Managed Pressure Drilling Market Scope And Analysis

Report Code : TIPRE00002998
Category : Energy and Power

Status : Published
No. of Pages : 152

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Managed Pressure Drilling Market Analysis, Size, and Growth (2022-2028)

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Managed Pressure Drilling Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 4.85 Billion
Market Size by 2031	US$ 7.22 Billion
Global CAGR (2023 - 2031)	5.1%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Technology Constant Bottom Hole Pressure Mud Cap Drilling Dual Gradient Drilling Retrun Flow Control Drilling By Application Onshore 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 ADS Services LLC Archer Blade Energy Partners Nabors Industries Ltd Air Drilling Associates Inc Halliburton Co SLB Weatherford International Plc NOV Inc

Managed Pressure Drilling Market News and Recent Developments

The managed pressure drilling market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the managed pressure drilling market are listed below:

Nabors Industries Ltd and SLB announced a collaboration to scale the adoption of automated drilling solutions for oil and gas operators and drilling contractors. The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.

(Source: Nabors Industries Ltd, Press Release, January 2024)

Halliburton Company and Oil States Industries, Inc. announced a strategic collaboration that combines two award-winning technology sets to provide customers with innovative deepwater managed pressure drilling (MPD) solutions.

(Source: Halliburton, Press Release, November 2023)

Managed Pressure Drilling Market Report Coverage and Deliverables

The "Managed Pressure Drilling Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:

Managed pressure drilling market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Managed pressure drilling market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST and SWOT analysis
Managed pressure drilling market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the managed pressure drilling market
Detailed company profiles