Drill pipes are one of the most important component of these drilling activity. Wired drill pipes are an advancement to the traditional drill pipes as they transmit real time data about the drilling operations. As per the study conducted by Market Research Future, the global market for Wired Drill Pipes is likely to grow at the CAGR of around 3.2% during the forecasted period. Techniques such as horizontal drilling and vertical drilling has enabled new oil discoveries onshore and several new investments are continuously made in these exploration activities.
Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/4016
The global oil prices have recovered from
their slump in prices in recent times and many major companies are involved
again in oil exploration and drilling services. With the North Sea oil drying
up and most of the offshore facilities in Gulf of Mexico reaching the end of
their lifetime, oil majors such as BP, Shell and Exxon Mobil are increasingly
investing in exploring new areas for oil production. Furthermore, drilling
activity and technology has witnessed a tremendous boom with onshore drilling
activity referred as shale oil production.
Segmentation
Global Wired Drill Pipes Market has been
fragmented on the basis of product type, by applications and by region.
By product type, the market has been
fragmented as DC Surface Suction, AC Submersible, DC Submersible and AC
Floating pumps. On the basis of location, the drilling activities are increasingly
happening in both onshore and offshore areas. Especially deep water type
offshore drilling is expected to drive the market as several new exploration
and drilling projects are carried in that region. Also, in horizontal drilling
operations carried out across two sites in similar locations, Wired Drill Pipes
can help share data in real time which will enable faster drilling activity and
data collection.
Browse Complete
Report @ https://www.marketresearchfuture.com/reports/wired-drill-pipe-market-4016
Competitive Analysis
The Wired Drill Pipes Market is
anticipated to have enormous amount of developments during the forecast period,
due to increased drilling activities especially in geographically difficult
areas. The market is also likely to have huge growth prospect in the North
America region and in the African region as these regions are currently
witnessing a huge oil and gas drilling activities.
The key players of the Global Wired Drill
Pipes Market are Schlumberger Limited (U.S.), The Halliburton Company (U.S.),
IntelliServ (NOV) (U.S.), Baker Hughes (U.S.) and Weatherford International PLC
(U.S.).
Scope of the Report
The report for Global Wired Drill Pipe Market
of Market Research Future comprises of extensive primary research along with
the detailed analysis of qualitative as well as quantitative aspects by various
industry experts, key opinion leaders to gain the deeper insight of the market
and industry performance. The report gives the clear picture of current market
scenario which includes historical and projected market size in terms of value
and volume, technological advancement, macro economical and governing factors
in the market. The report provides details information and strategies of the
top key players in the industry. The report also gives a broad study of the
different market segments and regions.
About Market Research Future:
At Market Research Future (MRFR), we
enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Read
More:
https://sites.google.com/view/offshore-wind-market-share/home
No comments:
Post a Comment