0

Oil and Gas Well Conductor Installation Services Market by Application and Geography - Forecast and Analysis 2019-2023

  • Published: Sep 2019
  • Pages: 133
  • SKU: IRTNTR32096
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The global oil and gas well conductor installation services market has the potential to grow by USD 112.4 million during 2019-2023, and the market’s growth momentum will accelerate throughout the forecast period.

This report provides a detailed analysis of the market by geography (APAC, Europe, MEA, North America, and South America) and application (onshore and offshore). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Acteon Group Ltd., AOS Orwell Ltd., Baker Hughes, a GE Co. LLC, China Oilfield Services Ltd., Frank's International NV, Koninklijke Wagenborg BV, Overseas Petroleum Engineering Service Co., Pinnergy Ltd., Sanguine Oilfield Services LLP, and Solidgro Energy Sdn Bhd.

Market Overview

Oil-and-Gas-Well-Conductor-Installation-Services-Market-Overview

Browse TOC and LoE with selected illustrations and example pages of oil and gas well conductor installation services market

Request a FREE sample now!

Market Competitive Analysis

The oil and gas well conductor installation services market is fragmented, and the degree of fragmentation will remain the same during the forecast period. Market vendors are focusing on various technological advancements that will enable them to install conductor pipes in a short time. Acteon Group Ltd., AOS Orwell Ltd., and Baker Hughes, a GE Co. LLC are some of the major market participants. Though the accelerating growth momentum will offer immense growth opportunities, the environmental concerns related to drilling will challenge the growth of the market participants. To increase their oil and gas well conductor installation services market share, companies should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this oil and gas well conductor installation services market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the services offered by various companies. Moreover, this oil and gas well conductor installation services market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the sustainability and prospects of several leading oil and gas well conductor installation service companies, including:

  • Acteon Group Ltd.
  • AOS Orwell Ltd.
  • Baker Hughes, a GE Co. LLC
  • China Oilfield Services Ltd.
  • Frank's International NV
  • Koninklijke Wagenborg BV
  • Overseas Petroleum Engineering Service Co.
  • Pinnergy Ltd.
  • Sanguine Oilfield Services LLP
  • Solidgro Energy Sdn Bhd

Oil and Gas Well Conductor Installation Services Market: Segmentation by Region

Oil-and-Gas-Well-Conductor-Installation-Services-Market-Share-by-Region

For more insights on the market share of various regions Request for a FREE sample now!

North America is one of the largest markets for oil and gas well conductor installation services in 2018, and the region will offer several growth opportunities to market participants during the forecast period. The increase in onshore and offshore oil and gas projects and the rising investments and initiatives undertaken by various governments will contribute to oil and gas well conductor installation services market growth in this region.

Almost 43% of the market’s growth will originate from North America during the forecast period. The US is a key market for oil and gas well conductor installation services in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.

Oil and Gas Well Conductor Installation Services Market: Segmentation by Application

Oil-and-Gas-Well-Conductor-Installation-Services-Market-Share-by-Application

Request for a FREE sample and get more information on the market contribution of various applications

The recovery in crude oil prices has resulted in increasing investments in onshore oil and gas E&P activities. Oil and gas E&P activities in shale and oil gas reservoirs have increased production in the onshore segment. Thus, the rise in onshore oil and gas E&P activities will drive the growth of the oil and gas well conductor installation services market in this segment.

Market growth in this segment will be slower than the growth of the market in the offshore segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the oil and gas well conductor installation services market size.

Oil and Gas Well Conductor Installation Services Market: Key Drivers and Trends

The increasing investments in upstream E&P activities will be a significant factor driving the growth of the oil and gas well conductor installation services market. Rising population and increasing industrial developments have increased the global energy demand. As a result, governments of various countries are undertaking several initiatives to increase oil and gas production and achieve energy security. Technological advancements have enabled the exploration of untapped oil and gas resources. Oil and gas operators are increasingly investing in mature oilfields to address the declining production of oilfields and maximize their revenue.

Moreover, upstream oil and gas companies are adopting various E&P technologies to tap unconventional reserves, such as shale oil and gas and oil sands. With increasing upstream investments, the demand for oil and gas well conductor installation will also grow as it is an essential component in the oil and gas drilling process and has several functions, such as preventing well collapse. These factors are expected to boost the growth of the oil and gas well conductor installation services market during the forecast period.

  • Developments in conductor installation have been identified as critical oil and gas well conductor installation services market trends contributing to market growth.
  • The per-day costing of renting rigs in offshore wells is higher than those of onshore rigs because of the low availability of new E&P activities.
  • As a result, oil and gas companies are increasingly focusing on reducing the rig time to balance the demand and supply of offshore rigs and to minimize the per-day cost of renting rigs in offshore wells.
  • This has encouraged market vendors to launch various technologically advanced products that minimize the time required for installing conductor pipes.
  • For instance, Conductor Anchor Node (CAN) technology launched by NeoDrill AS needs less rig time to install oil and gas conductor pipe on the seabed.
  • Such technological advancements will boost the popularity of oil and gas well conductor installation services and consequently fuel the growth of the market during the next five years.
  • During 2019-2023, the oil and gas well conductor installation services market will grow at a CAGR of almost 7%.

Oil-and-Gas-Well-Conductor-Installation-Services-Market-Report

Request for a FREE sample now!

Oil and Gas Well Conductor Installation Services Market: Key Highlights of the Report for the Forecast Period 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the oil and gas well conductor pipe installation services market during the next five years
  • Precise estimation of the global oil and gas well conductor installation services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the oil and gas well conductor installation services industry across the APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of oil and gas well conductor installation service providers

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Developments in conductor installation
  • Rise in unconventional drilling activities
  • Rise in deepwater and ultra-deepwater E&P activities

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Acteon Group Ltd.
  • AOS Orwell Ltd.
  • Baker Hughes, a GE Co. LLC
  • China Oilfield Services Ltd.
  • Frank's International NV
  • Koninklijke Wagenborg BV
  • Overseas Petroleum Engineering Service Co.
  • Pinnergy Ltd.
  • Sanguine Oilfield Services LLP
  • Solidgro Energy Sdn Bhd

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Energy
  3. Published Reports 2019
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>