Oil And Gas Supporting Activities Market Global Briefing 2018

Oil And Gas Supporting Activities Market Global Briefing 2018
Starting Price : $ 1000.00 | Pages : 33 | Published : January 2018

SKU CODE : 2587 | Format :

Support activities for oil and gas operations industry comprise establishments which provide support activities on a contract or fee basis for oil and gas operations such as exploration, drilling and extraction. This market comprises companies carrying out activities such as excavating slush pits and cellars, well surveying, running, cutting, pulling casings, tubes, and rods. It also includes cementing wells, shooting wells, perforating well casings, and cleaning out, bailing, and swabbing wells. This market does not include site preparation and related construction activities, geophysical surveying and mapping. Other support activities include acidizing oil and gas field wells, chemically treating oil and gas wells, gas well rig building, core drilling, logging wells, and servicing wells on a contract basis.

North America was the largest region in the oil and gas supporting activities market in 2017, accounting for around 28% of the market. This can be attributed to presence of crude oil extraction and rise of shale producers, thereby driving demand for outsourced supporting companies. Asia Pacific was the second largest region accounting for around 24% of the market. Africa was the smallest region accounting for over 4% of the market, despite increases in investment in recent years.

Companies involved in providing support activities for oil and gas operations are offering self-assembling rigs to reduce operating costs and save time. Self-assembling rigs are automated rigs that can walk at up to 30 feet per hour, rotate 360 degrees, and can be operated with a remote control. Conventional oilfield drilling rigs require a crane to assemble them in pieces and thus consume more time. Self-assembling rigs ship in lower amount of loads, can assemble automatically, and move faster compared to conventional rigs. Self-assembling rigs are supported by control room with touchscreen and joysticks, and 200 sensors to monitor pneumatics, oil flow, and other processes. Major companies offering self-assembling rigs include Dragon Drilling Co., Stewart & Stevenson and Atlas Copco.

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Oil And Gas Supporting Activities Market Global Briefing 2018

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Oil And Gas Supporting Activities Market Global Briefing 2018

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Oil Downstream Activities Market Global Briefing 2018

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Oil And Gas Upstream Activities Market Global Briefing 2018

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Oil And Gas Market Global Briefing 2018

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Oil And Gas Market Global Briefing 2018

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