Oilfield auxiliary equipment are machines and instruments that are used to supplement the drilling process at oilfields. The equipment used less frequently on the oilfield are availed on rent by various oil extraction companies.
Oilfield Auxiliary Rental Equipment Market Forecast
2013 - 2020
Published Date: 26 February 2015 No. of pages : 56
Oilfield auxiliary equipment are machines and instruments that are used to supplement the drilling process at oilfields. The equipment used less frequently on the oilfield are availed on rent by various oil extraction companies. The auxiliary equipment consist of sewage systems, mud labs, lighting system, distribution panels, storage tanks, debris junk catchers, transportation system, heat exchangers, flaring systems, drilling instruments and others.
The major factors driving the oilfield auxiliary rental equipment market include the rising demand for energy sources, impending need for cost optimization and increasing deep offshore oil production activities. However, some of the restraints associated with the market are the advent of automated systems and lack of skilled workforce. The impact of automated systems is expected to affect the auxiliary rental equipment market in near future.
The report analyzes the market in the GCC region. In order to study the regional imperatives, the research is focused on countries such as Saudi Arabia, U.A.E., Oman, Qatar, Kuwait, etc. Weatherford, Schlumberger, The Olayan Group, Key Energy Services and others are some of the key players in the GCC region. Merger/acquisition and expansions are the prime strategies followed by numerous companies to gain a competitive edge in the market.
Scope of the Report
OILFIELD AUXILIARY RENTAL EQUIPMENT MARKET BY GEOGRAPHY, 2013 – 2020 $MILLION
OTHER PROMINENT VENDORS
KEY VENDOR ANALYSIS
Trends and their impact
OILFIELD AUXILIARY RENTAL EQUIPMENT MARKET VendorsBY GEOGRAPHY
North America, Europe, Asia Pacific, LAMEA
Superior Energy Services Inc.
Oil States International Inc.
Thank You! Vendors
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