Oilfield Drilling Optimization Systems

Publish Date

The Oilfield Drilling Optimization Systems market research study delivers current market analysis plus a five year market and technology forecast.  The study is available in multiple editions including worldwide, all regions, and most major countries.

Digitalization Enables Oilfield Drilling Optimization

In today’s environment of increased well complexity, higher drilling costs, and tremendous growth in data, optimizing drilling in real time is an imperative.  The drilling optimization process begins with data collected in real time at the rig site, then drilling parameters are monitored, the thresholds are verified, and operators get alerts regarding unexpected trend changes from surface or downhole parameters.  This allows users to optimize drilling and prevent any potential problems. 

Oil and gas operators are proactively getting involved in the digitalization process to enhance operational efficiency and minimize the cost of oilfield drilling and extraction.  The implementation and execution of oilfield drilling optimization solutions and services helps knowing not only where (wellbore placement) and what (formation evaluation) you are drilling but also how you are drilling, which is mainly driven by the integration between the operator and the drilling service company.

ARC investigated the global market for oilfield drilling optimization systems for 10 major type of applications, including BHA design, torque & drag optimization, hydraulic calculation & modeling, drill string stress & deflection analysis, wellbore trajectory analysis, MWD/LWD, tripping/stuck pipe, drilling vibrations reduction, and directional drilling,  The report also analyzes optimization system types such as real-time data acquisition, well trajectory planning, BHA optimization, underbalanced drilling, and managed pressure drilling.

ARC believes the oilfield drilling optimization systems market will grow at a robust pace as it improves operational efficiency and performance.  With data being the new “oil” of the digital economy, real-time data acquisition is expected to have the largest investment opportunity in coming years in the drilling optimization market.

Oilfield Drilling Optimization Strategic Issues and Market Trends

Oilfield Drilling Optimization Market TrendsThis report provides strategic market information and guidance for the worldwide oilfield drilling optimization systems market.  It addresses key questions relative to drilling optimization systems, such as: 

  • How large is the market potential? 
  • Who are the leading suppliers? 
  • Which regions contain the largest markets?
  • What are the strategic issues facing both suppliers and end users?
  • Which applications will offer the greatest growth opportunities? 
  • Which system types will be the largest investment areas?

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Oilfield Drilling Optimization Systems Study Formats and Editions Available

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:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes Country Data) No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Application Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by System Type
    • BHA Optimization
    • Managed Pressure Drilling
    • Real-time Data Acquisition
    • Under-balanced Drilling
    • Well Trajectory Planning
  • Market Shares by Software and Services
  • Market Shares by Application
    • BHA Design
    • Directional Drilling
    • Drill String Stress & Deflection Analysis
    • Drilling Vibrations Reduction
    • Hydraulic Calculation & Modeling
    • MWD/LWD
    • Torque and Drag Optimization
    • Tripping/Stuck Pipe
    • Wellbore Trajectory Analysis
  • Market Shares by Project Location
    • Offshore
    • Onshore
    • Subsea
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts and Histories

  • Total Oilfield Drilling Optimization Systems Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by System Type
    • BHA Optimization
    • Managed Pressure Drilling
    • Real-time Data Acquisition
    • Under-balanced Drilling
    • Well Trajectory Planning
  • Shipments by Software and Services
  • Shipments by Application
    • BHA Design
    • Directional Drilling
    • Drill String Stress & Deflection Analysis
    • Drilling Vibrations Reduction
    • Hydraulic Calculation & Modeling
    • MWD/LWD
    • Torque and Drag Optimization
    • Tripping/Stuck Pipe
    • Wellbore Trajectory Analysis
  • Shipments by Project Location
    • Offshore
    • Onshore
    • Subsea
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market.

Regional Research Focus Areas

Strategic Analysis

Scope

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecast & History Analysis

  • Market Forecast & History by Country
  • Market Forecast & History by Industry

Industry Participants

List of countries and currencies included in each region

Country Research Focus Areas

Contact us for the countries available for this study.