About Oilfield Services
The oilfield services (OFS) market consists of a diverse set of services such as exploration, drilling, production, and completion. The market is unpredictable, as it is vulnerable to oil and gas price fluctuations. Despite this vulnerability, oilfield services providers are investing in and developing new technologies to boost production. These new technologies, such as enhanced oil recovery (EOR) and vertical drilling, reduce drilling time and enable efficient extraction of oil. Further, operational costs are being reduced through faster completion times and cleaner processing methods. Such developments are encouraging further investments.
Technavios analysts forecast the global oilfield services market to grow at a CAGR of 4.67% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global oilfield services market for 2016-2020. It provides a detailed study of both onshore and offshore applications, along with revenue and growth patterns. The report also discusses the different services offered in the market
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Oilfield Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Schlumberger
• Halliburton
• Weatherford International
• National Oilwell Varco
• Baker Hughes
Other prominent vendors
• China Oilfield Services
• Saipem
• Petrofac
• Transocean
• Fluor
• Worley Parsons
Market driver
• Rise in global oil and gas consumption
• For a full, detailed list, view our report
Market challenge
• High cost of production
• For a full, detailed list, view our report
Market trend
• Growth in oil and gas upstream investments
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global oilfield services market by application 2015
Global oilfield services market by application 2020
Global oilfield services market by application 2015-2020
Global oilfield services market by onshore application
Global oilfield services market by offshore application
PART 07: Market segmentation by services
Global oilfield services market by services 2015
Global oilfield services market by services 2020
Global oilfield services market by services 2015-2020
Global oilfield services market by drilling services
Global oilfield services market by production services
PART 08: Geographical segmentation
Global oilfield services market by region 2015
Global oilfield services market by region 2020
Global oilfield services market by services 2015-2020
Global oilfield services market in the Americas
Global oilfield services market in EMEA
Global oilfield services market in APAC
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
Other prominent vendors
PART 16: Key vendor analysis
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Weatherford International
PART 17: Appendix
List of abbreviations
PART 18: Explore Technavio
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List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Market overview
Exhibit 03: Global oilfield services market 2016-2020 ($ billions)
Exhibit 04: Oil and gas reserves 2015
Exhibit 05: Five forces analysis
Exhibit 06: Global oilfield services market by application 2015
Exhibit 07: Global oilfield services market by application 2020
Exhibit 08: Global oilfield services market by application 2015-2020
Exhibit 09: Global oilfield services market by onshore application 2015-2020 ($ billions)
Exhibit 10: Global oilfield services market by offshore application 2015-2020 ($ billions)
Exhibit 11: Global oilfield services market by services 2015
Exhibit 12: Global oilfield services market by services 2020
Exhibit 13: Global oilfield services market by services 2015-2020
Exhibit 14: Global oilfield services market by drilling services 2015-2020 ($ billions)
Exhibit 15: Global oilfield services market by production services 2015-2020 ($ billions)
Exhibit 16: World liquid fuels production and consumption balance
Exhibit 17: Global oilfield services market by region 2015
Exhibit 18: Global oilfield services market by region 2020
Exhibit 19: Global oilfield services market by services 2015-2020
Exhibit 20: Global oilfield services market in the Americas 2015-2020 ($ billions)
Exhibit 21: Oil and gas upstream investments in the Americas 2014-2035 ($ billions)
Exhibit 22: Global oilfield services market in EMEA 2015-2020 ($ billions)
Exhibit 23: Oil and gas upstream investments in EMEA 2014-2035 ($ billions)
Exhibit 24: Leading countries for oil production in EMEA 2013-2014 (millions of tons)
Exhibit 25: Global oilfield services market in APAC 2015-2020 ($ billions)
Exhibit 26: Oil and gas upstream investments in APAC 2014-2035 ($ billions)
Exhibit 27: Oil and gas production in 2014 in the US (millions of tons)
Exhibit 28: Oil and gas production in 2014 in Russia (millions of tons)
Exhibit 29: Oil and gas production in 2014 in Iran (millions of tons)
Exhibit 30: Global production of oil (millions of tons) and natural gas (millions of tons of oil equivalent) 2009-2014
Exhibit 31: Shale gas production in the US (bcf) 2009-2014
Exhibit 32: Research expenditures of top three vendors 2012-2014
Exhibit 33: Impact of drivers
Exhibit 34: Impact of drivers and challenges
Exhibit 35: Cumulative global investment in oil upstream activities 2014-2035 ($ trillions)
Exhibit 36: Cumulative global investment in gas upstream activities 2014-2035 ($ trillions)
Exhibit 37: Baker Hughes: Business segmentation by revenue 2014
Exhibit 38: Baker Hughes: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 39: Baker Hughes: Geographical segmentation by revenue 2014
Exhibit 40: Halliburton: Business segmentation by revenue 2014
Exhibit 41: Halliburton: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 42: Halliburton: Geographical segmentation by revenue 2014
Exhibit 43: National Oilwell Varco: Business segmentation by revenue 2014
Exhibit 44: Schlumberger: Business segmentation by revenue 2014
Exhibit 45: Schlumberger: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 46: Schlumberger: Geographical segmentation by revenue 2014
Exhibit 47: Weatherford International: product segmentation
Exhibit 48: Weatherford: Business segmentation by revenue 2014
Exhibit 49: Weatherford: Geographical segmentation by revenue 2014
