Oilfield Market (Corporate License)


Oilfield Market (Corporate License)

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Excel file is published each year in October and updated in January and April of the following year.

The Oilfield Market Report details the equipment and service markets associated with the exploration, drilling, and production segments of the worldwide petroleum industry. The OMR contains share and size analysis on 32 market segments. The current edition of the report has been expanded to include product line revenues for about 700 oilfield equipment and service companies working around the world. Spears & Associates constructs the Oilfield Market Report using thousands of interviews and independent data sources each year. Among the report’s clients are all major oil companies, all major service companies, all major consulting firms and a host of investors.

The new edition of the Oilfield Market Report includes the current year plus 10 years of history and includes the following market segments:

  • Artificial Lift

  • Casing & Tubing Services

  • Coiled Tubing Services

  • Completion Equipment & Services

  • Contract Compression Services

  • Directional Drilling Services

  • Downhole Drilling Tools

  • Drill Bits

  • Drilling & Completion Fluids

  • Floating Production Services

  • Geophysical Equipment & Services

  • Hydraulic Fracturing

  • Inspection & Coating

  • Land Contract Drilling

  • Offshore Construction Services

  • Offshore Contract Drilling

  • Oil Country Tubular Goods

  • Petroleum Aviation

  • Production Testing

  • Rental & Fishing Services

  • Rig Equipment

  • Solids Control & Waste Management

  • Specialty Chemicals

  • Subsea Equipment

  • Supply Vessels

  • Surface Data Logging

  • Surface Equipment

  • Unit Manufacturing

  • Well Servicing

  • Wireline Logging

 The 2018 global oilfield equipment & services market will rise 11% to $262 billion. We resume a period of growth in the near term and are expecting a CAGR of 14% which is higher than the CAGR of 9% for the period 2006 - 2014.  We anticipate markedly higher commodity prices in ’21 & ’22 driving growth in both Offshore (International) as well as Land (NAM) markets.