional Drilling Solutions & Services Market, By Application:
- Onshore
- Offshore
Global Directional Drilling Solutions & Services Market, By Region:
- North America
  - By Country:
- U.S.
- Canada
- Europe
  - By Country:
- Germany
- Italy
- U.K.
- France
- Russia
- Rest of Europe
- Asia Pacific
  - By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
  - By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
  - By Country/Region:
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Company Profiles- Manufacturers
- Schlumberger Limited.
- Halliburton Company
- Downhole Drilling Services, LLC
- Segofs Energy Services Limited
- General Electric Company
- KAMBI Enterprises Inc.
- Tolteq Group, LLC (National Oilwell Varco, Inc.),
- APS Technology, Inc.,
- Shanghai Oilfield Equipment Co., Limited (SOECO),
- Beijing Geoshine Oilfield Technology Services Co., Ltd.,
- Compass Directional Guidance, Inc.,
- Scientific Drilling International
- CBG Corp
- China Oilfield Services Limited (COSL)
- Bench Tree
- Newsco International Energy Services Inc.
Company Profiles-Rental Services Providers
- Hunting Energy Services Inc.*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/ Updates
- Calmena Energy Services Inc.
- Oilwell Solutions, LLC
- W-Technology Inc.
- Micro-Smart Systems Inc.
- MICROTESLA
- Ranger Directional Rentals
- WORLD HDD
- Beijing Hailan Science & Technology Development Co., Limited
- Vertex Downhole
- Weatherford
- National Oilwell Varco
- MWD Supply
- Geoglide Australia Pty Ltd.
- Parker Drilling
- Nabors Industries Ltd.

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI2558

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Solution
- Market Snippet, By Services
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of COVID-19 Pandemic

4. Global Directional Drilling Solutions & Services Market, By Solutions, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
New Purchase
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)
Rentals
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)

5. Global Directional Drilling Solutions & Services Market, By Services, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
MWD Services
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)
LWD Services
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)
Rotary Steerable System (RSS) Services
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
Repair & Maintenance Services
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)
Consulting & Other Services
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)

6. Global Directional Drilling Solutions & Services Market, By Application, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
Onshore
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)
Offshore
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Billion)

7. Global Directional Drilling Solutions & Services Market, By Region, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
North America
- Regional Trends
- Market Size and Forecast, By Solutions, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Services, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017-2030 (US$ Billion)
- Market Share Analysis, By Country, 2022 and 2030 (%)
U.S.
Canada
Europe
- Regional Trends
- Market Size and Forecast, By Solutions, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Services, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017-2030 (US$ Billion)
- Market Share Analysis, By Country, 2022 and 2030 (%)
U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Solutions, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Services, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017-2030 (US$ Billion)
- Market Share Analysis, By Country, 2022 and 2030 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Solutions, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Services, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017-2030 (US$ Billion)
- Market Share Analysis, By Country, 2022 and 2030 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
- Market Size and Forecast, By Solutions, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Services, 2017-2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017-2030 (US$ Billion)
- Market Share Analysis, By Country, 2022 and 2030 (%)
South Africa
GCC Countries
Rest of the Middle East and Africa

8. Competitive Landscape

Company Profiles-Manufacturers
- Schlumberger Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Halliburton Company
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Downhole Drilling Services, LLC
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Segofs Energy Services Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- General Electric Company
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- KAMBI Enterprises Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Tolteq Group, LLC (National Oilwell Varco, Inc.)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- APS Technology, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Shanghai Oilfield Equipment Co., Limited (SOECO)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Beijing Geoshine Oilfield Technology Services Co., Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Compass Directional Guidance, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Scientific Drilling International
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- CBG Corp
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- China Oilfield Services Limited (COSL)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Bench Tree
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Newsco International Energy Services Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Company Profiles- Rental Services Providers
- Hunting Energy Services Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Calmena Energy Services Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Oilwell Solutions, LLC.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- W-Technology Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Micro-Smart Systems Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- MICROTESLA
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Ranger Directional Rentals
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- WORLD HDD
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Beijing Hailan Science & Technology Development Co., Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Vertex Downhole
Company overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Weatherford.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- National Oilwell Varco
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- MWD Supply
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Geoglide Australia Pty Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Parker Drilling
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Nabors Industries Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Analyst Views

9. Section

References
Research Methodology
About us and Sales Contact

Directional Drilling Solutions & Services Market, by Solutions, By Services, by Services, by Application, by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030