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Market Research Report

Global Drilling Data Management Systems Market 2016-2020

Published by TechNavio (Infiniti Research Ltd.) Product code 368221
Published Content info 94 Pages
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Global Drilling Data Management Systems Market 2016-2020
Published: August 23, 2016 Content info: 94 Pages
Description

About Drilling Process

The drilling process is one of the most crucial links in not only the upstream segment but the entire oil and gas value chain. Once the presence of a perceived commercial hydrocarbon reservoir is established by the surveying and analysis of the geophysical data, the actual drilling process takes place. As with the process of introduction of any new technology, the implementation of new generation smarter drilling data management systems is contingent upon key factors. These are the factors that are heavily scrutinized by the stakeholders before they actually invest in the purchase and implementation of these systems.

Technavio's analysts forecast the global drilling data management systems to grow at a CAGR of 12.31% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global drilling data management systems for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top vendors operating in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio's report, Global Drilling Data Management Systems 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Baker Hughes
  • Halliburton
  • Honeywell
  • IBM
  • National Oilwell Varco
  • Oracle
  • Pason Systems
  • Schlumberger

Other Prominent Vendors

  • EMC
  • SAP
  • SAS
  • Accenture
  • Capgemini
  • WIPRO
  • Tata Consultancy Services
  • Infosys

Market driver

  • Strong focus on asset optimization
  • For a full, detailed list, view our report

Market challenge

  • Cyber security concerns
  • For a full, detailed list, view our report

Market trend

  • Smart oilfield technologies
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Table of Contents
Product Code: IRTNTR9622

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Technological overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by Product Types

  • Global drilling data management systems market by technology and services

PART 07: Geographical segmentation

  • Global drilling data management systems market 2016-2020 segmentation by geography
  • APAC
  • Americas
  • EMEA

PART 08: Key leading countries

  • Brazil
  • Canada
  • United States
  • China

PART 09: Market drivers

  • Strong focus on asset optimization
  • Improvement in well control
  • End of era of easy oil
  • Horizontal and multilateral well analysis
  • Creation of enhanced drilling simulation models

PART 10: Impact of drivers

PART 11: Market challenges

  • Cyber security concerns
  • Investment justification in era of low oil prices
  • Lack of awareness regarding importance of data
  • Integration with existing application systems
  • Barriers to entry of new technology

PART 12: Impact of drivers and challenges

PART 13: Market trends

  • Smart oilfield technologies
  • Rise of big data analytics
  • Increased demand for advanced analytics
  • Emergence of cloud computing technology
  • Increased use of mobile applications

PART 14: Vendor landscape

  • Other prominent vendors

PART 15: Key vendor analysis

  • Baker Hughes
  • Halliburton
  • Honeywell
  • IBM
  • National Oilwell Varco
  • Oracle
  • Pason Systems
  • Schlumberger

PART 16: Appendix

  • List of abbreviations

PART 17: Explore Technavio

List of Exhibits

  • Exhibit 01: Product offerings
  • Exhibit 02: Global drilling data management systems market
  • Exhibit 03: Different stages in the typical petroleum value chain
  • Exhibit 04: Petroleum upstream activities stages
  • Exhibit 05: Hierarchy in drilling data management systems
  • Exhibit 06: Parameters affecting investment decision
  • Exhibit 07: Global drilling data management systems 2016-2020 ($ billions)
  • Exhibit 08: Five forces analysis
  • Exhibit 09: Global drilling data management systems market by technology and services 2015
  • Exhibit 10: Global drilling data management systems market by technology and services 2020
  • Exhibit 11: Global drilling data management systems market by technology and services forecast 2016-2020
  • Exhibit 12: Global drilling data management systems by hardware 2016-2020
  • Exhibit 13: Global drilling data management systems by software 2016-2020
  • Exhibit 14: Global drilling data management systems by software 2016-2020
  • Exhibit 15: Global drilling data management systems market shares by geography 2015
  • Exhibit 16: Global drilling data management systems market shares by geography 2020
  • Exhibit 17: Global drilling data management systems market shares by geography 2016-2020
  • Exhibit 18: APAC drilling data management systems outlook 2016-2020 ($ billions)
  • Exhibit 19: Americas drilling data management systems outlook 2016-2020 ($ billions)
  • Exhibit 20: EMEA drilling data management systems outlook 2016-2020 ($ billions)
  • Exhibit 21: Key leading regions
  • Exhibit 22: Cost of crude oil production in various countries ($/Bbl.)
  • Exhibit 23: Shifting bases of hydrocarbon exploration
  • Exhibit 24: Different well types
  • Exhibit 25: Illustration showing different well types
  • Exhibit 26: Impact of drivers
  • Exhibit 27: Fundamentals for addressing cyber security threats
  • Exhibit 28: Global crude oil price variation over last decade
  • Exhibit 29: Comparison of profits at different crude prices (in $/barrel of crude oil)
  • Exhibit 30: Impact of drivers and challenges
  • Exhibit 31: Synergy in implementation of smart oil fields in upstream sector
  • Exhibit 32: Overview of smart oilfield technologies
  • Exhibit 33: Definition of big data by the six characteristics
  • Exhibit 34: Key areas for implementation of big data in drilling sector
  • Exhibit 35: Other prominent vendors
  • Exhibit 36: Product portfolio: Drilling data management system solutions
  • Exhibit 37: Drilling data management solutions portfolio
  • Exhibit 38: Drilling data management system solutions
  • Exhibit 39: NOV in global drilling data management systems market
  • Exhibit 40: Drilling data management systems solutions
  • Exhibit 41: Pason in global drilling data management systems market
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