Global Oilfield Equipment Rental Market 2014-2018: Key Vendors are Chesapeake Oilfield, Halliburton, Precision Drilling, Schlumberger, Superior Energy Services and Weatherford
03 Oct, 2014, 11:32 BST
DUBLIN, Oct. 3, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Oilfield Equipment Rental Market 2014-2018" report to their offering.
Rental oilfield equipment is used for the extraction of oil and gas from reservoirs. This equipment is either taken on rent or lease by the oilfield operator, as it will reduce the capital cost for the operator.
The analysts forecast the Global Oilfield Equipment Rental market will grow at a CAGR of 14.5 percent over the period 2014-2018.
This report covers the present scenario and the growth prospects of the Global Oilfield Equipment Rental market for the period 2014-2018. The Global Oilfield Equipment Rental market can be segmented into three product divisions: Drilling Equipment, Pressure and Control Valve, and Other Equipment.
The report, the Global Oilfield Equipment Rental Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Oilfield Equipment Rental market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The decreased investment in in-house production units by major integrated oil and gas vendors is one such trend. The market players are decreasing their in-house investment as they can rent out the oilfield equipment with desired customization, which reduces the capital costs for any project.
According to the report, the increased oil and gas drilling activities across the globe is one of the main drivers in the market. The drilling activities have increased the demand for rental oilfield equipment, which is expected to propel the growth of the market during the forecast period.
Further, the report states that the variation in demand from end-users is one of the major challenges faced by the market. The demand varies from one oilfield to another; this variation can be in terms of size and shape of equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
Companies Mentioned:
- Aos Orwell Ltd.
- Basic Energy Services Inc.
- Chesapeake Oilfield Services Llc
- EnsignEnergy Services Inc.
- Fmc Technologies Inc.
- Greene's Energy Group
- Halliburton Co.
- Independent Oil Tools AS
- Key Energy Services
- Knight Oil Tool Inc.
- Oil States International Inc.
- Parker Drilling Co.
- Precision Drilling Corp.
- RPC
- SavannaEnergy Services Corp.
- Schlumberger Ltd.
- Superior Energy Services Inc.
- Tasman Oil Tools Pty Ltd
- Weatherford International Ltd.
- Western Energy Services Corp.
For more information visit http://www.researchandmarkets.com/research/ftk5bl/global_oilfield
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
SOURCE Research and Markets