Reports
Sale
Global Managed Pressure Drilling Services Market Size, Share: By Technology: Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling, Return Flow Control Drilling or HSE Method; By Application: Offshore, Onshore; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Managed Pressure Drilling Services Market Outlook
The global managed pressure drilling services market is anticipated to expand at a CAGR of 4.2% over the forecast period of 2024-2032. Deepwater and ultra-deepwater drilling are expected to increase the demand for managed pressure drilling services, especially in Africa, which will aid the industry growth over the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Segmentation
Managed pressure drilling is an adaptive drilling technique, used throughout a wellbore, to control the annular pressure profile accurately. It helps in determining the downhole pressure environment limits, based on which it manages the annular hydraulic pressure profile.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The global managed pressure drilling services industry can be divided based on segments like technology and application.
The industry can be divided based on its technology as constant bottom hole pressure, dual gradient drilling, mud cap drilling, and return flow control drilling or HSE method.
The industry is broadly categorised based on its application into:
- Offshore
- Onshore
The EMR report looks into the regional managed pressure drilling services markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Market Analysis
The constant bottom hole pressure (CBHP) segment, among other technologies, is anticipated to have the largest market share during the forecast period, owing to its growing use in North America for drilling offshore wells. The growing preference towards CBHP technique is the result of its ability to provide improved well site safety by controlling the annular pressure while drilling. As managed pressure drilling is mainly used offshore, the increasing exploration activities in deepwater and ultra-deepwater regions, especially in Europe and Africa, where recent oil and gas discoveries have been offshore, the managed pressure drilling services industry is witnessing a steady growth. While North America is expected to be the largest market for pressure drilling services, the Middle East and Africa market is likely to witness the fastest growth rate during the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Competitive Landscape
The report presents a detailed analysis of the following key players in the global managed pressure drilling services market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Weatherford International Limited (OTCMKTS: WFTIQ)
- Halliburton Company
- Baker Hughes Inc.
- Schlumberger Limited
- National Oilwell Varco
- Archer Limited
- Aker Solutions ASA
- Ensign Energy Services Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Managed Pressure Drilling Services Market Analysis
8.1 Key Industry Highlights
8.2 Global Managed Pressure Drilling Services Historical Market (2018-2023)
8.3 Global Managed Pressure Drilling Services Market Forecast (2024-2032)
8.4 Global Managed Pressure Drilling Services Market by Technology
8.4.1 Constant Bottom Hole Pressure
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Dual Gradient Drilling
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Mud Cap Drilling
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Return Flow Control Drilling or HSE Method
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Managed Pressure Drilling Services Market by Application
8.5.1 Offshore
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Onshore
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Managed Pressure Drilling Services Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Managed Pressure Drilling Services Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Managed Pressure Drilling Services Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Managed Pressure Drilling Services Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Managed Pressure Drilling Services Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Managed Pressure Drilling Services Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Weatherford International Plc
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Halliburton Energy Services, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Baker Hughes Company
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Schlumberger Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 NOV Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Archer Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Aker Solutions
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Ensign Energy Services Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Managed Pressure Drilling Services Market: Key Industry Highlights, 2018 and 2032
2. Global Managed Pressure Drilling Services Historical Market: Breakup by Technology (USD Billion), 2018-2023
3. Global Managed Pressure Drilling Services Market Forecast: Breakup by Technology (USD Billion), 2024-2032
4. Global Managed Pressure Drilling Services Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Managed Pressure Drilling Services Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Managed Pressure Drilling Services Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Managed Pressure Drilling Services Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Managed Pressure Drilling Services Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Managed Pressure Drilling Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Managed Pressure Drilling Services Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Managed Pressure Drilling Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Managed Pressure Drilling Services Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Managed Pressure Drilling Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Managed Pressure Drilling Services Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Managed Pressure Drilling Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Managed Pressure Drilling Services Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Managed Pressure Drilling Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Managed Pressure Drilling Services Market Structure
Key Questions Answered in the Report
The global managed pressure drilling services market is projected to grow at a CAGR of nearly 4.2% in the forecast period of 2024-2032.
The major drivers of the industry include the rising disposable incomes, increasing population, rising constant bottom hole pressure (CBHP) segment, and the growing preference towards CBHP technique.
The rising exploration activities in deep-water and ultra-deep-water regions is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America expected to lead the market.
The leading technologies of managed pressure drilling services in the industry are constant bottom hole pressure, dual gradient drilling, mud cap drilling, and return flow control drilling or HSE method.
The significant application segments in the market are offshore and onshore.
The leading players in the market are Weatherford International Plc, Halliburton Energy Services, Inc., Baker Hughes Company, Schlumberger Limited, NOV Inc., Archer Limited, Aker Solutions, and Ensign Energy Services Inc., among others.
Analyst Review
The global managed pressure drilling services market is primarily being driven by the increasing exploration activities in deep-water and ultra-deep-water regions. Aided by the rising constant bottom hole pressure (CBHP) segment, the industry is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 4.2%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on technology, the market can be segmented into constant bottom hole pressure, dual gradient drilling, mud cap drilling, and return flow control drilling or HSE method. On the basis of application, the industry can be divided into offshore and onshore. The major regional markets for managed pressure drilling services are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share in the market. The key players in the above industry include Weatherford International Plc, Halliburton Energy Services, Inc., Baker Hughes Company, Schlumberger Limited, NOV Inc., Archer Limited, Aker Solutions, and Ensign Energy Services Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER