OilField Equipment Rental Market 2017-2021
A Recent Study Says That “Global OilField Equipment Rental Market” Will Make a Huge Impact in near Future in International Market
(EMAILWIRE.COM, April 18, 2018 ) Publisher’s market research report predicts that the global oilfield equipment rental market will grow at a CAGR of nearly 5% during the forecast period. Advances in the drilling technology is one of the primary drivers for market growth. Longer laterals, minimal liner and casing, enhanced drilling rates, and multi-pad drilling and improvements in the surface operations are some of the major technological advancements. These improvements also include a rise in the number and position of the fracturing stages and the shift to hybrid fluid systems. Moreover, the market also consists of innovative technologies that have assisted in monitoring detailed drilling activities during operations such as deepwater and ultra-water deepwater drilling activities. Furthermore, in the absence of possibilities to track the activities in unconventional regions, real-time systems play a significant role, and multilateral technologies are preferred for heavy oil applications. Such applications will drive the growth of the market in the future.
In terms of geography, the Americas led the global oilfield equipment rental market during 2016 and is expected to continue the domination during the forecast period. The rising demand for oil and gas and high possibility of major investments in the oil and gas sector during the forecast period drives the growth of the market in the region.
Sample Copy is Available @ http://www.reportsweb.com/inquiry&RW0001713470/sample
Competitive landscape and key vendors
The players in the global oilfield equipment rental market are adopting different strategies to stay ahead of the competitors. The regional market competitors are focused on research and development to develop new products and innovative technologies to cater to the shifting market dynamics. Strategies such as M&A activities, joint ventures, contracts, agreements, and partnerships help the market players increase their revenue shares.
Key vendors in the market are:
Ensign Energy Services
Halliburton
Precision Drilling
Schlumberger
Weatherford
Other prominent vendors include AOS ORWELL, Basic Energy Services, FMC Technologies, IOT GROUP, Key Energy Services, Knight Oil Tools, Oil States International, Parker Drilling, RPC, and Superior Energy Services.
For Inquire before Buying @ http://www.reportsweb.com/inquiry&RW0001713470/buying
About Us:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
In terms of geography, the Americas led the global oilfield equipment rental market during 2016 and is expected to continue the domination during the forecast period. The rising demand for oil and gas and high possibility of major investments in the oil and gas sector during the forecast period drives the growth of the market in the region.
Sample Copy is Available @ http://www.reportsweb.com/inquiry&RW0001713470/sample
Competitive landscape and key vendors
The players in the global oilfield equipment rental market are adopting different strategies to stay ahead of the competitors. The regional market competitors are focused on research and development to develop new products and innovative technologies to cater to the shifting market dynamics. Strategies such as M&A activities, joint ventures, contracts, agreements, and partnerships help the market players increase their revenue shares.
Key vendors in the market are:
Ensign Energy Services
Halliburton
Precision Drilling
Schlumberger
Weatherford
Other prominent vendors include AOS ORWELL, Basic Energy Services, FMC Technologies, IOT GROUP, Key Energy Services, Knight Oil Tools, Oil States International, Parker Drilling, RPC, and Superior Energy Services.
For Inquire before Buying @ http://www.reportsweb.com/inquiry&RW0001713470/buying
About Us:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results