Managed Pressure Drilling Market Scope And Analysis

  • Report Code : TIPRE00002998
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 149
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Managed Pressure Drilling Market Analysis, Size, and Growth (2022-2028)

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Managed Pressure Drilling Market Report Managed Pressure Drilling Market Size and Share Managed Pressure Drilling Market Scope and Analysis

Managed Pressure Drilling Market Report Scope

Report Attribute Details
Market size in 2021 US$ 4.3 Billion
Market Size by 2028 US$ 6 Billion
Global CAGR (2021 - 2028) 4.9%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Technology
  • Constant Bottom Hole Pressure
  • Mud Cap Drilling
  • Dual Gradient Drilling
  • Return Flow Control Drilling
By Application
  • Onshore and Offshore
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Ensign Energy Services
  • Archer
  • Blade Energy Partners
  • Nabors Industries Ltd
  • Air Drilling Associates Inc
  • ADS Services LLC
  • Halliburton Energy Services Inc
  • Schlumberger Limited
  • Weatherford International plc

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    Application-Based Market Insights

    Based on application, the managed pressure drilling market is bifurcated into onshore and offshore. In 2020, the offshore segment accounted for a larger market share.

    The players operating in the managed pressure drilling market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

    • In August 2021, ADS Services, LLC, a provider of drilling and pressure control technologies and solutions, reorganized its product and service portfolio and increased its management team.
    • In October 2018, Archer successfully transitioned over four new and nine existing operations to the “Drilling Services Fixed Platforms” contract with Equinor previously awarded on April 3rd, 2018. Archer now provides integrated drilling, engineering, rentals, and well services on 13 of the 20 Equinor production drilling and quarters (PDQ) platforms on the Norwegian Continental Shelf.

    The global managed pressure drilling market has been segmented as mentioned below:

    By Technology

    • Constant Bottom Hole Pressure (CBHP)
    • Mud Cap Drilling (MCD)
    • Dual Gradient Drilling (DGD)
    • Return Flow Control Drilling (RFCD)

    By Application

    • Onshore
    • Offshore

    By Geography

    • North America

      • US
      • Canada
      • Mexico

    • Europe

      • France
      • Germany
      • Italy
      • UK
      • Russia
      • Rest of Europe

    • Asia Pacific (APAC)

      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC

    • Middle East & Africa (MEA)

      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA

    • South America (SAM)

      • Brazil
      • Argentina
      • Rest of SAM

    Company Profiles

    • Ensign Energy Services
    • Archer
    • Blade Energy Partners
    • Nabors Industries Ltd.
    • Air Drilling Associates, Inc.
    • ADS Services, LLC
    • Halliburton Energy Services, Inc.
    • Schlumberger Limited
    • Weatherford International plc
    • NOV Inc.