封面
市场调查报告书
商品编码
1491786

全球油田服务市场 2024-2031

Global Oilfield Services Market 2024-2031

出版日期: | 出版商: Orion Market Research | 英文 180 Pages | 商品交期: 2-3个工作天内

价格

预计全球油田服务市场在预测期内(2024-2031)将以 4.9% 的复合年增长率适度增长。油田服务业在整个石油和天然气生产生命週期提供专业知识和设备。他们协助勘探(地震勘测)、钻井和完井、生产最佳化和基础设施维护,确保有效率、安全地开采碳氢化合物。

市场动态

目录

第 1 章:报告摘要

  • 目前行业分析及成长潜力展望
  • 研究方法和工具
  • 市场区隔
    • 按细分
    • 按地区

第 2 章:市场概述与见解

  • 报告范围
  • 分析师见解和当前市场趋势
    • 主要发现
    • 建议
    • 结论

第 3 章:竞争格局

  • 主要公司分析
  • Aker Solutions ASA
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • EXPRO Holdings UK 2 Ltd.
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • Halliburton Energy Services, Inc.
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • SAIPEM SpA
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • Schlumberger Ltd.
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • 关键策略分析

第 4 章:市场细分

  • 按类型分類的全球油田服务市场
    • 设备租赁
    • 现场操作
    • 分析和咨询服务
  • 按应用分類的全球油田服务市场
    • 陆上
    • 离岸
  • 按服务分類的全球油田服务市场
    • 修井及完井服务
    • 製作服务
    • 钻井服务
    • 海底服务
    • 地震服务
    • 加工和分离服务

第 5 章:区域分析

  • 北美洲
    • 美国
    • 加拿大
  • 欧洲
    • 英国
    • 德国
    • 义大利
    • 西班牙
    • 法国
    • 欧洲其他地区
  • 亚太
    • 中国
    • 印度
    • 日本
    • 韩国
    • 亚太其他地区
  • 世界其他地区
    • 拉丁美洲
    • 中东和非洲

第 6 章:公司简介

  • Baker Hughes Company
  • China Oilfield Services Limited
  • Diamond Offshore Drilling, Inc.
  • Nabors Industries, Inc.
  • National Energy Services Reunited Corp.
  • NOV Inc.
  • OiLSERV
  • Transocean Ltd.
  • Valaris Limited
  • Weatherford International plc
Product Code: OMR2028566

Global Oilfield Services Market Size, Share & Trends Analysis Report by Type (Equipment Rental, Field Operation, Analytical and Consulting Services), by Application (Onshore and Offshore), and by Service (Workover and Completion Services, Production Services, Drilling Services, Subsea Services, Seismic Services, Processing and Separation Services) Forecast Period (2024-2031)

The global oilfield services market is anticipated to grow at a moderate CAGR of 4.9% during the forecast period (2024-2031). The oilfield services industry provides specialized expertise and equipment throughout the oil and gas production lifecycle. They assist with exploration (seismic surveys), well drilling and completion, production optimization, and infrastructure maintenance, ensuring efficient and safe extraction of hydrocarbons.

Market Dynamics

E&P Activity in Untapped Regions Drives Oilfield Services Market

The depletion of existing oil and gas reserves is pushing energy companies outward, fueling a surge in exploration and production (E&P) activities in uncharted territories. For instance, in April 2024, Valeura Energy Inc. achieved three oil discoveries in the Gulf of Thailand, validating the successful migration of oil into the Nong Yao D area and identifying new reservoir zones. Exploration also yielded promising results north of the Wassana field. The company plans infill drilling to boost near-term production and anticipates further exploration to capitalize on expanding opportunities within its asset portfolio. This expansion, encompassing both land and offshore environments, presents unique geological challenges. To overcome these hurdles, companies rely heavily on the expertise of oilfield services providers. These specialists offer a comprehensive suite of services, ranging from sophisticated seismic surveys to pinpoint potential reserves, to the drilling and completion of wells in these demanding new locations. This growing dependence on oilfield services to unlock previously inaccessible resources is a key driver of market growth.

High Oil Prices: A Catalyst for Oilfield Services Market Growth

Rising oil prices act as a catalyst for the oilfield services market. For instance, March 2024 saw the Brent crude oil spot price averaging $85 per barrel, up $2 from February, marking the third consecutive monthly increase. Extended OPEC+ production cuts contributed to rising prices. Forecasts anticipate global oil inventories to decline by over 0.9 million b/d in 2Q24, exerting upward pressure on prices. When crude fetches a premium, oil and gas companies become more incentivized to invest in exploration and production (E&P) activities. This translates into increased drilling, well development, and infrastructure maintenance in all areas where oilfield service providers play a critical role. Their expertise in well completion, seismic surveys, and other essential services becomes highly sought after during such periods. As E&P activity flourishes due to high oil prices, the demand for oilfield services consequently rises, propelling market growth.

Market Segmentation

Our in-depth analysis of the global oilfield services market includes the following segments by type, by services, and by application:

  • Based on type, the market is sub-segmented into equipment rental, field operation, analytical and consulting services.
  • Based on application, the market is bifurcated into onshore and offshore.
  • Based on service, the market is sub-segmented into workover and completion services, production services, drilling services, subsea services, seismic services, processing, and separation services.

Field Operation Segment to Exhibit the Highest CAGR

The expansion of unconventional resources, such as shale gas and tight oil, drives growth in the field operation segment of the oilfield services market. Extracting these resources requires specialized techniques like horizontal drilling and hydraulic fracturing. Field operation services play a critical role in deploying and managing these techniques efficiently. As companies increasingly explore unconventional reserves to meet energy demands, the demand for field operation services, which offer expertise and equipment for these complex operations, continues to rise, propelling the segment's growth. For instance, Petrofac extends its Field maintenance services contract with ADNOC (Abu Dhabi National Oil Company) for two years, supporting operations at the Haliba oil field in Abu Dhabi, UAE. The contract underscores Petrofac's commitment to delivering reliable and sustainable services locally. Haliba field is crucial to ADNOC's 2030 growth strategy, marking its first fully outsourced facilities maintenance project and emphasizing the significance of outsourcing for future endeavors.

Drilling Services Dominates Market Growth

The drilling services segment is experiencing rapid growth in the oilfield services market due to several factors. Firstly, companies are exploring new and challenging geological formations, necessitating specialized drilling techniques and equipment. Technological advancements, including horizontal drilling and fracking, have further enhanced drilling efficiency. For Instance, in July 2022, Halliburton launched its new Hedron platform featuring fixed cutter polycrystalline diamond compact (PDC) drill bits. These bits leverage advanced technology and customization processes, including Halliburton's Design at the Customer Interface (DatCISM) and iBitS software, to provide high-performance, application-specific designs. Incorporating Juggernaut cutters, Cerebro in-bit sensing, and Oculus dull grading analytics, Hedron bits offer enhanced drilling performance with increased penetration rates and extended run lengths globally, addressing diverse drilling challenges. Moreover, the increasing focus on unconventional resources like shale gas and tight oil drives demand for specialized drilling services. Routine maintenance and intervention activities, along with global energy demand and regulatory compliance, also contribute to the segment's growth trajectory.

Regional Outlook

The global oilfield services market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

The Dynamic Forces Powering North America's Oilfield Services Market

The global oil demand and the US's role as a significant global supplier drive the oilfield services market in North America. With the USA being a prominent producer, particularly due to advancements in unconventional drilling technologies and the exploitation of vast shale oil and gas reserves, there is a constant need for exploration, drilling, production, and maintenance activities. For instance, in the past six consecutive years, the US has maintained its position as the world's top crude oil producer, as reported by International Energy Statistics. In 2023, US crude oil production, including condensate, averaged 12.9 million barrels per day (b/d), surpassing the previous US and global record set in 2019 at 12.3 million b/d. Notably, the average monthly US crude oil production reached a new milestone in December 2023, exceeding 13.3 million b/d. This aligns with the global oil demand, which remains robust across various sectors such as transportation, manufacturing, and energy production. As a result, oilfield service providers in North America experience sustained growth, fostering innovation, technological advancements, and market competitiveness in the region.

Asia-Pacific to Exhibit the Highest CAGR

The Asia-Pacific region is experiencing a surge in energy demand driven by several key factors. Rapid economic development across the region has led to a significant increase in energy consumption, particularly for oil and gas. This growing demand for energy resources necessitates increased exploration and production activities, creating a robust market for Oilfield Services (OFS) companies that can support these endeavors. As the region strives towards achieving energy security and fueling its continued economic growth, the demand for efficient and advanced oilfield services is expected to remain a key driver of market expansion in the Asia Pacific.

The major companies serving the global oilfield services market include Halliburton Energy Services, Inc., Schlumberger Limited, Aker Solutions ASA, SAIPEM SpA, and EXPRO HOLDINGS UK 2 LIMITED among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in February 2024, SLB entered into an all-stock acquisition agreement with ChampionX Corporation (NASDAQ: CHX) to bolster its presence in the oilfield services production space. The acquisition includes ChampionX's leading production chemicals and artificial lift technologies. The deal aims to enhance operational efficiency and extend well life, aligning with SLB's commitment to delivering integrated solutions and innovative technologies throughout the oil and gas production lifecycle. The transaction is expected to generate approximately $400 million in annual pre-tax synergies within three years.

Table of Contents

1. Report Summary

  • Current Industry Analysis and Growth Potential Outlook
  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Region

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion

3. Competitive Landscape

  • 3.1. Key Company Analysis
  • 3.2. Aker Solutions ASA
    • 3.2.1. Overview
    • 3.2.2. Financial Analysis
    • 3.2.3. SWOT Analysis
    • 3.2.4. Recent Developments
  • 3.3. EXPRO Holdings UK 2 Ltd.
    • 3.3.1. Overview
    • 3.3.2. Financial Analysis
    • 3.3.3. SWOT Analysis
    • 3.3.4. Recent Developments
  • 3.4. Halliburton Energy Services, Inc.
    • 3.4.1. Overview
    • 3.4.2. Financial Analysis
    • 3.4.3. SWOT Analysis
    • 3.4.4. Recent Developments
  • 3.5. SAIPEM SpA
    • 3.5.1. Overview
    • 3.5.2. Financial Analysis
    • 3.5.3. SWOT Analysis
    • 3.5.4. Recent Developments
  • 3.6. Schlumberger Ltd.
    • 3.6.1. Overview
    • 3.6.2. Financial Analysis
    • 3.6.3. SWOT Analysis
    • 3.6.4. Recent Developments
  • 3.7. Key Strategy Analysis

4. Market Segmentation

  • 4.1. Global Oilfield Services Market by Type
    • 4.1.1. Equipment Rental
    • 4.1.2. Field Operation
    • 4.1.3. Analytical and Consulting Services
  • 4.2. Global Oilfield Services Market by Application
    • 4.2.1. Onshore
    • 4.2.2. Offshore
  • 4.3. Global Oilfield Services Market by Service
    • 4.3.1. Workover and Completion Services
    • 4.3.2. Production Services
    • 4.3.3. Drilling Services
    • 4.3.4. Subsea Services
    • 4.3.5. Seismic Services
    • 4.3.6. Processing and Separation Services

5. Regional Analysis

  • 5.1. North America
    • 5.1.1. United States
    • 5.1.2. Canada
  • 5.2. Europe
    • 5.2.1. UK
    • 5.2.2. Germany
    • 5.2.3. Italy
    • 5.2.4. Spain
    • 5.2.5. France
    • 5.2.6. Rest of Europe
  • 5.3. Asia-Pacific
    • 5.3.1. China
    • 5.3.2. India
    • 5.3.3. Japan
    • 5.3.4. South Korea
    • 5.3.5. Rest of Asia-Pacific
  • 5.4. Rest of the World
    • 5.4.1. Latin America
    • 5.4.2. The Middle East & Africa

6. Company Profiles

  • 6.1. Baker Hughes Company
  • 6.2. China Oilfield Services Limited
  • 6.3. Diamond Offshore Drilling, Inc.
  • 6.4. Nabors Industries, Inc.
  • 6.5. National Energy Services Reunited Corp.
  • 6.6. NOV Inc.
  • 6.7. OiLSERV
  • 6.8. Transocean Ltd.
  • 6.9. Valaris Limited
  • 6.10. Weatherford International plc

LIST OF TABLES

  • 1. Global Oilfield Services Market Research And Analysis By Type, 2023-2031 ($ Million)
  • 2. Global Oilfield Equipment Oilfield Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 3. Global Oilfield Operation Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 4. Global Oilfield Analytical And Consulting Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 5. Global Oilfield Services Market Research And Analysis By Application, 2023-2031 ($ Million)
  • 6. Global Oilfield Services For Onshore Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 7. Global Oilfield Services For Offshore Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 8. Global Oilfield Services Market Research And Analysis By Service, 2023-2031 ($ Million)
  • 9. Global Workover And Completion Oilfield Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 10. Global Production Oilfield Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 11. Global Drilling Oilfield Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 12. Global Subsea Oilfield Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 13. Global Seismic oilfield Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 14. Global Processing And Separation Oilfield Services Market Research And Analysis By Region, 2023-2031 ($ Million)
  • 15. Global Oilfield Services Research And Analysis By Region, 2023-2031 ($ Million)
  • 16. North American Oilfield Services Research And Analysis By Country, 2023-2031 ($ Million)
  • 17. North American Oilfield Services Research And Analysis By Type 2023-2031 ($ Million)
  • 18. North American Oilfield Services Research And Analysis By Application, 2023-2031 ($ Million)
  • 19. North American Oilfield Services Research And Analysis By Service, 2023-2031 ($ Million)
  • 20. European Oilfield Services Research And Analysis By Country, 2023-2031 ($ Million)
  • 21. European Oilfield Services Research And Analysis By type 2023-2031 ($ Million)
  • 22. European Oilfield Services Research And Analysis By Application, 2023-2031 ($ Million)
  • 23. European Oilfield Services Research And Analysis By Service, 2023-2031 ($ Million)
  • 24. Asia-Pacific Oilfield Services Research And Analysis By Country, 2023-2031 ($ Million)
  • 25. Asia-Pacific Oilfield Services Research And Analysis By Type, 2023-2031 ($ Million)
  • 26. Asia-Pacific Oilfield Services Research And Analysis By Application, 2023-2031 ($ Million)
  • 27. Asia-Pacific Oilfield Services Research And Analysis By Service, 2023-2031 ($ Million)
  • 28. Rest Of The World Oilfield Services Research And Analysis By Country, 2023-2031 ($ Million)
  • 29. Rest Of The World Oilfield Services Research And Analysis By Type, 2023-2031 ($ Million)
  • 30. Rest Of The World Oilfield Services Research And Analysis By Application, 2023-2031 ($ Million)
  • 31. Rest Of The World Oilfield Services Research And Analysis By Service, 2023-2031 ($ Million)

LIST OF FIGURES

  • 1. Global Oilfield Services Research And Analysis By Type, 2023 Vs 2031 (%)
  • 2. Global Oilfield Equipment Rental Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 3. Global Oilfield Operation Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 4. Global Oilfield Analytical And Consulting Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 5. Global Oilfield Services Market Research And Analysis By Application, 2023 Vs 2031 (%)
  • 6. Global Oilfield Services For Onshore Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 7. Global Oilfield Services Market For Offshore Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 8. Global Oilfield Services Market Research And Analysis By Service, 2023 Vs 2031 (%)
  • 9. Global Workover And Completion Oilfield Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 10. Global Production Oilfield Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 11. Global Drilling Oilfield Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 12. Global Subsea Oilfield Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 13. Global Seismic Oilfield Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 14. Global Processing And Separation Oilfield Services Market Research And Analysis By Region, 2023 Vs 2031 (%)
  • 15. Global Oilfield Services Research And Analysis By Region, 2023 Vs 2031 (%)
  • 16. US Oilfield Services Market Size, 2023-2031 ($ Million)
  • 17. Canada Oilfield Services Market Size, 2023-2031 ($ Million)
  • 18. UK Oilfield Services Market Size, 2023-2031 ($ Million)
  • 19. France Oilfield Services Market Size, 2023-2031 ($ Million)
  • 20. Germany Oilfield Services Market Size, 2023-2031 ($ Million)
  • 21. Italy Oilfield Services Market Size, 2023-2031 ($ Million)
  • 22. Spain Oilfield Services Market Size, 2023-2031 ($ Million)
  • 23. Rest Of Europe Oilfield Services Market Size, 2023-2031 ($ Million)
  • 24. India Oilfield Services Market Size, 2023-2031 ($ Million)
  • 25. China Oilfield Services Market Size, 2023-2031 ($ Million)
  • 26. Japan Oilfield Services Market Size, 2023-2031 ($ Million)
  • 27. South Korea Oilfield Services Market Size, 2023-2031 ($ Million)
  • 28. Rest Of Asia-Pacific Oilfield Services Market Size, 2023-2031 ($ Million)
  • 29. Latin America Oilfield Services Market Size, 2023-2031 ($ Million)
  • 30. The Middle East & Africa Oilfield Services Market Size, 2023-2031 ($ Million)