Robotic Drilling Market Expected to Grow $923.2 Million by 2023

Well Intervention Market
The global robotic drilling market is expected to grow from an estimated $658 million in 2018 to $923.3 million by 2023, at a CAGR of 7.01% during the forecast period. This market growth is driven by the increased drilling activities due to the development of unconventional hydrocarbon resources and the adoption of automation and robotics in oil and gas drilling, which results in higher...

Digital Oilfield Market to Grow $32.0 Billion by 2026

Digital Oilfield Market
According to the new market research report “Digital Oilfield Market by Solution (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore and Offshore), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global digital oilfield market size is expected...

Well Testing Services Market to Reach $8.8 Billion by 2026

Well Testing Services Market
According to the new market research report “Well Testing Services Market by Services (Downhole Well Testing, Surface Well Testing, Reservoir Sampling, Real Time Well Testing, Hydraulic Fracturing Method Testing) by Application (Onshore, Offshore), by Well Type (Horizontal Wells, Vertical Wells), by Stages (Exploration, Appraisal, Development, Production) by Region – Global Forecast to...

Robotic Drilling Market to Hit $923.2 Million by 2023

Robotic Drilling Market
The global robotic drilling market is expected to grow from an estimated $658 million in 2018 to $923.3 million by 2023, at a CAGR of 7.01% from 2018 to 2023. This market growth is driven by the increased drilling activities due to the development of unconventional hydrocarbon resources and the adoption of automation and robotics in oil and gas drilling, which results in higher efficiency drilling and...

Perforating Gun Market to Surpass $898.7 Million by 2022

Perforating Gun Market
The global perforating gun market is projected to reach $898.7 million by 2022, at a CAGR of 3.71%, from 2017 to 2022. The North American market is estimated to be the largest for perforating guns, followed by Asia Pacific in 2017. The increase in oil & gas production, increased shale exploration, growing complexity of reservoir conditions, and increase in average well depth over the years...

Well Intervention Market Size to Grow $9.3 billion by 2026 – Historical and Future Challenges

well intervention market
According to the new research report “Well Intervention Market by Service (Logging and Bottomhole Survey, Tubing/Packer Failure and Repair, Stimulation), Intervention (Light, Medium, Heavy), Application (Onshore, Offshore) Well (Horizontal, Vertical) Region – Global Forecast to 2026” The well intervention market size will grow to  USD 9.3 billion by 2026 from USD 7.6 billion...