Oil & Gas Market Data and Studies

In the upstream and midstream oil & gas segments an increasing number of owner-operators (i.e. IOCs and NOCS), independent E&P firms, oilfield service providers, drilling contractors and other stakeholders are increasingly relying on automation and technologies designed to optimize production, lower cost per boe, increase employee productivity, and improve profitability.  ARC’s market analysis reports include artificial lift optimization, compressor monitoring & controls, intelligent pumps for the digital oilfield, leak detection systems, multiphase flow metering and virtual flow metering solutions, oilfield drilling optimization, oilfield operations management systems, pipeline scheduling solutions, subsea controls, turbine monitoring & controls, and upstream oilfield machinery.

ARC Advisory Group’s suite of upstream and midstream oil & gas related market analysis reports and supplier selection guides are invaluable tools for suppliers, oilfield service providers, owner-operators, independent E&P firms, drilling contractors, and other stakeholders trying to navigate the ever changing and volatile market dynamics resulting from the trend towards the digital transformation of the oil & gas value chain, global pandemics, trade wars, currency exchange rate fluctuations, and dynamic economic swings.  From artificial lift optimization solutions and services designed to optimize oil & gas well production optimization to solutions designed to schedule transportation of hydrocarbon products to the local distribution company (LDC) via pipelines, ARC has the oil & gas technology solutions market data you need.  ARC’s oil & gas market analysis reports are used by all the leading automation vendors to benchmark themselves against the competition and develop their business plans to optimize the opportunities provided by these turbulent market dynamics.  Likewise, ARC’s oil & gas solution and service selection guides are used by some of the largest oil & gas producers, oil & gas processing and pipeline transporters and oilfield service providers to ensure they choose a solution partner best suited for their regional, project and upstream or midstream application focus.

For detailed information, please click on the study title below.  For more information or to purchase a study, please contact us.

Artificial Lift Optimization

ARC investigated the global market for artificial lift optimization (ALO) systems for seven major types of applications, namely well monitoring/control, reservoir management, production optimization, predictive maintenance, multiphase pumping, artificial lift, flow assurance, and other applications.  The report scope provides quantitative analysis of seven artificial lift optimization system types – rod pump, electric submersible pump, progressing cavity pump, hydraulic submersible pump, plunger lift, gas lift, and jet pump.

With the risk of underlying oil price fluctuation, the emergence of oil & gas production optimization through artificial lift systems is more realized.  Advanced monitoring technologies, real-time analysis, IoT, and predictive maintenance are poised to propel the artificial lift optimization systems market.  ARC expects advanced analytics and digitalization to lead the way in the growth structure through 2024.

The oil & gas production industry is in a transition period where the advancements in technology are now taking major steps in the way of more advanced artificial lift optimization systems being designed and installed.  Examples of this are the emergence of predictive maintenance, which includes technologies capable of asset monitoring and predictive analysis of production systems.

Key suppliers: ABB, Ambyint, Apergy, Baker Hughes, Borets, Emerson (Zedi), Halliburton, NOV, OspreyData, Rockwell Automation, Schlumberger, Schneider Electric, Siemens, TechnipFMC, Weatherford

More information on the Artificial Lift Optimization study.

Compressor Monitoring and Controls

This report provides a concise analysis of the compressor monitoring and controls market.  ARC segmented the market by fuel type including gas, steam and water/hydro. The scope of the research is primarily on the aftermarket/retrofit opportunity.  Companies operating compressors in the plant or on the offshore platform continue to face the challenges of increasing efficiency, reducing energy consumption, and maintaining compressor and related process operational uptime (i.e., minimizing downtime).  Investing in new and improved compressor monitoring and controls across all four compressor types has been an investment from which most users are benefiting.

Compressor optimization is essential as manufacturers continue to face challenges to compete in the global market.  The automation market dynamics also remains extremely competitive.  the drive for process manufacturing productivity growth, for which compressor optimization is critical, is pushing companies to invest in new compressor monitoring and controls for various process industries.  Companies face continued challenges to raise productivity, lower production costs, lower oil extraction and refinement costs, reduce manufacturing operating expenses, and increase return on investment in order to compete in the global market. Optimizing compressor performance and uptime can play a critical role in helping companies realize operational excellence. 

Key suppliers: ABB, Archrock, Atlas Copco, Axip Energy Services, Baker Hughes, Bay Controls, Caterpillar, Compressor Controls Corporation (CCC), Continuous Controls Solutions (CCS), Detechtion Technologies, Emerson, Energy Control Technologies, General Electric, Hitachi, Honeywell, Howden Group, Ingersoll Rand, KAESER Kompressoren, Kawasaki Heavy Industries, MAN Energy Solutions, Mitsubishi Heavy Industries, PetroTech, Rockwell Automation, Schneider Electric, Siemens, Tr-Sens Systems, Windrock, Woodward, Yokogawa

More information on the Compressor Monitoring & Controls study

Intelligent Pumps for the Digital Oilfield

ARC investigated the global market for intelligent pumps for the digital oilfields across the onshore, offshore, and subsea upstream segments.  The report scope provides quantitative analysis of nine pump types: diaphragm process pumps, electric submersible pumps, helico-axial pumps, horizontal multistage centrifugal pumps, jet pumps, plunger pumps, progressing cavity pumps, reciprocating rod pumps, and twin-screw pumps.

The report also addresses the market sizing and forecast trends for eight major application segments: downhole pump/fracturing, chemical injection, water injection, crude oil transfer, multiphase pumping, artificial lift, subsea boosting, and CO2 injection/EOR.

Advances in operational technologies that unlocked unconventional production in both the oil sands of Northern Alberta and shale and tight oil plays across North America, helped create today’s market imbalance.  Sluggish global economic growth, the international battle for market share, and the lower cost of extraction are expected to keep a lid on prices for years to come. These factors have created a new paradigm, one in which competitive advantage will stem not from who can produce the most oil the quickest, but from who can best optimize the means of production to drive down costs.  And with the risks of oil prices fluctuating again, the technologies best positioned to achieve that goal are undoubtedly digital.

Key suppliers: Accudyne Industries, Apergy, Baker Hughes, Borets, Canadian Advance ESP, CheckPoint Pumps & Systems, CURFLO, Derrick Corporation, Drillmec, Forum Energy Technologies, FlowServe, Gardner Denver, Halliburton, ITT Industrial Process, KAMAT Pumpen, Leistritz AG, LEWA, Mayekawa, MH Wirth, National Oilwell Varco (NOV), NETZSCH Pumps & Systems, PCM, Schlumberger, Seepex, SPX Flow Technology, Sulzer, TechnipFMC, Weatherford

More information on the Intelligent Pumps for the Digital Oilfield study

Leak Detection Systems

ARC investigated the global market for leak detection systems (LDSs) for the oil and gas fields across the onshore, offshore, and subsea upstream segments.  The report scope provides both qualitative and quantitative analyses of nine technology types: acoustic/ultrasonic, infrared, hydrocarbon sensing cables, statistical analysis, fiber optic, mass/volume balance, negative pressure wave, real-time transient model (RTTM), and extended RTTM (E-RTTM).

Suppliers are developing several leak detection systems to overcome the increasing number of operational and environmental hazard challenges users encounter when trying to handle more hydrocarbons in this oil price recovery environment.  An increasing number of pipeline operating companies and related stakeholders are beginning to embrace the belief that investments in leak detection systems not only will mitigate risk by helping prevent catastrophic leaks and the associated financial and operational adverse implications but also should help reduce fines, regulatory oversight, and damage to a company’s reputation and public image.

In the slowly recovering oil price environment, owner-operators, independent E&P companies, and pipeline operators realize the value of investing in automation and other technology solutions to enhance production, improve recovery, and ensure more efficient operations with fewer experienced personnel.  Automation investments can also reduce risk by maintaining operational integrity to help reduce the frequency of accidents or other abnormal events and mitigate their negative impact on safety, environment, and profitability of the pipeline or relevant oil & gas facility, such as an offshore platform or onshore oil or gas processing facility.

Key suppliers: ATMOS International, AVEVA, Baker Hughes, DNV GL, Emerson, Halliburton, HMIA, Kongsberg, Krohne, Omnisens, OptaSense, Oz Optics. PSI Oil & Gas, Pure Technologies, Schlumberger, Silixa, TechnipFMC, TTK, Yokogawa

More information on the Leak Detection Systems Study

Multiphase Flow and Virtual Flow Metering Solutions

ARC investigated the global market for multiphase flow metering (MPFM) and virtual flow metering (VFM) solutions across onshore, offshore, and subsea market segments.  The report provides quantitative analysis of both radioactive and non-radioactive-based multiphase flow metering and virtual flow metering technologies as well as separate consuming applications analysis for MPFM and VFM solutions.

Multiphase flow metering and virtual flow metering suppliers are developing innovative measurement modalities and modeling technologies to overcome the challenges encountered in real-time multiphase flow measurements, often under extremely challenging environmental conditions.  Variations in formations and environmental conditions make “one size fits all” MPFM or VFM solutions impossible.

Key suppliers: ABB, Abbon, Agar, Baker Hughes, Belsim Engineering, Emerson, Haimo Technologies, Halliburton, IntelliDynamics, Kongsberg, Krohne, M-Flow Technologies, Neftemer, Pietro Fiorentini, Schlumberger, Tech4Imaging LLC, TechnipFMC, Turbulent Flux, Weatherford, Wood PLC

More information on the Multiphase Flow and Virtual Flow Metering Solutions Study

Oilfield Drilling Optimization

ARC investigated the global market for oilfield drilling optimization systems for 10 major type of applications, including BHA design, torque & drag optimization, hydraulic calculation & modeling, drill string stress & deflection analysis, wellbore trajectory analysis, MWD/LWD, tripping/stuck pipe, drilling vibrations reduction, and directional drilling,  The report also analyzes optimization system types such as real-time data acquisition, well trajectory planning, BHA optimization, underbalanced drilling, and managed pressure drilling.

In today’s environment of increased well complexity, higher drilling costs, and tremendous growth in data, optimizing drilling in real time is an imperative.  The drilling optimization process begins with data collected in real time at the rig site, then drilling parameters are monitored, the thresholds are verified, and operators get alerts regarding unexpected trend changes from surface or downhole parameters.  This allows users to optimize drilling and prevent any potential problems.

Oil and gas operators are proactively getting involved in the digitalization process to enhance operational efficiency and minimize the cost of oilfield drilling and extraction.  The implementation and execution of oilfield drilling optimization solutions and services helps knowing not only where (wellbore placement) and what (formation evaluation) you are drilling but also how you are drilling, which is mainly driven by the integration between the operator and the drilling service company.

Key suppliers: APS Technology, Baker Hughes, Drillmec, Drillscan, Eastern Drilling Services, Gyrodata, Halliburton, Helmrich & Payne, Kongsberg, Nabors, National Oilwell Varco (NOV), OilServ, Pason Systems, Patterson-UTI Energy, Petrolink, Schlumberger, TechnipFMC, Weatherford

More information on the Oilfield Drilling Optimization Systems Study

Oilfield Operations Management Systems

ARC investigated the global market for oilfield operations management systems (OOMSs) across the onshore, offshore, and subsea segments.  The scope of this research provides quantitative analysis of three systems types: production operations management and monitoring; production analysis and diagnostics; and production design, modeling, and simulation.

The need for operational improvements and cost management is now greater than ever in the oilfield.  Suppliers are developing a number of different oilfield operations management system platforms, components, and modules to overcome the increasing number of different operational challenges users encounter when trying to extract more hydrocarbons in an era of “lower for longer” oil prices.

More users are realizing that the benefits, even if incremental, provided by these solutions are now de facto investments and no longer just a consideration.  Most users need to decide on how comprehensive an oilfield operations management system infrastructure they require to optimize their production and recovery rates.  These solutions can help them lower costs and ensure more efficient operations with fewer experienced personnel.  Oilfield operations management systems are increasingly seen as a vital investment that translates into material ROI and helps ensure continued competitive survival. 

Key suppliers: ABB, Aspen Technology, AVEVA, Baker Hughes, eLynx Technologies, Emerson, Fathom Solutions, Halliburton, Honeywell, Kongsberg, OspreyData, P2 Energy Solutions, Peloton, Quorum Business Solutions, Rockwell Automation, SAP, Schlumberger, Siemens, TechnipFMC, Yokogawa, Weatherford, WellAware

More information on the Oilfield Operations Management Systems study

Pipeline Scheduling Solutions

ARC investigated the global market for pipeline scheduling solutions for the chemical, oil and gas, refining, and other industries.  The report scope provides both qualitative and quantitative analysis of pipeline scheduling solutions segmented by medium: liquids and natural gas, liquid medium by type, and applications for liquids and natural gas.

Suppliers are developing pipeline scheduling solutions to enhance operational performance, ensure regulatory compliance, automate shipping balances, improve accuracy in reporting and shipping, improve real-time data visibility, support storage transfers, and improve profitability, among other benefits.  An increasing number of pipeline operators and related stakeholders are realizing that the impact of the “Great Crew Change” and the challenge of onboarding experienced personnel in sufficient staffing levels to effectively operate increasingly more complex pipeline networks that are transporting a more diverse product mix requires more advanced pipeline scheduling solutions. The objective is to improve operational performance, ensure industry standards and/or regulatory compliance, and improve profitability.

Automation investments can help operators maximize their transportation operations, maintain regulatory compliance, improve customer satisfaction, and reduce the chances that challenges such as the impact of transmix reprocessing will impact operational and financial performance.

Key suppliers: Aspen Technology, AVEVA, Emerson, Energy Services Group (ESG), ENSYTE, FIS (SunGard), Honeywell, Interactive Computer Modeling (ICOM), Pioneer Solutions, PSI Oil & Gas, Open Access Technology International (OATI), Ortec, Delmia Quintiq, Quorum Business Solutions, Simulation Software Ltd, Tieto, Trellis Energy, Waterfield Energy Software, Yokogawa

More information on the Pipeline Scheduling Solutions study

SCADA Systems for Oil & Gas Industry

This report provides an in-depth analysis of the supervisory control and data acquisition (SCADA) business in the worldwide oil & gas industry. ARC’s analysis of the worldwide SCADA market for the oil & gas industry includes market size and segmentation, market forecast, industry structure, and supplier market shares and profiles.  In addition to providing clients with a quantitative assessment of the SCADA marketplace, this report provides an insightful analysis of the products and strategies of the leading SCADA suppliers.

SCADA systems that can be fully integrated with corporate business systems are essential in a business environment that demands real-time visibility of both production and supply chain.  Technology-savvy energy companies are increasingly looking for a total solution, integrating SCADA systems with other systems at the field level and at the higher level of corporate business systems.   Oil and gas end users continue to look for technological solutions to reduce operations and maintenance costs.  SCADA solutions, due to their inherent nature, form the foundation for many advanced solutions used to address these needs.

Key suppliers: ABB, AVEVA, Beijing ECHO, Emerson, General Electric, Honeywell, MOX Group, Rockwell Automation, Schneider Electric, Servelec Technologies, Siemens, Weatherford, Yokogawa

More information on the SCADA Systems for Oil & Gas Industry study

Subsea Controls

ARC investigated the global market for subsea controls for the following applications: subsea production, processing & compression, and installation & workover.  The report scope provides quantitative analysis of subsea controls system types, including master control stations (MCS), subsea power & communication units (SPCU), hydraullic power unit (HPU), subsea or topside termination umbilical assembly, subsea control modules (SCM), and sensors & electrical distribution equipment.

The future of subsea oil and gas operations is sound, as the industry technology heads toward deepwater oil and gas development sustained by higher oil prices, key technological improvements, and the need to replace maturing shallower water basins. This demand presents the need for standardized and digitalized subsea control systems through MCS-DCS Interface Standardization (MDIS) to minimize the interface management tasks, simplify the interface architecture, and optimize the testing as well as overall interface cost.

The subsea industry is in a transition period where the advancements in technology are now taking major steps in the way of more advanced subsea systems being designed and installed.  Examples of this are the emergence of subsea processing, which includes technologies capable of separating different fluid phases and boosting the fluids using pumps or compressors.

Key suppliers: ABB, Aker Solutions, Deep Down, Inc., Dril-Quip, Inc., Expro, Baker Hughes, Halliburton, Kongsberg, KW Designed Solutions, National Oilwell Varco (NOV), Nebb Group, Nexans SA, Oceaneering International, Proserv, Schlumberger, Siemens, TechnipFMC, Vallourec, W-Industries Inc., Worldwide Oilfield Machines, Zetechtics Ltd.

More information on the Subsea Controls study

Turbine Monitoring and Controls

Companies operating turbines in the plant or on the offshore platform continue to face the challenges of increasing efficiency, reducing energy consumption, and maintaining turbine and related process operational uptime (i.e., minimizing downtime).  Investing in new and improved turbine monitoring and controls across all three turbine types covered has been benefiting most users. Companies face continued challenges to raise productivity, lower production costs, lower oil extraction and refinement costs, reduce manufacturing operating expenses, and increase return on investment in order to compete in the global market.  Optimizing turbine performance and up-time can play a critical role in helping companies realize operational excellence.

The Turbine Monitoring & Controls market, including hardware, software, and services, is somewhat dynamic with major segments experiencing strong product innovation.  The turbine monitoring & controls market has requirements, standards, and capabilities that vary by industry. The study addresses the unique requirements and standards for turbine monitoring & controls used by a broad base of industries. This market has tremendous opportunities with growth driven by replacement of legacy turbine monitoring & controls with new features to fulfill many market demands and increase their value proposition, such as the growing demand for smart connected products based on Industrial IoT. The scope of the research covers gas, steam and water/hydro turbine monitoring & controls solutions and services.

The drive for process manufacturing productivity growth, for which turbine optimization is critical, is pushing companies to invest in new turbine monitoring and controls for various process industries applications driven by cross-industry movements, including digitalization, Industrial IoT, and Industrie 4.0.  Furthermore, the advances in data quality, software processing, and ease of use continue to increase the value proposition for end users.

Key suppliers: ABB, Andrtiz Hydro, Baker Hughes, Caterpillar, Compressor Controls Corporation (CCC), Continuous Controls Solutions (CCS), Emerson, Energy Control Technologies (ECT), EthosEnergy, General Electric, Gilkes, GUGLER Water Turbines, Heinzmann, HMIA, Honeywell, Kawasaki Heavy Industries, MAN Energy Solutions, Mitsubishi Heavy Industries, PetroTech, Qingneng Power Company, Rockwell Automation, Schneider Electric, Siemens, Toshiba, Tri-Sen Systems, Valmet, Voith Turbo, Woodward, Yokogawa

More information on the Turbine Monitoring & Controls study

Upstream Oilfield Machinery

ARC has investigated the upstream oilfield machinery market taking several major aspects of both drilling and production operations into consideration.  In this market analysis report, various equipment starting from the early drilling phase to production of hydrocarbon and workover are included.  ARC identifies communication and software technologies, smart downhole sensing, and analytics as the most critical disciplines that can help optimize oilfield operations.

Since advanced machineries were first introduced in oil and gas drilling and production operations, several decades ago, the challenges they were designed to address have become even more complex due to the need to locate and produce energy in more remote and environmentally challenging projects.  Variable operating load applications that require frequent loop tuning reap greater benefits from oilfield drilling and production systems that can periodically acquire the vast operational data through real-time operation centers and process changes to eliminate disturbances and reduce process variability. 

Looking ahead, owner-operators, independent E&P firms, and oilfield services companies will have to become even more cost and energy efficient and environmentally aware when drilling new wells, maintaining well integrity, or enhancing production from mature wells.  The last few years have seen an upsurge of new E&P technologies being deployed, with methods from different disciplines being used to enhance oilfield management.

Key suppliers: Apergy, Ariel, Baker Hughes, BAUER Compressors, Borets, Burckhardt Compression AG, Canadian Advanced ESP, CheckPoint Pumps & Systems, CURFLO, Derrick Corporation, Drillmec, Flowserve, Forum Energy Technologies, Gardner Denver, Gas Compressors Ltd, GDS International, GN Solids Control, Halliburton, ITT Industrial Products, LEWA, MayeKawa, MH Wirth, Nabors Industries Ltd, National Oilwell Varco (NOV), NETZSCH Pumps & Systems, Oil Works Inc., Parker Drilling, Patterson-UTI Energy Inc., Schlumberger, Siemens, Sulzer, TEchnipFMC, Weatherford

More information on the Upstream Oilfield Machinery study