Global Oil and Gas Wells Drilling Services Market Briefing 2018 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Oil
and Gas Wells Drilling Services Market Global Briefing 2018"
report has been added to ResearchAndMarkets.com's
offering.

To monitor the data continuously on surfaces, measurement while drilling
(MWD) is used. It is a form of water logging technology which
incorporates the measuring tools into the drillstring by further
providing real time information to steer the drill. Unlike conventional
logging tools, this technique can be used at extreme angles by
encompassing a single module in the drill string. MWD technology uses
gyroscopes, magnetometers and accelerometers to determine the borehole
information by providing their wellbore position, directional data and
the drill bit information. Companies such as GE, Shell, Exonn Mobil,
National Oilwell Varco, Tolteq and BP are investing in these
technologies for carrying out drilling activities.

Middle East was the largest region in the oil and gas wells drilling
services market in 2017, accounting for around 24% market share. Asia
Pacific was the second largest region accounting for around 19% market
share. Africa was the smallest region accounting for around 6% market
share.

The market size section gives the oil and gas market revenues, covering
both the historic growth of the market and forecasting the future.
Drivers and restraints looks at the external factors supporting and
controlling the growth of the market.

Competitive landscape gives a description of the competitive nature of
the market, market shares, and a description of the leading companies.
Key financial deals which have shaped the market in the last three years
are identified.

The trends and strategies section highlights the likely future
developments in the oil and gas wells drilling market and suggests
approaches.

Scope

• Markets Covered: Oil and Gas Wells Drilling, Oil and Gas Supporting
  Activities
• Time Series: Five years historic (2013-17) and forecast (2017-21)
• Data: Market value in $ billions
• Data Segmentations: Regional breakdowns, market share of competitors,
  key sub segments

Companies Mentioned

• Saudi Aramco
• Kuwait Petroleum Corp.
• Rosneft
• ADNOC
• Iraq Ministry of Oil
• National Iranian Oil Company
• Exxon Mobil Corp.
• Statoil
• Royal Dutch Shell
• BP Plc

For more information about this report visit https://www.researchandmarkets.com/research/tgrcsc/oil_and_gas_wells?w=4

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Related
Topics: Oil,
Oilfield
Equipment and Services