'Latest Report Forecasts Significant Spending in the Oil & Gas Drilling Technologies Market in 2011' Says Visiongain

LONDON, September 5, 2011 /PRNewswire/ --

http://www.visiongain.com/Report/676/The-Oil-Gas-Drilling-Technologies-Market-2011-2021

World energy demand is growing at an incredible pace. As a result of rapid growth in demand for energy, conventional oil & gas fields are being depleted rapidly and to develop new oil and gas fields ever more challenging environments and depths have to be overcome. For example, companies are now drilling in the arctic, deepwater and ultra deepwater and they are developing special drilling equipment with directional control capabilities that can withstand evermore challenging conditions and penetrate ever harder rock formations in increasingly tough environments.

More recently the development of unconventional oil and gas resources such as oil sands, shale oil and gas, coal-bed methane and tight gas have also given rise to more drilling and exploration across the globe. Although hydrocarbon resources are abundant, these unconventional resources are difficult to extract and require more technologically advanced equipment to detect, drill and develop such fields.  Hence, drilling companies are integrating their services with development of wells to win ever larger contracts with top multinational oil and gas companies.

Drilling for hydrocarbons is a high-stakes game where rich and unexpectedly vast sources of hydrocarbons can be established such as those off the coast of Rio De Janeiro, Brazil. In other circumstances, multi-branch wells are drilled to extract oil from unconventional sources. All these needs have spurred the upstream hydrocarbon drilling industry to invest millions of dollars in research to develop drilling equipment capable of unlocking the wealth of hydrocarbon that was previous impossible or uneconomic to reach.

Visiongain's latest energy report, the Oil & Gas Drilling Technologies Market 2011-2021, takes a comprehensive look into the hydrocarbon drilling industry. Visiongain calculates that expenditure in the oil & gas drilling technologies industry will exceed $70.1bn in 2011 and capital expenditure in the oil & gas drilling technologies market will see significant growth over the forecast period.

You will gain valuable insights into the future developments of the oil & gas drilling industry by ordering The Oil & Gas Drilling Technologies Market 2011-2021 report.

To see sample pages of the report please click on:

http://www.visiongain.com/Report/676/The-Oil-Gas-Drilling-Technologies-Market-2011-2021

Table of Contents

1. Executive Summary
1.1 Market Overview
1.2 Driver & Restraints of the Oil & Gas Drilling Technologies Market 2011-2021
1.3 Highlights of the Report
1.4 Benefits of This Report
1.5 Methodology
1.6 The Global Oil & Gas Drilling Technologies Market Forecast 2011-2021
1.7 The Leading Regional Oil & Gas Drilling Technologies Markets Forecast 2011-2021
1.8 The Leading Oil & Gas Drilling Technologies Submarkets Forecast 2011-2021

2. Introduction to the Oil & Gas Drilling Technologies Market
2.1 A Brief Introduction to Drilling Technologies
2.2 Mobile Offshore Drilling Units
2.3 Global Oil & Gas Reserves
2.4 Ultra-Deepwater Reservoirs
2.5 Unconventional Oil Reserves
2.5.1 Oil Sands & Extra-Heavy Oil
2.5.2 Oil Shale
2.6 Unconventional Gas Reserves
2.6.1 Shale & Tight Gas
2.6.2 Coal Bed Methane (CBM)
2.6.3 Methane Hydrates
2.7 Oil & Gas Drilling Technologies
2.7.1 Drill Bits
2.7.2 Drill Piping, Drill String & Drill Casing
2.7.3 Drilling Fluids
2.7.4 Logging While Drilling (LWD) / Measurement While Drilling (MWD)
2.7.5 Directional Drilling & Drilling Tools
2.7.6 Extended Reach Drilling
2.7.7 Blowout Preventers (BOPs), Risers & Choke Manifolds

3. The Global Oil & Gas Drilling Technologies Market
3.1 The Global Oil & Gas Drilling Technologies Market Forecast 2011-2021
3.2 Global Oil & Gas Drilling Technologies Submarket Forecast 2011-2021
3.3 The Vertical Oil & Gas Drilling Technologies Submarket Forecast 2011-2021
3.4 The Horizontal Oil & Gas Drilling Technologies Submarket Forecast 2011-2021
3.5 The Directional Oil & Gas Drilling Technologies Submarket Forecast 2011-2021

4. Regional Oil & Gas Drilling Technologies Market
4.1 The North American Oil & Gas Drilling Technologies Market Forecast 2011-2021
4.1.1 The United States Oil & Gas Drilling Technologies Market
4.1.2 The Canadian Oil & Gas Drilling Technologies Market
4.2 Asia Pacific Oil & Gas Drilling Technologies Market Forecast 2011-2021
4.2.1 The Indian Oil & Gas Drilling Technologies Market
4.2.2 The Indonesian Oil & Gas Drilling Technologies Market
4.2.3 The Chinese Oil & Gas Drilling Technologies Market
4.2.4 The Australian Oil & Gas Drilling Technologies Market
4.2.5 The Malaysian Oil & Gas Drilling Technologies Market
4.2.6 The Philippines & Vietnam Oil & Gas Drilling Technologies Market
4.2.7 The Thailand Oil & Gas Drilling Technologies Market
4.3 The Middle Eastern Oil & Gas Drilling Technologies Market Forecast 2011-2021
4.3.1 The Saudi Arabian Oil & Gas Drilling Technologies Market
4.3.2 The Iraqi Oil & Gas Drilling Technologies Market
4.3.3 The Iranian Oil & Gas Drilling Technologies Market
4.3.4 The Qatari Oil & Gas Drilling Technologies Market
4.3.5 The UAE Oil & Gas Drilling Technologies Market
4.4 The Latin American Oil & Gas Drilling Technologies Market Forecast 2011-2021
4.4.1 The Mexican Oil & Gas Drilling Technologies Market
4.4.2 The Argentinean Oil & Gas Drilling Technologies Market
4.4.3 The Venezuelan Oil & Gas Drilling Technologies Market
4.4.4 The Brazilian Oil & Gas Drilling Technologies Market
4.4.5 The Colombian Oil & Gas Drilling Technologies Market
4.5 The Eurasian Oil & Gas Drilling Technologies Market Forecast 2011-2021
4.5.1 The Russian Oil & Gas Drilling Technologies Market
4.5.2 The Kazakhstani Oil & Gas Drilling Technologies Market
4.5.3 The Azerbaijani Oil & Gas Drilling Technologies Market
4.6 The African Oil & Gas Drilling Technologies Market Forecast 2011-2021
4.6.1 The Algerian Oil & Gas Drilling Technologies Market
4.6.2 The Libyan Oil & Gas Drilling Technologies Market
4.6.3 The Nigerian Oil & Gas Drilling Technologies Market
4.6.4 The Angolan Oil & Gas Drilling Technologies Market
4.7 The European Oil & Gas Drilling Technologies Market Forecast 2011-2021
4.7.1 The Norwegian Oil & Gas Drilling Technologies Market
4.7.2 The UK Oil & Gas Drilling Technologies Market
4.7.3 The Turkish Oil & Gas Drilling Technologies Market
4.8 Other Developments in OPEC

5. SWOT Analysis of the Oil & Gas Drilling Technologies Market 2011-2021
5.1 Strengths
5.1.1 Strong Oil & Gas Dem&
5.1.2 Unconventional Oil & Gas Resources
5.1.3 Drilling As an Alternative to Mining
5.1.4 Energy Security & Less Dependence on Energy Imports
5.2 Weaknesses
5.2.1 Volatile Oil & Gas Prices
5.2.2 Health & Safety Risks & Regulatory Intervention
5.2.3 High Costs
5.3 Opportunities
5.3.1 Technological Advances
5.3.2 Unexploited Deepwater Reservoirs
5.3.3 Divergence in the Price of Gas
5.4 Threats
5.4.1 Harsh Environment
5.4.2 Political Instability, Vandalism & Piracy
5.4.3 High Tax Rates on Oil Companies

6. Oil & Gas Drilling Technologies
6.1 Oil & Gas Drilling Hardware
6.1.1 Drill Bits
6.1.2 Drilling Fluids
6.1.3 Rotary Steerable Systems
6.1.4 Rotary Steerable Motor
6.2 Alternative Drilling Methods
6.2.1 Cryogenic Drilling
6.2.2 Rotary Drilling Versus Coiled Tubing Drilling
6.2.3 Electrical Drill Motors
6.2.4 Micro-Hole Drilling
6.2.5 Auger Drilling
6.2.6 Diamond Core Drilling
6.2.7 Direct Push Rigs
6.2.8 Hydraulic-Rotary Drilling
6.2.9 Sonic or Vibratory Drilling
6.2.10 Radial Jet Drilling
6.2.11 Fracking
6.2.12 Managed Pressure Drilling (MPD)
6.3 Advanced Control Systems
6.4 Computational Technology for Seismic Modelling
6.4.1 Computerise Tomography
6.5 Offshore Drilling Technologies
6.5.1 Tension Leg Platforms
6.5.2 Spar Platforms
6.5.3 Dynamic Positioning
6.6 Safety Equipment
6.6.1 Blow-Out Preventers
6.6.2 Choke Manifolds

7. Expert Opinion
7.1 Baker Hughes
7.1.1 Baker Hughes in the Oil & Gas Drilling Market
7.1.2 Drilling in Harsh Environments
7.1.3 Technologies for Horizontal Drilling
7.1.4 Trends in the Drilling Technologies Market
7.1.5 Drilling in Shale Gas Formations
7.1.6 Future Developments in the Drilling Technologies Market
7.1.7 Opportunities for Drilling Companies
7.1.8 Acquiring Drilling Permits from BOEMRE
7.1.9 Offshore Drilling Regulation in the Rest of the World
7.2 C-MAC Micro Technology
7.2.1 C-MAC Micro Technology in the Oil & Gas Drilling Technologies Market
7.2.2 Trends in the Oil & Gas Drilling Technologies Market
7.2.3 Challenges in the Drilling Technologies Market
7.2.4 Other Challenges Facing Drilling Companies in Harsh Environments
7.3 Maxeler Technologies
7.3.1 Maxeler Technologies in the Oil & Gas Drilling Technologies Market
7.3.2 Computation Technologies in the Oil & Gas Drilling Market
7.3.3 Seismic Data Processing & More Accurate 3D Modelling
7.3.4 Faster Decision Making for Drilling Companies

8. Leading Companies in the Oil & Gas Drilling Technology Market
8.1 Major Oil & Gas Companies
8.1.1 BP
8.1.2 Chevron Corporation
8.1.3 ExxonMobil Corporation
8.1.4 Royal Dutch Shell
8.1.5 Total
8.1.6 Petrobras (Petroleo Brasileiro)
8.2 Oil & Gas Drilling Companies
8.2.1 Acteon Company
8.2.2 AGR Group
8.2.3 Aker Solutions
8.2.4 Akita Drilling Ltd.
8.2.5 Allis-Chalmers Energy
8.2.6 Altinex Industries Ltd.
8.2.7 American Augers, Inc.
8.2.8 Antech
8.2.9 Atwood Oceanics, Inc.
8.2.10 Baker Hughes
8.2.11 BLAKE International US Rigs LLC
8.2.12 Cameron International Corporation
8.2.13 Cairn
8.2.14 CE Franklin
8.2.15 Complete Production Services
8.2.16 Crosco Integrated Drilling & Well Services Co.
8.2.17 Diamond Offshore Drilling
8.2.18 Dolphin Drilling Ltd.
8.2.19 Egyptian Drilling Company (EDC) Ltd.
8.2.20 Ensco
8.2.21 Ensign Energy Services Inc.
8.2.22 Eurasia Drilling Company Ltd.
8.2.23 Flint Energy Services
8.2.24 Fluor Corporation
8.2.25 Fred Olsen Energy AS
8.2.26 Frigstad Offshore
8.2.27 GE Oil & Gas
8.2.28 Halliburton
8.2.29 Helmerich & Payne
8.2.30 Hercules Offshore Inc.
8.2.31 Japan Drilling Company (JDC)
8.2.32 Jindal Drilling & Industries
8.2.33 KCA Deutag Drilling
8.2.34 K&M Technology Group
8.2.35 Lundin Petroleum
8.2.36 Maersk Drilling
8.2.37 Metzke Engineering
8.2.38 MI Swaco
8.2.39 Nabors Industries
8.2.40 National Oilwell Varco
8.2.41 Newpark Resources
8.2.42 Noble Drilling
8.2.43 Oil States International
8.2.44 Parker Drilling
8.2.45 Patterson-UTI Energy Inc.
8.2.46 Petrofac
8.2.47 Pioneer Drilling
8.2.48 Precision Drilling Corporation
8.2.49 Prosafe ASA
8.2.50 Reamco Inc.
8.2.51 Reliance Industries
8.2.52 Rowan Companies Inc.
8.2.53 Saipem
8.2.54 Sandvik AB
8.2.55 Savanna Energy Services Corporation
8.2.56 Schlumberger
8.2.57 Schoeller-Bleckmann Oilfield Equipment AG
8.2.58 Seadrill
8.2.59 Seawell
8.2.60 Smedvig
8.2.61 Stena Drilling
8.2.62 Superior Energy Services
8.2.63 T-3 Energy Services
8.2.64 Technip SA
8.2.65 Tenaris
8.2.66 Tesco Drilling
8.2.67 Transocean
8.2.68 Vallourec SA
8.2.69 Weatherford International Ltd.

9. Conclusions
9.1 Summary of the Oil & Gas Drilling Technologies Market
9.2 Global & Submarket Oil & Gas Drilling Technologies Market Forecasts
9.3 Regional Oil & Gas Drilling Technologies Market Forecasts
9.4 Final Observations

10. Glossary

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44(0)207-336-6100

About Visiongain

Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on. 

For an exec summary please email Sara Peerun
Email: sara.peerun@visiongainglobal.com
Tel: +44(0)20-7336-6100
Web: http://www.visiongain.com