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ARC has investigated the upstream oilfield machinery market taking several major aspects of both drilling and production operations into consideration. In this market analysis report, various equipment starting from the early drilling phase to production of hydrocarbon and workover are included.
Since advanced machineries were first introduced in oil and gas drilling and production operations, several decades ago, the challenges they were designed to address have become even more complex due to the need to locate and produce energy in more remote and environmentally challenging projects. Variable operating load applications that require frequent loop tuning reap greater benefits from oilfield drilling and production systems that can periodically acquire the vast operational data through real-time operation centers and process changes to eliminate disturbances and reduce process variability.
Looking ahead, owner-operators, independent E&P firms, and oilfield services companies will have to become even more cost and energy efficient and environmentally aware when drilling new wells, maintaining well integrity, or enhancing production from mature wells. The last few years have seen an upsurge of new E&P technologies being deployed, with methods from different disciplines being used to enhance oilfield management.
ARC identifies communication and software technologies, smart downhole sensing, and analytics as the most critical disciplines that can help optimize oilfield operations.
This report provides strategic market information and guidance for the worldwide upstream oilfield machinery market. The report includes quantitative assessments and forecasts of drilling optimization systems and segmentation as well as discussions of world regions, system types, and revenue categories. It addresses key questions relative to upstream oilfield machinery and automation, such as:
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:
Countries included in each region.
Table of contents for these studies is shown in the following paragraphs.
The research profiles all relevant suppliers serving this market.