How is Drilling and Completion Fluids Industry Changing the Future of Business?

Drilling and Completion Fluids Market

Global Drilling and Completion Fluids Market Overview MarketsandMarkets forecasts the Drilling and Completion Fluids Market to grow from USD 9.6 billion in 2018 to USD 12.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period. The major factors …

Robotic Drilling Market to Observe Significant Growth by 2023

Well Intervention Market

The global robotic drilling market is expected to grow from an estimated $658 million in 2018 to $923.3 million by 2023, at a CAGR of 7.01% from 2018 to 2023. This market growth is driven by the increased drilling activities due to the development of …

Pump Jack Market Likely to Boost Future Growth by 2022

Pump Jack Market

The global pump jack market is expected to grow from an estimated $2.86 billion in 2017 to $3.63 billion by 2022, at a CAGR of 4.88% from 2017 to 2022. The market in North America is estimated to be the largest market for pump jack, …

Well Casing & Cementing Market Huge Growth Opportunity between 2019 to 2024

Well Casing & Cementing Market

The global Well Casing & Cementing Market is projected to reach USD 11.7 billion by 2024 from an estimated USD 9.2 billion in 2019, at a CAGR of 5.0% during the forecast period. Increasing drilling activities along with shale developments in North America, Asia Pacific, …

Intelligent Completion Market: Focus on the Increasing Production From Oil & Gas Wells

Intelligent Completion Market

The global Intelligent Completion Market is expected to grow from an estimated USD 1.61 billion in 2018 to USD 2.16 billion by 2023, at a CAGR of 6.05%, from 2018 to 2023. The market in Europe is estimated to be the largest for intelligent completion …

Digital Oilfield: Key to the Future of Oil and Gas Industry

Digital Oilfield Market

According to the new market research report “Digital Oilfield Market by Solution (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore and Offshore), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global digital oilfield …

Digital Oilfield Market: Key Trends and Opportunities

Digital Oilfield Market

The global Digital Oilfield Market size is projected to reach USD 28.5 billion by 2025 from an estimated value of USD 20.2 billion in 2020, at a CAGR of 7.1% from 2020 to 2025. New technological advancements in the digital oilfield, increased return on investment …

Artificial Lift Market to See Enormous Growth and Opportunities in Future

Artificial Lift Market

The global Artificial Lift Market is projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led …

Hydraulic Workover Unit Market: Enhanced Oil and Gas Production & Increased Offshore Exploration Activities

Hydraulic Workover Unit Market

According to the new market research report “Hydraulic Workover Unit Market by Service (Workover & Snubbing), Installation (Skid Mounted & Trailer Mounted), Capacity (0–50 Tonnes, 51–150 Tonnes, and Above 150 Tonnes), Application (Onshore, Offshore), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the …

Oilfield Integrity Management Market: Current Trends and Future Opportunities

Oilfield Integrity Management Market

The Oilfield Integrity Management Market size is expected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1%, during the forecast period. Increasing focus on remote monitoring of oilfields for process optimization and automation …

Digital Oilfield Market a Revolutionary Trend in Oil and Gas Industry

Digital Oilfield Market

According to the new market research report “Digital Oilfield Market by Solutions (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, and Drilling Optimizations), Application (Onshore and Offshore), and Region – Global Forecast to 2025″,published by MarketsandMarkets™, the Digital Oilfield Market size is …

Artificial Lift Market to Witness Huge Growth Opportunity between 2020-2025

Artificial Lift Market

The global Artificial Lift Market is projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast period. Continuous shale development and the growing investments in the upstream oil and gas sector …

Oilfield Equipment Rental Market Perspective, Growth Trends and Forecast 2022

The oilfield equipment rental market is expected to grow at a CAGR of 3.87%, from 2017 to 2022, to reach a market size of USD 20.55 billion by 2022. Increasing technological advancements in oilfield equipment rental, rising global investments in Exploration & Production (E&P), growing …