Some of the key players profiled in the Directional Drilling Services Market include Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, GE Oil & Gas, Nabors Industries Ltd., Gyrodata Incorporated, Scientific Drilling International, and Leam Drilling Systems, LLC.
Gaithersburg, Maryland, United States – January 8, 2020 /MarketersMedia/ —
Technological advancements in drilling technologies and increasing shale gas development are the major factors driving the market growth. However, declining oil spending due to low crude oil price and rising focus on renewable energy are restraining market growth.
Request for sample here: https://www.strategymrc.com/report/directional-drilling-services-market/request-sample
Directional drilling is a process of drilling a well with a chosen deviation to reach the target locality. This type of drilling is done for placing the wellbore precisely to get maximum recovery both on land and offshore regions. The main aim of this type of drilling is to cover large areas by the use of the single rig.
Based on the type, the rotary steerable system segment is likely to have a huge demand because it enables full three-dimensional directional drilling control to be performed while drilling with continuous drill string rotation from the surface.
Access the complete report at: https://www.strategymrc.com/report/directional-drilling-services-market
By geography, North America is going to have a lucrative growth during the forecast period due to technological advancements in drilling such as long-reach horizontal wellbores and completion techniques such as multi-stage hydraulic fracturing are increasing the implementation of these services.
Make an inquiry at: https://www.strategymrc.com/report/directional-drilling-services-market
• Rotary Steerable System
• Measurement-While-Drilling (MWD) & Survey
• Rotary Steerable System (RSS)
• Motors (MUD Motors)
• Other Services
• Well Planning
• Wellbore Positioning
• Automated Drilling Systems
• Torque & Drag Analysis
• Side Tracking
• Other Technologies
• Offshore Applications
• Onshore Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Follow us on Twitter: https://twitter.com/StratisticsMRC
Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile
About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Release ID: 88941884
This news is published on Reuters.