Oilfield Drilling Optimization Systems

Publish Date

The Oilfield Drilling Optimization Systems market research study delivers current market analysis plus a five year market and technology forecast.  The study is available in multiple editions including worldwide, all regions, and a select group of countries.

End Users Embrace Oilfield Drilling Optimization for Enhanced Efficiency

ARC investigated the global market for oilfield drilling optimization systems for the major type of applications, namely BHA design, torque and 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 scope provides quantitative analysis of the different optimization system types: real-time data acquisition, well trajectory planning, BHA optimization, underbalanced drilling, and managed pressure drilling.

The implementation and execution of oilfield drilling optimization solutions and services helps users know 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.  It is a well-known fact that the era of “easy oil” is past and what was once considered unconventional in terms of shale, ultra-deepwater, and subsea, among others, is becoming the new normal.

As a result, owner-operators, independent E&P companies, and drilling contractors have realized that investment in automation and technology solutions to increase rate of penetration, minimize stuck pipe or kicks, improve and/or enhance recovery rates, and ensure more efficient exploration and development with fewer experienced personnel is a vital investment that translates into material return on investment (ROI).

ARC believes the oilfield drilling optimization systems market will likely be growing at a more robust pace as it continues to hold its appeal for users, particularly in the form of improved efficiency and performance that can add material ROI, lower overall operational costs, and improve profitability.  With data being the new “oil” of the digital economy, real-time data acquisition is expected to have the largest investment opportunity in the coming years in the drilling optimization market.

Oilfield Drilling Optimization Strategic Issues

Oilfield Drilling Optimization Market TrendsThis report provides strategic market information and guidance for the worldwide oilfield drilling optimization systems market.  The report includes quantitative assessments and forecasts of drilling optimization systems and segmentations as well as discussions of world regions, system types, revenue categories, applications, sales channels, and customer types.  It addresses key questions relative to drilling optimization systems, such as: 

  • How large is the market potential? 
  • Who are the leading suppliers? 
  • Which regions contain the largest markets?
  • What are the strategic issues facing both suppliers and end users?
  • Which applications will offer the greatest growth opportunities? 
  • Which system types will be the largest investment areas?

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Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes Country Data) No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Application Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by System Type
    • BHA Optimization
    • Managed Pressure Drilling
    • Real-time Data Acquisition
    • Under-balanced Drilling
    • Well Trajectory Planning
  • Market Shares by Software and Services
  • Market Shares by Application
    • BHA Design
    • Directional Drilling
    • Drill String Stress & Deflection Analysis
    • Drilling Vibrations Reduction
    • Hydraulic Calculation & Modeling
    • MWD/LWD
    • Torque and Drag Optimization
    • Tripping/Stuck Pipe
    • Wellbore Trajectory Analysis
  • Market Shares by Project Location
    • Offshore
    • Onshore
    • Subsea
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts

  • Total Oilfield Drilling Optimization Systems Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by System Type
    • BHA Optimization
    • Managed Pressure Drilling
    • Real-time Data Acquisition
    • Under-balanced Drilling
    • Well Trajectory Planning
  • Shipments by Software and Services
  • Shipments by Application
    • BHA Design
    • Directional Drilling
    • Drill String Stress & Deflection Analysis
    • Drilling Vibrations Reduction
    • Hydraulic Calculation & Modeling
    • MWD/LWD
    • Torque and Drag Optimization
    • Tripping/Stuck Pipe
    • Wellbore Trajectory Analysis
  • Shipments by Project Location
    • Offshore
    • Onshore
    • Subsea
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market.

Regional Research Focus Areas

Strategic Analysis

Scope

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecast Analysis

  • Market Forecast by Country
  • Market Forecast by Industry

Industry Participants

List of countries and currencies included in each region

Country Research Focus Areas

Contact us for the countries available for this study.