Search results for: 'drilling in'

Upstream oil & gas is increasingly focused on cutting costs and improving recovery rates through radical innovation and digital transformation. Our Future of Drilling Systems study provides an overview of emerging technology areas, industry shifts, company profiles, and ensuing business model transformations surrounding drilling activities, with a ...

Determining which technologies to develop and communicating innovation’s value to include practices beyond Research and Development (R&D) is required to sustain a culture of continuous innovation and meet future demand in the upstream supply chain. However, the industry is still behind the curve in stressing this critical area. Upstream oil and gas...

01 Feb 2018  |  Global  |  Market Research

Impact of Low Oil Price on Oilfield Equipment and Service Market, 2017

The Oilfield Service and Equipment Market Experienced a Double-dip Negative Growth in 2015 and 2016, but is Expected to Rebound with the Recovery of Oil Prices

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The global oilfield services and equipment market is still recovering from the 2015 oil price crash, as oil companies are still trying to consolidate their position by reevaluating their capital expenditure. The oilfield services and equipment market has four main segments - drilling, completion, capital equipment, and production. While some segmen...

29 May 2019  |  Global  |  Market Research

Global Oilfield Chemicals Market, Forecast to 2025

Oilfield Service Investments Driven by New Oil and Gas Field Discoveries to Fuel Market Growth

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Oilfield chemicals are chemicals used in upstream oil and gas operations to facilitate effective and efficient extraction of hydrocarbons (oil or natural gas) from onshore or offshore hydrocarbon reservoirs. They find important applications in oilfield service operations in the upstream O&G industry. Drilling, workover and completion, production, w...

Environmental mandates on achieving a low carbon footprint are driving the analytical instrumentation market in the oil & gas industry. Applications in the refining segment, including monitoring of air/water quality and measuring greenhouse gas (GHG) emissions, to present increased growth opportunities. The market for analytical instrumentation i...

06 Jul 2018  |  North America  |  Market Research

Global Mobile Hydraulic Equipment Market, Forecast to 2023

Renewed Investments in Infrastructure, Logistics, and Energy to Support the Recovery in the Mobile Hydraulic Equipment Sector

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This Frost & Sullivan research service analyzes the global mobile hydraulic equipment market in detail from 2014 to 2023, with the base year of the study as 2017. This study examines the various product segments, end-user industries, and market shares, and offers a competitive analysis of the global market participants. Regional analyses are provid...

02 Dec 2019  |  Global  |  Market Research

Digitization of Oil and Gas—Understanding the Impact of IIoT-based Monitoring

Demand for IIoT-based Solutions Increasing Due to Regulatory Requirements and Need to Limit Downtime and Leakage Loss

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This research service presents the opportunities for monitoring solutions based on the Industrial Internet of Things (IIoT) across the upstream, midstream, and downstream segments of the oil and gas industry. The study presents information on the various market trends with respect to sensing, monitoring, and emerging IIoT-based solutions in several...

Innovation in refracturing and restimulation is creating new opportunities for participants in the oil and gas industry. Volatility of oil prices is driving a growing need for reducing production cost, fueling technological advances to propel the growth of refracturing and restimulation procedures. Innovation in refracturing and restimulation is ex...

14 Oct 2021  |  Asia Pacific  |  Market Research

Southeast Asian Contactless Payment Growth Opportunities, Forecast to 2026

Convenience and Safety Considerations During the Pandemic Drive Use

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The proliferation of COVID-19 has factored into the growth of contactless payments (made through a mobile device, wearable, or physical or virtual card, with the payee’s device or a merchant’s terminal initiating the transaction) in Southeast Asia. Customers want a safe and convenient way to do face-to-face transactions. Regulations and other gover...