The Rise and Fall of Managed Pressure Drilling Services Market with Forecast to2021 • The report "Managed Pressure Drilling Services Marketby Technology (Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling, Return Flow Control Drilling, by Application (Onshore & Offshore) and by Region - Global Trends and Forecasts to 2021", The managed pressure drilling services market is expected to cross USD 4.60 Billion by 2021, and is projected to grow at a CAGR of 3.8% during the forecastperiod. • The report covers major market players such as Schlumberger Limited. (U.S.), Halliburton (U.S.), Archer Well Services (U.K.), Weatherford International (Ireland), and Baker Hughes (U.S.) among others. These companies together occupy more than three-fourth of the managed pressure drilling servicesmarket. • Get Sample Copy for More Information@ https://www.marketsandmarkets.com/requestsample.asp?id=142692594 • Scope of theReport: • ByApplication: • Onshore • Offshore • ByTechnology • Constant Bottom Hole Pressure(CBHP) • Mud Cap Drilling(MCD) • Dual Gradient Drilling(DGD) • Return Flow Control Drilling(RFCD) • ByRegion • NorthAmerica • Europe • Asia-Pacific • MiddleEast • LatinAmerica • Africa • Browse 65 market data Tables and 53 Figures spread through 138 Pages and in-depth TOC on"ManagedPressureDrillingServicesMarket-GlobalTrendsandForecaststo2021" • Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=142692594
Growing energy demand coupled with declining production in onshore fields would drive the demand for new drillings, particularly in the offshore region. Apart from this, the success of managed pressure drilling in fields that were earlier considered uneconomical to drill would increase the demand for managed pressure drilling services. The global managed pressure drilling services market has been analyzed based on type, application, and region. The report covers regions including North America, Asia-Pacific, Europe, the Middle East, Latin America, and Africa. Offshore segment is expected to lead themarket Managed pressure drilling is mainly used in offshore drilling because of high-cost associated with it. Meanwhile, increasing exploration activities in deepwater and ultra deepwater regions, mainly in Europe and Africa, where recent oil & gas discoveries have been in offshore are contributing to the growth of the managed pressure drilling servicesmarket. Buy This Report @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=142692594 North America: the largest market for managed pressure drillingservices North America is projected to be the largest market for managed pressure drilling services till 2021. Within North America, the U.S. is the largest market, accounting for the maximum share. Meanwhile, Canada is also expected to show reasonable growth, given its development of unconventional sources, such as tar sands and tight oil. Meanwhile, Africa is the fastest growing within the managed pressure drilling services market, due to the recent discoveries occurring offshore in countries such as Angola, Tanzania, and Mozambique, among others. In addition, offshore developments in the Red Sea region by countries such as Saudi Arabia, Qatar, and UAE is expected to drive the growth of the Middle East managed pressure drilling servicesmarket. The report covers both applications (onshore & offshore), technologies (Constant Bottom Hole Pressure (CBHP), Dual Gradient Drilling (DGD), Mud Cap Drilling (MCD), and Return Flow Control Drilling (RFCD), and regional trends. It defines and segments the managed pressure drilling services market with analysis and forecast of the global E&P revenue and applications. It also identifies driving and restraining factors for the managed pressure drilling services market, with an analysis of trends, opportunities, burning issues, and winningimperatives. AboutMarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies asclients.
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